Drey Finance will need to integrate Know Your Customer service providers into its application/framework. More than likely, we will require multiple KYC providers to cover all disparate geographies.
Initiative / goal
KYC is imperative for prevent fraud occurring by users who assume the identities of dead/deceased users to continue receiving annuity streams.
Hypothesis
KYC is very important to Drey Finance for a few reasons. First, we must use KYC to fight fraud in regards to users getting monthly distributions of crypto that they are not entitled to. Second, we must use KYC to make it hard to use our platform for money laundering of any kind.
Acceptance criteria and must have scope
Any KYC process that Drey Finance implements must be as frictionless of the user experience as possible. Examples of vendors we can implement are IDNow and Jumio, Onfido. All have APIs worth looking at.
Description
Drey Finance will need to integrate Know Your Customer service providers into its application/framework. More than likely, we will require multiple KYC providers to cover all disparate geographies.
Initiative / goal
KYC is imperative for prevent fraud occurring by users who assume the identities of dead/deceased users to continue receiving annuity streams.
Hypothesis
KYC is very important to Drey Finance for a few reasons. First, we must use KYC to fight fraud in regards to users getting monthly distributions of crypto that they are not entitled to. Second, we must use KYC to make it hard to use our platform for money laundering of any kind.
Acceptance criteria and must have scope
Any KYC process that Drey Finance implements must be as frictionless of the user experience as possible. Examples of vendors we can implement are IDNow and Jumio, Onfido. All have APIs worth looking at.
Stakeholders
All.
Timeline
TBD