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2011 (15 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know SimplyTapp
Company Information
Get to know SimplyTapp
Founded in 2011, SimplyTapp, Inc. was a financial technology company that developed a cloud-based platform enabling card-issuing banks, merchants, and developers to leverage Host Card Emulation (HCE) for mobile payments. Their core technology allowed standard Android smartphones with NFC capabilities to emulate a contactless payment card, removing the need for a hardware-based Secure Element (SE) on the device. This innovation significantly lowered the barrier for banks to create their own branded mobile wallet applications. In May 2015, the company was acquired by Capital One to integrate its technology and talent into Capital One's digital wallet and mobile payment initiatives.
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