NORVAPAY™ corporate document
Risk Assessment
Farida Investments LLC · Last updated: June 2026
Operational risk
Service availability may be affected by maintenance, infrastructure, or partner dependencies. Mitigations include monitoring, alerting, and graceful degradation.
Compliance risk
Evolving regulatory requirements are managed through KYC/AML controls, policy reviews, and a staged rollout aligned to partner onboarding.
Fraud risk
Account takeover and transfer fraud are mitigated via identity verification, device tracking, login alerts, and tiered limits.
Partner risk
Banking, ACH, and card capabilities are Pending Partner Onboarding. The platform does not represent any partner relationship as active until formally onboarded.
Liquidity & settlement
Phase 1 operates without bank settlement rails; regulated money movement is gated behind licensed partner onboarding.