Case Study: AutoCoinCars achieves compliant cryptocurrency transactions with SmartSearch

For AutoCoinCars, integrating SmartSearch enhanced their compliance solution quickly and efficiently

AutoCoinCars.com, Europe’s biggest automotive marketplace for selling cars in cryptocurrency, needed a way to stay fully compliant while supporting legitimate crypto users. Working with SmartSearch, the company wanted robust KYC, KYB, UBO and AML checks, plus a way to re-confirm customer identity at vehicle collection, all through an open API that could fit into its online platform.

SmartSearch integrated its verification platform, including UK individual checks, TripleCheck facial recognition and digital fraud checks, ongoing daily monitoring, and UBO screening via Experian and Dow Jones Watchlist access. This helped AutoCoinCars remove manual checks, speed up due diligence, settle balances faster than card payments, and continue accepting genuine cryptocurrencies, including from virtual asset service providers and unhosted wallets.

AutoCoinCars

Mustansar Iqbal

Founder