Global cryptocurrency exchanges and Web3 platforms today face a perfect storm of challenges: onboarding millions of users instantly, navigating fast-evolving regulatory requirements across jurisdictions, and countering increasingly sophisticated fraud and financial crime risks.
Balancing growth with trust, security, and compliance has never been more critical.
To address these challenges, ADVANCE.AI, a global provider of AI-powered digital identity verification, compliance, risk management and credit information solutions, today announced the launch of AdvanGuard, a unified KYC platform for the crypto and Web3 industry.
AdvanGuard consolidates ID document verification, biometric authentication and liveness detection - with upcoming features such as AML (Anti-Money Laundering) watchlist screening and FATF travel rule - into a single, scalable framework.
Compared to traditional KYC systems, AdvanGuard enables:
• Flexibility: Customisation to easily scale into new markets with configurable KYC checks per jurisdiction.
• Greater onboarding transparency: Ability to segregate and adjust for various customer segments within a single platform.
• Operational efficiency: Savings in time, resources and accuracy from working with multiple KYC providers per jurisdiction.
• Improved security and compliance: Holistic risk evaluation and comprehensive analysis of transactions and user behavior.
• Better user experience: A smooth and frictionless verification process improves positive customer experience and lasting stickiness.
With AdvanGuard, exchanges and Web3 platforms can accelerate user onboarding with real-time document verification, facial biometrics, and 99% detection accuracy, while meeting global compliance requirements and scaling securely into new markets.
“Crypto exchanges and Web3 platforms today face the dual challenge of keeping pace with rapidly evolving regulations while protecting their platforms from increasingly sophisticated fraud across multiple jurisdictions,” said Dong Shou, Co-founder and Chairman of ADVANCE.AI. “With AdvanGuard, we bring AI-powered identity verification, fraud detection, and AML screening together in a single, unified solution. Our goal is to help crypto exchanges, DeFi platforms, NFT marketplaces and blockchain businesses onboard users in seconds, detect and stop deepfakes, and build stronger security and compliance frameworks to scale with confidence.”
As one of the first adopters, BingX, a leading cryptocurrency exchange and Web3 AI company, welcomed the launch of AdvanGuard.
“Trust and compliance are the cornerstones of building a sustainable crypto ecosystem,” said Daniel Lai, Chief Business Officer at BingX. “As a global exchange with a rapidly growing user base across multiple jurisdictions, we need a globally scalable solution that can handle diverse document types and evolving KYC risks and compliance with both speed and accuracy. Our integration with ADVANCE.AI’s AdvanGuard platform underscores our commitment to delivering a secure, transparent, and user-friendly platform to our 20 million global users while staying ahead of evolving regulatory standards.”
ADVANCE.AI has also been supporting leading Indonesian crypto investment platforms such as Indodax and Nanovest since 2022, underscoring its trusted role in enabling secure and compliant growth for digital asset businesses in Southeast Asia.