TRM Labs, Finray Launch Crypto and Fiat Monitoring
TRM Labs and Finray Technologies integrated their systems to monitor crypto and fiat transactions in a unified compliance engine.Summary
Blockchain intelligence platform TRM Labs has partnered with banking infrastructure firm Finray Technologies to launch a unified system for monitoring both cryptocurrency and fiat transactions. This integration embeds TRM’s blockchain intelligence tools into Finray’s compliance and decision engine, XZiel, enabling real-time alert triaging, automated escalation, case management, and risk assessment across both transaction types. The system is designed to help institutions meet unified oversight requirements, especially those mandated by new regulations like Europe’s Markets in Crypto-Assets (MiCA), by providing structured, auditable monitoring programs aligned with AML obligations. Key features include real-time risk alerts for suspicious crypto activity using familiar fiat monitoring workflows, support for wallet screening during onboarding, and the automatic recording of detailed, time-stamped audit trails. The solution targets exchanges, custodians, corporate treasuries, banks, and electronic money institutions looking to expand their crypto offerings or enable on- and off-ramp services, offering a single, auditable view of risk across both financial rails.
(Source：Cointelegraph)