TRADOLOGIC enters into partnership agreement with iSignthis
Melbourne, July 8, 2016 AEST (ABN Newswire) - iSignthis Ltd (
ASX:ISX) is pleased to announce that it has entered into a partnership agreement with the world's leading binary options platform provider, TRADOLOGIC.
Highlights:
- iSignthis executes partnership agreement with the world's leading binary options platform provider, TRADOLOGIC
- TRADOLOGIC to refer iSignthis Digital KYC solution to new clients
- iSignthis to provide incoming TRADOLOGIC clients with 4th AML Directive and PSD2 compliance
The TRADOLOGIC platform has over 70 operators on its platform, including Option Bit, ZoomTrader and SBObet.
Over 1.5m customers access the TRADOLOGIC platform per annum, with more than 900m payment transactions being executed annually. Integration is scheduled for circa 2-3 months, with operators being able to take advantage of the ISX services by mid to late 2016.
TRADOLOGIC will be able to offer its new and existing clients a secure, automated Digital KYC solution from iSignthis. The KYC solution will extend the reach of TRADOLOGIC's clients, who will be able to successfully onboard within minutes any of the world's 3.5Bn financially included persons via iSignthis. TRADOLOGIC will be able to provide online financial trading and gaming industries with a compliant solution that not only meets the 4th AML Directive and PSD2 but also optimises customer experience to meet AML/CTF requirements.
Established in 2008, TRADOLOGIC offers a cutting-edge binary options platform, which has reinvented the online financial trading and gaming industries. Managing the largest IT Development Centre in the binary industry, TRADOLOGIC strive to be at the front of the industry's innovation. Their outstanding technological advancement has been recognized as the best binary option platform at numerous events. TRADOLOGIC provide the appropriate tools required to strengthen the operator's brand in the global and local market.
The iSignthis Digital KYC service aligns with Tradologic providing the trading industry with the platform required to commence trading in binary options. TRADOLOGIC has successful partnerships with white label operators worldwide in providing the key services required. iSignthis now fits within that model in providing world's best practice Digital KYC and on boarding solutions to their growing customer base.
Tradologic's CEO Michael Golod commented: "This partnership is a logical next step in our efforts to automate various aspects of the business, such as marketing, onboarding, KYC. iSignthis will not only reduce the manual work of our clients but will add an extra layer of security. "
iSignthis Managing Director Mr. N J (John) Karantzis commented "This is a significant partnership for iSignthis. We are delighted to be working with TRADOLOGIC to deliver enhanced customer due diligence solutions to the binary option operators on their platform".
About TRADOLOGIC
TRADOLOGIC is the global leader in the financial trading industry with technology built specifically for the binary options trading market. The company has won a number of awards to the forex and binary industry, including Forex Magnates' Best Binary Service Provider award for 2013 & 2014 and EGR B2B Award 2015 for "Binary Solution ". TRADOLOGIC's team pioneers in the binary option trading field and possesses a first-hand insight and deep knowledge about the financial trading industry. Currently, the company offers its clients a variety of products including option types, trading tools, advanced features, integration solutions and services that deliver outstanding trading experience and optimized user value.
Read more about the company at their website http://www.tradologic.com/
About iSignthis Ltd
iSignthis Ltd (ASX:ISX) (FRA:TA8) is a hybrid monetary financial institution and also a 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, electronic money 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 meet the Customer Due Diligence requirements of AML regulated merchants in as little as 3 to 5 minutes. Paydentity(TM) has now onboarded and verified more than 1.5m persons to an AML KYC standard.
iSignthis Paydentity(TM) 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(R), and is an EEA authorised eMoney Monetary Financial Institution, offering card acquiring in the EEA, and Australia.
ISXPay(R) is a principal member of 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, PRZ24 and others.
Probanx Solutions Ltd, a wholly owned subsidiary of iSignthis Ltd, provides API based access to CORE Banking solutions, SEPA Core, SEPA Instant and SEPA business scheme, for neobanks, banks, credit unions and emoney institutions, and provides a bridge to the Eurosystem's Central Bank of Lithuania's CENTROLink service.
| ||
|
