compliance integrated in your product

Process fully compliant transactions with our crypto wallet identification plugin

Comply automatically and at scale

Launch a comprehensive compliance mechanism across your entire business

Build products compliant by design

Instead of playing a catch-up game, make your product fully compliant from day one

Meet FATF Travel Rule and wallet identification requirements

Integrate once and always comply with the latest regulations

Crypto wallet identification app by Notabene.
WALLET IDENTIFICATION

Instantly identify wallet type and regulatory requirements

Identify blockchain address type (custodial, non-custodial) to apply necessary regulatory requirements

AVAILABLE data INTEGRATIONS
* coming soon
DATA COLLECTION

Ensure frictionless Travel Rule data collection

If necessary, our dynamic form requests from your customer only the minimum information needed for the Travel Rule

FULl UI CUSTOMIZAtion

Embed seamless compliance tools in your transaction flows

Integrate our crypto wallet identification plugin with prebuilt dynamic UI components into your product

Information exchanged during crypto wallet identification for travel rule using Notabene's software.
Information exchanged during crypto wallet transfer using Notabene's software.
AUTOMATED compliance

Comply at scale

Automatically generate Travel Rule transfers. Analyze and transfer data in the background, freeing up your compliance officers to focus on edge cases.

Save valuable time and resources

Pre-built UI components

A fully customizable integration that gives dev teams their time back.

Front-end API

Want to build your own UI? We get it! Our API allows for seamless integration directly into your front-end. 

Data integrations

Automatically pull the available data from our integration partners: Chainalysis, Elliptic, TRM Labs and more.

BOOK A DEMO

Bank-grade security for an insecure world

  • Surpass AWS Best Practices
  • GitLab Realtime Security Vulnerability Checks
  • All data encrypted at rest, in transport, and user managed keys

Industry’s strongest protection for your customer data

  • Industry’s only escrowed exchange of encrypted PII
  • Compliant with EU GDPR, Singapore PDA
  • Plug-and-play Travel Rule end-user data consent component

Enterprise white glove features

  • 24h/7 days a week uptime
  • Configurable enterprise SLA
  • SOC2 compliant disaster recovery and business continuity plans
NOTABENE'S COMMITMENT TO PRIVACY + SECURITY
FAQ

Crypto Wallet ID

What is a non-custodial crypto wallet?

With non-custodial crypto wallets, users have complete control over their funds and the associated private key. It is important to note that the terms “non-custodial” and “unhosted “are used interchangeably in the industry.

What is the difference between a custodial wallet and a non-custodial wallet?

A custodial wallet is a wallet hosted by a virtual asset service provider (VASP) like Binance or Coinbase. The VASP owns the private key to the wallet and holds the virtual assets in custody.

What is the difference between KYC and Travel Rule?

KYC is the process of one VASP identifying their customer and verifying their details to comply with global regulations before allowing them to utilize their platform. Travel Rule takes it a step further–requiring two VASPs that have already KYC’d their customers to exchange and store customer PII on transactions over a certain threshold.

Why is crypto wallet identification important?

It is imperative to identify the wallet type (custodial or non-custodial) and the beneficial owner of a crypto wallet during Travel Rule transactions. Different rules will apply depending upon the findings. Learn more on our Regulations page.

What is the FATF’s approach to peer-to-peer transactions?

The FATF and local regulators have generally focused on enforcing AML/CTF controls on transactions that involve intermediaries, such as VASPs or other obliged entities. Thus, crypto transfers between unhosted wallets, so-called peer-to-peer transactions, are not explicitly covered by AML/CTF rules.

The FATF opens the door to a future change of paradigm in case there is a distinct trend toward P2P transactions, as this would necessarily hurt the effectiveness of the AML/CTF frameworks as they exist today.

Are there different approaches to transactions with non-custodial wallets across jurisdictions?

Yes. In our recent State of Crypto Travel Rule Compliance Report 2022, we were able to identify four distinct approaches to transactions between VASPs and unhosted wallets by national regulators.  

- Enhanced Due Diligence: Some countries, like Liechtenstein, require VASPs to apply enhanced due diligence measures when transacting with unhosted wallets. 

- Information Collection from VASP's Customer: In the UK and Gibraltar, VASPs must collect from their customer the needed information about the owner of the originating or beneficiary unhosted wallet. 

- Verifying Non-Custodial Wallet Owner’s Identity: Singapore and Germany require VASPs to identify and verify the owner’s identity of the originating or beneficiary unhosted wallet. 

- Identity Verification and Proof of Ownership: The Travel Rule requirements are the same in Switzerland, regardless of whether the transaction is with a VASP or an unhosted wallet.   

Learn more on our Regulations page.