22 September 2017
Visit http://response.ncr.com

Worldline to provide due diligence on customer IDs with iSignthis

12 July 2017  |  2948 views  |  0 Source: iSignthis

Australian Securities and Frankfurt Stock Exchange listed iSignthis Ltd (ASX : ISX) (FRA : TA8) is pleased to announce that its subsidiary iSignthis eMoney Ltd (“ISXPay”) has entered into a partnership agreement with Worldline.

Worldline, a Euronext listed (EPA: WLN), multi-billion market capitalization company has over 45 years of experience in the industry and is Europe’s leading payment and transactional payment service provider. Worldline is able to process billions of electronic transactions per year with their strong industrial processing capabilities and highly secure data centers.

European eCommerce merchants, including FinTech firms, will shortly have access to an exciting new service that combines the RegTech capabilities of iSignthis, with the acquiring capabilities and expertise of Worldline delivered via ISXPay.

Merchant’s contracting directly to the service via iSignthis will have access to the full Paydentity™ suite of services. Paydentity™ services include identity verification, payment acceptation and authentication solutions, coupled with the Worldline Visa and Mastercard acquiring, settlement and clearing services.

Paydentity™ addresses the critical aspects of due diligence, monitoring and authentication requirements of the 4th Anti Money Laundering Directive (4AMLD) and Payment Services Directive 2 (PSD2), and is currently being deployed to major FinTech services companies and ecommerce merchants in Europe. The Worldline agreement allows for a faster and more expansive go to market strategy, and allows iSignthis to leverage the balance sheet, cash settlement and clearing capabilities of Worldline to provide surety to even the largest merchants.

John Karantzis, CEO of iSignthis said “iSignthis’ partnership with Worldline allows us to target the largest ecommerce merchants and FinTechs in Europe. We can now offer Paydentity in conjunction with large scale card payment facilitation services through ISXPay. This partnership provides our customers with the benefits and assurance that they are contracting with the industry leaders in Europe.”

iSignthis eMoney Ltd (“ISXPay”) will be operating under its own eMoney Monetary Financial Institution license to directly contract European merchants. It will offer merchants the end to end Paydentity™ service, including identity verification, authentication together with the strength and assurance of the Worldline card acquiring services delivered via ISXPay. ISXPay services include JCB card acceptance, and alternative payment methods such as Yeepay, Sofort and others within Europe. iSignthis will also offer its Australian and New Zealand ISXPay card acquiring services to its multinational merchants via its agreement with the National Australian Bank (ASX : NAB).

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

equensWorldline SE

Related blogs

Create a blog about this story (membership required)
visit www.capgemini.comdownload the paper nowvisit www.temenos.com

Top topics

Most viewed Most shared
HSBC switches on selfie payments in ChinaHSBC switches on selfie payments in China
12813 views comments | 27 tweets | 42 linkedin
Dutch bank sentences teenage DDoS culprit to community serviceDutch bank sentences teenage DDoS culprit...
9600 views comments | 6 tweets | 3 linkedin
AXA launches blockchain to cover late flight compensationAXA launches blockchain to cover late flig...
8391 views comments | 13 tweets | 27 linkedin
Apple P2P payments service nears launchApple P2P payments service nears launch
8324 views comments | 19 tweets | 27 linkedin
SBI Ripple Asia advances on South KoreaSBI Ripple Asia advances on South Korea
7725 views comments | 16 tweets | 1 linkedin

Featured job

A minimum of £200K (not a limiting factor)
London

Find your next job