Verisoul Biometric Information Consent Form

Effective Date: 12.15.2022

Verisoul Inc., a USA Delaware Corporation

BY CLICKING “I AGREE,” OR AFFIRMATIVELY MARKING A CHECKBOX, YOU ACKNOWLEDGE AND AGREE THAT YOU HAVE READ, AND CONSENT TO AND AUTHORIZE VERISOUL’S COLLECTION, STORAGE, RETENTION, USE, AND DISCLOSURE OF BIOMETRIC INFORMATION AS SET FORTH HEREIN.

Welcome to Verisoul. Verisoul helps Businesses (our “Customers”) trust the person on the other end of every interaction by attempting to detect and prevent fraudulent activity. Verisoul has created a biometric verification process that allows you to verify that you’re a real, unique person without requiring your government issued identification. To provide our verification and fraud prevention services (the “Services”) to our Customers, we will need to collect certain information from or about you, including biometric information. Note that the biometric information we collect is stored in a vectorized and non-reversible pseudonymous format, and that the information is never sold or shared.

Please read this consent form carefully. You understand that you are free to decline to provide biometric identifiers and biometric information to Verisoul. Please contact us at support@verisoul.xyz if you have any questions. This consent form is subject to our Privacy Policy and Terms of Use.

Biometric Information

The Illinois Biometric Information Privacy Act, 740 ILCS 14/1, et seq. (“BIPA”), regulates the collection, storage, use, and retention of “biometric identifiers” and “biometric information.” “Biometric identifier” means a retina or iris scan, fingerprint, voiceprint, or scan of hand or face geometry. Biometric identifiers do not include writing samples, written signatures, photographs, human biological samples used for valid scientific testing or screening, demographic data, tattoo descriptions, or physical descriptions such as height, weight, hair color, or eye color. “Biometric information” means any information, regardless of how it is captured, converted, stored, or shared, based on an individual’s biometric identifier used to identify an individual.

To verify you’re a real, unique person and to detect and prevent fraud by users across different Verisoul Customers, we will conduct a FaceScan to extract your FacePrint and capture a VoiceScan to extract your VoicePrint . Depending on how our service is deployed by our customer, this may be done upon account creation, re-authentication, and/or if we suspect that the account has been compromised, is fraudulent, or has been sold. The FaceScan and VoiceScan are transformed into a FacePrint and a VoicePrint, which are non-reversible vectors and contain no image or audio data. Only FacePrints and VoicePrints are stored. We will use your unique FacePrint and VoicePrint to link your identity to any other accounts you have with our other Customers. We do not use this biometric information for any other purposes than providing the identity verification and fraud prevention Services to our Customers.

Other Important Considerations

Disclosure:

We do not disclose your biometric information to any customers. We use third party service providers to host and process information for us and/or make certain services, features or functionality available to our users on our behalf. Such service providers are contractually restricted with respect to their use and disclosure of information they host and process for us.

Retention:

We store your biometric information in a non-reversible vectorized and encrypted format. We will destroy your biometric identifiers and biometric information when the initial purpose for collecting or obtaining those identifiers and information has been satisfied or within three years from your last interaction with us, whichever comes first . We store all other personal data in compliance with our legal obligations, our Privacy Policy, and/or as required by agreements we have in place with our Customers.