Before we let people use our platform, we need to make sure they are who they say they are.
As a registered MSB in Canada, we need to follow strict KYC, AML, and ATF policies outlined by FINTRAC. Verification is a big part of those policies. It’s just one of the ways we’re working to prevent fraud, increase security, and keep your funds safe.
MSB - Money Services Business
KYC - Know Your Client
AML - Anti-Money Laundering
ATF- Anti-Terrorist Financing
FINTRAC - Financial Transactions and Reports Analysis Centre of Canada