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paywith.glass

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18 Jul 2019 (6 Years)

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    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.

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    Get to know paywith.glass

    paywith.glass is global Multi-Central Bank Digital Currency (mCBDC) Infrastructure powered by A.I. and blockchain technology. Financial services have changed dramatically over the 50 years since SWIFT was built and the job to be done now goes far beyond settlement, clearing and reconciliation messaging. paywith.glass is an ISO20022 compliant intelligent digital currency/electronic payment (iDC/EP) infrastructure solution which provides a modern effective global replacement for the SWIFT MT-based correspondent banking model. It incorporates real-time continuous authentication, real-time AML/KYC and modern ecosystem API hooks for e-Commerce, Point-of-Sale, IoT payments and through a white-label super app framework, mobile multi-digital currency wallets (supporting stablecoins, CBDCs and other cryptographically-secure digital assets). The solution offers several unique benefits including • Native support for the issuance, distribution/circulation and instantaneous cross-currency/cross-border transactions of Central Bank Digital Currencies (full-stack mCBDC support) • Instant settlement, clearing and reconciliation of all transactions • Direct cross-provider interoperability • Seamless FX conversion at inter-bank rates (with 0% FX commission) • International micropayments (exceeding United Nations SDG 10.c target) • Advanced cryptographic technologies, without using cryptocurrencies • Integrated real-time KYC/AML support on all transactions without impacting performance • Advanced AI-powered continuous authentication and fraud-detection technologies This intelligent global financial infrastructure is built to empower billions of people to transact instantly with currency fluidity, from anywhere on Earth, at any time... it is the Internet, for the world's money.

    Industry

    • Crypto CryptocurrencyPRIMARY
    • Financial Other Service
    • Financial Payment

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