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Veratad s IDresponseSM suite of solutions has been selected by BlockSafe to verify customer identity and assist with KYC/AML Compliance
Image: 0_medium_image001.png
TEANECK, N.J., Oct. 16, 2018 (GLOBE NEWSWIRE) -- Veratad Technologies, LLC,
(Veratad), an innovative and industry-leading provider of comprehensive online
tools to better know your customers and comply with federal regulations,
announced today it has been selected by BlockSafe Technologies, Inc. (BlockSafe)
to provide its identity verification and KYC/AML tools aimed at assisting
BlockSafe with KYC and AML compliance efforts.
Blockchain cybersecurity company BlockSafe secures the blockchain ecosystem with
a suite of solutions that protect against an array of cyber vulnerabilities.
BlockSafe has launched the presale round of their SEC compliant security token
offering and the BlockSafe ERC-20 security token (BSAFE ), is a
revenue-generating security token in full compliance with SEC securities
regulations.
In order to assist BlockSafe with the compliance requirements associated with
their ICO, Veratad is making available its full suite of IDresponse cloud-based
KYC verification services, including IDMatch+COMPLYSM, which performs an
identity verification on each new prospective investor as well as a
comprehensive check against databases for Sanctions and Politically Exposed
Persons (PEPs). The use of Veratad s solutions will form an important part of
BlockSafe s overall KYC and AML compliance strategy.
Veratad s identity verification solutions were easy to integrate and are
helping us meet our overall STO compliance requirements for KYC and AML, said
BlockSafe s CEO, George Waller. Adding Veratad to our layered compliance and
cybersecurity strategy for this new STO will assure our potential investors and
customers we understand the importance of protecting our ongoing success.
The Blockchain revolution certainly appears to be the biggest thing since the
dawn of the internet but it's not without the same security challenges we all
face on the Web, said John E. Ahrens, Veratad s CEO. We are proud to
participate in the success of a company like BlockSafe which is dedicated to
protecting blockchain networks and its users. We are also proud to be providing
our services to assist a company that takes its own security and compliance
obligations seriously.
Veratad is a leading global ID and age verification company with a full suite of
age and ID verification tools that satisfy a variety of regulatory requirements.
All of Veratad s solutions are available for individual or bundled deployment to
meet any combination of compliance requirements.
About BlockSafe
BlockSafe Technologies is the only US-based company that secures the blockchain
ecosystem from all angles: wallets, exchanges, and private blockchains.
BlockSafe Technologies is a subsidiary company of StrikeForce Technologies, Inc.
(OTCQB: SFOR), a leading provider of cyber security solutions for consumers,
corporations, and government agencies. BlockSafe Technologies has been granted
licensing rights to implement and distribute the patented, award-winning
cybersecurity technology offered by StrikeForce Technologies, Inc.
About Veratad
Veratad Technologies, LLC is a world class provider of online/real-time Identity
Verification and Knowledge Based Authentication Solutions for those who conduct
business on the Internet or any business that needs to verify an individual s
age or identity.
Veratad s verification solutions are designed to verify an individual s identity
and/or age while protecting sensitive personal data and promoting a high level
of consumer privacy.
Veratad is trusted by companies large and small and our customers include some
of the world s most well-known corporations that use our solutions to reduce the
risk of fraud, comply with financial regulatory requirements, provide a safer
online experience and act with a greater sense of social responsibility.
Media Contacts:
BlockSafe Contact
George Waller, CEO
P. (732) 661-9641
gwaller@blocksafetech.com
Veratad Contact:
Mallory Evron, Marketing
P. (201) 510-6000
Mevron@veratad.com
Image: Veratad Logo.jpg
Source: Veratad Technologies, LLC; BlockSafe Technologies, Inc.
Copyright 2018, GlobeNewswire News Provided by Acquire Media Corporatio
Veratad s IDresponseSM suite of solutions has been selected by BlockSafe to verify customer identity and assist with KYC/AML Compliance
Image: 0_medium_image001.png
TEANECK, N.J., Oct. 16, 2018 (GLOBE NEWSWIRE) -- Veratad Technologies, LLC,
(Veratad), an innovative and industry-leading provider of comprehensive online
tools to better know your customers and comply with federal regulations,
announced today it has been selected by BlockSafe Technologies, Inc. (BlockSafe)
to provide its identity verification and KYC/AML tools aimed at assisting
BlockSafe with KYC and AML compliance efforts.
Blockchain cybersecurity company BlockSafe secures the blockchain ecosystem with
a suite of solutions that protect against an array of cyber vulnerabilities.
BlockSafe has launched the presale round of their SEC compliant security token
offering and the BlockSafe ERC-20 security token (BSAFE ), is a
revenue-generating security token in full compliance with SEC securities
regulations.
In order to assist BlockSafe with the compliance requirements associated with
their ICO, Veratad is making available its full suite of IDresponse cloud-based
KYC verification services, including IDMatch+COMPLYSM, which performs an
identity verification on each new prospective investor as well as a
comprehensive check against databases for Sanctions and Politically Exposed
Persons (PEPs). The use of Veratad s solutions will form an important part of
BlockSafe s overall KYC and AML compliance strategy.
Veratad s identity verification solutions were easy to integrate and are
helping us meet our overall STO compliance requirements for KYC and AML, said
BlockSafe s CEO, George Waller. Adding Veratad to our layered compliance and
cybersecurity strategy for this new STO will assure our potential investors and
customers we understand the importance of protecting our ongoing success.
The Blockchain revolution certainly appears to be the biggest thing since the
dawn of the internet but it's not without the same security challenges we all
face on the Web, said John E. Ahrens, Veratad s CEO. We are proud to
participate in the success of a company like BlockSafe which is dedicated to
protecting blockchain networks and its users. We are also proud to be providing
our services to assist a company that takes its own security and compliance
obligations seriously.
Veratad is a leading global ID and age verification company with a full suite of
age and ID verification tools that satisfy a variety of regulatory requirements.
All of Veratad s solutions are available for individual or bundled deployment to
meet any combination of compliance requirements.
About BlockSafe
BlockSafe Technologies is the only US-based company that secures the blockchain
ecosystem from all angles: wallets, exchanges, and private blockchains.
BlockSafe Technologies is a subsidiary company of StrikeForce Technologies, Inc.
(OTCQB: SFOR), a leading provider of cyber security solutions for consumers,
corporations, and government agencies. BlockSafe Technologies has been granted
licensing rights to implement and distribute the patented, award-winning
cybersecurity technology offered by StrikeForce Technologies, Inc.
About Veratad
Veratad Technologies, LLC is a world class provider of online/real-time Identity
Verification and Knowledge Based Authentication Solutions for those who conduct
business on the Internet or any business that needs to verify an individual s
age or identity.
Veratad s verification solutions are designed to verify an individual s identity
and/or age while protecting sensitive personal data and promoting a high level
of consumer privacy.
Veratad is trusted by companies large and small and our customers include some
of the world s most well-known corporations that use our solutions to reduce the
risk of fraud, comply with financial regulatory requirements, provide a safer
online experience and act with a greater sense of social responsibility.
Media Contacts:
BlockSafe Contact
George Waller, CEO
P. (732) 661-9641
gwaller@blocksafetech.com
Veratad Contact:
Mallory Evron, Marketing
P. (201) 510-6000
Mevron@veratad.com
Image: Veratad Logo.jpg
Source: Veratad Technologies, LLC; BlockSafe Technologies, Inc.
Copyright 2018, GlobeNewswire News Provided by Acquire Media Corporatio
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