Bits Technology is excited to announce that Brite Payments, a fast-growing European payments provider renowned for its instant bank payments and customer-first approach, will leverage our full-stack compliance infrastructure to enhance its onboarding, automate ongoing due diligence, and ensure scalable, regulator-ready operations across its platform.

Turning Compliance Into a Competitive Advantage and Growth Driver

Operating in a highly regulated environment, Brite recognizes that robust AML controls and seamless onboarding are not just about meeting compliance requirements, they’re essential to delivering superior customer experiences. Bits Technology is providing a unified platform that transforms compliance from a necessary function into a growth accelerator by delivering:

• Faster account activation through configurable, no-code onboarding flows

• Smarter approvals driven by real-time, risk-based profiling and enhanced due diligence

• Effortless ongoing due diligence with proactive monitoring and alerting

• Integrated case management and full audit trails that boost operational efficiency at scale

“Brite is committed to building trust and transparency in instant payments. With Bits, Brite isn’t just checking compliance boxes, they’re turning compliance into a driver of growth. A faster onboarding experience, stronger fraud defenses, and scalable internal controls all contribute to their ability to expand faster and more confidently across markets.”

said Fredrik Eriksson, Chief Commercial Officer and Co-Founder at Bits Technology.

A Scalable Compliance Infrastructure That Fuels Expansion

As Brite continues its rapid European expansion, Bits Technology’s modular platform ensures they’re not only protected, but positioned to grow. Through automation and centralized controls, Brite can:

• Reduce onboarding friction to convert more customers, faster

• Cut false positives to focus teams on real risk and deliver better experiences

• Accelerate product rollout across new regions without adding operational overhead

• Strengthen regulator confidence with full transparency, traceability, and consistency

“We are deeply committed to providing our customers with a secure and compliant payment solution. It’s important to us to not only stay ahead of regulation, but to leverage compliance to grow smarter, operate faster, and to continue to deliver value to our customers.”

said Maja Chainska, Head of AML & Compliance Operations at Brite.

About Bits Technology

Bits Technology provides a modular compliance automation platform for regulated financial institutions. From onboarding to enhanced due diligence and transaction monitoring, Bits equips businesses with the tools to scale faster, reduce risk, and deliver seamless customer journeys - all while staying fully audit-ready.

Learn more at www.bits.bi