NEW YORK CITY – Notabene, the full-service solution for crypto regulatory compliance with the Travel Rule, has added Lana Schwartzman to its team as Head of Regulatory and Compliance. This step, in conjunction with its recent launch of SafePII as the first escrow service for personally identifiable information (PII), is Notabene’s most recent move to elevate its commitment to Travel Rule compliance for customer data in the crypto space.
Schwartzman previously served as Chief Compliance Officer for two crypto companies, the latest being Dapper Labs. Prior to that, she worked in Grant Thornton’s Regulatory and Compliance Risk Advisory Services practice for seven years, advising early crypto adopters on setting up and implementing compliance programs. She began her role in compliance with Morgan Stanley and then worked at Deutsche Bank.
View the press release on Business Journal.
Schwartzman joins Notabene at a pivotal moment in the company’s launch of risk-mitigation and compliance features for virtual asset service providers (VASPs) as regulators worldwide roll out new requirements to collect and transfer PII. With the United Kingdom just recognized as the world’s largest crypto economy, and as the European Union puts into place the Financial Action Task Force’s standards for anti-money laundering compliance, Schwartzman will have a key role in shaping Notabene’s services for VASPs across an evolving global regulatory landscape.
Schwartzman has more than 17 years of compliance and regulatory experience in Web3, digital assets, fintech, and TradFi, with a proven track record of successfully designing and implementing BSA/AML/Sanctions Compliance programs, leading MSB/MTL licensure strategy and process, internal audits, independent compliance program reviews, and consent order validation for NFT and cryptocurrency companies, financial institutions, and foreign banking organizations.
She is an industry thought leader and subject-matter expert in regulations and compliance related to NFTs and cryptocurrency, as well as anti-money-laundering regulations. She frequently speaks at industry conferences, including those of the Association of Certified Anti-Money Laundering Specialists and the Association of Certified Financial Crime Specialists. She discusses related issues in the media, including an appearance on the Law Of Code Podcast.
Schwartzman is a Certified Anti-Money Laundering Specialist and has achieved various crypto certifications, including the Chainalysis Cryptocurrency Fundamentals Certification and the Reactor Certification. She holds a bachelor’s degree in Business Administration, Finance, and Law, from Pace University.
Notabene is the leading full-service global Travel Rule compliance platform. The firm was created to provide solutions to Travel Rule guidelines, which mandate virtual asset service providers to collect, store and send PII from their users. To mitigate the risk of hacks and data leaks, Notabene’s encrypted SafePII service ensures that only authorized users can access this data.
With Travel Rule implementation deadlines looming in jurisdictions across the globe, the gap is closing between crypto regulations and how VASPs currently manage PII in fiat currency transactions. Today, major crypto exchanges and financial institutions worldwide use Notabene’s platform to send and receive Travel Rule data transfers across a growing network of more than 500 crypto exchanges.
Notabene is on a mission to make secure and trusted crypto transactions a part of the everyday economy. Using privacy-preserving technology, our full-service software helps virtual asset service providers (VASPs) turn regulatory compliance into a competitive advantage. Notabene’s market-leading Travel Rule compliance solution enables financial institutions, crypto exchanges, and custodians to comply with international AML regulations and guidelines. Notabene is fully SOC 2 security certified. Companies such as Luno, Bitso, Crypto.com, Bitstamp, and others leverage our software to manage regulatory and counterparty risk in virtual asset transactions. Headquartered in New York, Notabene is a global company with offices in Switzerland, Singapore, and the United Kingdom.