Silvan Andermatt’s Post

🔒 Revolutionizing Compliance in Blockchain with Cutting-Edge Technology DMG Blockchain Solutions recently secured a US Patent (No. 12,067,572) for Cryptographic Taint Tracking, showcasing the industry's growing focus on regulatory compliance and fraud prevention. But the real question is: How are YOU staying ahead in compliance? 🏅 At The KYB, we lead the way by offering unmatched compliance solutions tailored for blockchain, fintech, and e-commerce industries: ✔️ Real-Time Business Verification across 250+ jurisdictions and 300M+ companies ✔️ Automated AML Compliance to detect and flag high-risk entities instantly ✔️ Perpetual KYB to ensure continuous monitoring and compliance readiness ✔️ Seamless API Integration for scalable and efficient onboarding In an era where compliance determines credibility, The KYB is the dominant force driving trust and security in the digital economy. Don’t settle for less – partner with the global compliance leader. Let us help your business stay compliant, competitive, and ahead of the curve. #TheKYB #ComplianceLeader #Blockchain #AML #Fintech David Dolhomut Pankaj T. Helen Sharron Pollard

Ensuring the safety of digital transactions is paramount in today's cryptocurrency landscape. AI is key in building a robust compliance framework, enabling real-time monitoring, securing smart contracts, automating KYC, detecting market manipulation, and ensuring AML compliance. By integrating AI, organizations can safeguard the blockchain, ensuring trust and transparency in every transaction. Jun Du Gong Cheng Dennis Wu the parallels between our previous successes and the current challenge of training and finding that needle in the haystack is truly remarkable. #Blockchain #AI #Compliance #Cryptocurrency #DigitalSecurity #Fintech #Trust #alwayslearning #stayinquisitive

🚀 Beyond Digital Assets: Understanding compliance risks & considerations of Tokenisation 🛡️ The financial industry undergoes transformation with blockchain integration. Tokenisation empowers FIs, enhancing operational efficiency & compliance monitoring for AML/CTF, Sanctions, & client rules. Tokenisation creates digital assets on a blockchain, promising liquidity, traceability, & compliance programmability. 🔍 Regulatory bodies globally launch pilot programs, fostering new financial markets. Yet, tokenisation brings new risks, requiring diligent risk management. Understanding regulatory obligations is crucial. 🌍 Tokenisation emerges as a pivotal tool for FIs, elevating operational & compliance capabilities, shaping the digital financial landscape. This guide navigates FIs through tokenisation's dynamic terrain, offering crucial insights & strategies for compliance success. 📈 #Tokenisation #Blockchain #Compliance #FinancialIndustry #DigitalAssets #RegulatoryCompliance #RiskManagement #Fintech #FinancialMarkets

Blockchain & AML: A Transparent Solution to Fight Financial Crime? Unlike traditional systems, where tracking illicit transactions can be challenging, blockchain’s public ledger offers a clear, unalterable record of every transaction. Here’s why this matters: 1️⃣ Increased Traceability: Every transaction on the blockchain is recorded and can be traced back to its origin, making it much harder for bad actors to hide funds. 2️⃣ Real-Time Monitoring: Blockchain enables quicker, real-time detection of suspicious activity, empowering compliance teams to act fast. 3️⃣ Enhanced Collaboration: The open nature of blockchain means AML professionals can work together across jurisdictions more effectively to monitor and prevent illicit activity. Blockchain’s transparency isn’t just a feature—it’s an asset in building a safer, more compliant financial system. #Blockchain #AML #Compliance #FinancialCrime #CryptoTransparency 4o

Continuing last week’s momentum at ACAMS - The Assembly Fintech & Crypto conference in sunny Austin Tx! Looking forward to the many different sessions and mini workshops, starting with: 🔅Regulatory Roundtable: Insights on the Current FinTech and Crypto Regulatory Landscape 🔅Binance.US: A Compliance Chief’s Lessons Learned 🔅Roadblocks on the Blockchain: Overcoming Transaction Monitoring Challenges 🔅The Buck Stops … Where? Risk Management of BaaS Partners If you’re attending, let’s connect! #acams #aml #fraud #sanctions #fintech #crypto #digitaltransformation #wearewolf #acamsassembly

🔥We’re thrilled to see Zodia Custody, a member of the association, highlight the role of #ERC3643 in the tokenization of real-world assets in their latest article. This innovation is paving the way for a more secure and compliant future in digital asset custody. In the article, Zodia emphasizes how ERC-3643 allow financial institutions to seamlessly integrate compliance controls directly into tokens. By embedding anti-money laundering (#AML), know-your-customer (#KYC), and risk management protocols into token transactions, institutions can ensure the highest levels of security and transparency while automating these essential checks. Tokenization is transforming how we view and manage assets. With ERC-3643, institutions can confidently adopt blockchain technology, knowing they are meeting regulatory requirements without sacrificing privacy or security. 👉 Read the full article here: https://bit.ly/4geJOWN #Tokenization #Compliance #RWA #Custody

Effortlessly create AML and compliance reports through the use of bitsCrunch, a powerful tool that helps ensure adherence to regulatory standards and verifies the authenticity of transactions. With #bitsCrunch, you can streamline the process of generating these essential reports, giving you peace of mind that your business operations are in compliance with regulations and that your transactions are legitimate. Trust #bitsCrunch to simplify and enhance your AML and compliance reporting tasks, so you can focus on other important aspects of your business. #decentralized #NFTs #Crypto #blockchain 🔹bitsCrunch.com

Coin #tracking and #tracing for Anti-Money Laundering (#AML) involves monitoring #cryptocurrency transactions to #detect and #prevent illicit activities. This process uses #blockchain analytics #tools to trace the flow of coins through various addresses, helping to identify #suspicious patterns linked to money laundering or other #financialcrimes. Challenges include the #pseudonymous nature of cryptocurrencies, which #complicates identifying individuals behind transactions. Moreover, evolving #technologies and #techniques used by criminals to #obfuscate transactions, such as #mixing services and #privacy coins, pose significant obstacles. Effective AML measures require continuous #adaptation and #sophisticatedtechnology to stay ahead of evolving #illicitpractices. #FI #NBFI #VARA #SCA #CBUAE #DFSA #FSRA #EOCN #UAEFATF #Riskmitigation #Techadvancement #Advancedtypologies #CFT #WMD #Financialengineering

What an exciting panel! I’m confident that Latvia is on its way to becoming one of the world's leading crypto hubs. Congratulations to all the panellists! 🎉 At the Baltic Compliance Association, we're ready to support this growth by providing top-tier expertise in AML and security audits and assisting with all licensing-related AML matters. Let’s work together to build a compliant and secure crypto future! #CryptoHub #LatviaCrypto #AMLCompliance #SecurityAudits #CryptoRegulation #LicensingSupport #BalticCompliance #Fintech #Blockchain #CryptoExperts #RegulatoryCompliance #FinancialSecurity #AMLExperts #CryptoGrowth #ComplianceMatters

Ordinary transaction monitoring typically involves #tracking financial transactions within traditional #bankingsystems to detect suspicious activities, using #established patterns and #regulatoryframeworks. In contrast, #cryptoassets transaction monitoring #addresses the unique #challenges of #blockchain technology, such as #pseudonymity and #decentralized networks. Crypto monitoring systems must handle #complex, #global, and often #anonymous transactions, employing advanced #algorithms and #machinelearning to identify #illicit activities like money laundering and fraud. Unlike traditional systems, crypto monitoring requires #real-time analysis of blockchain data and #adaptation to the rapidly evolving crypto landscape, ensuring compliance with #dynamic regulatory requirements. #Dynamiccompliance #Globaladancement #FI #NBFI #VARA #Bianance #DFSA #FSRA #SCA #CBUAE #EOCN #UAEFATF #Regulatoryenvironment #Globalsanctions #Riskmanagment