Blockchain and Digital Asset
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In 2021, the total value of cryptocurrency transactions surpassed $3 trillion, highlighting the growing significance of digital currencies. As new technologies and alternative currencies proliferate, they pose challenges for both digital and traditional financial entities.
Balancing customer satisfaction with regulatory compliance, your AML team needs to swiftly detect and report any suspicious activities associated with the misuse of cryptocurrencies for money laundering, sanctions violations, and other illicit financial activities. You need a solution that guarantees compliance with evolving crypto regulations while maintaining operational efficiency.
ABM is the Top Choice for Compliance Professionals
Strategic Partnerships of the Finest Quality
ABM Global integrates sophisticated cryptocurrency intelligence data through partnerships with prominent industry data providers, thereby facilitating the effective identification, monitoring, and reporting of suspicious activities associated with virtual asset transactions.
Improved Insight through Daily Risk Updates
ABM Global provides daily updates on client risk profiles that are comprehensive and highlight those that have exceeded your organization’s risk threshold in the past 24 hours. This ensures proactive risk management.
Real-Time Screening for Instantaneous Insight
Real-time screening capabilities of ABM Global provide immediate insight into the backgrounds of senders and receivers, ensuring compliance, maintaining a seamless client experience, and mitigating exposure to sanctioned or high-risk entities.
Ongoing Professional Assistance
ABM Global is dedicated to the enhancement and optimization of your AML program at every stage, from the initial consultations with our experienced risk professionals to the ongoing assistance provided by our dedicated account managers and support team.
ABM's Unified Crypto AML Compliance Platform Equips You With:
Conduct Identity Verification and Crypto KYC Processes
Monitor accounts linked to peer-to-peer crypto exchanges and virtual currency kiosks. ABM enables cross-referencing of contact details from small VASPs with customer records to flag suspicious activities.
One Solution for Sanctions, PEPs, and Watchlist Screening
Utilizing sanction, OFAC, law enforcement, PEPs, adverse media, and internal high-risk lists, ABM conducts real-time screening both pre and post onboarding for compliance and assurance purposes.
Monitor and Screen Transactions In Real-Time
Effortlessly identify customers engaged in virtual currency transactions and unregistered crypto MSBs potentially evading supervision.
Comprehensive Real-Time, Periodic, or Event-Based Transaction Monitoring
Monitor all transaction types, including digital and traditional, to rapidly detect suspicious fund movements, including well-known money laundering scenarios.
Facilitate Collaboration With Case Management
ABM provides a highly automated case management solution, fostering improved team collaboration and swift resolutions.
Automate Regulatory Reporting
With ABM, your regulatory reports can be automatically populated, validated, and electronically submitted within minutes.
Are you Looking for Professional Consultation on PSP Registration for Bank of USA?
Benefits of Partnering with ABM Global Compliance USA
Streamlined and Efficient PSP Registration Process
Experience the difference with our streamlined and efficient PSP registration process. We optimize the journey, ensuring minimal disruptions and maximum efficiency.
Expert Guidance on Navigating Regulatory Complexities
Navigate regulatory complexities with confidence, guided by our team of experts. Our commitment is not just to guide you through the process but to empower you with the knowledge to navigate future challenges independently.
Enhanced Compliance Management for Sustainable Business Operations
Achieve more than compliance – achieve excellence in compliance management. Our services are geared towards fortifying your business operations, creating a foundation for sustainable growth.
Navigating the PSP registration process with the Bank of USA can be complex, but with the right guidance and expertise, it becomes more manageable. ABM Global Compliance USA offers comprehensive solutions tailored to your specific needs, ensuring a seamless and efficient registration experience. Trust us to navigate the intricacies of compliance, so you can focus on growing your business with confidence. Contact us today to learn more about our services and how we can support your PSP registration journey.
