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.