LexisNexis and Elliptic Partner to Bring Financial Transparency to the Bitcoin Blockchain
In a new partnership, LexisNexis Risk Solutions, a global big-data technology and analytics firm, has integrated its anti-money laundering data into Elliptic’s Bitcoin transaction monitoring and compliance products. As a result, clients of Elliptic’s blockchain intelligence service can obtain more meaningful insights by automatically screening Bitcoin....
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LexisNexis has joined forces with bitcoin blockchain surveillance firm Elliptic to restrict illicit transactions with the cryptocurrency, according to reports from Reuters. London-based blockchain startup Elliptic and LexisNexis are hoping that with their service they can include bank-grade Anti-Money Laundering (AML) regulations to the digital currency’s transactions. Who is LexisNexis? LexisNexis is a leading company that provides essential information to banks to adhere to AML controls. It helps 50 of the top 50 U.S banks to avoid crime, lessen business risk, and realize regulatory....
According to Reuters, a new partnership between LexisNexis and the London-based Elliptic aims to pool resources to prevent illicit bitcoin use and monitor money laundering through bank-grade tracking capabilities. Elliptic and LexisNexis: A Bank-Grade Bitcoin AML on the Horizon. LexisNexis Risk Solutions is a member of the multinational analytics firm....
Major research/database company NexisLexis is planning to hold a Bitcoin Regulation webinar come the 8th of July, according to a tweet published Friday afternoon. Specifically, the webinar aims to instruct professionals on compliance and risk issues for financial institutions - many of whom are becoming increasingly interested developments in this sector. New @Sheshunoff post: Bitcoin Regulation - Addressing Compliance & Risk Issues for Financial Institutions http://t.co/1Fz9eGxAcN @circlebits. - LexisNexis (@LexisNexis) June 13, 2014. According to the announcement, the agenda for the....
On Monday, the blockchain intelligence firm Elliptic announced the company has raised $60 million in a Series C financing round. Elliptic plans to leverage the capital to expand the team and “accelerate” blockchain research and development (R&D).
Elliptic Raises $60 Million to Bolster Expansion
There’s been a number of capital investments and finance injections directed at companies within the crypto ecosystem. On October 11, the blockchain surveillance company Elliptic revealed the firm has raised $60 million from strategic investors. Elliptic highlights....
Bitcoin analytics and security firm Elliptic has partnered with bitcoin derivatives exchange Crypto Facilities to bring enterprise standards to bitcoin trading. The two London-based bitcoin startups announced today the launch of a settlement and clearing mechanism that separates bitcoin custody from all other exchange functions. The terms of the deal specify that the clients of the derivatives exchange will see their accounts hosted in Elliptic's secure vaults. It must be noted that Elliptic has KPMG accreditation for its vaults. Safety of Funds Guaranteed! The new partnership will see....