Case Study: GOAT Finance boosts KYC/AML compliance with iDenfy

GOAT Finance cuts manual compliance work by 77% with iDenfy

GOAT Finance, a peer-to-peer cryptocurrency exchange, faced the challenge of finding a trustworthy RegTech provider to enhance its AML compliance program. They needed a comprehensive solution for KYC, KYB, and AML that would ensure security, cost-effectiveness, and seamless integration with their systems while balancing user convenience and stringent regulatory requirements.

iDenfy implemented its full-stack KYC, KYB, and AML solutions, including identity verification, business verification, and automated screening against sanctions and PEP lists. This partnership resulted in a 77% reduction in manual work for compliance specialists and enabled GOAT Finance to onboard 97% of its users successfully in just two minutes on average, significantly improving efficiency and security.

GOAT Finance