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Beam
Australia
2012 (13 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Beam
Company Information
Get to know Beam
Decentralised marketing and payments platform for the 21st century. Beam is a marketing and payments platform with over 700,000 users and 5,000 stores across three different continents. It enables a transparent, open and real-time engagement between all stakeholders in the retail value chain ranging from brands to stores. We have proven the benefits of Beam’s model at scale with over three million transactions since the inception of the platform in 2011. Utilising blockchain technology, we are now opening up the Beam Platform to a greater portion of stakeholders in the global retail ecosystem and accelerating the rate of adoption of the platform, particularly among those with limited access to affordable loyalty and payments solutions and those in areas with inadequate financial infrastructure.
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Other Service
- Financial Payment
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