What is a Periodic Risk Review?

As a financial institution, Adyen is obliged to comply with international regulations. This includes performing periodic reviews to ensure we have our customers’ most up-to-date legal entity and ownership information on file.

The Periodic Risk Review allows the Customer Risk Review team (CRR) to review the KYC Data collected during the onboarding process and lets our merchants update their data. In short, performing Periodic Risk Reviews is necessary for Adyen to remain compliant with international financial regulations and mitigate the risks inherent to any financial activity.