Binance, the world’s largest cryptocurrency exchange by trade volume has entered into a partnership with risk management and data security firm IdentityMind, reports Forbes, March 26, 2019. Binance Ups its Security Game Per sources close to the matter, IdentityMind will provide its Know Your Customer (KYC) and Anti-Money Laundering (AML)… Popular cryptocurrency exchange Binance has partnered with risk management and regulatory-technology compliance platform IdentityMind to improve its data protection and global compliance efforts in the fast-changing cryptocurrency scene. IdentityMind published a press release on Tuesday, March 26th announcing the partnership.. IdentityMind is a SaaS platform that specializes in fraud detection ... IdentityMind announced on Tuesday that it has partnered with Binance to “improve existing data protection and compliance measures” for the exchange’s global operations. IdentityMind provides cryptocurrency exchanges a “real-time” platform to comply with know-your-customer (KYC) and anti-money laundering (AML) regulations worldwide to prevent fraud, according to the announcement. Binance, the world’s largest cryptocurrency exchange by trading volume, has said that it is considering 30 potential cryptocurrencies and digital assets for its forthcoming U.S. partnership. Binance Taps IdentityMind for KYC and AML Solutions. Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, has partnered up with IdentityMind to integrate their KYC and AML services.. The new partnership will help streamline existing data protection and compliance measures for Binance’s global operations through incorporating IdentityMind’s compliance, risk ... Binance, which supports more than 100 cryptocurrencies, is currently the largest exchange in the world in terms of volume traded. By partnering with IdentityMind to provide better security and compliance solutions, Binance appears eager to set itself apart from other exchanges and provide assurance to users worried about fraud or theft. Binance Partners with IdentityMind to Boost Security and Regulatory Compliance https://www.binance.com Crypto exchange titan Binance has partnered with Medici Ventures portfolio firm IdentityMind to boost the exchange’s current data security and compliance measures, according to an announcement published March 26.
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