MAX-Wallet announces new feature to facilitate KYC

Monday 2 March 2020 12:27 CET | News

MAX-Wallet has added a new feature that is designed to reduce data inaccuracy, cut costs, and effortlessly integrate with other platforms.

The solution is dubbed MAX-Register, and it aim is to be updated on the latest international KYC and AML standards. MAX-Wallet’s straightforward sign-up login solution redefines KYC, making the repeating logins and registrations on different platforms a thing of the past.

MAX-Register integrates with other platforms when it comes to KYC and AML standards, making transactions secure for both businesses and end-users. At the moment, users can test MAX-Register, which is already implemented with its first partner, GRXTrade. Moreover, the solution encrypts the user's KYC data. As such, when the merchant makes a request, MAX-Register will send the encrypted data to the user's wallet to decrypt (with the user's permission) before reaching the merchant. 

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Keywords: MAX-Wallet, MAX-Register, KYC, Registration, AML, standards, data, logins, wallet, encryption
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime