Lamassu Partners with IdentityMind for Global Bitcoin ATM Compliance

IdentityMind Global and Lamassu have partnered to provide fast and compliant Bitcoin ATMs worldwide.

Lamassu already supplies Bitcoin ATMs but they will now have IdentityMind’s Know Your Customer, transaction monitoring, Sanctions Screening, automated SAR filing and anti-fraud services, which will allow ATM operators to navigate the key compliances required to legally operate their machines worldwide.

Lamassu, the largest supplier of Bitcoin ATMs, currently has 200 ATMs located worldwide with the ability to accept over 200 different currencies. IdentityMind, on the other hand, is a well-recognized compliance provider that tailors their services for large international exchanges, including Bitcoin. With both U.S. and international economies stressing the security of digital currencies, Lamassu’s partnership with IdentityMind comes at an opportune time.

“It has always been important for us not to burden the end-users of our machines with a complicated or intrusive compliance solution,” says 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.”

“IdentityMind has demonstrated time and again our dedication to providing the most advanced compliance platform for virtual currencies – whether you’re an established exchange, start-up, or Bitcoin ATM,” said Garret Gafke, IdentityMind President & CEO, “With Lamassu’s wide distribution and international presence, this 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.”

Lamassu’s IdentityMind-integrated Bitcoin ATMs will immediately be available worldwide.