Company Name: iSignthis
Announcement Date: 14/02/2017
Announcement Category: Contract/Partnership
Announcement Content:
Highlights:
• iSignthis to integrate full PaydentityTM suite to ayondo.
• ayondo to meet the 4th AML Directive and PSD2 requirements via iSignthis PaydentityTM solution.
• Service is set to go live; transacting within Q2 of 2017.
Melbourne, 3rd of February 2017 – iSignthis Ltd (ASX : ISX) are pleased to announce that it has entered into an agreement with financial trading technologies specialist, ayondo.
iSignthis is set to provide ayondo with its full PaydentityTM service including; Payment Instrument Verification, Digital KYC, Strong Customer Authentication and Payment Gateway. The service is set to be live and transacting within the second quarter of 2017.
Founded in 2008, ayondo specializes in financial trading technologies, covering a broad spectrum of services including both retail and institutional sectors. The global group has developed some of the most intuitive trading and social trading platforms with users from over 195 different countries.
The iSignthis service opens the potential customer market for ayondo to any of the worlds 3.5Bn finically included person’s. This integration will allow ayondo to streamline services, whilst benefiting from the added features including transaction monitoring, threshold management and intelligent routing.
The iSignthis service provides an automated customer on-boarding system, allowing ayondo to meet the stringent KYC and authentication requirements set out by the 4th Anti-Money Laundering Directive and the Payment Service Directive 2.
Announcement URL: http://www.asx.com.au/asxpdf/20170206/pdf/43fsvjmy41mx9f.pdf
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]
