Alchemy Pay integrates Sumsub’s Travel Rule solution to boost global compliance, transactional transparency, and user security.
Fiat-crypto payment gateway Alchemy Pay announced the integration of Sumsub’s Travel Rule solution across its product suite. The collaboration enhances regulatory compliance, improves transactional transparency, and strengthens user security as global crypto adoption accelerates.
The Travel Rule, designed to prevent money laundering and terrorist financing, requires Virtual Asset Service Providers (VASPs) to securely exchange sender and recipient information during transactions. By implementing Sumsub’s infrastructure, Alchemy Pay can automate secure data exchange protocols, ensuring seamless compliance while maintaining a smooth user experience.
Sumsub’s solution connects to more than 1,800 VASPs across protocols and complements Alchemy Pay’s existing compliance framework, which features KYC/AML procedures, fraud detection systems, and regional licensing.
The partnership comes as Alchemy Pay expands its regulatory footprint worldwide. The company recently secured its tenth Money Transmitter Licence in the United States and is extending operations across Europe, the United Kingdom, Korea, and Southeast Asia.
With millions of users entering the crypto economy through its fiat-crypto ramp, payments network, and upcoming stablecoin infrastructure, compliance remains central to Alchemy Pay’s growth strategy.
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