Monitor
Enable AML/CFT compliant crypto transactions and verify user accounts for potential risks.
Overview
When building a financial app, you need to make sure that all transactions on your platform are compliant with Anti-Money Laundering and Combating the Financing of Terrorism regulations (AML/CFT). Staying compliant with these regulations will keep you on the right side of the law and should be implemented as a top priority.
Blockmate helps with this by scanning wallet addresses and transactions against open source intelligence, social media and sanction lists.
Monitor provides each wallet and transaction with a risk score ranging from 0 to 100. You’ll be able to quickly identify high-risk users and keep your business safe from potential fraud, money laundering, and sanctioned entities.
API reference
| Feature | API reference | API endpoint |
|---|---|---|
| Get address risk score | /reference/getaddressriskscore | /v1/risk/score |
| Get address risk score details | /reference/getaddressriskscoredetails | /v1/risk/score/details |
| Get transaction risk score (KYT) | /reference/gettransactionriskscore | /v1/risk/transaction/score |
| Get transaction risk score details | /reference/gettransactionriskscoredetails | /v1/risk/transaction/score/details |
Use cases
Compliance with licensing regulations →
Operate across borders by staying compliant with strict international laws surrounding money laundering and the funding of terrorism — AML/CFT regulatory compliance.
Keep your business safe
Filter risky wallets and transactions for potential scams and fraud before they become a problem. Operate with confidence that you’re on the right side of the law and your user base is safe from bad actors and illicit funds.
Updated almost 2 years ago