Acuant and Scalable Solutions Partner to Streamline AML/KYC Compliance
LOS ANGELES, March 09, 2021 (GLOBE NEWSWIRE) Acuant, a leading global provider of identity verification solutions, and Scalable Solutions, a white label digital asset exchange provider, today announced their partnership to deliver Anti-Money Laundering (AML) and Know Your Customer (KYC) solutions on a single platform for banks, exchanges and financial institutions to manage fraud, fulfil compliance and streamline onboarding.
One of the greatest concerns financial institutions face in relation to trading digital assets is security. Regulatory hurdles become an obstacle in the development, innovation and implementation of new technologies, especially in industries with many stakeholders. This in turn leads to the loss of potential new products and services that institutions can offer, as well as a diminished ability to attract new customers or improve the offering for existing ones. Acuant and Scalable Solutio