Tevau & Jumio to Strengthen Identity Verification and AML Compliance

Tevau, the leading blockchain payment solution provider, 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.

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