Electroneum has partnered with regtech company Yoti to enable its customers to complete elements of KYC via Yoti’s digital identity app. It will adopt a tiered approach to KYC, which will involve each user providing proof of identification based on the amount of ETN, Electroneum’s digital currency, they hold or send from their wallets.
Yoti will help to streamline and simplify the process by letting individuals prove their identity in seconds and share their verified details, removing the need for them to present forms of identification multiple times and keeping their documents secure.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright