When it comes to your money – there’s no compromise. Veem is invested in the security of your account. Rest assured your transactions are in good hands.
We use sophisticated, industry-leading security protocols and technology to secure sensitive information. All information stored, shared or uploaded on the platform is encrypted with the most advanced tools commercially available. Veem is Comodo certified. Furthermore, because we don’t assume positions in the market ourselves, we run on an inherently low risk business model.
Veem’s business is overseen by multiple regulatory agencies tasked with ensuring safety of customer funds and preventing misuse of financial services. Veem is registered as a Money Services Business with the Financial Crimes Enforcement Network (“FinCEN”), United States Department of Treasury, MSB Registration No. 31000107181752 and Veem Payments holds licenses for money transmission.
Your information and the security of your payments is an absolute priority for Veem. Now you can have the added peace of mind by knowing that Veem is insured against theft and external hacking and for losses due to operational errors and omissions. Veem’s insurance policies would respond in the event that funds in its possession are lost or stolen as a result of a breach of its physical security, cyber security, or as a result of employee theft. Similarly, Veem is covered if funds are lost due to errors or omissions in Veem’s operations. Veem’s insurance policies contain standard policy exclusions, such as force majeure events, and are subject to deductibles that Veem would cover. Veem works with insurance carriers that hold high financial strength and credit ratings from external ratings agencies (A.M. Best, Standard & Poor’s and Fitch).