“Sardine, the leading provider of fraud, compliance, and instant payment solutions, announced today a new product offering a real-time, comprehensive view of an entity’s risk based on its history transacting with cryptocurrencies, digital assets, and conventional bank products and services. Called Insights, the service aims to bridge data gaps between financial institutions, fintechs, and crypto companies to strengthen risk management and increase access to all segments of financial services. The number of US adults who own crypto assets will surge to 34 million this year. As more consumers, businesses, and other entities use blockchain-based services, there is a growing demand to move money between traditional finance (TradFi) and decentralized finance (DeFI). However, these two systems remain siloed with limited exchange of risk-related information, enabling fraudsters to exploit significant visibility gaps.”
Sardine Launches ‘Insights’ to Manage Risk Between Financial Institutions, Fintechs, and Crypto Companies
PR Newswire
