Less than a month away from its Finovate debut, online transaction authenticator iSignthis has announced raising more than $3 million.
iSignthis specializes in verifying online transactions for financial institutions ranging from banks to insurance groups to online betting companies. The company’s Merchant Protect solution authentications credit and debut card transactions regardless of originating card scheme and issuing bank combination. iSignthis’ technology is based on an Evidence of Identity (EOI) process that is remote, automatic, and scalable. It can also be used by institutions needing to remotely authenticate individuals for AML.KYC requirements.
Headquartered in Melbourne, Australia, iSignthis has been developing solutions for online payment security and identity authentication since 2011. The company’s technology is patented in the U.S., Europe, South Africa, and Australia, and pending in China, Hong Kong, Canada, Brazil, and India. John Karantzis is CEO.
Join iSignthis in London in February for FinovateEurope 2015. Pick up your tickets today.