iPiD & Triple-A Team Up to Boost Global Digital Currency Security
iPiD, a leading Know Your Payee (KYP) solutions provider, has partnered with Triple-A, a Singapore-based digital currency payment institution, to enhance payee verification worldwide. This collaboration aims to bolster security and compliance in cryptocurrency transactions.
iPiD, led by CEO Damien Dugauquier, has extended its payee verification safeguards to cryptocurrency payouts worldwide for Triple-A. This integration will ensure Triple-A's compliance with Europe's upcoming Verification of Payee (VoP) requirements, strengthening fraud prevention and reducing the risk of failed or misdirected cryptocurrency payments.
Triple-A, headquartered in Singapore and licensed by the Monetary Authority of Singapore (MAS), will verify payee details across on-ramp and off-ramp cryptocurrency transactions between fiat and stablecoins using iPiD's solution. Eric Barbier, CEO of Triple-A, praised iPiD for offering the only global solution for cryptocurrency payee verification and account verification. This partnership underscores Singapore's role as a global hub for trusted cryptocurrency payment innovation.
iPiD and Triple-A have joined forces to set new standards for cryptocurrency transaction security. By integrating iPiD's cryptocurrency payee verification solution, Triple-A ensures it meets regulatory requirements and provides enhanced protection for its users. This collaboration further solidifies Singapore's position as a leader in cryptocurrency innovation.
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