iSignthis Ltd (ASX:ISX) is pleased to announce that its wholly owned UK subsidiary ("ISXUK") was approved as an Authorised Electronic Money Institution (AEMI) by the UK's Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011.
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 Supplementary Independent Expert Report on iSignthis' (ASX:ISX) (FRA:TA8) adherence to continuous disclosure requirements vindicates the position adopted by ISX in relation to disclosure of its dispute with Visa.
iSignthis Ltd (ASX:ISX) (FRA:TA8) has now filed in the Federal Court of Australia further and better particulars of the damages which it claims against ASX Limited ("ASX").
iSignthis Ltd (ASX:ISX) (FRA:TA8) has delivered an unaudited profit for the half year after tax of $828,179 versus a loss in the 30 June 2019 half of ($729,190).
iSignthis Ltd (ASX:ISX) has been made aware of a misleading article published in todays' Australian Financial Review. The article was authored by gossip bloggist, Mr Joe Aston, and referred to a company that is not a customer of iSignthis, and with which iSignthis has not ever had a relationship.
iSignthis Ltd (ASX:ISX) (FRA:TA8) has filed its amended statement of claim against the ASX Limited (ASX:ASX) in the Federal Court of Australia.
iSignthis Ltd (ASX:ISX) (FRA:TA8) has been advised by Visa Europe Ltd that personal data held on behalf of its European subsidiary, iSignthis eMoney Ltd, has been manually transferred to Visa Australia (AP) Pty Ltd.
iSignthis Ltd (ASX:ISX) Compliance with Continuous Disclosure Requirements: Independent Expert Report
iSignthis Ltd (ASX:ISX) is pleased to provide the Executive Summary and Findings of the Independent Expert Report, as authored by Clayton Utz partners Mr Michael Linehan and Mr Brendan Groves.
iSignthis Ltd (ASX:ISX) (FRA:TA8) is pleased to announce its 5th consecutive positive quarterly operating cash flow contained in the Appendix 4C and our quarterly business activity report.
We are pleased that the findings of the Independent Expert with regards to the practices of Company have been consistent with best practice of an ASX300 Company.