Omnislots by Dialinvest N.V. enters Paydentity contract for KYC

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    Highlights:
    • Dialinvest operates a number of sites, including Omnislots
    • Paydentity will be enabled to verify Dialinvest customers
    • Dialinvest will be able to meet AML requirements via Paydentity
    • Revenue from Dialinvest to contribute to the current quarter
    Melbourne, 25h October 2017 – iSignthis Ltd (ASX : ISX | DE : TA8), the world
    leading RegTech for identity verification and payment services, is pleased to
    announce that it has contracted and commenced the integration of its services with
    Dialinvest International N.V. which is incorporated, licensed and regulated by the
    Government of Curaçao under the gaming license number 8048/JAZ. Dialinvest
    specialises in online slots and has over 1000 slots in their game portfolio.
    Dialinvest has operated online casino sites since 2003, and has over 200,000
    registered players across its sites, including www.omnislots.com
    iSignthis will shortly be providing Dialinvest with its full range of Paydentity services,
    including Digital KYC, Strong Customer Authentication, Fraud Prevention, Payment
    Gateway and Card Tokenisation.
    The Company’s contracted services include identity verification, transaction
    processing & monitoring, and routing of payments to their Curacao authorised
    acquiring institutions. Under the terms of the agreement, the Company has now
    received an advance against Paydentity services to be provided.
    Robert Peters, Managing Director of Dialinvest, said, “We are very happy that with
    iSignthis we found a solid partner who helps us to be ready for the rising demands in
    AML and player verification. We are certain that Paydentity will increase user
    satisfaction and security on our platforms with their software.”
    iSignthis Managing Director Mr. N.J. (John) Karantzis commented “We are pleased to
    see online casino customers integrating to our service platform and, very shortly will
    be processing ‘live’ transactions via the Paydentity system. This demonstrates the
    additional adoption and increases the revenue generation across a number of
    accounts and business sectors. We are delighted to be working with Dialinvest, and
    look forward to delivering key backoffice compliance services.”

    Reporting Note: The Company at present does not have any information available in regards
    to processing volumes and revenues that may be generated. It will however provide historical
    reporting at the end of each quarter by sector in order to give as much detail as possible. The
    Company will not report on a merchant by merchant basis at any time.

    courtesy of Bell Direct
    ==================================================================================

    ( DYOR )

    i hold ISX ('free-carried ' )

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    Yes the good news continues at a growing rate

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