Why is geolocation needed?

Modified on Thu, 7 Aug at 4:58 PM

Geolocation helps us better protect our clients from financial crimes. We use geolocation data solely to check whether transactions are being made from distant or conflicting locations.

For example, if someone makes a transaction in Rome and at the same time we detect another transaction in Sydney, our system sends an alert. This allows us to detect and notify clients of suspicious activity and take immediate action to protect them and the funds in their accounts.

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