Verification, screening and monitoring
Compliance is part of the product, not an afterthought. Every customer is verified, every transaction is screened, and every decision is recorded.
Customer verification (KYC)
Individual customers complete identity verification before transacting. Verification statuses are: Not Started, Pending, Submitted, Under Review, Approved, Rejected, Additional Information Required and Suspended.
No identity verification provider is connected yet. Verification results are never simulated or assumed.
Business verification (KYB)
Business customers provide entity details, directors, beneficial ownership, expected volumes, expected corridors and source of funds. Additional documentation may be requested depending on jurisdiction and provider requirements.
Transaction monitoring and screening
- Sanctions and politically exposed person screening
- Adverse media screening where the provider supports it
- Amount, velocity and frequency monitoring
- Origin and destination risk assessment
- Beneficiary change and multiple-account detection
- Device and network risk signals
Risk outcomes
Transactions are classified as Low Risk, Medium Risk, High Risk, Manual Review or Rejected. Where additional review is required we say so plainly: additional review required. We do not make accusations, and a review is not a finding of wrongdoing.
DFX Globals is a financial technology platform. Certain payment and FX services may be provided through regulated third-party financial institutions and payment providers. DFX Globals is not a bank and does not claim any licence or regulatory registration unless verified details are published on the Legal Information page.