Tevau Partners with Jumio to Enhance Identity Verification and AML Compliance

Tevau, a leading blockchain payment solution provider, has announced a strategic partnership with Jumio, a prominent provider of automated, AI-driven identity verification, risk signals, and compliance solutions. This collaboration is set to enhance the onboarding experience for Tevau's global users while ensuring adherence to Anti-Money Laundering (AML) regulatory requirements.

Tevau is focused on building next-generation payment infrastructure by issuing blockchain-powered cards for the convenient daily use of digital assets. As digital transactions become increasingly crucial, Tevau aims to offer a swift onboarding process while mitigating risks of fraud and illicit activities through the integration of Jumio's advanced identity verification solutions.

Mac Li, Founder & CEO at Tevau, expressed enthusiasm about the partnership, stating, 'We are delighted to partner with Jumio. Our users now can enjoy an easy and fast KYC procedure. 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.' Frederic Ho, VP of APAC at Jumio, added, '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.'

Tevau is preparing to introduce both physical and virtual cards that will convert digital assets to fiat currency in the backend, simplifying everyday transactions for users and merchants alike. This innovation means that merchants do not need to integrate blockchain payment tools, thus making transactions smoother.

In a significant move towards regulatory compliance, Tevau has secured the Money Services Business (MSB) license in America and the Trust or Company Service Provider (TCSP) license in Hong Kong, demonstrating its commitment to the highest standards of financial regulation.

Additionally, Tevau has launched an ambassador program to engage and reward its community. These advancements underscore Tevau's dedication to enhancing user experience and expanding the possibilities for blockchain payment solutions.