iSignthis Ltd (ISX.AX) XM.com Expands with Paydentity for China eKYC

Melbourne, Australia (ABN Newswire) - Australian Securities Exchange and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX:ISX) (FRA:TA8), the world leading RegTech for identity verification and payment services, is pleased to announce that it has extended the scope of its Paydentity solution to XM.com to include provision of Chinese identity verification services, as a standalone service. Electronic Know Your Customer (eKYC) services have been provided to XM by the Company since beginning of this month.

Highlights:

- Paydentity service deployed to XM.com on a fully commercial basis for Chinese eKYC

- Extends Scope of Paydentity(TM) eKYC from EU+UK to now include China.

The Company is now identifying Chinese, as well as UK and EU based customers, on behalf of various XM trading entities, to meet AML/CFT Know Your Customer (KYC) requirements.

The Company continues to extend its relationship with XM, and to build and grow revenue opportunities for both parties.

About iSignthis Ltd:

iSignthis Ltd (ASX:ISX) (FRA:TA8) is the global RegTech leader in remote identity verification, payment authentication and payment processing. 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' and its subsidiary, iSignthis eMoney Ltd, trade as ISXPay(R), and are an EEA authorised eMoney Monetary Financial Institution, offering card acquiring in the EEA, Australia and New Zealand.

ISXPay is a principal member of Visa Inc, Mastercard Worldwide and JCB International.

Read more about the company at our website http://www.isignthis.com

Source:

iSignthis Ltd

Contact:

Media: [email protected]

Investor Relations
Chris Northwood
Activ8Capital
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E: [email protected] or [email protected]