iSignthis brokers digital deal with Ixaris

14 November 2016

iSignthis has secured an agreement to provide its KYC ‘key controller’ digital service to payments expert Ixaris.

As part of the agreement, iSignthis has adapted its consumer facing Digital KYC to verify the natural persons who are Ixaris’s key controllers, such as Ultimate Beneficial Owners, directors, officers and other stakeholders.

The service is now live with Ixaris and will enable the company to verify the key controllers of partners that use, resell or promote its own payment services.

John Karantzis, chief executive of iSignthis, said: “We are delighted to have launched with Ixaris. Together, we have revolutionised the way merchants can now be on-boarded to payment services, by automating the verification of key controllers.

“PSPs no longer have to depend on time consuming and expensive manual processes, as iSignthis can now automate and fast track the verification of third-party identified key controllers, through our Digital KYC service.

“This is a massive step forward in automating the back office for the payments industry.”

Related article: iSignthis pens supply deal with IronFX