19 August 2017
Find out more

ISignthis to provide KYC services to Calforex

14 February 2017  |  1901 views  |  0 Source: iSignthis

iSignthis Ltd (ASX : ISX) is pleased to announce that it has entered into an agreement with foreign exchange business, Calforex and sister company GoInterpay.

iSignthis will provide Calforex and GoInterpay with their Digital KYC (Know Your Customer) enhanced due diligence solution. Calforex will be utlising the iSignthis Digital KYC solution to support existing processes and verify the identity of end users using their platform. The iSignthis service will allow GoInterpay to verify the identity of key controllers, ultimate beneficial owners (UBOs) and directors in the business. The service is set to go live in the 4th quarter of the 2017 Australian financial year.

Calforex provides foreign exchange cash, bank note, wire, and EFT services to individuals, financial institutions, importer/exporters, and law firms in Canada. GoInterpay is a global payments provider built solely for retailers.

Together Calforex and its subsidiary GoInterpay, have over 500,000 end users, key controllers, UBOs and directors. As Calforex and GoInterpay continue their growth and expansion, new end users, key controllers, UBOs and directors will need to be subject to KYC.

The iSignthis Digital KYC service will allow Calforex to extend their reach with the opportunity to on-board to an enhanced due diligence leavel any of the world’s 3.5Bn financially included persons.

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.dorsum.euvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
8394 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7562 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
6674 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6232 views 1 | 5 tweets | 3 linkedin
Apple sidelined as Beijing transit system launches payments appApple sidelined as Beijing transit system...
6093 views comments | 11 tweets | 9 linkedin

Featured job

London, UK (or flexible)

Find your next job