NetCents Implements State of the Art Compliance Technology
Vancouver, B.C., September 13, 2016 – NetCents Technology Inc. (“NetCents” or the “Company”) (CSE: NC) is pleased to announce the integration of a state of the art global identity verification to its platform.
The identity verification solution can be used to access 4 billion consumers worldwide, to ensure that NetCents can quickly onboard customers while complying with international Anti-Money Laundering (AML) and Know Your Customer (KYC) rules.
The identification of your customer or member and Know Your Customer have become two of the biggest challenges throughout the financial services industry. To comply with AML and KYC rules, NetCents has evolved to support a diverse range of international electronic identity verification requirements.
“Ensuring that our users can quickly and easily sign up and use the NetCents platform is a priority for us,” commented Clayton Moore CEO & Founder, NetCents Technology Inc. “Instant identity verification is a key step to enable trust and safety online. Our newly integrated state of the art compliance technology allows NetCents to offer our users a simple to use, worry free and trusted platform.”
NetCents is an electronic payments technology company offering consumers and merchants online services for managing electronic payments by a variety of payments methods through its processing platform. NetCents works with its financial partners, mobile operators, exchanges, etc. to streamline the process and user experience of transacting online. The NetCents platform is integrated into the Automated Clearing House (“ACH”) through the Royal Bank of Canada (“RBC”, “Royal Bank”). NetCents is available for deposits from 194 Countries around the World, providing you with the freedom to choose to Pay. Your Way.
On Behalf of the Board of Directors
NetCents Technology Inc.
Clayton Moore, CEO, Founder and Director
NetCents Technology Inc.
Suite 1500, 885 West Georgia Street
Vancouver, British Columbia V6C 3E8
Cautionary Note Regarding Forward Looking Information
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.