Case Study: Paxos achieves 80% transaction monitoring efficiency and automated onboarding with ComplyAdvantage

Paxos Trust Company is a financial technology company modernizing finance by mobilizing assets at the speed of the internet

Paxos, a blockchain-focused financial technology firm, faced rapid growth that outpaced its compliance tooling: customer screening was a mix of manual and fragmented processes, and transaction monitoring was entirely manual and batch-based. To scale onboarding and speed up compliance workflows Paxos selected ComplyAdvantage, implementing Customer Screening & Ongoing Monitoring and Transaction Monitoring to replace its outdated, manual approach.

ComplyAdvantage integrated via RESTful API to automate screening, adverse media checks, and real-time transaction monitoring, giving Paxos structured profiles, FATF-aligned categorization, and entity-based alerts. The solution cut manual work dramatically—Paxos reported an 80% improvement in efficiency and reduced tasks that once took a week to just hours—enabling fully automated onboarding, faster remediation, and scalable, audit-ready compliance.

Paxos

Edward Luo

BSA/AML Officer