Elliptic is a leading blockchain analytics provider helping businesses and financial institutions manage risk and investigate crimes using blockchain analytics for faster and more effective decisions.

Sumsub lets its clients utilize Elliptic data in various transaction monitoring events to enhance security, mitigate risks, and increase customer trust.

How it works

Sumsub clients can enter their Elliptic API keys and secrets in their dashboard to get access to the Elliptic data and do the following:

• Screen deposit and withdrawal addresses to score transactions and identify suspicious sources of funds.
• Combine transaction monitoring events, such as the 2FA change, password change, and so on, and financial data with Elliptic data to comprehensively screen other types of risk.

The data you get will depend on the rules and alerts set on your Elliptic account.

Get started

You will need the following prerequisites to get started:

• Valid contract with Elliptic.
• Access to Elliptic Lens Product.
• Access to the Elliptic dashboard.
• Configured risk settings on Elliptic.

When these requirements are met:

1. Copy the API key and secret from your Elliptic account.
2. In the Sumsub Dashboard, navigate to the Elliptic page.
3. Paste and validate your API key and secret.
4. Install and activate the Elliptic rule bundle, as described in this article.

Now, your crypto transactions will be screened based on the rules from the Elliptic bundle and other rules you installed.