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iSignthis Inks Banking and Payments Deal with Ibanera

Ibanera has become the first iSignthis client to integrate core banking (CorePlus), SEPA and Swift interbank network technology (CoreConnect) to prospective customers, reports Henry Vilar of Fintech Futures (Finovate’s sister publication).

These products are offered via iSignthis’ wholly owned subsidiaries Probanx and UAB Baltic Banking Service (BBS).The parent company has said it is integrating the products offered by both companies “on a fast track”.

Ibanera will be supplied the CorePlus system, including internet banking module, SMS and email notifications, multi-language pack, IBAN validation and integration to CoreConnect.

As mentioned above, CoreConnect includes connectivity to the SEPA Core, SEPA Instant, SEPA Business and Swift interbank payment networks.

CorePlus and CoreConnect will be delivered to Ibanera by mid-April 2019, and are expected to contribute to revenues this calendar/financial year.

Ibanera is a Lithuanian-licensed electronic money institution. The company offers a range of services for individuals, corporations, and financial institutions through wealth management funds or by advising and facilitating a structure for clients.

Alongside CorePlus and CoreConnect, iSignthis will be offering the rest of its regulated neobanking ISXPay services such as DocPlus (document management systems), PayPlus (payment management), and Paydentity (identity verification) as integrated services by Q4 2019.

iSignthis demonstrated its platform at FinovateEurope 2015. Founded in 2013 and headquartered in Melbourne, Victoria, Australia, the company trades on the Australian Stock Exchange under the ticker ISX.