Our Company
We are a recognized organization that lends cryptocurrency and engages in approved computerized resource speculating. We are a New York trust company run by the Department of Financial Services for the State of New York (NYSDFS). We create platforms for critical dialogues while aiming for the highest levels of fairness, accuracy, objectivity, and responsible reporting. .
Board
We are dedicated to offering a service that leads the market by utilizing fair and transparent pricing, extensive customer assistance, as well as authorization and regulation from the Financial Conduct Authority (FCA).
We give our clients access to a wide selection of excellent investment choices while upholding security and liquidity, facilitating a secure and effective investing environment for everyone.
By educating the upcoming generation of investors on how cryptocurrencies and other digital assets are advancing the development of the world financial system, we hope to spread awareness of digital currency around the world.
General Provisions
Even if your registration is incomplete or abandoned, the personal information you submit during the account creation process will be kept on file for a year.
Fulfillment Of a Contract
Based on the contractual relationship with our clients, we process personal data to provide our services and goods as well as information about such products and services (i.e., to fulfil our contractual obligations). Additionally, the processing of personal data is done to make it possible for our client onboarding process to be completed.
Considering the abovementioned, we must confirm your identification before accepting you as a client, and we will use your personal information to administer your trading account with us. This can involve outside parties doing identity or credit checks on our behalf. We must use your personal information to identify you to meet our legal and regulatory "Know Your Customer" and customer due diligence obligations.
Compliance with a legal obligation
There are a few legal obligations imposed by relevant laws to which we are subject, as well as specific statutory requirements e.g., anti-money laundering laws, financial services laws, corporation laws, privacy laws and tax laws. There are also various supervisory authorities whose laws and regulations apply to us. Such obligations and requirements imposed on us are necessary personal data processing activities for identity verification, payment processing, compliance with court orders, tax laws or other reporting obligations and anti-money laundering controls.
These obligations apply at various times, including client on-boarding, payments and systemic checks for risk management.
For safeguarding legitimate interests
We process personal data to protect the legitimate interests that we or a third party are pursuing. If we need to use your information for a business or commercial purpose, it is a legitimate interest. The following is an example of such processing activities:
- Launching legal proceedings and getting ready for our defense;
Methods and procedures we implement to ensure the Company's IT and system security, as well as asset security, access restrictions, and crime prevention;
- Measures for running the company and advancing the development of goods and services;
In order to update and/or validate your personal data in line with the applicable anti-money laundering compliance requirements, your data may be shared throughout the Payward Inc. group of organizations.