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IRIS Payment Solutions
United Kingdom
Nov 2017 (7 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 IRIS Payment Solutions
Company Information
Get to know IRIS Payment Solutions
IRIS is a fintech company which implements innovational biometric authentication and blockchain technology to create the world’s safest payment processing ecosystem. Furthermore, IRIS will also develop hospitality and access restriction products in its late development. IRIS will act as a medium point for users to access their funding sources such as credit cards, bank accounts, crypto wallets using biometric authentication. IRIS users will be able to conduct free-of-charge instant international transfers at any irisTerminal. They will also be able to use their IRIS Wallet to pay at any IRIS Merchant. Our core advantages are: • Ease of Use – IRIS will be free and available to anyone with an irisTerminal nearby • Safety and Security – Implementing finger vein authentication as our biometric standart alongside with blockchain technology, users will sleep calm knowing their irisWallet will remain unpenetratable • Saving money – Users will not pay any fees while conducting international transfers, or using IRIS as an everyday payment method • Instant operations – Transfers and Transaction will happen, in most cases, in a matter of seconds • Crypto Integration – People will now be able to spend their crypto currencies using just the tip of their finger at any IRIS Merchant or irisTerminal • Ease of Business – Our planned irisDoorLock systems will save Airbnb and Hotel owners great amounts of time with our remote access allowance system
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- Financial Other ServicePRIMARY
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