iSignthis enters tech agreement with XM.COM

Company News

by David Chau

iSignthis Ltd (ASX:ISX) has entered a deal with XM.COM, a global online currency trading platform.

The identify-proofing software company will integrate with XM to deliver its Digital KYC service, which allows for enhanced due diligence and automated customer onboarding.

iSignthis says its service will open up the potential customer market for XM of 3.5 billion “financially included” people, and that customers who pay by credit or debit card can be onboarded within minutes.

The company says its Digital KYC service will be available to all XM customers from mid to late 2016.

iSignthis reported a net loss of $6.8 million at 31 December 2015.

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?