Tevau Partners with Jumio to Strengthen Identity Verification and AML Compliance

Tevau,
the
leading
blockchain
payment
solution
provider,
today
announced
a
strategic
partnership
with
Jumio,
the
leading
provider
of
automated,
AI-driven
identity
verification,
risk
signals
and
compliance
solutions.
This
collaboration
will
ensure
a
quick,
secure
and
compliant
onboarding
experience
for
Tevau’s
users
globally,
while
adhering
to
AML
regulatory
requirements.

Tevau
aims
to
build
the
next-generation
payment
infrastructure
and
issues
blockchain-powered
cards
for
the
convenient
daily
use
of
digital
assets.
In
an
era
where
secure
and
efficient
digital
transactions
are
paramount,
Tevau
will
offer
a
swift
onboarding
process
for
its
users
while
reducing
the
risks
of
fraud
and
potential
illicit
activity
by
integrating
Jumio’s
advanced
identity
verification
solutions.

“We
are
delighted
to
partner
with
Jumio.
Our
users
now
can
enjoy
an
easy
and
fast
KYC
procedure,”
said
Mac
Li,
Founder
&
CEO
at
Tevau. “At
Tevau,
our
mission
is
to
empower
individuals
by
providing
seamless
access
to
financial
opportunities.
This
partnership
allows
us
to
uphold
our
commitment
to
security
and
compliance
while
enhancing
the
overall
user
experience.”


“Jumio
is
thrilled
to
collaborate
with
Tevau
to
streamline
their
eKYC
processes,
enabling
them
to
efficiently
and
securely
onboard
new
customers
while
helping
them
meet
compliance
mandates,”
said
Frederic
Ho,
VP
of
APAC
at
Jumio.

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.
Tevau
card
will
convert
digital
assets
to
fiat
currency
in
the
backend,
meaning
merchants
do
not
need
to
integrate
blockchain
payment
tools,
making
daily
transactions
more
convenient
and
smooth.

Furthermore,
Tevau
has
made
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.

About
Tevau

Tevau
is
building
the
next-generation
payment
infrastructure
by
issuing
blockchain-powered
cards
for
the
convenient
daily
use
of
digital
assets.
This
solution
addresses
issues
with
slow
transaction
speeds,
high
fees,
and
limited
payment
options
in
traditional
financial
systems. 

With
a
focus
on
innovation,
accessibility,
and
simplicity,
Tevau
is
revolutionizing
how
individuals
interact
with
money.
Tevau
believes
everyone
deserves
the
chance
to
thrive
in
the
ever-evolving
world
of
finance.
It
empowers
users
to
manage
assets,
explore
new
investment
opportunities,
and
seize
valuable
financial
opportunities
with
ease.

Website
｜

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｜

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About
Jumio

Jumio
helps
organizations
to
know
and
trust
their
customers
online.
From
account
opening
to
ongoing
monitoring,
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
helps
you
fight
fraud
and
financial
crime,
onboard
good
customers
faster
and
meet
regulatory
compliance
including
KYC
and
AML.
Jumio
has
processed
more
than
1
billion
transactions
spanning
over
200
countries
and
territories
from
real-time
web
and
mobile
transactions. 

Based
in
Sunnyvale,
Jumio
operates
globally
with
offices
and
representation
in
North
America,
Latin
America,
Europe,
Asia
Pacific
and
the
Middle
East
and
has
been
the
recipient
of
numerous
awards
for
innovation.
Jumio
is
backed
by
Centana
Growth
Partners,
Great
Hill
Partners
and
Millennium
Technology
Value
Partners.

For
more
information,
please
visit

www.jumio.com.

Disclaimer: The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.