Tool profile
Kani Payments: cost, fit and limits
Kani Payments is a SaaS platform for payments and fintech firms that automates reconciliation, safeguarding returns under the FCA's CASS 15 regime and Mastercard and Visa scheme reports. It is based in Newcastle upon Tyne and sells to issuers, acquirers, processors and similar businesses.
What to know first
Kani Payments does one narrow job well enough to be listed: it reconciles transaction, settlement, safeguarding and card network data for payments companies and produces regulatory outputs. The home page names five products and states ISO 27001 and SOC 2 certification and pre-integration with 30 processors. It names no AI feature and shows no plan prices. Check the fit with your regulator's current rules before you start a trial.
Kani Payments at a glance
| Maker | Kani Payments, United Kingdom |
|---|---|
| Free plan | No |
| Entry price | Quote only |
| API access | No |
| Category | Best AI Financial Close Software in 2026, rank 10 of 10 |
| Website | kanipayments.com |
Who Kani Payments is best for
UK e-money and payment institutions
Daily safeguarding reconciliation and monthly return outputs are aligned to the FCA's CASS 15 regime. Your compliance lead should confirm which returns apply to your firm and how often they are due.
Card issuers and acquirers
Mastercard QMR and Visa GOC reports come with validation checks and audit trails. Validation checks before submission cut rework when a scheme asks about an inconsistency in your figures.
Processors with many sources
The platform is pre-integrated with 30 major payment processors and includes a flexible data importer. Ask whether your own processors are on the list before you plan an implementation timeline.
Compliance teams
Pre-built and bespoke regulatory, financial and card scheme reports are listed under Report. A regulator request can then be answered from one reporting layer instead of several spreadsheets.
Kani Payments plans and pricing
| Plan | Price | What it includes |
|---|---|---|
| Reconcile | Modular, quote | Automated matching across transaction, settlement, safeguarding, card network and cross-border data. Ask for a quote that lists processors, volumes and the number of safeguarding accounts. |
| Report | Modular, quote | Pre-built templates plus bespoke regulatory, financial and card scheme reports. Ask which templates are included and whether bespoke reports are priced separately by the hour. |
| Analyse | Modular, quote | Forecasting, segmentation, risk profiling and drill-down analysis. Ask whether analytics is sold as an add-on, and what data history it covers. |
| QMR and GOC reports | Modular, quote | Mastercard and Visa scheme reports with validation checks and audit trails. Ask how often the reports are refreshed, and who reviews them before they go to the scheme. |
Checked November 2026.
What Kani Payments does
- Safeguarding reconciliation
- Daily reconciliation and monthly return outputs follow the FCA's CASS 15 regime. Your compliance lead should map the outputs to what your firm files, and ask which parts are still manual.
- Scheme reports
- Quarterly Mastercard and Visa reports include validation checks and audit trails. Audit trails matter when a scheme challenges a figure, so ask how long they are kept after cancellation.
- Processor integration
- Thirty major payment processors are pre-integrated, and a data importer takes other formats. Ask whether your acquirers and settlement banks are covered, and how long a new feed takes to connect.
- Analytics and BI
- Forecasting, segmentation and drill-down analysis sit on top of the reconciled data. Ask which reports ship by default and which require configuration by the Kani team.
- Reporting templates
- Prebuilt templates reduce the time to produce regulatory returns. Ask for a list of the templates and which regulators and schemes each one maps to.
How Kani Payments handles your data
Kani Payments states on its home page that it is certified for ISO 27001 and SOC 2. Its privacy policy, last updated March 2020, lists the Newcastle address, says data is processed at the owner's offices and wherever involved parties are located, and uses Google Analytics for site use. It does not address AI, although the consent banner mentions AI use. Retention is as long as needed for the purpose, with contract data kept until performance is complete. No hosting region or AI training rule is stated, so the vendor's policy was not checked for those points.
Where Kani Payments falls short in practice
- Narrow scope. Kani targets payments companies. A manufacturer or software firm needing a month-end checklist will find no close tool here. Ask the vendor for the modules relevant to your business model, and whether non-payments reconciliation is on the roadmap.
- No AI named. The pages mention automated checks and analytics but no AI feature, so it does not compete on AI. Do not expect machine learning triage of breaks, and ask the vendor what roadmap it has for AI.
- Old policy. The privacy policy is dated March 2020, so check current terms and ask about processors. Ask for the current privacy terms, the processor list and the retention schedule for customer data.
Works with
Alternatives to Kani Payments
Kani Payments: common questions
What is CASS 15 safeguarding?
The Kani page describes daily reconciliation and monthly return outputs aligned to the FCA's CASS 15 regime for safeguarding customer funds. Confirm with your compliance lead which returns your firm must file. Confirm with your compliance lead which returns your firm must file and how often they are due.
Which certifications does Kani Payments claim?
The home page says it is certified for ISO 27001 and SOC 2. Request the certificate and the current SOC report with scope. Request the certificate and the current SOC report with its scope, dates and any exceptions noted. Both are vendor statements.
Does Kani Payments use AI?
The pages we read name no AI feature. They mention automated checks and analytics tools, and the consent banner lists AI use but the policy does not address it. Ask the vendor in writing what automation exists and whether any model learns from your data.
How many processors does Kani connect to?
The page says it is pre-integrated with 30 major payment processors and has a flexible data importer for other sources and formats. Ask whether your processors are on the list. Ask which processors are covered, and how long a new feed takes to connect.
Can Kani replace a month-end close tool?
No. It reconciles payments data and produces regulatory and scheme reports. A broader close with checklists and journals needs another product alongside it. Ask whether the vendor integrates with a general ledger or a close tool, so reconciled figures can flow onward.