Announcing Our Partnership with Lamassu Bitcoin Ventures: Fast, Compliant Bitcoin ATM Machines
October 23, 2014
We’re proud to announce today our partnership with Lamassu Bitcoin Ventures, to integrate our international compliance platform in Bitcoin ATMs. The integration includes built-in Know Your Customer (KYC), transaction monitoring, sanctions screening, automated SAR filing, and anti-fraud services, providing ATM operators with the key compliance capabilities they need to operate their machines worldwide.
As the largest provider of Bitcoin ATMs, Lamassu boasts more than 220 Bitcoin ATMs worldwide, 15 second fiat to Bitcoin transactions, and the ability to accept over 200 currencies. With both U.S. and international scrutiny increasing on virtual currencies, and recent encouragement from the ATM Industry Association (ATMIA), the integration demonstrates Lamassu’s timely focus on providing ATM operators with the tools they need to effectively operate their machines.
“It has always been important for us not to burden the end-users of our machines with a complicated or intrusive compliance solution,” said Lamassu CEO Zach Harvey, “This integration allows us to provide our operators with an affordable and quality solution that fits the Lamassu user experience. It’s fast, it’s intuitive and it’s easy.”
We’re proud to provide the most advanced compliance platform for virtual currencies- whether you’re an established exchange, start-up, or Bitcoin ATM. With Lamassu’s wide distribution and international presence, this latest integration provides a great opportunity to showcase the effectiveness of our platform- including revamped KYC, transaction monitoring, anti-fraud, and sanctions screening – the cornerstones of our SuperiorAML program.