Working with Chainalysis allows us to stay on top of our business and be prepared for anything that comes our way.”
Challenge
CiNKO, a regulated financial institution operating in Central and South America, faced significant challenges managing cross-border payments using US dollar-based stablecoins. With evolving threats in the market, ensuring compliance, transaction monitoring, and scalability were essential for their operations. The team needed a robust solution to help monitor transactions, generate alerts, and conduct thorough investigations to meet regulatory requirements.
Solution
CiNKO turned to Chainalysis to support its growing needs across several critical areas:
- Support and Training: Chainalysis provided comprehensive training and certifications to various teams—audit, finance, and transaction monitoring—ensuring a holistic approach to transaction oversight.
- Reputation and Credibility: Chainalysis’ industry leadership and trusted reputation were key factors in the selection process.
- Comprehensive Solutions and Risk Management: CiNKO benefited from the right risk management tools and the ability to customize and scale as needed. Integration with their platform through APIs and customizable rules worked seamlessly.
- Data Accuracy: The wealth of data and experience Chainalysis brought to the table gave CiNKO confidence in the accuracy and reliability of their transaction monitoring.
With Chainalysis, CiNKO can proactively monitor transactions in real-time, staying ahead of regulatory inquiries and evolving threats, enabling them to provide a secure global payment solution.
