Retail FX and CFDs broker IronFX has announced that it has taken a significant step to harness the potential of messaging apps while ensuring compliance, inking an agreement with messaging platform provider Convrs.
Messaging apps are ubiquitous and easily accessible, but using personal messaging accounts for business can lead to compliance issues. When Forex agents use their personal accounts on personal devices to communicate with clients, it poses significant compliance risks. These personal accounts cannot be monitored or documented, which prevents the necessary control and regulation to ensure the security and privacy of clients. This is especially crucial in the tightly regulated Forex industry. So, how can businesses use messaging apps in a compliant manner?
IronFX has partnered with Convrs, an Omnichannel Messaging Platform, to address this challenge. Through the Convrs Platform, IronFX can integrate and utilize preferred messaging apps for compliant…
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