The IdentityMind Blog

Ensuring Compliant Security Token Sales: Polymath in Paradise

July 19, 2018

Last week, Polymath brought together 40+ individuals from across the blockchain space including developers, KYC experts, securities lawyers, and transfer agents, to the beaches of Barbados with the goal of building a protocol for security tokens. Specifically, Polymath’s goal was to receive feedback on their ST-20 protocol which will serve as a backwards-compatible extension for […]


Read More

ICOs and Virtual Currency Exchanges: A Mid-Year Review

July 9, 2018

We just crossed the halfway point of 2018, and IdentityMind has spoken with over 650 companies conducting ICOs and helped with over 100 ICOs so far, with the total rising to 175 if you include 2017. These range from large utility tokens with over 25,000 contributors needing KYC, to small security tokens with 10 contributors […]


Read More

Respect for Consumer Privacy as a Practice

July 3, 2018

Introduction Between Facebook / Cambridge Analytica and the GDPR enforcement milestone, data privacy has been a hot topic in recent months. Whereas much of the debate historically has been about data protection (e.g. hackers looking to steal your data), now the debate is focused on “how your vendors are using your data”. IdentityMind, since its […]


Read More

Transaction Monitoring for Anti-Money Laundering based on Digital Identities


Regulatory bodies worldwide recommend a risk-based approach to AML for traditional financial organizations as well as FinTechs. A risk-based approach simply means that how you evaluate a transaction is informed by the risk factors associated with such transaction. In the U.S., the Bank Secrecy Act (BSA) advocates a risk-based approach, and internationally, the Financial Action Task Force […]


Read More

Taking Your AML Operations from Wish List to Success

June 22, 2018

You know what you need to do to make your AML program a success. But, the gap between what you know you need and what you can deliver relegates those plans to the wish list. You’ve tried connecting different systems and data sources but find yourself stuck with a limited system that cannot keep up […]


Read More

4 Can’t-Miss Sessions at IMTC USA 2018

June 20, 2018

IdentityMind is proud to be exhibiting at our third International Money Transfer & Cross-Border Payments Conference (IMTC) in San Francisco next week. IMTC brings together remitters, clients, and regulators to discuss innovation, challenges, and opportunities in the industry. The conference does a great job of focusing on Money Service Businesses and their specific needs, which […]


Read More

Launching 2.0 in Mexico City

June 12, 2018

On May 23rd, we launched IdentityMind 2.0 at our Latin American headquarters in Mexico City. At the event, clients including AirTM, Biccos and Bitt shared their business experiences as virtual currency exchanges and FinTech startups. Our partners CipherTrace and Mitek were also on hand to provide their expertise on cryptocurrency compliance and identity verification technology. […]


Read More

IdentityMind 2.0 is Here

June 7, 2018

Five years of of innovation The insights of over 250 clients 40 iterations All of this has led us to IdentityMind 2.0. We’re very proud to be here, launching a new generation of AML transaction monitoring. And, we’re excited to tell you about it. Our compliance and risk management knowledge, marketplace experience, and conversations with […]


Read More

IdentityMind 2.0: How our Clients Helped us Shape Transaction Monitoring

May 25, 2018

Transaction monitoring is the centerpiece of a successful AML compliance program, and is required to meet AML and counter-terrorist financing (CTF) regulations. However, we know that companies have to contend with the high cost of compliance operations, often due to outdated, unreliable compliance systems that hold back potential success. For IdentityMind 2.0, we completely rethought […]


Read More

Trusted Digital Identities and a Common Framework for Proofing, Monitoring and Trusting Identities

May 22, 2018

We have been an innovator in digital identities since 2013, and our core premise has not changed in those five years: the more you know about a user, the easier it is to assess the risk of doing business with them. Our platform gathers information, then applies machine learning and graph analysis to that information […]


Read More