Identitii to provide Overlay+ to HSBC AU under new license agreement
Summary
Identitii states that Overlay+ platform facilitates P2P communications of any type of data or documents between parties and to regulators. This is our second technology license with HSBC and it delivers on a key part of our growth strategy, which is deepening relationships with existing customers. It also represents the commercialization of a new use case for Overlay+, which seamlessly integrates with existing systems to ensure compliance with regulatory reporting requirements”. Established in 2014, Identitii aims to create a secure payments ecosystem by the utilization of blockchain and tokenization. Its solution helps banks and corporates securely exchange information about the purpose, origin, and beneficiaries of financial transactions using existing technology infrastructure and a private blockchain network.
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