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Fuze Network
United States
01 Aug 2010 (15 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 Fuze Network
Company Information
Get to know Fuze Network
Founded in 2010, Salt Lake City-based Fuze Network is a payments technology company that facilitates the movement of money onto any of the 1.5 billion U.S. bank-issued cards. The opportunity to pay credit card bills, reload prepaid cards and deposit money to debit cards is enabled by calling Fuze Network’s API. Venture-backed and founded by payment industry veteran Dave Wilkes, Fuze Network routes money to card issuers and is directly promoted to cardholders by many of those issuers, including Citi Bank, First Premier Bank and Merrick Bank. The service increases card usage and utility. The platform simplifies and speeds up the transaction process by eliminating manual entry of personal information on forms and does not require specific codes for card isuers. The card number is all that is required to route money timely and accurately, eliminating errors from hand written forms. Fuze Network is empowering cash-preferred and self-banked consumers to take back precious time lost on other services. They are providing tools to manage personal finances in an efficient, cost-effective way. Funds flow directly from the consumer at the time they choose to transact, deposit or cash their check onto the card account of their choosing, on their own time.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
- Financial PSP Gateway
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