Klever chooses Jumio for KYC and AML compliance

Wednesday 2 June 2021 12:44 CET | News

Jumio has been chosen by cryptocurrency wallet Klever to provide biometric identity verification for automated user onboarding compliant with KYC and AML regulations.

The forthcoming Klever Exchange is designed to provide users with a simple cryptocurrency trading experience with speed, security, and low fees, according to the announcement. It uses a proprietary security software architecture based on encryption techniques to keep its wallet secure. Jumio’s biometric technology will be used in KYC registration and user authentication.

Jumio supports more than 3,500 different ID documents from more than 200 countries and regions, giving Klever Exchange global coverage. Klever now has 3 million users worldwide, who can either store their crypto assets in the company’s digital wallet, or the Klever Exchange for trading.

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Keywords: cybersecurity, cryptocurrency exchange, e-wallet, identity verification
Categories: Securing Transactions | Digital Identity, Security & Online Fraud
Countries: World
This article is part of category

Securing Transactions