Goldmoney Case Study:
 
Accelerating Growth Through Automated Compliance Operations
 

“ldentityMind [now Acuant Compliance] is a great solution for our company. The benefits of increased efficiency and resource allocation together with its customizability make it applicable to any direction you choose to take for your business. The ldentityMind team is also incredibly helpful, which is the icing on the cake.”

SERGE PROSTRAN
Compliance Officer
Goldmoney Personal & Business Network

 

Growth isn’t an accident or something that just comes; it requires planning, and a tremendous amount of hard work. Many factors can prevent hypergrowth or even growth, and compliance is at the top of the list.

So, what’s the answer? Smart compliance.

What does this mean? You do what’s required and you automate everything else.

What does this get you? The ability to manage compliance to an extent that you can grow exponentially with minimal staff and third-party expenses. By having risk and compliance set- up and running from the very beginning, once you launch, your sole focus is on growing the business.

Goldmoney uses IdentityMind now Acuant Compliance, to automate their KYC, Anti-Money Laundering, and Fraud Prevention activities.  Our scalable solution allows uninhibited growth and our automation, machine learning, and easy-to-use rules allowed Goldmoney to focus on expanding their business.  Since signing with IdentityMind, they have achieved:

  • Hockey-Stick Growth
  • Going Public With $2 Billion in Client Assets Obtaining 1.5 Million
  • Signups From 150+ Countries

 

ANALYST RECOGNITION

“As digital transactions continue to see massive growth, understanding who’s on the other end of the transaction is key to reducing fraud, managing risk and complying with regulations.”

“This evolution of the Acuant Trusted Identity Platform with IdentityMind positions them well in the dynamic market for identity orchestration platforms.”

Trace Fooshee
Aite Group

Senior Analyst

 

 

GARTNER

Market Guide for Identity Proofing and Corroboration. September 2019
Jonathan Care, Akif Kahn

AITE GROUP

Global AML Vendors: Embracing Innovation. February 2020
Chuck Subrt, Julie Conroy

AITE GROUP

Fraud, Authentication, and Orchestration Hubs: A Path to Greater Agility. December 2019
Julie Conroy