XBO.com, a crypto exchange platform, has entered into a strategic partnership with Muinmos, a pioneer in automated compliance solutions.
This collaboration is set to significantly upgrade XBO.com’s KYC processes, risk management strategies, and the speed and security of user onboarding.
The partnership between XBO.com and Muinmos is driven by the need to enhance the security framework and compliance capabilities at XBO.com. As the crypto market continues to grow, maintaining trust and adhering to international and local regulatory standards is increasingly crucial.
XBO.com operates as a crypto exchange designed to offer secure, user-friendly services to its clients by integrating advanced technology into its operations. Similarly, Muinmos specialises in a SaaS platform that simplifies the compliance process through automated KYC components, client classification, risk assessments, and continuous monitoring.
The integration of Muinmos’ technology into XBO.com’s platform means that XBO.com can not only monitor transactions more effectively but also spot and act against suspicious behaviours, enhancing overall security measures. This partnership enables XBO.com to offer a seamless onboarding experience to its users, crucial for building user trust and compliance in the rapidly evolving crypto sector.
Additional benefits of this partnership include a smoother and more secure registration and verification process that adheres to the highest KYC and compliance standards. This is especially important in a landscape that is becoming increasingly regulated and where user expectations for quick and hassle-free onboarding are growing.
XBO.com Co-Founder and COO, Lior Aizik said, “XBO.com exemplifies how modern crypto platforms can leverage strategic partnerships to provide secure, user-friendly services. Our partnership with Muinmos is a great example of how we are setting new standards by integrating best-in-class technology into our ecosystem. By combining cutting-edge technologies and expertise, XBO.com is shaping the future of crypto, ensuring compliance, and offering its users the best possible experience.”
Muinmos CEO, Remonda Kirketerp-Møller stated, “XBO.com is at the forefront of the crypto industry and we are delighted they selected Muinmos when looking to take their KYC and onboarding to the next level. Onboarding new users is one of the first interactions customers have with an exchange and, with our platform integrated into theirs, XBO.com have a secure, automated system which enables quick, efficient, and compliant onboarding of users, enhancing the overall user experience for their clients.”
Copyright © 2024 RegTech Analyst
Copyright © 2018 RegTech Analyst
