Veriphi will never share your personal information with any third party without your consent. We only collect the information necessary to remain compliant and protect our users from fraud. We share payment-related information to our partner payment processing and banking institutions, such as the names and contact information of recipients and senders as well as transaction amounts and account details. This is the minimum requirement for transactions to take place.
We will never share this data with government authorities unless required to do so by law or have reasonable grounds to believe that you are using our services to launder money or finance terrorist organizations. If we believe that users are using this service to launder money or fund terrorist activities, we will file a suspicious transaction report to FINTRAC.