Product Co-Creation
The availability and accessibility of our managers and advisors allows us to help you translate regulatory mandates into plain, accessible language and coach and collaborate with you to explore new use cases and expansion.
BSA/AML Oversight
Our robust implementation process ensures we you up for success and compliance. We remain current with and research enforcement actions in the industry to ensure Sunrise Banks is staying up to par with regulator expectations, maintain a positive relationship with our OCC regulators and are equipped to appropriately monitor a large number of transactions and alerts while maintaining top-notch quality.
Program Review
Our program review includes robust coverage of all risk areas:
- Reputational
- Strategic
- Operational Financial
- Transactional
- Contract
- Compliance
- Complete document submissions and reviews.
Operations
Our Traction Team of subject matter experts across Compliance, BSA, IS and Operations responsible for onboarding fintech products and facilitates the following services:
- Settlement/Reconciliation: Experienced reconcilers who provide daily oversight of daily customer and transaction information against program funds movement
- Dedicated Client Relations: Responsible for the day-to day management of the fintech relationship
- Monthly Invoicing: Including voice creation, billing backup detail and funds movement based on the terms of the agreement.
Security
Sunrise Banks holds the following certifications:
- 2022 SOC I and SOC II
- PCI
- Data transmission and storage
- Secure SFTP site for sending/receiving files
- File exchange via SSH uploads. We can accept data in a variety of file formats.
Our strategic development roadmap includes API development.
CIP/KYC Process
Sunrise Banks provides guidance for policies and procedures for Know Your Customer (KYC) along with a dedicated program manager responsible for KYC to conduct policy review and process oversight.
Approved Vendors:
- Lexus Nexus
- IDeology
- Socure
- Project Manager can bring their own vendor that the Bank will test, review and onboard