Weekly Update 13th May 2022

What a week! We’re ecstatic with the feedback we got from all our announcements this week. We told you it was going to be an exciting ride and we lived up to it. We still have a few updates coming but we will be announcing those next week.

Sekuritance’s $SKRT token gains Injection of Liquidity

As the first announcement of the week, we announced that Sekuritance has onboarded a new liquidity solution partner within its ranks to keep the $SKRT token’s order book healthy, whilst also regularising spread between the buy and the sell order. This will be primarily present on Gate.io, while also injecting minimally within Probit, Quickswap and Uniswap. Read more.

We obtained PCI DSS Level 1 Certification

We obtained PCI DSS Certification scaling up our security standards. PCI DSS is an information security standard for all business entities that handle card information. The said security standard certification was thoroughly assessed in risk assessment, security compliance & validation, monitoring & threat hunting, as well as training for various payment security certifications. Learn more.

Previous Managing Director of Airbnb Payments UK appointed as our Chief Strategy Officer

Quent Rickerby will partner with long-time friend and associate Jonathan. Camilleri Bowman, Sekuritance CEO, and will assume the role of Chief Strategy Officer and Director. Mr Rickerby will help drive the company’s global strategy and operations across Sekuritance’s portfolio of services and expanded marketplaces. Read more here.

Crypto Tax Reconciliation Engine

We’re launching a Crypto Tax Reconciliation Engine, helping users reconcile their crypto tax, based on their jurisdiction, fulfilling another step as a compliance suite for businesses, and individuals alike. Sekur.Tax is currently in development and is scheduled for a full release in the fourth quarter of 2022 to the first quarter of 2023. We can’t wait for y’all to try it! Read more.

$SKRT Staking via Sekuritance is LIVE!

The time has come! We are happy to announce that you can now stake your $SKRT (Polygon Chain) tokens within our portal, it will let you earn big APR by depositing your tokens. This is a major step in the road for wider $SKRT use. Register or Login to our portal here: https://lnkd.in/enmib_nA. Read more about this here.

Strategic Partnership with ELWA.FI

Their core objective is to Build Cross-Chain Interoperability for DeFi Protocols. Sekuritance will be guiding and aiding EYWA in filling their cap table, along with aiding the onboarding of their investors at a private level. EYWA is a cross-chain interoperability protocol that enables blockchain networks to improve each other’s ecosystems via liquidity, community, and integration of a diverse range of DeFi protocols. EYWA aims to create a global cross-chain interoperability system that offers the fast, cheap and seamless transfer of value and arbitrary data between smart contract-enabled blockchains. Check out their website: https://eywa.fi/eng/

Strategic Partnership with TLG Ventures

TLG Ventures is a Blockchain Advisory and Investment Partnership based in Estonia. They are dedicated to helping startups and more established projects accelerate their growth and thrive in this industry, cultivating long-term partnerships with projects, helping to establish healthy, natural growth that builds lasting success. Sekuritance will be aiding and linking TLG Ventures with up and coming projects that we’ve helped to onboard. Check out their website: https://tlg.ventures/

Why Art Has a Problem with Money Laundering

Dealing in art and antiquities has traditionally been an ideal way to launder money, as purchases can be smuggled across borders, or hidden away in storage facilities like freeports for decades after a sale has been completed. Read more here.

The Challenges of Transaction Monitoring

Transaction monitoring refers to the examining of customer transactions, which includes assessing both historical and current customer information and interactions to provide a full view of customer activity. This includes transfers, deposits, and withdrawals among other activities. Most firms will use software to analyse this data autonomously. Read more here.

About Sekuritance

The Sekuritance RegTech provides a single platform for every compliance need within a business, including end-to-end KYC, KYB, AML, vendor management, beneficiary onboarding, investor check, card processing MFA checks, blockchain wallet checks, cyber-risk assessments, and other RegTech and Business Process Management requirements.

Stay tuned for more info and follow us on:

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