iSignthis Ltd Stock Market Press Releases and Company Profile
Valutrades to Integrate iSignthis Paydentity
Valutrades to Integrate iSignthis Paydentity

Melbourne, Nov 9, 2016 AEST (ABN Newswire) - iSignthis Ltd (googlechartASX:ISX) is pleased to announce that it has entered into an agreement with UK FCA regulated Valutrades, which offers FX & CFD trading.

Highlights:

- ISXPay to process payments to Valutrades nominated acquirers

- iSignthis to remotely verify Valutrades customers

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

iSignthis will be providing Valutrades 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 within the next 3 months.

Valutrades CEO Graeme Watkins comments: "Valutrades is excited to be working with iSignthis to implement their cutting edge Paydentity services. We see this as an important step in improving our customer experience, reducing the time to completion when signing up for and funding accounts, whilst at the same time enhancing our due diligence process keeping our business safe and secure for all our clients."

iSignthis Managing Director Mr. N J (John) Karantzis commented "We are delighted to reach agreement with Valutrades, one of the newer and dynamic brokers in the FX sector. We look forward to working with them to provide a positive customer experience in addition to compliance to AML/CTF regulations, payment processing and fraud mitigation solutions. Valutrades customers will benefit by way of fast, efficient on boarding whilst meeting regulatory requirements".

About Valutrades

Valutrades is headquartered in London, authorised and regulated by the UK Financial Conduct Authority (FCA) under license number 586541. Offering the award-winning Metatrader 4 terminal, Valutrades is a transparent no dealing desk broker, with up to 1:400 leverage and providing clients with over 50 financial instruments.

Read more about the company at http://www.valutrades.com/en/about

About iSignthis Ltd

iSignthis LtdiSignthis Ltd (ASX:ISX) (FRA:TA8) is a hybrid monetary financial institution and also a RegTech leader in remote identity verification, payment authentication with deposit taking, transactional banking and payment processing capability. iSignthis provides an end-to-end on-boarding service for merchants, with a unified payment, electronic money and identity service via our Paydentity(TM) and ISXPay(R) solutions.

By converging payments and identity, iSignthis delivers regulatory compliance to an enhanced customer due diligence standard, offering global reach to any of the world's 4.2Bn 'bank verified' card or account holders, that can be remotely on-boarded to meet the Customer Due Diligence requirements of AML regulated merchants in as little as 3 to 5 minutes. Paydentity(TM) has now onboarded and verified more than 1.5m persons to an AML KYC standard.

iSignthis Paydentity(TM) service is the trusted back office solution for regulated entities, allowing merchants to stay ahead of the regulatory curve, and focus on growing their core business. iSignthis' subsidiary, iSignthis eMoney Ltd, trades as ISXPay(R), and is an EEA authorised eMoney Monetary Financial Institution, offering card acquiring in the EEA, and Australia.

ISXPay(R) is a principal member of Mastercard Inc, Diners, Discover, (China) Union Pay International and JCB International, an American Express aggregator, and provides merchants with access to payments via alternative methods including SEPA, Poli Payments, Sofort, PRZ24 and others.

Probanx Solutions Ltd, a wholly owned subsidiary of iSignthis Ltd, provides API based access to CORE Banking solutions, SEPA Core, SEPA Instant and SEPA business scheme, for neobanks, banks, credit unions and emoney institutions, and provides a bridge to the Eurosystem's Central Bank of Lithuania's CENTROLink service.

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Contact

Todd Richards
Company Secretary
T: +61-3-8640-0990
E: investors@isignthis.com
www.isignthis.com



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