SP1 southern cross payments ltd

hmm..this doesnt look good..Visa had advised ISX by letter dated...

  1. 247 Posts.
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    hmm..this doesnt look good..

    Visa had advised ISX by letter dated 6 March 2020 of its decision to suspend ISX’s participation effective
    immediately. The letter states:
    ‘The above-mentioned anomalies and issues, taken collectively, raise serious concerns about
    whether IsignThis is operating appropriate programs to manage AML and Risk. Therefore, in
    accordance with the Visa Rules, and to safeguard Visa's global payment system from the excessive
    level of risk presented by the IsignThis relationship, Visa has decided to suspend IsignThis' Bank
    Identification Numbers (BINs) in Europe and Australia, and its activities as a registered third party
    for any other Visa members or clients, effective immediately. This suspension will remain in place
    until such time as the required further information (as set out below) is provided by IsignThis on its
    AML and Risk programs, to the satisfaction of Visa.’
    Last edited by kazze123: 26/10/20
 
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