Wanfuteng Bank Now Live with Probanx CorePlus
Wanfuteng Bank Now Live with Probanx CorePlus
Nicosia, Oct 17, 2018 AEST (ABN Newswire) - iSignthis Ltd (ASX:ISX) ("the Company") is pleased to announce that its wholly owned subsidiary, Probanx Information Systems Ltd ("Probanx") has completed integration with Wanfuteng Bank (www.wanfutengbank.com).

Highlights

- Wanfuteng Bank now integrated to core banking platform "CorePlus"

- Joins 16 other banks as a customer

- Probanx core banking platform services banks located across 3 continents

- FY2018 (Calendar) EBIT for Probanx business unit revised to EUR275-300k

Wanfuteng Bank, headquartered in Hong Kong and operating in Vanuatu, is now integrated with the Probanx CorePlus platform.

The CorePlus integration including the following features;

- eBanking with Strong Customer Authentication,

- Mobile Banking,

- Loans and Mortgages,

- Standing Orders,

- Deposits,

- Fixed Assets Management,

- SMS And Email Notification,

- Language support for English, French and Simplified Chinese, from a selection of 10 languages.

- Portfolio Management,

- IBAN Validation API,

- API for Payment Services Directive 2 'open banking' support,

- ATM POS API,

- Swift/SEPA Integration,

- Teller Cash Management

Wanfuteng joins Novum Bank (MT, www.novumbankgroup.com ), Societe Generale (CY, www.sgcyprus.com ), HFCL (Seychelles), AN-other EMI (UK, www.an-other.co.uk ), Frux Private Bank (ES, www.fruxprivatebank.com ) and Luxburg Carolath FBS Bank (CH, www.luxburgcarolath.group) as a customer of Probanx.

Probanx Business Unit

Probanx is an independent business unit of iSignthis Ltd, providing core banking platform software solutions for banks and financial institutions.

EBIT performance for the full FY2018 year is expected to be stronger than originally forecast, with full year performance anticipated to be in excess of EUR275k, with EBIT contribution of EUR200k prior to purchase of Probanx by iSignthis.

iSignthis purchased Probanx on the 18th September date, with EBIT contribution to iSignthis group performance attributable from that date. The final results subject to audit as at 31 December 2018.

The Company has also commenced integration of Probanx with ISXPay(R), and will support its eMoney Account (EMA) customers via the CorePlus platform, from late November.

Probanx will integrate direct with SEPA/Target2 and SWIFT schemes on behalf of ISXPay(R) and will generate and validate IBAN accounts for ISXPay customers.


About iSignthis Ltd

iSignthis LtdiSignthis 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 regulated merchants in as little as 3 to 5 minutes.

iSignthis Paydentity 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, Australia and New Zealand.

ISXPay is a principal member of Visa, Mastercard, 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.

Probanx Information Systems Ltd (Probanx), 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 http://www.isignthis.com

For more information, please contact: contact@isignthis.com

      


Contact

Media: contact@isignthis.com

Investor Relations
Chris Northwood
Activ8Capital
T: +61-458-809-177
E: cnorthwood@isignthis.works or investors@isignthis.com



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