AGM December Quarter Trading Update and Guidance Upgrade
AGM December Quarter Trading Update and Guidance Upgrade
Melbourne, Nov 28, 2017 AEST (ABN Newswire) - iSignthis Ltd (ASX:ISX) (FRA:TA8), the world leading RegTech for identity verification and payment services, is pleased to announce the following trading update and guidance upgrade for the December quarter.


- iSignthis has seen an increasing number of merchant clients "go live" in the December quarter.

- Transactional volumes, a key metric for KYC & processing platform useage by our merchant clients, has seen continued growth.

- Settlements book annual Gross Transaction Value (GTV) forward commitments have increased from the previously announced $69m to ~$75m pa.

- Average net margin of 0.92% on GTV (up from 0.85%) plus a fixed fee of $0.24/transaction processed.

- Paydentity(TM) service contracted by majority of merchant clients, in addition to GTV commitments.

- Transaction volume guidance for the December quarter have increased from the previous +30% QoQ, to a revised +40% to 50% QoQ

John Karantzis has made the following statement at todays AGM:

"Based on the current qtr to date transaction volumes from existing customers, we are pleased to provide upgraded guidance for the December quarter.

Guidance for the Dec qtr has been increased from the previous 30% increase in total transaction volumes QoQ to 40-50% increase in total transaction volumes QoQ.

We look forward to announcing more customers going live over the coming weeks and months."

To view figures, please visit:

About iSignthis Ltd

iSignthis LtdAustralian Securities and Frankfurt Stock Exchange listed iSignthis Ltd (ASX:ISX) (FRA:TA8) is the global 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 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 Visa Inc, 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, Trustly, WeChat, AliPay and others.

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

Probanx Information Systems Ltd (Probanx(R)), a wholly owned subsidiary of iSignthis Ltd, is an international banking software company which has been serving the banking industry since the year 2000 by developing comprehensive banking software solutions to financial institutions around the globe. Probanx offers web-based banking solutions using the latest technology and international standard business rules. Our customers are located on five continents and supported from our technical centres in Europe and Australia.

iSignthis' Probanx delivers core banking software, including a fully comprehensive and versatile banking solution for retail, corporate and private banks, emoney and payment institutions, offering capabilities that up until now were affordable only by large commercial banks.

Read more about the company at our website and

For investor information, please contact:




Investor Relations
Chris Northwood
T: +61-458-809-177

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