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VeracityID
United States
2013 (12 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 VeracityID
Company Information
Get to know VeracityID
VeracityID SaaS company that provides real-time fraud detection and intervention services to the financial services industry, enabling companies to predict, detect, and mitigate at fraud risk during the application process and before making a product offer to new and existing customers. The VeracityID’s idFusion platform offers a revolutionary approach to the continuing global war on fraud, and is based on the simple idea that you can discern and measure fraud risk by viewing a prospective customer’s digital footprint from multiple perspectives using cutting edge ‘big data’ tools. idFusion enables customers to discern hidden relationships between people and data that traditional methods and other software tools often miss – and these are the gateways to fraud discovery. idFusion is built for real-time analysis at point-of-sale, and has been configured with a strong focus on the type of world-class systems/data/application security, virtually limitless scalability, compelling ease of use, and highly configurable workflow that the large enterprise demands. VeracityID was founded in 2013 and is based in Reno, Nevada.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
- Technology Software Development
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