AI at Currency.com enhances compliance for quicker scaling.

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Currency.com, a leading global provider of digital finance solutions, has announced plans to integrate artificial intelligence into its operations and processes.

The platform serves businesses, enterprise clients, and individual users, offering services such as digital asset management and multi-currency transactions. Currency.com operates in more than 100 countries with robust regulatory compliance, including licenses from the US, EU, and Middle East regions.

Building a More Efficient Financial Ecosystem

Currency.com is striving to enhance its services by incorporating AI technology into various aspects of its operations. The company is examining how intelligent systems can be applied in development, quality assurance (QA), and other critical processes within the organization.

The pilot program focuses on leveraging AI for DevOps, frontend development, and QA tasks. Early results indicate a substantial improvement in development efficiency, reducing cycles from weeks to mere hours. The initiative aims not only to increase speed but also to boost scalability and personalization of services while maintaining high standards of compliance and client responsiveness.

Enhancing Compliance through Collaboration

In support of this strategic move, Currency.com has partnered with ComplyControl, an AI-driven compliance solutions provider. This collaboration aims to test how advanced technologies can streamline compliance functions such as sanctions screening, adverse media monitoring, and regulatory gap analysis.

This partnership is a significant step towards achieving greater operational efficiency and aligning with evolving regulations like the Markets in Crypto-Assets (MiCA) framework in Europe while expanding operations into the US market. The ultimate goal is to create an integrated financial platform that simplifies cryptocurrency transactions for users worldwide, ensuring security, ease of use, and seamless integration of payment, investment, and crypto services.

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