Corlytics, a market leader in intelligent regulations and regulatory compliance, has been honored with the prestigious 'Most Impactful Payments Industry Innovation' award at the APAC Payments Excellence Awards 2023. 

This is the second payments award that Corlytics has received. It holds special significance for the company as it gears up for a venture into Asia in 2024 and demonstrates its commitment to innovation in the industry. The panel of judges which included prominent payments experts and thought leaders in the area were led by Linda Stanojevic, Managing Director for the programme and Chief Strategy and Marketing Officer at Emerging Payments Association Asia. 

"We are honored to receive the 'Most Impactful Payments Industry Innovation' award at the APAC Payments Excellence Awards 2023. This achievement underscores the dedication of our team to drive transformative change in the payments landscape. Winning this award not only validates our dedication but also positions Corlytics as a key player in the region's dynamic payments sector.  We are grateful to Enterprise Ireland for all the support that has been instrumental for the company in building our network and finding opportunities in this dynamic market, and we look forward to expanding our presence in 2024. This recognition in fact serves as a catalyst for our journey," Elaine Mullan, Head of Marketing and Business Development at Corlytics commented. 

The payments sector in the Asia-Pacific (APAC) region operates within a highly challenging regulatory environment. It faces a dynamic regulatory landscape that demands adaptability, continuous monitoring of regulatory changes, and a strong commitment to compliance. Corlytics has already made successful steps in the APAC region establishing a presence and starting collaborations with several payments clients. By providing dynamic regulatory analytics, the company enables businesses working in this region with a very complex regulatory environment to effectively address their obligations.

To recall, Corlytics now serves 14 of the Top 50 global banks, as well as leading insurers/re-insurers, payment providers and investment managers. Plugged directly into international regulators, it is the only one-stop-shop solution that enables clients to align with, and stay ahead of, regulatory demands.