You are a compliance officer for a bank that provides services to a third-party payment processor. The processor facilitates credit card payments for online and physical retail stores located within your own country.

You conducted enhanced due diligence on the client when the account was originally opened two years ago. Since then, periodic reviews have noted no changes in the client s operations ownership structure or other information.

Recently regulators in your country have issued penalties against other banks that had insufficient AML controls and monitoring on accounts held by payment processors Concerned, your legal department has asked you to review the client's risk status.

Which is the primary reason for your conclusion that the customer relationship is higher risk?