Jumio enables real-time automated ID verification, safeguarding customer data and ensuring KYC/AML compliance.
At Crypto Arbitrage we use third-party tools to monitor and analyze the use of our Services, and to automate certain processes related to the development and operation of our Services.
One of these processes is identity verification at the account opening stage where we will request that you upload either your: 1) National ID card/book, 2) Passport, 3) National driving license.
We require one of these documents to verify that the Crypto Arbitrage account application is not fraudulent and to do this we need to utilise a third-party service, namely JUMIO.
- Jumio: We may make use of Jumio ID Verification Solutions https://www.jumio.com/products/id-verification/ to verify the ID document of the applicant so that we may abide by KYC and AML requirements as stipulated by the regulators in the jurisdictions in which we operate.
Jumio makes use of informed AI to verify the authenticity of your identity documents compared to a large dataset of other national identity documents of the same kind, making spotting forgeries or manipulated documents easy to identify.
If Jumio notifies Crypto Arbitrage that there is a suspected case of fraudulent document upload we reserve the right to cancel your application and refuse future applications indefinitely.