iSignthis Ltd (ASX: ISX) is announcing today that it has signed into an agreement with online forex and CFD brokerage XM.com.
iSignthis will integrate with XM.com to deliver its new enhanced digital KYC service. The iSignthis service will provide XM.com with user friendly and automated customer onboarding.
The service will enable XM.com to meet the requirements of CySEC and the EU’s 4th AML Directive, prepared well in advance the 4th AML Directive is set to come into effect in June 2017 within the EU.
With the new service XM.com aims to onboard clients who elect to pay by card within minutes.
XM has over 500k clients since being founded in 2009 and has grown into one of the well established CySEC brokerage firms with headquarters in Cyprus where it runs its global operation.
ISignthis Managing Directory Mr. N J (John) Karantzis stated:
“We are delighted to reach this agreement with XM.com, enabling XM to take advantage of ISignthis’ world best practice in online identity services.”