Security, safety, & compliance is foundational to everything we do. Alviere has made compliance and risk management a core priority since the company was founded. As a licensed and regulated entity throughout the United States and Puerto Rico, and Canada, the Alviere HIVE platform is built to comply with all federal and state financial regulations.
Regulatory and licensing requirements can differ when offering a financial product. Depending on the program, these requirements can include limited or extensive KYC as well as ensuring the end user rights are properly addressed, including clear information of the offering, privacy rights, as well as other requirements.
Offering financial products to consumers requires an in-depth understanding of the disclosures and agreements that need to be in place and are clearly communicated.
Continuous monitoring of all transactions flowing through the platform are examined using AI-driven fraud detection, and as warranted, manual reviews. Alviere continuously adjusts the review rules to only detect and capture fraudulent actions.
Alviere risk experts design and implement the best program for each client. There’s no one-size-fits-all approach, as every program element is an opportunity to adjust, depending on an organization’s risk appetite and objectives for the program. Risk mitigation and compliance is always at the forefront, from the first phase throughout each new program.
This is all part of the Alviere approach, where clients focus on driving core business, and we design a program to support driving those goals, all while staying safe, secure, and to comply with required regulations.
Financial products can extend the core business into new revenue, new customers, and to help retain existing customers. Managing regulatory compliance should be part of the decision with complete knowledge of the requirements by program. Alviere in-house compliance teams work directly with clients to build safe, secure programs to offer financial products.
Alviere provides comprehensive compliance, risk management, and security. This means full compliance and support for FDIC-insured bank accounts and strict Know Your Business (KYB) and Anti-Money Laundering (AML) standards and processes. Additionally, Alviere assures robust fraud and identity management protocols and PCI & SOC 2 certifications to safeguard your business, allowing your customers to operate with confidence and peace of mind.
Alviere is a licensed money transmitter. This allows the transfer of money or monetary value from one entity to another, often across borders. This can include businesses facilitating payments, sending remittances, or providing virtual currency exchange services. In addition to registering with FinCEN as a Money Services Business, Alviere has licenses throughout the U.S.
Alviere Accounts are covered by the Federal Deposit Insurance Corporation (FDIC) on a pass-through basis by Alviere's bank partners.
Alviere's enterprise embedded finance platform enables any organization to offer financial products and services. Learn more about each product in the HIVE platform.
