NEW YORK, Nov. 3, 2016 /PRNewswire/ -- IPSA International (IPSA), a root9B Technologies (OTCQB: RTNB) company and leading regulatory risk mitigation firm, today announced the third contract extension with a global digital and mobile payments company. The new agreement is worth an additional $1.5 million and extends this relationship through the end of 2016.
Since February, IPSA's Anti-Money Laundering (AML) Remediation Teams have conducted investigations of complex client customer transactions which are either filed to the U.S. Treasury or dismissed. IPSA's comprehensive risk assessment process screens for parties with whom U.S. financial institutions are prohibited from engaging in business transactions.
IPSA assists clients in mitigating risks throughout the world. The information and analysis it provides is utilized to increase and protect clients' investments and assets by offering improved transparency to the choices they make, or uncovering wrongdoings in their organization. IPSA accomplishes this by providing timely, accurate and actionable intelligence.
"We sincerely appreciate the trust our clients put in us and strive to reward that trust every day," said Dan Wachtler, President & COO of root9B Technologies. "IPSA is fortunate to have a great team of professionals working on important matters for our client organizations. Providing unparalleled support is our goal every day."
IPSA International, a root9B Technologies, Inc. company, is a regulatory risk mitigation firm delivering advisory and investigative services globally in the areas of Anti-Money Laundering, Investigative Due Diligence, Enterprise Risk Management and Litigation Support. Our clients include public and private middle market businesses, multi-national corporations, financial institutions and governments. IPSA International has offices in the US, UK, Canada, UAE and Hong Kong, resources in over 75 countries and research capabilities in 20 languages.
About root9B Technologies, Inc.
root9B Technologies (OTCQB: RTNB) is a leading provider of Cybersecurity and Regulatory Risk Mitigation Services. Through its wholly owned subsidiaries root9B and IPSA International, root9B Technologies delivers results that improve productivity, mitigate risk and maximize profits. Its clients range in size from Fortune 100 companies to mid-sized and owner-managed businesses across a broad range of industries including local, state and government agencies. For more information, visit www.root9btechnologies.com
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SOURCE IPSA International