Coinmotion is joining forces with Fenergo, a digital solutions expert, to enhance its anti-money laundering (AML) compliance. This partnership will see Fenergo’s Transaction Monitoring system integrated into Coinmotion’s operations, offering real-time insights into customer behavior and helping to identify and report suspicious transactions swiftly.
This collaboration marks a shift from an in-house solution to a more agile, automated alternative. It’s all about staying ahead of the curve in a rapidly changing regulatory environment. With Fenergo’s support, Coinmotion will navigate the Nordic regulatory landscape more efficiently, gaining a comprehensive view of cash-to-crypto and crypto-to-cash transactions.
“As a leader in our industry, we have a responsibility to set the standard for cryptocurrency compliance. Fenergo’s Transaction Monitoring enables us to do just that.”Jani Ultamo, Chief Compliance Officer at Coinmotion