Beam Solutions announced that Wyre, the leading infrastructure provider in crypto, selected Beam to provide its next-generation anti-money laundering compliance platform.
“We were looking for a world-class, turnkey compliance platform that we could integrate with our crypto forensics tools,” said Michael Dunworth, CEO at Wyre. “Beam’s SaaS solution provides identity verification and transaction monitoring in a single platform that is more cost effective than the individual compliance tools we were using before. Their ability to consolidate providers is a real plus for us.”
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Mike Bombace, VP – Legal & Compliance at Wyre, was impressed by Beam’s deep industry knowledge. “Their leadership has many years of experience with compliance, and they understand exactly what our pain points are,” he said. “Beam’s out-of-the-box rules perfectly suit our needs. I’m pleased that we will be able to launch quickly with minimal resources and effort, and that their platform will easily scale with us as our team grows.”
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“Wyre is disrupting crypto by providing a secure, compliant infrastructure that enables their partners to create cutting-edge tools on the blockchain,” said Ben Duranske, CEO and co-founder of Beam. “We are delighted that Beam’s compliance platform will play a key role in ensuring cryptocurrency is traded safely and successfully around the globe.”
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