iSignthis Ltd (ASX:ISX) (FRA:TA8), and its subsidiaries (the Group) are pleased to present their quarterly cash flow and business activity report.
iSignthis 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.
The Australian Federal Government has recently flagged a move to call time on the free-for-all from Australian proxy advisory firms. I know I speak on behalf of the majority of iSignthis shareholders when I welcome Treasurer Josh Frydenberg's plans to regulate this self-declared 'independent' industry.
iSignthis Ltd (ASX:ISX) (TA8.F) discloses that, consistent with the ISX Group's strategy outlined in the previous announcements of 28th May 2020 and 20th February 2020, the Company's subsidiary ISX Financial EU Ltd has taken up the option to participate in the NSX Limited (ASX:NSX) $3.5m capital raise.
iSignthis Ltd (ASX:ISX) (FRA:TA8) is a technology company with EEA and UK financial institution authorisations with inhouse developed flykk(R), ISXPay(R), Paydentity(TM)(patented), Probanx(R) CorePLUS(R) and CoreConnect platforms that allow us to deliver technology and financial services to our customers.
iSignthis Ltd (ASX:ISX) (FRA:TA8) and its subsidiaries (the Group) are pleased to present their quarterly cash flow and business activity report.
Professor Samuel will bring substantial business and regulatory acumen in public policy to NSX. Professor Samuels will also be appointed to the board of ClearPay Pty Ltd, the 41% NSX / 59% iSignthis Ltd (ASX ISX) owned entity, which has been established to bring competition to the Clearing and Settlement sector presently monopolised by the ASX Ltd.
iSignthis Limited (ASX:ISX) (FRA:TA8) is pleased to announce that the Australian Financial Review (www.afr.com) has today published the following apology on page 2 of its printed edition
In 2020 the Company's growth will be focused in the European Union and the UK, setting up operations in the UK and continuing to focus on growing our European customer base. With several customers already signed up to our new flykk e-Money product, we look forward to a full rollout in 2021 of this exciting new product and revenue stream.
iSignthis Ltd (ASX:ISX) (FRA:TA8), is pleased to announce that its wholly owned UK authorised electronic money institution has been notified of a Principal Membership agreement with Mastercard International Inc ("Mastercard"), for the United Kingdom.
iSignthis Ltd (ASX:ISX) (FRA:TA8) and its subsidiaries are pleased to present their 7th consecutive, positive, quarterly cash flow from operating activities.