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iSignthis enables KYC service for Isle of Mans regulated sector

Tuesday 23 February 2016 11:56 CET | News

iSignthis has made available its Know Your Customer (KYC) service, paydentity, for businesses in the regulated sector of the Isle of Man.

The company’s digital KYC process is suited to the Manx AML regulations for both the financial and gambling sectors. This is consistent with the Isle of Man being one of the first jurisdictions in the world to introduce legislation specifically designed to benefit gambling and e-gaming companies whilst fully protecting customers.

iSignthis converges remote payment authentication and KYC identification, to deliver automated customer on-boarding with global reach. Any transaction from any card or electronic payment instrument can be authenticated at checkout to safeguard against online fraud, whilst assisting with anti-money laundering regulation compliance.


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Keywords: online fraud, online security, cyber security, fraud prevention, iSignthis, Isle of Man, KYC
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






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