iSignthis announces: Windsor Brokers has gone live with ISXPay® and Paydentity™
- Windsor Brokers Ltd, a long-established EU Forex Broker, is now being processed via ISXPay’s principal Tier 1 connections to Visa, Mastercard & JCB.
- Patented Paydentity™ platform enabled to verify Windsor Brokers’ customers
iSignthis Ltd (ASX: ISX | FRA: TA8) (“The Company”) is pleased to announce that Windsor Brokers Ltd, one of the most established Forex Brokers in Europe operating for more than 30 years, has now gone live on the ISXPay® unified platform, comprising Paydentity™ identity verification, card processing and acquiring, to Visa, Mastercard and JCB.
The Company’s wholly owned European neobank subsidiary, iSignthis eMoney Ltd (“ISXPay”), is now processing, clearing and settling funds for Windsor Brokers from the card schemes in multiple currencies, and includes a variety of alternative payment methods. Payments are processed under ISXPay’s own Bank Institution Number (BIN), as a Principal member of the foregoing card schemes.
The Company’s patented identity verification platform Paydentity™ is enabled and providing its Payment Instrument Verification (PIV) service to verify Windsor Brokers’ customers.
The Paydentity™ platform has now onboarded and verified more than 1.5 million persons, to the requirements of EU and Australian AML KYC regulations.
iSignthis Managing Director Mr. John Karantzis commented “We are delighted to be working with Windsor Brokers, and appreciate the confidence placed in us to deliver key payment and identity services. We are glad to see our portfolio of merchants growing and including trusted, tier 1 merchants in the FX Broker industry, as we work towards building a world-class business-focussed neobank”.
Revenue from the Windsor Brokers partnership has commenced and will contribute in the current quarterly results.
About Windsor Brokers
Windsor Brokers is a leading group of companies offering investment services to its clients since 1988. With more than 30 years in operations, Windsor Brokers is facilitating investors access to the global markets. Its main services include Forex and CFD trading on gold, oil, soft commodities, share, indices and more. https://en.windsorbrokers.com
About Australian and Frankfurt Stock Exchange listed iSignthis Ltd (ASX: ISX | DE_FRA: TA8)
iSignthis Ltd is the global 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 and identity service via our Paydentity™ and ISXPay® 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™ has now onboarded and verified more than 1.5m persons to an AML KYC standard.
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’ subsidiary, iSignthis eMoney Ltd, trades as ISXPay®, and is an EEA authorised eMoney Monetary Financial Institution, offering card acquiring in the EEA, and Australia.
ISXPay® is a principal member of Visa Inc, 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, Trustly, WeChat, AliPay and others.
UAB Baltic Banking Service, a wholly owned subsidiary of iSignthis Ltd, provides API based access to SEPA Core, SEPA Instant and SEPA business scheme, for neobanks, banks, credit unions and emoney institutions, and provides a bridge to the Central Bank of Lithuania’s CENTROLink service.
Probanx Information Systems Ltd (Probanx®), a wholly owned subsidiary of iSignthis Ltd, is an international banking software company which has been serving the banking industry since the year 2000 by developing comprehensive banking software solutions to financial institutions around the globe. Probanx offers web-based banking solutions using the latest technology and international standard business rules. Our customers are located on five continents and supported from our technical centres in Europe and Australia.
iSignthis’ Probanx delivers core banking software, including a fully comprehensive and versatile banking solution for retail, corporate and private banks, emoney and payment institutions, offering capabilities that up until now were affordable only by large commercial banks.