AlphaPoint partners with IdentityMind

AlphaPoint, a New York-based white label solutions provider for cryptocurrency exchanges, has partnered with IdentityMind in an attempt to incorporate compliance tools to its offerings.

The company provides technological infrastructure for cryptocurrency exchanges, catering toward both start-ups and established exchanges. Bitfinex employed its technology last year, to improve the performance of its trading functionality.

IdentityMind's solutions, on the other hand, seek to help cryptocurrency industry ensure compliance with know-your-customer (KYC) and AML policies in an efficient manner. It also offers anti-fraud, risk management, transaction monitoring and payment solutions.

A number of AlphaPoint's clients have already been employing IdentityMind's tools, so the association of the two is rational. Both these companies develop their offerings to be flexible for the varying needs of each jurisdiction they cater to.