Crypto AML Firm Notabene Introduces Compliance Platform for Stablecoin Payments

Notabene has launched a new stablecoin payment platform called Notabene Flow, aimed at enhancing compliance in high-value business transactions. The platform allows for pull payments and recurring subscriptions, addressing challenges associated with traditional push-only crypto transactions. It aims to provide necessary safeguards like payment authorization, invoicing, and dispute resolution. Notabene Flow builds on the company’s extensive network of over 2,000 regulated entities, processing $1.5 trillion annually. Initial partners include Zodia Custody, Bitso, Gnosis, and Borderless, facilitating quick transactions while adhering to compliance standards known in traditional finance. The platform utilizes the Transaction Authorization Protocol and collaborates with the Global Legal Entity Identifier Foundation to ensure reliable entity verification. According to CEO Pelle Braendgaard, this framework is essential for the scalability of cross-border business payments, as stablecoins present a genuine opportunity to streamline these processes.

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