Blockchain analytics and AML provider Coinfirm announced that German financial institution Bankhaus von der Heydt has selected its solution for enhancing risk monitoring and management associated with cryptocurrencies.
Bankhaus von der Heydt aims to enable customers to benefit from a one-stop-shop approach and obtain digital asset custody, tokenization and blockchain-based payment transactions from a single provider.
“As a fully regulated credit institution, Bankhaus von der Heydt ensures the highest possible security and compliance standards. Coinfirm has established a reputation as an industry-leading crypto risk monitorer. Their blockchain analytics platform is, therefore, a great addition to our internal risk management,” said Philipp Doppelhammer, Managing Director at Bankhaus von der Heydt.
Coinfirm’s AML platform consists of 270+ risk indicators able to catch nefarious actors with red flags for anything from Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CTF) to combatting fraud and darknet trading. The company’s services also include Reclaim Crypto, as well as Trudatum, a standalone regtech platform that allows any file to be registered, signed, and verified with 100% accuracy.
“Coinfirm is proud to be able to collaborate with an extraordinarily respected financial institution such as Bankhaus von der Heydt that has been a foremost pioneer in financial securities, markets and trends. We look forward to creating a safer blockchain economy with the traditional banking world.” – Pawel Kuskowski, CEO and co-founder of Coinfirm.