When sending money across borders, it’s important to use a platform that you can trust to protect your personal information. With Veem, you can rest assured that your identity is safe and secure. In this article, we’ll discuss how Veem protects your identity and personal information.
One of the ways that Veem protects your identity is through encryption. Veem uses end-to-end encryption to protect all data that is transmitted and stored on the platform. Encryption helps to protect sensitive data such as credit card numbers, personal identification information (PII), and other confidential information that may be exchanged during a payment transaction. Encryption converts this data into an unreadable format that can only be decrypted with the appropriate decryption key, making it much more difficult for cybercriminals to intercept and misuse the data.
Veem also leverages multi-factor authentication to ensure that only authorized users can access your account. Multi-factor authentication requires users to provide two or more forms of verification to log in. This helps prevent unauthorized access to your account and ensures that your personal information is protected.
Veem is compliant with several regulations and standards to ensure the protection of your personal information. These regulations include:
SOC 2 Security Compliance SOC2 (Service Organization Control 2) is a security standard developed by the American Institute of Certified Public Accountants (AICPA). It is designed to assess and validate a company’s information security policies, procedures, and controls related to the security, availability, processing integrity, confidentiality, and privacy of its systems.As a result of our SOC2 Compliance, Veem can assure that our customers’ data is protected and that Veem is actively following industry best practices for security.
PCI DSS Compliance with PCI DSS is mandatory for all organizations that accept credit card payments. Veem is fully compliant with the Payment Card Industry — Data Security Standard (PCI-DSS) — a set of requirements that help companies process, store, or transmit payment card information safely. This includes requirements for secure network architecture, encryption, access control, and regular testing and monitoring of security controls.
GDPR The General Data Protection Regulation (GDPR) is a comprehensive privacy regulation established by the European Union (EU) that governs the processing of personal data of EU citizens. It aims to protect the privacy rights of individuals and promote the responsible use of personal data by organizations. Compliant with the General Data Protection Regulation, Veem ensures that we are transparent about how we collect and manage customer data. You can learn more about Veem’s Privacy Policy at any time on our website.
Veem also uses brute fraud detection tools to help protect your identity and personal information. These tools use machine learning algorithms to detect suspicious activity and prevent fraud. This helps ensure that your account is protected from unauthorized transactions and your personal information is safe.
Veem provides users with several controls to help them manage their personal information and ensure their security. These controls include:
In conclusion, Veem takes the protection of your identity and personal information seriously. With encryption, multi-factor authentication, compliance with regulations, user controls, and fraud detection, Veem provides a secure platform for sending and receiving money across borders. Learn more about Veem’s security and find out why Veem is trusted by over 700,000 users worldwide. You can also book a demo with sales to learn more about how Veem can help you send safe and secure payments globally.
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