Identitii Signs agreement with Standard Chartered Australia
- Software company Identitii (ID8) signs a master technology agreement and a three year licensing agreement with Standard Chartered Australia (SCB)
- SCB offers banking products in Asia, Africa and the Middle East to Australia wholesale clients
- It has nearly 50 years experience of banking experience in Australia, entering the market in 1964
- Under the agreement, SCB will licence company’s new software-as-a-service platform initially in Australia
- Activity and revenue will be laid out in order forms, with the first one worth $300,000
- On the market this morning, the platform is up 21.9 per cent and is trading at 29.3 cents per share at 12:22 pm AEST
