Risk & Compliance

CRYPTO CARD > Risk & Compliance

Our Commitment to Security and Regulatory Compliance

At CryptoCard AG i.G., we prioritize the security of your assets and personal information. As a provider of innovative payment solutions bridging traditional banking and cryptocurrency, we adhere to the highest standards of risk management and regulatory compliance.

Regulatory Framework

Our payment card services operate within a comprehensive regulatory framework that includes:

  • Financial Services Licensing: We maintain all necessary licenses required by relevant financial authorities.
  • Anti-Money Laundering (AML): Our robust AML program prevents illegal fund transfers and financial crime.
  • Know Your Customer (KYC): We verify the identity of all our customers to prevent fraud and ensure compliance with international regulations.
  • Counter-Terrorism Financing (CTF): We implement measures to prevent the use of our services for terrorism financing.

Cryptocurrency Compliance

Our crypto-to-card funding feature adheres to additional compliance measures:

  • Source of Funds Verification: We validate the origin of cryptocurrency funds being converted to fiat currency.
  • Blockchain Analysis: We utilize advanced blockchain analytics to ensure the cryptocurrencies used come from legitimate sources.
  • Regulatory Reporting: We fulfill all reporting requirements related to cryptocurrency transactions as mandated by relevant authorities.

Risk Management Approach

We employ a multi-layered risk management strategy:

1. Prevention

  • Advanced fraud detection systems
  • Real-time transaction monitoring
  • Multi-factor authentication
  • Secure encryption protocols

2. Detection

  • AI-powered anomaly detection
  • Behavioral analytics
  • Pattern recognition algorithms
  • 24/7 security monitoring

3. Response

  • Immediate transaction freezing capabilities
  • Incident response team
  • Customer alert systems
  • Regulatory reporting protocols

User Protection Measures

We implement several measures to protect our users:

  • Transaction Limits: Daily and monthly limits on transactions to minimize potential losses
  • Spending Controls: User-defined controls to limit where and how the card can be used
  • Instant Notifications: Real-time alerts for all card activities
  • Emergency Blocking: Ability to instantly block your card if lost or stolen
  • Dispute Resolution: Clear procedures for transaction disputes

Privacy Commitment

We are committed to protecting your privacy:

  • Data Minimization: We collect only the information necessary for providing our services
  • Secure Storage: All personal data is encrypted and stored securely
  • Controlled Access: Limited employee access to personal information
  • Transparent Policies: Clear communication about how your data is used
  • User Rights: Easy access to your data and the right to request its deletion

Ongoing Compliance Updates

The regulatory landscape for payment services and cryptocurrencies continues to evolve. We commit to:

  • Regular updates to our compliance policies
  • Proactive adaptation to new regulations
  • Continuous staff training on compliance matters
  • Regular independent audits of our compliance programs

Contact Our Compliance Team

If you have questions or concerns regarding our risk management or compliance practices, please contact our dedicated compliance team at compliance@crypto-card.ch.

This information is updated as of March 2025. For the most current information on our risk and compliance policies, please refer to our Terms of Service and Privacy Policy.