Financial Services Cloud Forum

 View Only

Now, Detect Blockchain Fraud with Wallet Intelligence APIs from Blockpliance in IBM Cloud Catalog

By Guillermo Fernandes posted yesterday

  
illustration of the IBM Cloud Catalog as a storefront with customers

How often does your bank perform risk analysis on blockchain addresses?

Our research shows banks encounter blockchain addresses often via their source of 
wealth process and fraud and investigations processes. Despite OFAC already listing 
over 650 blockchain addresses, banks rarely check these addresses for risk.

An API Solution

To provide banks the screening tools they need to remain compliant, we are excited to
share that all of our Wallet Intelligence APIs are now available on the
IBM Cloud Catalog.

Benefits

IBM Cloud Catalog provides customers access to Blockpliance’s Wallet Intelligence APIs through IBM Cloud with:

   Single invoicing from IBM

   IBM account integration

   Streamlined deployment and management of these cloud solutions

Blockpliance joins over 400 existing offerings on IBM Cloud Catalog, driving product awareness, streamlining billing and metering processes through IBM, and opening access to IBM’s enterprise clients running on IBM Cloud.

“In order for the Digital Assets Ecosystem to grow, KYC/AML and Fraud Detection tools are necessary to get to the same scale of Transaction Processing that the Traditional Financial system processes today. With 9 out of the top 10 banks in the US on IBM Cloud, as banks ramp up their Digital Asset Custody Infrastructure through IBM Hyper Protect Crypto Services and IBM Confidential Computing, they’ll also be able to acquire Blockpliance through IBM Cloud Catalog to safeguard their customers from illicit actors in the Digital Currency ecosystem.” - @Talha Khan, Product Manager, Gen AI & Digital Assets, IBM Cloud Catalog, IBM Cloud Ecosystem.

These offerings empower over 600,000 individual site visitors monthly, including users from Fortune 500 companies, with the solutions they need to support their digital transformations.

About Blockpliance

Blockpliance is a blockchain intelligence company that combines artificial intelligence and machine learning with forensic investigations to help governments and financial institutions worldwide handle risk anytime blockchain addresses are present. We have made strides in disrupting scam networks, CSAM and darknet market operators and famously uncovered a multi-billion government corruption scandal in a foreign country.

Learn more:

Blockpliance:  https://www.blockpliance.com/

IBM Cloud Catalog at: https://cloud.ibm.com/catalog

#Featured-area-1, #Featured-area-1-home, #Blockchain, #financial-services, #Governance,RiskandCompliance, #bitcoin

0 comments
6 views

Permalink