Gnosis Pay partners with Elliptic for on-chain risk screening

Gnosis Pay, a provider of white-label infrastructure for stablecoin-powered card programs and multi-currency accounts, faces a unique compliance challenge. Its partners, wallets, neobanks, exchanges, and payment processors, integrate through a single API to offer branded products. Users retain control of their funds via self-custodial Safe smart accounts, which complicates risk assessment tied to on-chain transactions without compromising payment speed.

The company sought a solution to assess wallet and transaction risk across its infrastructure. It turned to Elliptic for API-led blockchain screening that flags high-risk activity automatically. This ensures compliance with partners' and regulators' expectations while maintaining the self-custodial model's simplicity and speed.

According to Caio Beck, Gnosis Pay's MLRO, reliable data from Elliptic enables early pattern identification, better decision-making, and stronger controls. The scalable compliance foundation supports the launch of new card programs, currencies, and markets as Gnosis Pay expands its partner network.