DigitalMint Boosts Its Compliance and Investigations Program
By using Chainalysis data, we have been able to reduce illicit activity going through our [Bitcoin ATM] machines by 50%.”
Challenge
DigitalMint was seeking a holistic solution to create efficiencies for their compliance and investigations teams, along with the ability to scale as transaction volume increased.
Solution
- Using Chainalysis KYT, DigitalMint built specific AML and fraud rules, allowing them to improve detection without adding resources
- Chainalysis Reactor equipped the DigitalMint investigations team with a much clearer picture of their customer base, backed up by the best data in the industry
- DigitalMint protects its customers and has returned over $6 million to fraud victims over the past two years, supported by Chainalysis’ actionable data
