Paysafe integrates Elliptic's solution

Friday 23 July 2021 12:17 CET | News

Elliptic has been selected by Paysafe, a payments platform, for its Elliptic Lens solution. 

Paysafe is now able to manage indirect exposure to cryptocurrency-related risks and support their cryptocurrency controls. Besides, as stated in PR NewsWire, Elliptic's configurable Risk Rules were an integral factor in Paysafe's decision to select Elliptic's crypto AML solutions.

Paysafe enables businesses and consumers to transact in payment processing, digital wallet, and online cash. By integrating Elliptic Lens into its existing proprietary artificial intelligence powered risk engine, Paysafe can enrich know-your-customer processes, reduce potential exposure to illicit activity, and effectively monitor the interaction between entities moving across fiat and crypto payment rails.

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Keywords: Paysafe, cryptocurrency, partnership, compliance, AML, KYC, artificial intelligence
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: World
This article is part of category

Blockchain & Cryptocurrencies

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