ISignthis Ltd (ASX : ISX) is pleased to announce that it has entered into an agreement with the global leaders in online trading, IronFX. iSignthis will be providing IronFX 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 in the next 3 months.
The award winning IronFX have 10 trading platforms and over 200 tradable instruments in forex, spot metals, futures, shares, spot indices and commodities. With more than 8 offices worldwide, IronFX operate in over 180 countries throughout Europe, Asia, the Middle East, Africa and Latin America.
The iSignthis system will enhance the current IronFX system by providing a complete identity and payments solution in one package. The service will open new markets with a global reach of any of the worlds 3.5Bn bank verified card and bank account holders. The Paydentity solution will increase IronFX user experience with automated on-boarding of paid customers in as little as 3 to 5 minutes, with the option of Card Tokenistion to store card details for future transactions.
IronFX will be able to authenticate all online transactions via iSignthis with the additional features of transaction monitoring, threshold management and advance reporting. iSignthis will also provide IronFX with compliance to the EU’s 4th Anti-Money Laundering Directive and Payment Service Directive 2.