IronFX to Integrate iSignthis (ASX : ISX) Paydentity

Company Name: iSignthis

Announcement Date: 17/11/2016
Announcement Category: Contract/Partnership
Announcement Content:

Highlights:

- iSignthis to remotely verify IronFX customers

- IronFX to meet the EU's 4th AML Directive and PSD2 via iSignthis

iSignthis Ltd (ASX:ISX) is pleased to announce that it has entered into an agreement with the global leaders in online trading, IronFX. iSignthis will be providing IronFX with its full range of Paydentity services, including Digital KYC, Strong Customer Authentication, Fraud Prevention, Payment Gateway and Card Tokenisation. The service is set to go live in the next 3 months.

The award winning IronFX have 10 trading platforms and over 200 tradable instruments in forex, spot metals, futures, shares, spot indices and commodities. With more than 8 offices worldwide, IronFX operate in over 180 countries throughout Europe, Asia, the Middle East, Africa and Latin America.

The iSignthis system will enhance the current IronFX system by providing a complete identity and payments solution in one package. The service will open new markets with a global reach of any of the worlds 3.5Bn bank verified card and bank account holders. The Paydentity solution will increase IronFX user experience with automated on-boarding of paid customers in as little as 3 to 5 minutes, with the option of Card Tokenistion to store card details for future transactions.

IronFX will be able to authenticate all online transactions via iSignthis with the additional features of transaction monitoring, threshold management and advance reporting. iSignthis will also provide IronFX with compliance to the EU's 4th Anti-Money Laundering Directive and Payment Service Directive 2.

About IronFX
IronFX is the award-winning Global Leader in Online Trading. With 10 trading platforms, over 200 tradable instruments in forex, spot metals, futures, shares, spot indices and commodities, IronFX serves retail and institutional customers from over 180 countries in Europe, Asia, the Middle East, Africa and Latin America. With over 8 offices worldwide, providing support in over 45 different languages, IronFX clients can benefit from round-the-clock coverage delivered by one of the world's largest and most accomplished global client coverage teams. The IronFX customer-centric model combines bespoke trading functionality through its platforms with the widest suite of products to offer the best pricing, execution and liquidity.

Read more about the company at their website http://www.ironfx.com/en.

About iSignthis Ltd
iSignthis Ltd (ASX:ISX) is the global leader in dynamic, digital AML/CTF KYC identity proofing. Our Paydentity solution incorporates real time electronic verification to converge remote payment authentication and KYC identification. This delivers automated customer on-boarding with a global reach of any of the world's 3.5Bn financially included persons, no matter where they are located. iSignthis' unique solutions protect online customers whilst assisting merchants with CNP liability shift and providing operators with 100% confidence.


Announcement URL: http://www.abnnewswire.net/press/en/85394/
About iSignthis:

Australian Securities and Frankfurt Stock Exchange listed iSignthis Ltd (ASX : ISX / FRA : TA8) is the only neobank focussed on making business banking simpler. We are the global leader in remote identity verification, payment authentication and payment processing to meet AML/CFT requirements. iSignthis provides an end-to-end on-boarding service for merchants, with unified deposit taking, IBAN accounts, payments, card acquiring and identity service via our Paydentity and ISXPay® solutions.

By converging payments and identity, iSignthis delivers regulatory compliance to an enhanced customer due diligence standard. We offer global reach to any of the world’s 4.2Bn ‘bank verified’ card or account holders, that can be remotely on-boarded to regulated merchants in as little as 3 to 5 minutes.

iSignthis is the trusted back office solution for regulated entities, allowing our customers to stay ahead of the regulatory curve and focus on growing their core business.

We are a principal of Visa, Mastercard, JCB, ChinaUnionPay and AMEX.

Go to Company Profile for: iSignthis

Announcement Contact: [email protected]

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