Identitii partners with Trace Financial to simplify new financial message standards migration for SWIFT member banks
Identitii Limited (ASX:ID8), an Australian FinTech enabling the secure overlay of transaction level detail on top of financial messages using a private blockchain, has partnered with leading message transformation software provider Trace Financial Limited. The product partnership involves the integration of Trace Financial’s established message translation software, Transformer, with Identitii’s innovative overlay platform, Overlay+, to simplify the migration to new ISO 20022 financial message standards for financial business transactions. Headquartered in London, Trace Financial has technical expertise in SWIFT messaging, and has been providing software solutions to bank grade clients for over 30 years. Identitii will leverage Trace Financial’s sales network and conduct joint marketing activities for the adoption of […]
Identitii commences phase two with HSBC
Identitii Limited (ASX:ID8), the FinTech company enabling banks and corporates to securely exchange intelligent information in real-time, is pleased to announce further engagement with global tier one bank, HSBC Global Services (UK) Limited. Following the successful completion of phase one of its project with HSBC, a customer since 2017, Identitii has commenced work on phase two of the project under the existing Framework Agreement. Phase two will deliver additional functionality to support HSBC’s plans to roll out Identitii’s solution into multiple geographies. Identitii also expects phase two to drive increased consumption of data points (transactions) across its platform. Initially, phase two will generate additional revenue of up to US$480,000 for […]
Identitii joins BIAN to help banks digitise information exchange using Blockchain
Australian Fintech enabling the secure overlay of transaction-level detail on top of financial messages using a private blockchain, has joined BIAN.
Identitii completes 2018 Mastercard Start Path program
ASX-listed Identitii Limited, the Australian FinTech enabling banks and corporates to securely exchange intelligent information in real-time, has just completed the Mastercard Start Path program. Start Path, a six month program that runs four times a year, connects innovative later-stage FinTechs with Mastercard’s global ecosystem. Start Path selects FinTechs that have the potential to scale globally and aims to open the door for companies to innovate on top of Mastercard’s existing technology infrastructure. “Mastercard Start Path has given Identitii the opportunity to reach new potential customers and to demonstrate how our Overlay+ platform can enhance the secure sharing of documents and information in a MasterCard environment,” says Ben Buckingham, COO, […]
Identitii lists on ASX
Identitii Limited (ASX: ID8), an Australian FinTech enabling the secure overlay of transaction level detail on top of financial messages using a private blockchain, commenced trading on the ASX today at 11.00am AEDT. The listing follows a fully underwritten $11 million raising at $0.75 per share. 14,666,666 shares were issued for an undiluted market capitalisation at listing of $40 million. The Company is also pleased to announce the appointment of Clare Rhodes as Chief Marketing Officer and Mark Garvie as Chief Commercial Officer. Funds raised from the IPO will go towards further development and commercialisation of Identitii’s platform, already in use at a global bank, as well as to appointing […]
Grounds, Paradice dive into blockchain software float Identitii
The big end of town is piling into a small payments security firm’s initial public offering in the expectation they may have unearthed the next big thing. Street Talk understands UBS Australia chief executive Matthew Grounds, veteran fund manager David Paradice and Sydney-based institutional investors KIS Capital, Terra Capital and KTM Ventures are among the names lining up for a piece of ASX-hopeful Identitii. Identitii is a blockchain software company founded by Australians Nick Armstrong and Eric Knight. Its software is aimed at helping banks and other international payments providers comply with anti money laundering policies by attaching messages to each transfer saying exactly who is making the payment and why. Identitii is an add-on to the SWIFT payments […]
The 2023 Australian FinTech news headlines
Here are all the major Australian FinTech news headlines for 2023.
