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Crypto Financial allows anyone with an account with them to setup an exchange without the need to setup their own banking ties, all fiat related service are handled by Crypto Financials
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@Crypto Financial: Can you confirm/deny?
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@Anonymousg64: I think you're mistaken, but waiting for Crypto Financial's response.
Crypto Capital provides you the customers and the exchange with bank accounts. You only need to verify your identity to us and not to the exchanges as they will only act as software providers.
Real world example:
You want to buy stocks, you open an account and provide your personal information to a Broker which is licensed to accept your funds and opens you an account.
You fund your account. The broker provides you with trading software so you can by stocks; no need to trust or provide your information to the trading software provider, they are a software company, not a financial one.
The exchanges that work with us will be provided a bank - escrow account with us. They will receive funds and send funds internally within our banking platform to our customers.
Hope this clears this up!
http://cryptocapital.co