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LOS ANGELES, June 08, 2021 (GLOBE NEWSWIRE) – Acuant, the world’s leading trusted identity platform for AML fraud prevention and compliance, today announced an expanded partnership with BITPOINT LATAM, the leading crypto-FIAT exchange in Latin America. BITPOINT LATAM has integrated AcuantGO to implement fully automated Identity Verification, Know Your Customer (KYC), and Anti-Money Laundering (AML) solutions to better support users while continuing to meet compliance standards.
Consumers use BITPOINT to buy and sell crypto assets with the local currency of Mexico, Dominican Republic, Panama, Guatemala, Ecuador, Peru, Argentina, Colombia, and Brazil. As the leader in the region’s crypto-asset market, BITPOINT has made cryptocurrency more accessible in these nine countries since 2019 with its cutting edge cutting edge technology.
To provide consumers with a safe and reliable user experience, BITPOINT initially incorporated Acuant compliance technology to comply with AML regulations. As the exchange rapidly expanded across the region to assume its leadership role today, BITPOINT needed to quickly launch a scalable solution for identity and document verification while meeting KYC requirements and standards. AML. AcuantGO, the Acuants code-free solution, met the requirements and got BITPOINT up and running in just three weeks, resulting in a 98% increase in user integrations.
Since beginning our partnership with Acuant, the company’s strong compliance platform and cutting-edge technology have continued to support BITPOINT as we pursue an ambitious growth plan in Latin America. While complying with regulatory requirements and keeping our users safe, we saw the need to make their experience even easier, said Julin Guevo, Director of Compliance Operations at BITPOINT LATAM. We look forward to continuing our work with Acuant and are delighted with the results achieved since the integration of AcuantGO.
We have seen cryptocurrency adoption grow rapidly over the past few years as the currency has become more secure thanks to new regulations and requirements. At Acuant, we always ensure that our customers not only meet compliance standards and prevent fraud, but also keep their customers satisfied, said Yossi Zekri, President and CEO of Acuant. Our codeless solution provides that seamless onboarding experience while enabling businesses and organizations to follow rapid digital transformation in a way that no other offering on the market today can. We are delighted to continue our partnership with BITPOINT and to see it grow.
To learn more, read the full case study here.
About AcuantAcuants Trusted Identity Platform is at the forefront of enabling businesses and governments to transact with confidence in an ever-changing digital world, facilitating the creation, ownership and ability to verify your identity and making it accessible to the entire world population. With industry-leading identity verification, regulatory compliance (AML / KYC) and digital identity solutions powered by AI and human-assisted machine learning, Acuant delivers unmatched results and operational efficiency. Omnichannel deployment delivers seamless customer experiences to fight fraud, increase conversions, and build trust in seconds from anywhere in the world. Completing over 1.5 billion transactions in over 200 countries and territories, Acuant trusts all major industries.
About BITPOINT LATAMBITTPOINT is a Japanese crypto-to-FIAT exchange licensed by FSA, a subsidiary of Remixpoint Inc (TYO: 3825). BITPOINT is Latin America’s largest crypto exchange, currently operating in Mexico, Dominican Republic, Panama, Guatemala, Ecuador, Peru, and Argentina. BITPOINT allows users to buy and sell the top 9 crypto assets in the market with local currency and USD, becoming the region’s leading entry and exit crypto platform. Learn more: bitpointlatam.com
Media contact Malini [email protected]
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