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BioID

BioID Logo LCX

BioID is a German biometrics company, founded in 2007 in Erlangen and originated from the German research institute Fraunhofer IIS. Developing proprietary software for face liveness detection and facial recognition, the portfolio also includes PhotoVerify, a software for verifying document ownership biometrically for remote identity proofing. All technologies are consolidated in the BioID Web Service, offering them as a cloud service via APIs. With its facial recognition and face liveness detection software, BioID develops sensor-agnostic solutions, compatible with any standard camera. 

BioID applications range from anti-spoofing for existing facial recognition systems to verification of ID document ownership, e-signing, and multi-factor-authentication for login scenarios. 

LCX Partners with BioID on Crypto Compliance: AI-Powered Biometrics for Identity Proofing.

BioID.com/

Elliptic

Elliptic LCX

Elliptic is the global leader in crypto assets risk management solutions for crypto businesses and financial institutions worldwide. Recognized as a WEF 2020 Technology Pioneer and backed by investors including Wells Fargo Strategic Capital, SBI Group, and Santander Innoventures, Elliptic has assessed risk on transactions worth several trillion dollars, uncovering activities related to money laundering, terrorist fundraising, fraud, and other financial crimes. Elliptic is headquartered in London with offices in New York, Singapore, and Tokyo. 

LCX and Elliptic Partner to Innovate Crypto Compliance

Elliptic.co

Is LCX regulated? What is the legal setup of LCX?

Yes.

LCX AG is regulated by the Financial Market Authority of Liechtenstein under the registration No. 288159 as a trusted technology service provider. LCX is subject to the same supervision standards and compliance due diligence (KYC and AML) rules like a financial institution or a licensed bank.

LCX AG is a company registered in Liechtenstein No. FL-0002.580.678-2.

In 2018 LCX AG has been granted a Business License of the Liechtenstein Ministry of Economic Affairs to conduct its business in Liechtenstein (Gewerbebewilligung). Link to PDF.

In 2020 LCX AG has gained regulatory approval to operate the following services under Registration Nr. 288159 :
– TT Exchange Service Provider
– TT Token Depositary
– TT Key Depositary
– TT Price Service Provider
– TT Identity Service Providers
– Token Generator
– Token Issuer on its own
– Token Issuer on behalf of the clients

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About LCX

LCX is a new kind of global financial technology company.

LCX, the Liechtenstein Cryptoassets Exchange, is Empowering The Blockchain Industry.

LCX.com is a secure and compliant platform for buying, selling, transferring, managing and storing digital currency.

LCX AG was founded in 2018 with headquarters in Vaduz (Liechtenstein) and branches in Crypto-Valley Zug (Switzerland) and New Delhi (India).

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