Sumsub, a verification platform, has partnered with
Chainalysis to provide businesses with a solution for Know Your Customer (KYC),
Anti-Money Laundering (AML), and transaction monitoring. According to the press release, Sumsub’s integration
of the blockchain analysis firm aims to give users automated transaction
monitoring, enhanced fraud detection, and access to a unified dashboard.
Jacob Sever, the Co-Founder and Chief Innovation
Officer at Sumsub, mentioned: “Sumsub’s solution-enhanced capabilities,
integrated with Chainalysis’ analytics and key management model, are reshaping
the landscape of crypto compliance and security in the digital realm.”
“Through this integration, businesses can align
with stringent global AML and KYC regulations, fostering trust and confidence
in crypto transactions.”
According to Sumsub, businesses can access tools to
ensure compliance and combat fraud using the new platform. Besides that, crypto
users can benefit as regulations continue to evolve.
Sumsub Targets Crypto Businesses
Ian Andrews, the Chief Marketing Officer at
Chainalysis, mentioned: “Partnering with Sumsub, a leading identity
verification and fraud prevention platform, is another step for us towards
bringing greater trust and transparency into the crypto world.”
“By developing an integration between Sumsub’s
platform and our crypto risk solution, we’re providing next-generation digital
infrastructure for security and compliance controls in the crypto
industry.”
Expect ongoing updates as this story
Sumsub, a verification platform, has partnered with
Chainalysis to provide businesses with a solution for Know Your Customer (KYC),
Anti-Money Laundering (AML), and transaction monitoring. According to the press release, Sumsub’s integration
of the blockchain analysis firm aims to give users automated transaction
monitoring, enhanced fraud detection, and access to a unified dashboard.
Jacob Sever, the Co-Founder and Chief Innovation
Officer at Sumsub, mentioned: “Sumsub’s solution-enhanced capabilities,
integrated with Chainalysis’ analytics and key management model, are reshaping
the landscape of crypto compliance and security in the digital realm.”
“Through this integration, businesses can align
with stringent global AML and KYC regulations, fostering trust and confidence
in crypto transactions.”
According to Sumsub, businesses can access tools to
ensure compliance and combat fraud using the new platform. Besides that, crypto
users can benefit as…
