Case Study: Luno builds trust and improves compliance with Chainalysis

Luno builds trust with customers and improves compliance efficacy

Luno, a leading global cryptocurrency company with more than eight million customers in over 40 countries, needed a way to meet world-class compliance requirements and monitor blockchain transactions for money laundering, terrorist financing, sanctions, and scam-related activity. To support a risk-based approach to crime mitigation and better protect customers, Luno turned to Chainalysis and its on-chain monitoring and investigation tools, including Chainalysis Know Your Transaction (KYT) and Chainalysis Reactor.

With Chainalysis, Luno reduced transaction monitoring time from weeks to minutes, increased Suspicious Activity Reports (SARs) by 50%, and improved the quality of those reports. Chainalysis also helped Luno implement risk-based transaction controls, block scam-linked addresses, and build greater trust with customers by preventing harmful transactions and strengthening its fraud and compliance framework.

Luno

Eva Crouwel

Head Of Financial Crime