To provide greater security to those who operate on the platform and complying with KYC and AML (Know Your Client and Money Laundering Prevention respectively) policies, we do the process in association with Jumio, a leading company in identity verification. that have clients like United Airlines, HSBC, Kraken, Coinbase, BTG Pactual, etc.
Using online verification, the identity of the user is verified through 2 steps:
- Photo of the identity document (National Identity Card, Passport or driver's license).
The document is verified to be authentic and information is extracted from it (date of birth, identification number, etc.).
- Facial Biometry: Verification that the user's face matches his identity through the camera of his phone or computer, the system takes movements of the face framed in a specific area, also certifying that the person is alive.
Finally, the Jumio system compares identity with internationally sanctioned persons, repeating the process every 15 minutes even after verification, if in any of the checks there is any agreement with the sanctioned list, the user will be blocked.