iSignthis Ltd released a statement proclaiming that its subsidiary iSignthis eMoney (ISXPay) has completed a successful technical integration with Worldline. As a result, the two sides will begin to employ their partnership through the use of iSignthis’ Paydentity system.
The partnership will provide Worldline’s clients with access to the “RegTech capabilities of iSignthis, with the acquiring capabilities and expertise of Worldline, to be contracted and delivered via ISXPay.” Worldline offers various transactional services, spread out to merchant, financial, and mobility e-transactional services. Its clients are quite diverse, and include eCommerce merchants, including fintech firms and various qualified cryptocurrency exchanges.
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iSignthis CEO John Karantzis addressed the official launch of the partnership, saying: “iSignthis will market the combined services, specifically to high risk and fintech merchants, where the Paydentity platform brings compliance and risk mitigation benefits, allowing merchants to focus on sales, marketing and growth rather than back office compliance functions.”
iSignthis has created a positive reputation over the past few years. Through its Paydentity services, merchants and other users are able to securely process a vast number of transactions, while adhering to global AML and CFT regulations. Such a solution is highly regarded, due to the alleviation of regulatory challenges for companies around the world. Popularity for the service has been increasing rapidly. In June of last year, JCB International formed a similar partnership with iSignthis, in order to integrate its systems with those of ISXPay, and to take advantage of the ease of use and other benefits provided by the service.
The global strategy of iSignthis has been exemplified by operational expansion and newly formed partnerships. Moreover, the company was added to the Frankfurt Stock Exchange in June of last year. In 2018, the company will look to increase its influence and reach across the industry. Mr. Karantzis further elaborated: “The Company already has a strong pipeline of demand, which it expects will convert to significant sales, gross turnover and revenue opportunity in the short term.”