Tag Archives: know your customer

The Bit Fury Group and FICO have entered a partnership that will develop new risk assessment solutions for monetary systems.FICO Is at the Head of the Crypto GameThe plan is to assist all traditional banks and standard financial institutions that are looking to offer crypto-based services or products to assess the risks associated with providing said items to customers. This represents a huge change in attitude for banks, who for a long time, wanted to stay as far away from crypto not...

Blockchain analysis company Chainalysis is expanding its horizons and building a string of partnerships to ensure cryptocurrency exchanges continue to integrate know your customer [KYC] protocols and do what they must to ensure data remains safe.Chainalysis Is Getting a Major BoostAmong the tactics Chainalysis is utilizing to ensure companies remain in compliance include simpler integrations and by working with distribution partners across newer and broader markets. The company is also...