Clara

In Development

AI Compliance Officer Assistant

Expected availability: Q3 2026 · Designed for small and medium-sized MSBs

Clara is an AI-powered compliance officer assistant designed for Money Services Businesses. She works alongside your compliance officer — organizing documents, tracking deadlines, analyzing transactions, and ensuring nothing falls through the cracks.

Clara is not the compliance officer. Your compliance officer retains full responsibility and accountability. Clara is the assistant that makes their job dramatically more efficient and thorough.

What Clara Does

Organizes and validates your compliance documentation — audit-ready, every day

Tracks every regulatory deadline — renewals, filings, quarterly reports, annual audits

Sends reminders via email and SMS before deadlines approach

Analyzes transactional data for patterns that require attention

Performs gap analysis against regulatory requirements specific to your business

Answers compliance questions with answers traced to the exact statute

Monitors for regulatory changes and updates your compliance requirements accordingly

How Clara Works

Clara's compliance framework is built from your license type, business model, and the specific statutes that govern your operations. A check casher in Florida gets a different compliance map than a money transmitter — because the law treats them differently.

Business-Specific Configuration

Clara is configured for your exact business model — check casher, money transmitter, currency exchanger, payment instrument seller, or deferred presentment provider. Different businesses have different requirements, and Clara knows the difference.

Document Management

Clients upload documents through a secure portal or shared folder. Clara organizes, categorizes, and validates them against regulatory requirements. Missing documents are flagged immediately.

Deadline Intelligence

Every deadline is calculated from your license dates, fiscal year, and business type. Approaching deadlines get escalated automatically — 90 days, 30 days, 7 days — with the compliance officer notified at each stage.

Regulatory Updates

When regulation changes, Clara's compliance framework updates to reflect the new requirements. Your compliance posture stays current without manual intervention.

Integrated with ProgramForce

Clara reads the controls and requirements defined in your ProgramForce compliance program and acts on them directly. When ProgramForce publishes an updated version of your program — whether due to a regulatory change or a business update — Clara implements those changes immediately. Your compliance assistant and your compliance program are always in sync.

Who Clara Is For

Check cashers operating under state and federal regulation

Money transmitters managing complex multi-requirement compliance

Foreign currency exchangers with reporting obligations

Payment instrument sellers tracking security and net worth requirements

Deferred presentment providers with database and fee compliance

Privacy & Data Isolation

Your compliance data is private and accessible only to your organization. Clara enforces strict access controls and data separation as part of its core architecture.

Interested in Clara for your business?