Automate verification to fight fraud and meet rapidly evolving compliance requirements
While the world of cryptocurrency and its regulation continues to evolve, you can count on our automated onboarding solutions to keep your business compliant, help reduce fraud and ensure your customers are using your services as soon as possible.
Customers demand instant access for real-time trading. Marketplaces and exchanges need robust KYC and customer due diligence to deter fraudsters, reassure customers and satisfy AML requirements. For many crypto businesses, this has resulted in lengthy verification processes at the cost of increased time-to-trade and high abandonment rates.
We empower crypto businesses around the world to streamline their onboarding journeys by automating verification, reducing drop-offs and enabling customers to start trading in seconds. Our machine learning and AI-driven solutions help you add layers of trust with dynamic tiered verification (including step-up) and advanced transaction monitoring.
To further help solve these complexities and simplify crypto risk management, IDology has partnered with Chainalysis, a global leader in blockchain analysis. Our combined offering provides a complete, integrated suite of tools to streamline workflows and provide seamless visibility into hidden fiat and crypto risks— ensuring that your team has a proven, purpose-built foundation in place to safely engage with cryptocurrency and quickly flag any questionable transactions.
How we help
Onboard more customers and avoid regulatory fines
Verify more identities with a layered approach using data, documents, biometrics and other risk signals to flag risky applicants and remove unnecessary friction for trusted ones— all while complying with KYC regulations.
Monitor risk continuously and protect your brand
Monitor identities, reputations and transactions on an ongoing basis to detect and manage risk profiles that change over time.
Simplify case management and investigations
Investigate alerts, applications, or transactions with a centralized case management workspace that’s optimized to investigate financial crime and automates tasks like the filing of suspicious activity reports (SARs).
Rapidly adapt to changing regulations
Adapt to changing standards and compliance needs in the markets you service without having to constantly re-engineer your processes, and easily meet industry regulations when entering new markets globally.
eBook: NFTs & the Threat of Rising Fraud
Criminals continue to actively exploit cryptocurrency and NFTs for financial gain, whether it’s through crypto scams, phishing attacks or money laundering through digital wallets. Download the NFTs & the Threat of Rising Fraud eBook now to learn about NFT exploitation by criminals and why a complete end-to-end identity platform with automated KYC is essential.
Testimonial
In a matter of seconds, we perform the appropriate KYC check to verify name, date of birth and address. At the same time, we’re also able to perform additional AML checks such as PEPs & Sanctions. This is all done via one API which makes it a perfect partnership for me and my team."