ISX Financial — Open Banking
ISX Financial: Unified banking solutions and real-time payments under PSD2
ISX Financial (formerly iSignthis) is a leader in the convergence of banking services and identity verification technology, using the Open Banking framework to provide an end-to-end payment solution. Its architecture is designed to provide iGaming operators with a "closed" and secure payment infrastructure, where user verification and fund movement occur simultaneously through banking APIs. This allows regulatory compliance to be a seamless process rather than an obstacle to conversion, happening in the background while the player authorizes their transaction.
The ISX Financial platform stands out for its ability to issue dedicated IBANs and facilitate real-time payments through the SEPA Instant and UK Faster Payments networks. By integrating its open banking technology, operators can execute account-to-account (A2A) payments that eliminate the possibility of chargebacks, a historical issue in the gaming industry. ISX's ability to act as both acquirer and processor simultaneously gives it total control over the flow of funds, allowing for faster settlements and complete transparency in fees and currency conversion rates, which is essential for the profitability of international operations.
In addition to its transactional power, ISX Financial offers advanced digital identity management tools. By connecting directly with the user's bank under the PSD2 directives, the platform can automatically verify account ownership and the player's age, complying with KYC requirements without the need for the user to upload physical documents. This level of automation not only reduces operational costs for compliance departments but also creates a much safer gaming environment, where the detection of suspicious money laundering activities is carried out through the analysis of real and up-to-date banking data in real time.
| Founded | 2013 |
|---|---|
| HQ | Nicosia, Chipre |
| Country | Chipre |
| Licenses | EMI, Chipre, FCA, SEPA |
| Web | https://www.isx.financial |