KYT

Cobo Introduces MPC Co-managed Custody Solution for Bitcoin Layer 2 Bridges

Retrieved on: 
Friday, February 16, 2024
MPC, AML, Investment, BRC, Secure multi-party computation, Cobo, Failure, Insurance, KYT, Cryptocurrency

SINGAPORE, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Cobo, a leading provider of digital asset custody solutions, is proud to announce the launch of its innovative MPC co-managed custody solution for Bitcoin Layer 2 bridges. This pioneering solution is designed to address the critical security challenges of funds flowing in and out of Bitcoin Layer 2s (L2s).

Key Points: 
  • SINGAPORE, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Cobo, a leading provider of digital asset custody solutions, is proud to announce the launch of its innovative MPC co-managed custody solution for Bitcoin Layer 2 bridges.
  • This pioneering solution is designed to address the critical security challenges of funds flowing in and out of Bitcoin Layer 2s (L2s).
  • Built on the foundation of Cobo’s cutting-edge Multi-Party Computation (MPC) custody technology, this Bitcoin L2-dedicated custody solution sets a new industry standard with its enhanced security mechanism.
  • Cobo’s MPC custody solution for L2 bridges also offers the flexibility of other configurations, including 3-of-3, 3-of-5, etc, according to the projects’ unique requirements, facilitating the worldwide distribution of private key shares.

Kaizen Gaming Bets on Jumio for Winning Customer Experience

Retrieved on: 
Tuesday, February 6, 2024
Technology, Electronic Games, Casino, Gaming, Entertainment, Security, Software, Biometrics, Health, Data Management, Artificial Intelligence, Multimedia, ICE, Risk assessment, Customer, KYC, KYT, Cryptocurrency

View the full release here: https://www.businesswire.com/news/home/20240205018204/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240205018204/en/
    Jumio has partnered with Kaizen Gaming to streamline its verification processes.
  • “Jumio and Kaizen Gaming have partnered while our company’s expansion project is taking place, and the KYT volumes are rapidly growing,” said Georgios Alexandros Balafoutis, Kaizen Gaming’s Senior Product Manager of Customer Account and Services.
  • Jumio’s industry-leading identity verification solutions are tailor-made for gaming, helping operators like Kaizen Gaming simplify the registration experience, detect online fraud, fight account takeover and meet compliance mandates.
  • “We’re very proud to partner with Kaizen Gaming to help them offer a more streamlined, safe and automated KYC and KYT experience to their global customer base,” said Emeka Ezeyi, Jumio’s Global Head of Gaming.

iPeakoin partners with OKLink: Pioneering on-chain AML for traditional industries in emerging markets

Retrieved on: 
Friday, January 12, 2024
KYC, Advertising, Trust, Fintech, Web3, Partnership, AI, Blockchain, KYA, Risk management, KYT, Head, Anomaly, AML, Data, Education, Hacking, Growth, Cryptocurrency

iPeakoin, a forward-thinking fintech startup catering to businesses in emerging markets, has recently announced its strategic partnership with OKLink to bolster its on-chain Anti-Money Laundering (AML) and Know Your Customer (KYC) capabilities.

Key Points: 
  • iPeakoin, a forward-thinking fintech startup catering to businesses in emerging markets, has recently announced its strategic partnership with OKLink to bolster its on-chain Anti-Money Laundering (AML) and Know Your Customer (KYC) capabilities.
  • This collaboration marks a significant milestone for the fintech and cryptocurrency sectors, because this on-chain AML solution is now being used by hundreds of companies in traditional industries.
  • These advancements are poised to facilitate iPeakoin in establishing global connections between traditional finance and digital currency trading.
  • As both companies work together, they aim to set new standards for AML and KYC in the fintech and crypto industries, particularly focusing on the needs and challenges of emerging markets.

Sumsub Named Leader in Multiple G2 Winter Reports

Retrieved on: 
Monday, January 8, 2024
Gambling, Age verification system, Computer, Address, KYC, KYB, Frost, Account verification, KYT, High, Machine learning, Enterprise, AML, Biometrics, Algorithm, Cryptocurrency

LONDON, Jan. 8, 2024 /PRNewswire/ -- Sumsub has once again proven its leadership in global verification, AML and fraud prevention software, as it was listed in 45 G2 Reports across categories including Identity Verification, Fraud Detection, Anti Money Laundering, Address and Age Verification, Biometric Authentication and E-commerce Fraud Protection. Sumsub has been named a High Performer three times and a Leader ten times, earning overall 14 badges for G2 Winter 2024.

Key Points: 
  • Sumsub has been named a High Performer three times and a Leader ten times, earning overall 14 badges for G2 Winter 2024.
  • It is a remarkable milestone for Sumsub to be named a Leader in 10 market categories, all based on verified customer reviews.
  • Notably, only 3% of software products and services listed on G2 this winter received a Leader badge.
  • G2's Winter Reports add to a wide bench of recognitions for Sumsub.

Violet Launches Permissionless Compliance Network

Retrieved on: 
Wednesday, November 22, 2023
Heart, Growth, Inflection, KYT, Privacy, AML, KYC, Cryptocurrency

Violet makes on-chain finance available to anyone by launching a comprehensive Compliance as a Service offering

Key Points: 
  • Berlin, Germany--(Newsfile Corp. - November 22, 2023) - Today, Violet launches its permissionless Compliance as a Service suite.
  • Permissionless compliance allows any builder to access Violet as a public infrastructure service without paying fees.
  • Markus Maier, co-founder at Violet, explains: "Lawmakers have made it clear that compliance in crypto is no longer optional.
  • Philipp Banhardt adds: "With Violet we intend to grow the largest compliance network in crypto, evolving trust on-chain to enable the next phase of growth for on-chain finance.

The 13th Golden Bauhinia Award was announced in Hong Kong，OKG Becomes the First Web3 Enterprise to Win the Award

Retrieved on: 
Friday, December 15, 2023
TB, KYA, Motherboard, Economic development, Crime, Blockchain, Risk, Trust, University, Golden Bauhinia Awards, Government, OpenAPI, Regulatory technology, KYT, AI, Fraud, Stock exchange, Policy, AML, Development, Security (finance), OKG, Cryptocurrency

OKG Technology Holdings Limited (1499.HK), a listed company on the Hong Kong Stock Exchange, was awarded the "Most Influential Listed Company in Brand" prize, making it the first Web3 enterprise to receive the Golden Bauhinia Award.

Key Points: 
  • OKG Technology Holdings Limited (1499.HK), a listed company on the Hong Kong Stock Exchange, was awarded the "Most Influential Listed Company in Brand" prize, making it the first Web3 enterprise to receive the Golden Bauhinia Award.
  • This year's Golden Bauhinia Awards began to pay attention to the Web3 industry, and OKG, with its outstanding strength.
  • "We are very honored to be the representative Web3 enterprise to receive the Golden Bauhinia Award, which is an affirmation of the company's past business and products."
  • Web3 is an important field for the future development of financial technology in Hong Kong.

CoinW Navigates Crypto Excellence Amid 6-Year Celebration - $1M Rewards Set to Empower the Community

Retrieved on: 
Wednesday, December 6, 2023
KYA, Ecosystem, Partnership, USDT, Decentralized finance, KYT, Launch pad, Worldwide, Commitment, Cryptocurrency

The past year has seen this 6-year-old exchange navigate towards crypto excellence through Commitment, Opportunity, Innovation, Navigability, and Worldwide connectivity, shaping today's CoinW.

Key Points: 
  • The past year has seen this 6-year-old exchange navigate towards crypto excellence through Commitment, Opportunity, Innovation, Navigability, and Worldwide connectivity, shaping today's CoinW.
  • Dedicated to user success and platform security, CoinW has achieved significant milestones in security and compliance this year..
  • As CoinW navigates the crypto landscape, the path forward lies not in the privilege of the few but in mass adoption.
  • By daring to broaden our vision towards crypto excellence and connecting crypto enthusiasts from every corner of the world, CoinW aims for shared success.

CoinW and OKLink Forge Strategic Partnership to Set New Industry Standards in Crypto Security

Retrieved on: 
Friday, December 1, 2023
KYA, Partnership, Blockchain, Partner, VASP, MPC, KYT, Risk management, AML, Cryptocurrency

This collaboration is rooted in the shared commitment to enhance user security, transparency, and compliance in the ever-evolving crypto landscape.

Key Points: 
  • This collaboration is rooted in the shared commitment to enhance user security, transparency, and compliance in the ever-evolving crypto landscape.
  • CoinW has recently completed a significant security upgrade, integrating Know Your Address (KYA) into its platform.
  • The integration of KYA complements the existing Know Your Transaction (KYT) system, solidifying CoinW's position as the secure crypto exchange.
  • CoinW and OKLink are excited to embark on this journey, bringing enhanced security measures and compliance standards to the forefront of the crypto space.

CoinW Enhances Security with KYA Integration

Retrieved on: 
Wednesday, November 29, 2023
KYA, Blockchain, USDT, VASP, MPC, KYT, Safety, Risk management, AML, Knowledge, Cryptocurrency

UAE,DUBAI, Nov. 29, 2023 (GLOBE NEWSWIRE) -- CoinW, a leading cryptocurrency exchange, has recently completed a security upgrade for its platform.

Key Points: 
  • UAE,DUBAI, Nov. 29, 2023 (GLOBE NEWSWIRE) -- CoinW, a leading cryptocurrency exchange, has recently completed a security upgrade for its platform.
  • Building upon the existing Know Your Transaction (KYT) system, CoinW has integrated Know Your Address (KYA), aiming to elevate the security to new heights.
  • The recent upgrade involves the integration of KYA into CoinW, a move aims to enhance security measures.
  • This integration aims to enhence CoinW's security solution, providing a comprehensive solution to safeguard user assets.

Shaping the Future of Compliance in Digital Assets

Retrieved on: 
Thursday, December 14, 2023
Risk management, Risk assessment, DLT, Documentation, KYC, Partnership, Software as a service, AML, KYT, Jaybee Sebastian, Fintech, Cryptocurrency

MarketGuard, offering innovative crypto compliance solutions, aimed to upgrade its SaaS platform to address the rapidly changing digital currency landscape.

Key Points: 
  • MarketGuard, offering innovative crypto compliance solutions, aimed to upgrade its SaaS platform to address the rapidly changing digital currency landscape.
  • JayBee, a Swiss company specialised in compliance, regulation, and risk management with a strong focus on DLT & FinTech, emerged as the perfect strategic partner.
  • We're not just adapting to the digital currency landscape; we're leading the way towards a safer, more compliant financial future."
  • MarketGuard and JayBee are actively shaping the future of compliance in digital currencies, promising ongoing innovation and setting new benchmarks in crypto compliance.