Comprehensive KYT, KYC, and anti-money laundering screening in ChainUp Custody
KYT: Know Your Transaction (KYT) can be thought of as a process by which digital assets transactions can be assessed for fraudulent or suspicious activity (e.g. money laundering) to help you monitor and track consumers' financial transactions to determine the authenticity and legitimacy of the transactions.
KYC: Know your customer (KYC) is the process of a business, identifying and verifying the identity of its clients. ChainUp Custody could help you understand the type and purpose of the customer relationship and develop a customer risk profile, used as a baseline for detecting suspicious customer activities.
Risk monitoring mechanisms: Help you detect and reject high-risk transactions
ChainUp Custody provides automated deposit and withdrawal monitoring, aimed at clamping down on money laundering, terrorism funding, and other criminal behavior like a fraud by making it easy to trace transactions to their origin.
Choose your compliance partner and customize transaction policies based on risk levels
ChainUp Custody corporate with crypto compliance and anti-money laundering leading providers Chainalysis; ChainUp Custody’s technology also offers integrated KYC/AML solutions, You can choose different plans and vendors aligned to your needs to ensure you are compliant when executing fiat to crypto transactions