Scorechain, a leading provider of Blockchain Analytics and compliance solutions, has announced a strategic partnership with Ondato, a renowned name in the KYC software industry. This collaboration aims to fortify the capabilities of both companies in delivering top-notch compliance solutions to their clients in the rapidly evolving financial and cryptocurrency sectors.
Strengthening Compliance in the Crypto Space
The partnership between Scorechain and Ondato represents a significant step forward in enhancing the compliance landscape for financial institutions and cryptocurrency businesses. By combining Scorechain’s robust Blockchain Analytics with Ondato’s advanced identity verification and AML solutions, the partnership aims to offer comprehensive tools that address the growing complexities of regulatory compliance.
Why Ondato?
Both Scorechain and Ondato have been recognized for their excellence in their respective fields. Scorechain’s expertise in Blockchain Analytics is complemented by Ondato’s cutting-edge AI-driven KYC technologies. This partnership is set to provide clients with:
- Enhanced compliance experience: The collaboration aims to deliver a seamless compliance experience, leveraging advanced analytics and real-time monitoring to ensure adherence to regulatory requirements.
- Operational efficiency: The partnership will help reduce the time and resources required for compliance processes, thereby enhancing operational efficiency.
- Streamlined Onboarding Process: The combined solutions will offer a streamlined onboarding process, reducing friction for clients and providing a more efficient and user-friendly experience.
Ondato has been consistently recognized by G2 as a leader in several categories including Know Your Customer and Identity Verification. Their technology is celebrated for its cost efficiency, high accuracy, and ability to reduce processing times, making it a preferred choice for businesses looking to enhance their compliance frameworks.
Similarly, Scorechain has established itself as a trusted name in Blockchain Analytics, offering tools that provide deep insights into Blockchain transactions and compliance requirements. Their solutions are designed to help financial institutions and crypto businesses navigate the regulatory landscape with confidence.
About Ondato
Ondato is a comprehensive KYC and AML compliance solution provider based in London. The company offers a wide range of services designed to streamline customer onboarding, enhance compliance processes, and ensure regulatory adherence. Ondato's platform includes tools for identity verification, age verification, document verification, and facial recognition, making it easier for businesses to meet stringent regulatory requirements and reduce the risk of fraud.
For more information, visit Ondato’s website
About Scorechain
Scorechain, the European Leader Blockchain Analytics provider based in Luxembourg, distinguishes itself in the rapidly transforming realm of cryptocurrency compliance. With a steadfast commitment to data protection and integrity, Scorechain offers a range of tools designed to help businesses meet their regulatory obligations and manage risks associated with digital assets. Scorechain’s services include transaction monitoring, wallet screening, exploration tools, KYT/KYA reports, and customizable predictive alerts.
For more information, visit Scorechain’s website
