Vixio Shortlisted for Payments Compliance Technology of the Year at Payments Awards 2024

LONDON, 19 August 2024 – Vixio, a leading provider of regulatory intelligence solutions, has been shortlisted for Payments Compliance Technology of the Year at the 12th annual Payments Awards for its PaymentsCompliance platform.

This award acknowledges the growing need for innovative payments compliance solutions amid an increasingly challenging regulatory environment. The payments industry is heavily regulated and varies significantly between jurisdictions and according to each product or service.

"Amid an unprecedented wave of regulatory changes and increasing enforcement from authorities, compliance teams can no longer depend on manual research to stay up-to-date — that's where Vixio steps in. We are honoured to be shortlisted as it is a testament to Vixio’s innovation and leadership in the payments industry," said John Gidla, Head of Vixio PaymentsCompliance

Vixio’s solution enables payments companies to filter out the noise, ensuring they never miss an important update. In 2023, Vixio tracked 549,710 regulatory updates issued worldwide by various authorities across different jurisdictions. Of those, only 2,376 were pertinent to the payments industry, and just 670 required action. Yet, missing even one of those actionable items can have severe consequences for payments companies.

Mike Woolfrey, CEO of Vixio, said, “We are thrilled to be shortlisted for Payments Compliance Technology of the Year at the Payments Awards 2024. Vixio’s focus is always on ensuring our clients have the intelligence they need to stay on top of a rapidly changing environment, mitigate risk, and swiftly identify new growth opportunities - making compliance a competitive advantage.”

Vixio brings together global actional regulatory intelligence in one place, with customisable filters and alerts, so that companies can interpret current regulations relevant to them and plan for any changes to the business environment.

To learn more about simplifying compliance management with Vixio’s award-winning regulatory intelligence solutions, visit vixio.com.

Winners will be announced on 14 November 2024 at an awards ceremony in London.

About Vixio Regulatory Intelligence

Vixio is a regulatory technology (RegTech) provider for the ever-evolving payments and gambling industries. Vixio equips the world’s leading brands with actionable regulatory intelligence in 180+ jurisdictions globally. Combining award-winning technology with unparalleled expertise, Vixio’s GamblingCompliance and PaymentsCompliance platforms assist organisations in making strategic decisions, discovering new markets, and minimising compliance risk by taking the heavy lift out of regulatory monitoring. For more information, visit  www.vixio.com  or follow Vixio Regulatory Intelligence on LinkedIn.