Assess the risk of incoming cryptocurrency payments inside a single Waltix workflow. Your company receives data about the operation and can decide in advance which payments are confirmed automatically, which go to additional review and which are held until a responsible member of staff makes a call.
A cryptocurrency transaction can succeed technically and still carry elevated risk because of how the funds moved before. If such operations are reviewed manually and only after a customer complains, the team loses time and acts inconsistently. AML screening of crypto transactions embeds the risk assessment into payment acceptance itself and applies one set of rules.
The customer sends cryptocurrency. Waltix records the incoming operation and waits for the required network confirmations.
The system retrieves AML data. Available risk indicators and related information are collected for the transaction.
Your business rules are applied. An ordinary payment goes through, while an elevated-risk operation is routed to the review scenario you chose.
The result is stored. Staff see the payment status and the grounds for the next action inside one process.
The risk indicator helps you set priorities; it is not a universal legal verdict. Your company can define its own thresholds and take the amount, the customer type, the payment purpose and other circumstances into account.
A procedure written down in advance reduces the reliance on an individual employee's judgement. For example, a payment at the usual risk level is confirmed through the standard path, while elevated risk creates a task for a responsible specialist and does not unlock the service automatically.
Screening data can be stored alongside the order and the transaction. That makes it possible to reconstruct the sequence of events, answer the customer and understand why an operation was sent for additional review.
Start by defining risk categories and a clear action for each one. Assign owners, review deadlines and the way you contact the customer. Do not share unnecessary internal scoring details with the user: it is enough to explain that the payment is being reviewed and when to expect a decision. The rules must reflect the requirements of your jurisdiction and the specifics of your product.
Screening cryptocurrency for provenance reduces operational risk, but it does not guarantee absolute safety and does not replace KYC, legal expertise or internal compliance. Waltix describes transaction controls inside the payment flow, not a public service for checking any address or wallet.
The integration should store the available AML indicators together with the operation and pass them into your decision-making system. Thresholds and actions must not be copied verbatim from an example: they are agreed by the product, legal and compliance teams. If the data is temporarily unavailable, you need a safe fallback scenario.
It provides the available data and a risk assessment, which the company then uses inside its own payment handling rules.
No. It is a signal for additional review, not a final legal conclusion.
This page is about AML controls for operations passing through Waltix, not a public lookup for arbitrary addresses.
No. The two procedures solve different problems and are applied according to your business model and legal requirements.
Set up clear risk handling rules and receive data on cryptocurrency transactions inside the Waltix workflow.