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Valutrades to Integrate iSignthis Paydentity

iSignthis Ltd (ASX:ISX/FRA:TA8)


- 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 Ltd (ASX:ISX) is pleased to announce that it has entered into an agreement with UK FCA regulated Valutrades, which offers FX & CFD trading. 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 https://www.valutrades.com/en/about

About iSignthis Ltd
iSignthis Ltd (ASX:ISX) is the global leader in dynamic, digital AML/CTF KYC identity proofing. Our Paydentity solution incorporates real time electronic verification to converge remote payment authentication and KYC identification. This delivers automated customer on-boarding with a global reach of any of the world's 3.5Bn financially included persons, no matter where they are located. iSignthis' unique solutions protect online customers whilst assisting merchants with CNP liability shift and providing operators with 100% confidence.

Source: https://www.abnnewswire.net/press/en/85553/iSignthis-Ltd-(ASX-ISX)-Valutrades-to-Integrate-iSignthis-Paydentity-85553.html
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