Effective Date: March 10, 2026. Last Updated: March 10, 2026.
These Terms and Conditions ("Terms") constitute a legally binding agreement between Verifilite Inc. ("Verifilite", "we", "us", or "our") and any individual or entity ("Merchant" or "you") that accesses or uses the Verifilite platform, including the website at verifilite.com, APIs, SDKs, widgets, and dashboard (collectively, the "Platform").
By registering for an account, accessing the Platform, or using any of our services, you acknowledge that you have read, understood, and agree to be bound by these Terms and our Privacy Policy, which is incorporated herein by reference. If you do not agree, you must not use the Platform.
If you are using the Platform on behalf of a company or other legal entity, you represent and warrant that you have the authority to bind that entity to these Terms.
Verifilite provides a technology platform that enables businesses to perform AI-powered identity verification, anti-money laundering screening, and related compliance functions. The Platform is a software tooling service. Verifilite is not a regulated financial institution, a licensed KYC provider, a legal services provider, or a compliance consultant. Nothing on the Platform constitutes legal, regulatory, financial, or compliance advice.
The use of the Platform does not guarantee compliance with any applicable law, regulation, or regulatory requirement. Merchants are solely responsible for ensuring that their use of the Platform satisfies all applicable regulatory and legal obligations in every jurisdiction in which they operate.
To use the Platform, you must: (a) be at least 18 years of age; (b) have the legal capacity to enter into binding contracts; (c) not be prohibited from using the Platform under applicable law; and (d) provide accurate, current, and complete registration information.
You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. You must notify us immediately of any unauthorised use of your account. We are not liable for any loss or damage arising from your failure to protect your credentials.
By using the Platform, you represent, warrant, and agree that you will:
Verifilite processes End User verification data on behalf of the Merchant. As between Verifilite and the Merchant, the Merchant is the data controller and retains all responsibility for the lawful processing of End User data. Verifilite assumes no liability for the Merchant's data handling practices, data breaches on the Merchant's systems, or any failure by the Merchant to comply with data protection laws.
Verification data is made available to the Merchant for download during the Retention Window. Upon expiry of the Retention Window, Verifilite deletes the data. Verifilite is not responsible for any data that the Merchant fails to retrieve during the Retention Window and assumes no obligation to reconstruct or recover deleted data.
The on-chain identity verification module and the non-custodial wallet infrastructure are provided as technology tools only. Verifilite does not provide custody services, financial services, payment services, or money transmission services. Merchants using the wallet infrastructure module are solely responsible for ensuring that their use of such features complies with all applicable financial regulations, licensing requirements, and money services laws in their jurisdiction.
Verifilite does not store, access, or control any private keys in connection with the wallet infrastructure module. Verifilite is not liable for any loss of funds, failed transactions, smart contract vulnerabilities, or any other financial loss arising from the use of the on-chain or wallet modules.
AML screening results are generated by automated comparison against third-party databases. Screening results are provided for informational purposes only and do not constitute a definitive determination of any individual's legal status, regulatory standing, or risk profile. Verifilite makes no representation as to the accuracy, completeness, or timeliness of third-party screening databases.
Merchants must not rely solely on Verifilite's AML screening results to satisfy their regulatory obligations. Merchants are responsible for conducting additional due diligence as required by applicable law and for making all final compliance determinations independently.
Access to the Platform is subject to the fees set out on the pricing page or as agreed in a separate order form. All fees are exclusive of applicable taxes, which are the Merchant's responsibility. We reserve the right to modify fees upon reasonable notice. Continued use of the Platform following notice of a fee change constitutes acceptance of the revised fees.
Failure to pay fees when due may result in suspension or termination of your account. All fees paid are non-refundable except as expressly stated in these Terms or required by applicable law.
All intellectual property rights in the Platform, including software, algorithms, documentation, designs, trademarks, and content, are owned by or licensed to Verifilite. Nothing in these Terms grants you any ownership right or licence in the Platform other than the limited right to use it as expressly set out herein.
You grant Verifilite a non-exclusive, royalty-free licence to process data submitted through the Platform solely for the purpose of providing the services to you.
THE PLATFORM IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, VERIFILITE DISCLAIMS ALL WARRANTIES, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, ACCURACY, RELIABILITY, NON-INFRINGEMENT, AND ANY WARRANTIES ARISING FROM COURSE OF DEALING OR USAGE OF TRADE.
VERIFILITE DOES NOT WARRANT THAT: (A) THE PLATFORM WILL MEET YOUR REQUIREMENTS OR ACHIEVE ANY PARTICULAR RESULT; (B) THE PLATFORM WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE; (C) VERIFICATION RESULTS WILL BE ACCURATE OR COMPLETE; OR (D) ANY DEFECTS IN THE PLATFORM WILL BE CORRECTED.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, VERIFILITE, ITS DIRECTORS, OFFICERS, EMPLOYEES, AFFILIATES, AGENTS, AND LICENSORS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, REVENUE, DATA, GOODWILL, BUSINESS OPPORTUNITIES, OR OTHER INTANGIBLE LOSSES, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF OR INABILITY TO USE THE PLATFORM, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
IN NO EVENT SHALL VERIFILITE'S AGGREGATE LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THESE TERMS OR THE PLATFORM EXCEED THE TOTAL FEES PAID BY YOU TO VERIFILITE IN THE THREE (3) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM.
SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF CERTAIN WARRANTIES OR DAMAGES. IN SUCH JURISDICTIONS, OUR LIABILITY IS LIMITED TO THE MAXIMUM EXTENT PERMITTED BY LAW.
You agree to indemnify, defend, and hold harmless Verifilite and its directors, officers, employees, affiliates, and agents from and against any and all claims, damages, losses, costs, and expenses (including reasonable legal fees) arising out of or relating to: (a) your use of the Platform; (b) your breach of these Terms; (c) your violation of any applicable law or regulation; (d) your failure to obtain lawful consent from End Users; (e) any claim by an End User arising from your use of their data; or (f) any infringement of third-party rights by you.
We reserve the right to suspend or terminate your access to the Platform at any time, with or without notice, if we reasonably believe you have violated these Terms, engaged in fraudulent or illegal activity, or if required by law or a regulatory authority. Upon termination, your right to access the Platform ceases immediately.
You may terminate your account at any time by contacting us. Termination does not relieve you of any obligations accrued prior to termination, including payment of outstanding fees.
These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, United States, without regard to its conflict of law provisions. Any dispute arising out of or in connection with these Terms that cannot be resolved amicably shall be submitted to binding arbitration in accordance with the rules of the American Arbitration Association. The arbitration shall be conducted in English. Notwithstanding the foregoing, either party may seek injunctive or other equitable relief in any court of competent jurisdiction.
You agree that any claim against Verifilite must be brought in your individual capacity and not as a plaintiff or class member in any purported class action or representative proceeding.
We reserve the right to modify these Terms at any time. We will provide notice of material changes through the dashboard or by email. Your continued use of the Platform after the effective date of any modification constitutes acceptance of the revised Terms.
If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect. These Terms, together with the Privacy Policy, constitute the entire agreement between you and Verifilite with respect to the subject matter hereof and supersede all prior agreements, understandings, and representations.
For questions regarding these Terms, contact us at: legal@verifilite.com or through the contact form at verifilite.com/contact-us.