Security

# Security at SendMoney Your money and your data deserve the highest level of protection. Here's how we deliver it. --- ## Fund protection Your dollars are held with regulated banking and custodial partners. We never co-mingle customer funds with operating capital. - **Banking partners:** Customer funds are held at FDIC-insured partner banks (up to applicable limits) - **Segregated accounts:** Your funds are held in segregated accounts, separate from SendMoney's operating funds - **No speculation:** We do not use customer deposits for proprietary trading or speculative investments - **Audited:** Regular third-party audits verify that customer funds are fully accounted for --- ## Platform security | Area | Protection | |------|-----------| | **Encryption** | All data encrypted in transit (TLS 1.3) and at rest (AES-256) | | **Authentication** | Multi-factor authentication (MFA) available for all accounts. Biometric via mobile app | | **Fraud monitoring** | Real-time transaction monitoring detects and blocks suspicious activity 24/7 | | **Session security** | Automatic timeouts, device management, and login notifications | | **Infrastructure** | Enterprise-grade cloud with redundancy, failover, and 99.9%+ uptime targets | | **Penetration testing** | Regular testing by independent security firms | --- ## Compliance - **Licensed:** Operates under applicable money transmitter licenses - **KYC/AML:** Know Your Customer and Anti-Money Laundering programs in compliance with federal and state requirements - **Regulatory alignment:** Architecture designed for alignment with GENIUS Act and CLARITY Act frameworks - **Data protection:** Privacy practices compliant with applicable data protection laws. See our [Privacy Policy](/legal/privacy) --- ## Report a security issue If you discover a security vulnerability, please report it responsibly. **Email:** [email protected] We take all reports seriously and will respond within 24 hours. We do not pursue legal action against good-faith security researchers.