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Coinfirm Adds Support for Origami Exchange in Transaction Security, Transparency

Coinfirm will support Malta-based company Origami Exchange in meeting its security and compliance standards as part of their newly-formed partnership.

The London-based firm explained on its website that its Anti-Money Laundering (AML) Platform will be adopted by Origami to promote transparency on the exchange.

The AML Platform will help Origami access over 270 risk indicators and profiles, more than 150 advanced evaluation algorithms, behavioral analysis, and data science techniques, as well as delivering regular reports to analyze transaction patterns.

Under the partnership, the exchange will also become an AMLT network member.

Lastly, Origami will also take advantage of Coinfirm’s KYC End 2 End solution to deal with financial institutions.

“The integration of Coinfirm’s AML platform will further enhance the security level on crypto transactions for all trading entities using Origami,” said Coinfirm co-founder Grant Blaisdell.

Origami Exchange, which will be launched in June, possesses an ongoing license that recognizes it as a Class 4 Virtual Financial Asset service provider and wallet service provider.

The license also allows the exchange to provide other services related to cryptocurrencies and digital assets.

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