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  • Writer's pictureEPA-Insight

iSignthis Ltd (ASX:ISX) EPO Patent for PSD2 SCA KYC

iSignthis Ltd (ASX:ISX) (FRA:TA8) subsidiary, 'ISX IP Ltd' has been notified of the European Patent Office's ("EPO") intention to grant patent number EP2553642 'Methods and Systems for Verifying Transactions'. The patent will be granted across all 38 EPO member states, including all EU member states and Turkey.

Key Points - European Patent Office (EPO) has issued notice of intention to grant patent across more than 38 countries - Payment Service Directive 2 (PSD2) Strong Customer Authentication (SCA) compliance day was 14th September 2019 - Patent includes methods for SCA and Know Your Customer (KYC) - iSignthis Patents augment 3DSecure Version 1 for compliance to PSD2 SCA - iSignthis SCA already incorporated into Paydentity(TM), ISXPay(R) and Probanx(R)

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