Tevau, the leading blockchain payment solution provider, has announced a strategic partnership with Jumio, the leading provider of automated AI-driven identity verification and compliance solutions. This collaboration ensures a swift, secure, and compliant onboarding experience for Tevau's global users, adhering to Anti-Money Laundering (AML) requirements.
Tevau: Revolutionizing Blockchain Payments
Tevau aims to build next-generation payment infrastructure by issuing blockchain-powered cards for the convenient daily use of digital assets. In times where secure and efficient digital transactions are paramount, Tevau will offer a fast onboarding process for its users while reducing the risks of fraud and illicit activity with Jumio’s advanced identity verification solutions.
Jumio's Role in the Partnership
Jumio helps organizations know and trust their customers online. The Jumio platform provides advanced identity verification, risk signals, and compliance solutions that help you accurately establish, maintain, and reassert trust. Leveraging powerful technology, including automation, biometrics, AI/machine learning, liveness detection, and no-code orchestration with hundreds of data sources, Jumio assists in combating fraud and financial crime, onboard good customers faster, and meeting regulatory compliance, including KYC and AML.
Regulatory Achievements and Future Plans
Tevau is gearing up to introduce both physical and virtual cards, providing users with a wide range of options for utilizing their digital assets in everyday transactions. The Tevau cards will convert digital assets to fiat currency in the backend, meaning merchants do not need to adopt blockchain payment tools, making daily transactions more convenient and smooth.
Moreover, Tevau has achieved significant strides in regulatory compliance, having secured both the MSB (Money Services Business) license in America and the TCSP (Trust or Company Service Provider) license in Hong Kong. These licenses underline Tevau’s commitment to adhering to the highest standards of financial regulation and compliance.
Tevau has also recently launched an ambassador program to engage and reward its community. With these advancements, Tevau remains committed to enhancing user experience and expanding the possibilities for blockchain payment solutions.
The partnership between Tevau and Jumio highlights the importance of innovation and security in today's financial landscape. Through this collaboration, users can enjoy the convenience and security of using digital assets, opening up new financial horizons for them.
