About iSentric
Serving Malaysian banks for more than 20 years
iSentric is a Malaysian technology company and part of Ovanti Limited (ASX: OVT). Since 2003 we have helped banks reach, verify and authenticate their customers through secure messaging, customer authentication and mobile banking. Today we are the trusted foundation for digital banking, through Identity & Trust and DEOSX.
- Since 2003
- Founded in Petaling Jaya, Selangor
- 5 of 10
- Of Malaysia's largest banks served today
- 18M
- Transactions a month (2020)
- 25 telcos
- Connected across 10 countries (since 2017)
- ASX: OVT
- Part of Ovanti Limited
Vision, mission and values
Vision
To be the global trust foundation of digital banking, so every bank, in any market, can know its customers and serve them securely under its brand.
Mission
To give banks, telcos and governments across global markets the trust layer digital banking runs on: digital ID, KYC and authentication, with mobile banking, payments and messaging built on top, live in months.
- Your brand first.We build so our clients own the customer relationship.
- Sovereign by design.Data and control stay in-country.
- Built with specialists.We integrate proven partners rather than rebuild what already works.
Our story
iSentric began in 2003 with one belief: the phone in every customer's pocket would become their bank. We started with SMS messaging for Malaysian businesses, and within a few years we were building mobile banking for some of the country's largest banks.
Over two decades we followed banking wherever it went next. We built authentication, payments, transaction processing and secure messaging, listed on the Australian Securities Exchange in 2014, and by 2020 were handling 18 million transactions a month for banks, telcos and corporates.
Now money itself is going digital, programmable and borderless. As part of Ovanti Limited (ASX: OVT), we are building the trust foundation for that shift: the identity, payments and digital money infrastructure that lets any institution, in any market, serve its customers securely under its own brand.
DEOSX
DEOSX is iSentric's digital banking platform. It lets banks, central banks and governments launch the digital financial products the world's largest banks are building.
- Five products, one foundationDigital banking, digital money, payments and settlement, markets and liquidity, and trade and supply chain finance.
- Your brand, your licenceEverything runs under the institution's own name. Customers and revenue stay with them.
- Live in monthsAdded on top of the systems an institution already runs, without a core rebuild.
What we do today
Our work runs quietly behind services millions of people use. We verify and authenticate customers for banks and serve five of Malaysia's ten largest banks. In 2020 we processed 18 million customer authentication and mobile banking transactions a month. Our clients have included Public Bank, CIMB, AmBank, RHB, Standard Chartered, Citibank and HSBC, and since 2017 we have been connected to 25 telcos in 10 countries.
Within the Ovanti group, iSentric also provides transaction orchestration, funds-flow infrastructure, settlement, ledgering, reconciliation, reporting, authentication, risk controls and fraud monitoring.
How our past work carries forward
| What we built before | What it gives clients today |
|---|---|
| Customer authentication | The basis of Identity & Trust: verify a customer once and reuse that identity across every product |
| Mobile banking for leading banks | Experience launching customer-facing banking apps under a bank's own brand |
| Payments and transaction processing | Proven settlement, ledgering and reconciliation at volume |
| Secure customer messaging | Reliable alerts and confirmations for every transfer, card payment and payout |
| Integrations with bank core systems | Faster go-lives, because we already know how Malaysian banks run |
Existing messaging and authentication clients continue to be served and supported.
Where we are going
Banks across Asia are being asked to move money faster, cheaper and across more borders, while keeping regulators close. We are extending iSentric into exactly that work.
- Identity & Trust gives banks and governments digital ID, authentication, attestation, approvals and secure access. Explore Identity & Trust.
- DEOSX, our digital banking arm, lets institutions launch digital wallets, their own digital money, cross-border payments, tokenised assets and trade finance under their own brand. Explore DEOSX digital banking solutions.
- Integration and delivery is how we bring DEOSX into banks, zakat bodies, pilgrimage funds and universities without a core rebuild. See Integration & Delivery.
Company facts
- Legal name
- iSentric Sdn Bhd (company no. 183309-K)
- Founded
- 2003, Petaling Jaya, Selangor
- Headquarters
- 10.1, 10th Floor, The Ampwalk (South Block), 218 Jalan Ampang, 50450 Kuala Lumpur
- Parent company
- Ovanti Limited (ASX: OVT). See Our Group
- Former listing
- iSentric Limited (ASX: ICU), listed September 2014; renamed IOUpay Limited (ASX: IOU) in 2020
- Business lines
- Identity & Trust; DEOSX digital banking; integration and delivery; authentication, mobile banking, payments and messaging for existing clients
- Markets
- Malaysia, Southeast Asia, Central Asia, South Asia
Speak with our specialists.
We will assess your requirements and outline a scoped proposal for your institution.