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Tap Partners with Notabene for Advanced FATF Crypto Travel Rule Compliance Solutions

The Notabene Team
The Notabene Team
December 21, 2023
A member of the Notabene team crafted this post.

Notabene is delighted to announce our new partnership with Tap, a rapidly growing fintech provider, specializes in traditional money account management and cryptocurrency settlement solutions for over 250,000 registered users, This a strategic move aimed at bolstering Tap’s compliance operations through SafeTransact's top-tier solutions for continuous adherence to the crypto Travel Rule

This collaboration aligns perfectly with Notabene’s mission to make crypto transactions a part of the everyday economy. Our partnership is a testament to Tap's dedication to consumer trust and proactive stance in consistently meeting pre-transaction regulatory requirements.

Enhancing Compliance in the Crypto Industry

The cryptocurrency market is rapidly evolving, increasing regulatory demands for transparency, security, and compliance with local crypto legislation. Tap's strategic decision to partner with Notabene addresses a critical industry need in this context.

Notabene's powerful SafeTransact platform and SafeGateway solution offer distinct advantages:

  • SafeTransact: Strengthens identification and mitigation of high-risk activity, empowers compliance teams with data-driven decision-making tools, and seamlessly integrates the Travel Rule into compliance processes.
  • SafeGateway: A standout feature that facilitates effective VASP-to-VASP interactions across protocols, positioning Notabene at the forefront of the cryptocurrency compliance solutions sector.

Tap, known for its regulatory-first approach, emphasizes the importance of consumer trust and operational transparency. This partnership with Notabene will enhance Tap's operational efficiency and maintain its competitive edge in the industry.

Leaders’ Insights on the Collaboration

Kriya Patel, CEO of Tap, expressed enthusiasm about this strategic alliance with Notabene. 

“I am delighted to be able to announce our strategic partnership with Notabene and I look forward to growing the relationship together whilst navigating through to meeting and maintaining our current and future regulatory requirements in our industry. 

The partnership with Notabene was a natural one. They share the same values as Tap by focusing on customer-driven product needs, whilst allowing us to maintain a regulated and security-first approach.” -
Kriya Patel, CEO of Tap.

Pelle Braendgaard, CEO of Notabene, echoed these sentiments, noting the alignment of Tap's commitment to compliance and customer trust with Notabene’s mission.

"We are pleased to collaborate with Tap, their commitment to compliance and customer trust aligns seamlessly with our mission. Together, we can advance the industry while ensuring the highest standards of security and transparency." - Pelle Braendgaard, CEO of Notabene.

In conclusion, Tap's partnership with Notabene is a forward-thinking move, aligning with the evolving demands of cryptocurrency regulation and reinforcing its commitment to maintaining the highest standards of compliance and customer trust.