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Home » BIGG Digital Assets Partners with Web3 Enabler to Integrate Cryptocurrency Compliance in Salesforce

BIGG Digital Assets Partners with Web3 Enabler to Integrate Cryptocurrency Compliance in Salesforce

Streamlining Crypto Payment Processing and Compliance for Salesforce Users

Kelly Cromley by Kelly Cromley
Sep 9, 2024
in Market News, News
Reading Time: 3 mins read
0
bigg digital assets partners web3 enablers

BIGG Digital Assets Inc., an established global player in digital assets, blockchain, and metaverse sectors, has announced a significant collaboration between its big-data division, Blockchain Intelligence Group (BIG), and Web3 Enabler, Inc. This partnership aims to introduce a cryptocurrency payment processing compliance solution for Salesforce clients, marking a notable advancement in the integration of digital asset services within the widely used customer relationship management (CRM) platform.

 

The collaboration focuses on incorporating BIG’s BitRank Verified technology, a blockchain intelligence solution, into Web3 Enabler’s blockchain payment services for Salesforce. This integration will allow businesses using Salesforce to conduct secure, compliant cryptocurrency transactions, streamlining financial processes while reducing regulatory risks. By offering compliance tools within Salesforce, companies can manage digital currency transactions without the complexity of dealing with multiple platforms or security concerns related to cryptocurrency payments.

 

A Groundbreaking Solution for Salesforce Users

This partnership represents the first time Salesforce users will have access to cryptocurrency payment processing compliance tools directly integrated within the platform. Businesses that adopt this solution will be able to leverage BitRank Verified’s automated wallet and transaction verification services to ensure all crypto-related transactions meet compliance standards. The technology automatically performs real-time compliance checks, significantly reducing the risk of fraud or other illicit activities during transactions.

 

BitRank Verified’s tools are designed to analyze cryptocurrency wallet addresses and transactions, identifying potential connections to illegal activity or sanctioned entities. By integrating this technology into Salesforce, businesses can seamlessly verify transactions, ensuring that they adhere to Anti-Money Laundering (AML) policies and regulatory obligations. The partnership aims to make it easier for companies to adopt cryptocurrency payments while maintaining a high standard of security and compliance.

 

Blockchain Intelligence Group’s President and Co-Founder, Lance Morginn, emphasized that the collaboration with Web3 Enabler will provide a comprehensive solution for businesses seeking to incorporate cryptocurrency payments. By integrating BitRank Verified’s compliance tools into Web3 Enabler’s blockchain payment services, businesses using Salesforce can now handle cryptocurrency transactions with confidence, knowing that their payment processes are secure and fully compliant. This integration enhances the functionality of Salesforce, which is already trusted by over 150,000 businesses worldwide, by adding a layer of security for digital payments.

 

Improving Efficiency and Risk Management

One of the key benefits of this collaboration is the improvement in operational efficiency for businesses that process cryptocurrency payments. BitRank Verified’s technology allows companies to consolidate their payment processes by managing both fiat and cryptocurrency transactions within Salesforce. This eliminates the need for using multiple platforms, simplifying financial management for organizations that are increasingly adopting digital currencies. By centralizing transaction records within Salesforce, businesses can gain a complete overview of their payment processes, streamlining operations and reducing administrative burdens.

 

Furthermore, BitRank Verified’s real-time risk management features provide businesses with ongoing monitoring of cryptocurrency transactions. This proactive approach to risk management allows companies to stay ahead of potential security threats and ensures that their financial operations remain compliant with evolving regulatory standards. With BitRank Verified’s tools in place, businesses can detect any suspicious activity linked to cryptocurrency wallets, helping them avoid potential legal or financial complications.

 

Web3 Enabler’s platform, known for its capability to integrate cryptocurrency payments with Salesforce, now includes BitRank Verified’s cutting-edge compliance tools. This partnership offers a robust solution for businesses looking to accept digital currency payments while maintaining compliance with global regulatory requirements. According to Web3 Enabler’s CEO, Alex Hochberger, this partnership represents a major step forward for businesses that are looking to simplify their payment processes while ensuring regulatory compliance. He highlighted that by combining Web3 Enabler’s blockchain payment services with BitRank Verified’s risk assessment tools, companies are provided with a comprehensive solution that enhances both efficiency and security.

 

A Strategic Move Amid Growing Cryptocurrency Adoption

As cryptocurrency continues to gain traction among businesses and consumers alike, the demand for compliant payment solutions is growing. With over 150,000 clients using Salesforce globally, this partnership between BIGG Digital Assets and Web3 Enabler is positioned to provide a significant boost to the adoption of cryptocurrency payments in the corporate sector. By simplifying the process of managing crypto transactions and ensuring compliance with regulatory standards, this collaboration addresses some of the key barriers to cryptocurrency adoption for businesses.

 

Businesses can now sign up with Blockchain Intelligence Group to access BitRank Verified’s API, which automates transaction verification within Salesforce. This feature allows for seamless real-time compliance checks and reduces the risks associated with cryptocurrency transactions. Additionally, the solution provides a user-friendly interface for companies to manage their financial processes, enabling them to maintain a higher level of security and transparency in their operations.

 

As digital currencies become more widely accepted, partnerships like the one between BIGG Digital Assets and Web3 Enabler are expected to play a crucial role in driving forward the adoption of cryptocurrencies in the corporate world. By integrating advanced compliance tools with widely used platforms like Salesforce, businesses can confidently navigate the complexities of cryptocurrency transactions while ensuring compliance with global financial regulations.

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