January 3, 2022

ISX granted further US patent for securing financial transactions

3rd January 2021 :The Company is pleased to announce that its wholly owned subsidiary, ISX IP Ltd has been granted a further US patent for securing financial transactions.

The granted patent rights extend ISX’s intellectual property in financial technology, and complement its existing patent suite.

The patent provides a secure way to determine a password by use of data and metadata in the payment transaction itself, in order to secure a transaction and facilitate delivery of goods or services to the purchaser. The patent was granted 14th December 2021 and expires on the 8 February 2038