Financial access for all
Bancore's Know Your Customer system, paired with the unique technology which allows Bancore to serve as the safe connecting link between businesses and people via the mobile phone, means that the need for further identification of senders and receivers is eliminated.
For an overview of our current end user services, please take a look at the menu at the top of this section. Bancore is continually developing new features to enable end users to partake fully in the digital economy.
Security & Compliance
Bancore employs the highest standards of security. Bancore's systems are continually monitored by our security team deploying state-of-the-art fraud monitoring systems.
Bancore has obtained a Payment Card Industry Data Security Standard certification (PCI DSS) which is the same as required by banks. Our virtual payment cards are subject to the same security standards and guarantees for funds which are standard to any VISA®or MasterCard®.
Bancore's advanced KYC validation system for transactions ensures full transparency of the identity of users and recipients. This, combined with the transaction velocity system monitoring a range of parameters, allows Bancore to offer a unique best practice authentication platform for high volume markets, including the emerging ones.
Bancore is developing its business in close collaboration with established financial businesses such as VISA® and MasterCard®, who see the importance and potential in developing innovative, mobile solutions for money transfer and payments.