BITPOINT LATAM Partners with Acuant to Streamline Crypto Exchange User Experience
LOS ANGELES, June 08, 2021 (GLOBE NEWSWIRE) -- Acuant, the globally trusted leading identity platform for fraud prevention and AML compliance, today announced an expanded partnership with BITPOINT LATAM, the leading crypto-to-FIAT exchange in Latin America. BITPOINT LATAM has integrated Acuant®GO 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 local Mexico, Dominican Republic, Panama, Guatemala, Ecuador, Peru, Argentina, Colombia and Brazil currency. As a leader in the region’s crypto-asset market, BITPOINT has made cryptocurrency more accessible in these nine countries since 2019 with its advanced cutting-edge technology.
To provide consumers a safe and trusted user experience, BITPOINT originally integrated Acuant Compliance technology to comply with AML regulations. As the exchange rapidly expanded across the region into its leadership role today, BITPOINT needed to quickly launch a scalabl solution for identity and document verification while meeting KYC requirements and AML standards. Acuant®GO, Acuant’s no code solution, met the requirements and allowed BITPOINT to launch in just three weeks, driving user onboardings up by 98%.
“Since the beginning of our partnership with Acuant, the company’s robust compliance platform and state-of-the-art technology has continued to support BITPOINT as we pursued an ambitious growth plan in Latin America. While complying with regulatory requirements and keeping our users safe, we found a need to make their experience even easier,” said Julián Guevo, Compliance Operations Director at BITPOINT LATAM. “We are looking forward to continuing our work with Acuant and are thrilled with the results since integrating Acuant®GO.”
“We’ve 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 are always ensuring our customers are not only meeting compliance standards and preventing fraud, but also keeping their customers happy,” said Yossi Zekri, President and CEO at Acuant. “Our no code solution is providing this seamless onboarding experience while allowing businesses and organizations to keep up with rapid digital transformation in a way that no other offering in the market today can. We are delighted to continue our partnership with BITPOINT and see them grow.”
To learn more, read the full case study here.
About BITPOINT LATAM
What are NFTs Really About?
Zadara Edge Cloud Fuels Formula 1 Team - Keynote Presentation by Zadara
Grand Opening Reception in Exhibit Hall - Sponsored by Dell Expert Technologies