Bitcoin/Banking

Paxful: leading player in West Africa’s Bitcoin market, rolls out security globally

By Moses Nosike

Paxful, a peer-to-peer Bitcoin marketplace, recently announced its teamed up with Jumio, a digital identity and address verification company to improve Anti-Money Laundering (AML) procedures and implement Know Your Customer (KYC) requirements at the marketplace. Jumio’s AI-powered trusted identity service and verification process will help minimize risk and ensure that users have submitted proper documentation.

File: Bitcoin

According to the management source, Jumio’s end-to-end identity verification and authentication technologies will be used to figh…
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