Ann: ISXPay - Mastercard Principal Membership, page-23

This may help it is in one of the brochures online

The Paydentity Solution Introducing Paydentity™ Paydentity™ is the convergence of payments and identity. Paydentity incorporates payment authentication with enhanced due diligence (EDD) Know Your Customer (KYC) to remotely link a person’s verified identity to an electronic payment, in order to satisfy Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) regulatory requirements. SOLVING THE REMOTE ENHANCED DUE DILIGENCE CHALLENGE FEATURES INCLUDED Note: The Paydentity solution allows you to configure the products suited to you and your business. PRODUCTS INCLUDED Strong Customer Authentication Card Not Present (CNP) fraud prevention Card Tokenisation Transaction Monitoring Intelligent Routing Advanced Reporting Risk Based Analytics Secure KYC Data Repository Proves Ownership of Cards & Accounts By dynamically verifying the ownership of a remotely presented payment instrument, iSignthis can provide a basis for EDD KYC compliance and provide acquirers with the card scheme mandated compelling evidence to defend against chargebacks. Provides EDD KYC Compliance We provide remote EDD KYC compliance with the 4th AML Directive, the UK’s JMLSG, LCCP, CySEC Directives, Gibraltar and Isle of Man FSC/FSA requirements and gaming codes, the U.S Bank Secrecy Act, Patriot Act, AUSTRAC and other FATF jurisdictions regulations. Global Reach Reach 3.5Bn ‘bank verified’ active card and account holders globally, including FATF and MoneyVal countries. If your customer can make an online payment, the Paydentity process can most likely verify and onboard your customers. High Conversion Rates Perform EDD KYC and pay only for the customers who are willing to engage and pay for your services. Ensure that payments and KYC are aligned to maximise conversions of paying customers. Chargeback Reversal iSignthis is able to proactively authenticate transactions, providing the merchant’s card acquirer with the card scheme mandated compelling evidence to reverse chargebacks. Scheme Independent iSignthis verifies ownership of all card types from all major card schemes including VISA, MasterCard, Carte-Bancaire, JCB, American Express, China Union Pay, Diners and Discover. iSignthis.com | [email protected] | Payment Instrument Verification PIV by iSignthis About Payment Instrument Verification (PIV) PIV allows merchants to unlock the identity in a financial transaction, to prevent Card Not Present (CNP) fraud, successfully on-board customers in 3 to 5 minutes and meet AML/CFT requirements. This is achieved by dynamically creating a one-time ‘secret’ by randomly dividing the sales amount and processing as two partial prepayments. This dynamic one-time ‘secret’ is retrievable only by the account holder accessing their secure online or telephone banking portal. By being able to retrieve this ‘secret’, the customer proves access to ownership of the account. £100 £100 £64.12 £35.88 £64.12 £35.88 Enhanced Due Diligence KYC Paydentity Verified by iSignthis About Enhanced Due Diligence KYC The service unlocks the identity in a regulated payment instrument to satisfy AML and CFT, enhanced due diligence requirements. iSignthis EDD KYC provides compliance with key regulations including the 4th AML Directive, the UK’s JMLSG, LCCP, CySEC Directives, Gibraltar and Isle of Man FSC/FSA requirements and gaming codes, the U.S Bank Secrecy Act, Patriot Act, AUSTRAC and other FATF and MoneyVal jurisdictions regulations. It allows merchants to on-board paying customers in 3 to 5 minutes, offering high conversion rates and a global reach of 3.5Bn ‘bank verified’ card and account holders. Meets simplified due diligence requirements European Banking Authorities Payment Service Directive 2 Regulatory Technical Standards compliant CNP fraud prevention systems Provides acquirers the compelling evidence to defend against chargebacks Proactively deters third party and friendly fraud All data is stored under the stringent requirements of PCI DSS Level 1 and ISO27001, with all data encrypted at rest BENEFITS FEATURES Digitally verify end customers remotely in real time via an automated process Digitally verify key controllers, directors and ultimate beneficial owners (UBOs) Real time analytics, risk confidence and watch list screening Sanction and optional PEP screening Document capture and validation Public source database screening BENEFITS Live, dynamic KYC data Meets enhanced due diligence requirements Global reach of all cards from all major card schemes On-board customers and/or UBOs in 3 to 5 minutes Provides the basis for compliance to the EU’s 4th AML Directive, in addition to most FATF and MoneyVal model regulatory requirements iSignthis.com | [email protected] | Payment Gateway Paydentity Gateway by iSignthis & ISXPay About Payment Gateway Presenting the world’s most advanced gateway with scalable elastic computing technology. Our PCI DSS Level 1 Payment Gateway has been designed and built by payment experts using cloud technology. Offering a range of features including PCI and PSD2 compliant card tokenisation, risk management and risk avoidance services, merchants can now monitor their online transactions in real time and reconcile efficiently, across multiple acquirers and alternative payment methods. Introducing ISXPay® About ISXPay® ISXPay® provides a full range of gateway, risk management, risk avoidance and processing services for card transactions and alternative payment methods. ISXPay offers card acquiring, as well as routing and transaction processing to third party acquirers, via our PCI DSS Level 1 certified Payment Gateway. We can process Visa, MasterCard, JCB, American Express, Diners, Discover and China Union Pay. Our Paydentity Gateway is able to route your transactions to your preferred acquirers, including ISXPay or any of our partners. Card Acquiring About ISXPay Card Acquiring ISXPay operates in the European, Australian and New Zealand markets, with partnerships spanning the rest of the world. Our management team consists of experienced payment industry professionals who understand the importance of transaction flow and access to global payment networks. Our fast and secure network provides merchants with a dedicated 24/7 support team. ISXPay is an authorised E.E.A Monetary Financial Institution by the Central Bank of Cyprus No. 115.1.3.17. (iSignthis eMoney Ltd), and in Australia and New Zealand a payment facilitator of the National Australia Bank (ASX : NAB). Specialising in: high frequency, card not present, cross border and AML/CFT regulated sector businesses.