In a fast-moving industry like travel and hospitality, speed matters, but so does certainty. Every payment that moves across borders, currencies, and partners carries an invisible layer of complexity: compliance.
At Onyx CenterSource, we process more than $2 billion in B2B payments every year across 160+ countries. That reach comes with responsibility — not just to move money efficiently, but to ensure every transaction meets the highest standards of integrity, transparency, and global regulation.
That’s where our OFAC and sanctions-screening framework comes in.
Understanding the Rules That Keep the System Trusted
Economic sanctions are government-issued restrictions that limit trade or financial activity with specific individuals, entities, or regions. These sanctions — administered in the U.S. by the Office of Foreign Assets Control (OFAC) — are designed to prevent illegal or unethical financial flows.
As a U.S.-based company with global operations, Onyx CenterSource complies fully with OFAC regulations, along with all applicable international sanctions programs in the EU, UK, Canada, Singapore, Australia, and beyond.
This means that payments involving sanctioned countries, individuals, or territories (such as Cuba, Iran, Syria, or the Ukrainian territories of Crimea, Donetsk, and Luhansk) cannot be processed through Onyx systems. In addition, Onyx banking partners compliance expectations require Onyx to block both Russia and Belarus at the country level. Our network of global banking and technology partners also upholds these same standards.
Our compliance philosophy is simple: compliance shouldn’t slow down business; it should strengthen it.
To achieve that, we’ve embedded screening and verification steps directly into our payment processes — ensuring every transaction is both efficient and compliant.
Here’s how it works:
- Partner Screening: Our Know Your Customer (KYC) protocols ensure compliance with evolving security standards, reinforcing trust and protecting your business from potential risks.
- Transaction Screening: Every payment is automatically screened during each process. If additional review is needed, our compliance team intervenes immediately — keeping legitimate payments moving quickly while protecting all parties from risk.
- Advanced Verification: In some cases, we may request additional information — such as business incorporation documentation, corporate structure, or an ID or country of residence — to confirm legitimacy and clear potential matches.
These controls aren’t just safeguards; they’re what give our clients peace of mind that their business relationships are protected from hidden risk.
Experience That Inspires Confidence
Our teams bring decades of experience in anti-money-laundering (AML), counter-terrorist-financing (CTF), and global sanctions oversight. Combined with industry-leading technology, our systems are designed to catch potential blind spots early and clear legitimate payments quickly.
We also subject our compliance programs to independent third-party reviews and financial institution audits. That external validation helps our clients demonstrate due diligence to their own stakeholders — reinforcing trust across the entire payment chain.
In today’s payments landscape, agility and assurance often seem at odds. Many newer providers move fast but lack global regulatory maturity. Onyx takes a different approach.
We’ve invested heavily to ensure that compliance and speed coexist — because one without the other isn’t sustainable. Our framework allows clients to scale confidently, knowing that compliance isn’t an afterthought; it’s a built-in advantage.
Questions That Spark Smarter Conversations
These are the kinds of questions our team often uses to help clients think about compliance as a business advantage:
- “We’ve found that a lot of companies are surprised by how often hidden risks slip through partner screening. How are you approaching that challenge today?”
→ That’s an area where our clients tell us they feel peace of mind with Onyx — our controls are designed to catch those blind spots early. - “Some providers move fast but don’t always have the same level of compliance maturity. How do you balance speed with assurance?”
→ At Onyx, compliance never slows business — it’s built into our process, not bolted on. - “External audits and independent reviews often make a big difference in trust. Is that something you expect from your partners?”
→ Our compliance controls are independently reviewed, giving clients the confidence to demonstrate due diligence upstream.
The Bottom Line
Compliance isn’t the flashiest part of payment innovation, but it’s the foundation that keeps trust flowing. For Onyx, it’s more than a requirement; it’s a reflection of how we do business: transparently, responsibly, and globally.
Because in a world where every transaction tells a story, the most powerful payment is one you can trust.