This blog post was originally posted on December 5, 2018, and updated extensively on 3/27/2019. US Exchanges Banned from Interacting with Specific Bitcoin Addresses The US Government has been monitoring cryptocurrencies for several years. In March 2013, FinCEN’s...read more
"The partnership between Binance and IdentityMind further strengthens our compliance capabilities and our commitment to re-invest in the blockchain ecosystem and grow it, said Samuel Lim, Chief Compliance Officer of Binance. We continue to evolve and enhance security...read more
It’s no secret that in today’s constantly changing regulatory environment staying on top of current requirements and knowing exactly who you are dealing with at the end of each transaction is key. Key to fighting fraud, avoiding findings, fines from...read more
Tokeny’s investorID Standard Simplifies KYC and AML Compliance in 'Tokenized Securities’ IdentityMind, digital identities you can trust, has partnered with investorID, a decentralized application allowing investors to generate their on-chain identity to access and...read more
IdentityMind Awarded New Patent on Using the Digital Identity Graph to Uncover Risk in Digital Transactions
The IdentityMind Platform Accurately Evaluates Financial Transaction Risk By Applying Supervised Machine Learning to Its Identity Graph IdentityMind, Digital Identities you Can Trust, announced today that the U.S. Patent and Trademark Office (USPTO) has granted...read more
FinTech nanopay Selects IdentityMind to Fight Fraud and Manage AML Regulatory Compliance Operations IdentityMind, Digital Identities You Can Trust, announced today that nanopay, a Toronto-based payments technology company offering domestic and cross-border...read more
Marketplace Risk Conference
May 21-22, 2019
IdentityMind supports your AML and fraud prevention needs across a range of solutions covering Know Your Customer (KYC), sanctions screening, anti-money laundering (AML) transaction monitoring, and chargeback detection. We help you ensure regulatory compliance and protect against fraud losses with our digital identities, providing the most complete picture of a customer’s risk.
Instead of analyzing entities and attributes of a transaction in isolation, IdentityMind builds and verifies identities and draws correlations with other entities and attributes such as shared physical and email addresses. We focus on answering four questions:
1) Is This a Real User?
2) Is the User Authorized to Use This Information?
3) Can I Do Business With This User?
4) What Is the Brand Risk of Doing Business With This User?
With IdentityMind you can easily employ a risk-based approach, which is favored by regulators, and benefit from a user-focused process that reduces alert fatigue and speeds analysis. IdentityMind helps you automate risk and compliance functions by reducing the volume of alerts and improving remaining alerts, to facilitate meaningful investigations. The net effect is operational efficiency without compromising the financial safety of you or your customers.