Report of Foreign Issuer (6-k)
22 March 2019 - 12:28AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the
month of
March
2019
Commission
File Number:
000-52145
DIGATRADE FINANCIAL CORP
(Translation
of registrant's name into English)
1500 West Georgia Street, Suite 1300
Vancouver, BC V6G-2Z6
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
[
X
] Form
20-F [ ] Form 40-F
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1): [
]
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(7): [
]
Indicate
by check mark whether by furnishing the information contained in
this Form, the registrant is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes
[
]
No [ x ]
If
"Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b):
000-52145
SUBMITTED HEREWITH
DIGATRADE BEGINS IMPLEMENTATION OF NEW SECURTER FINTECH
RELATIONSHIP
Vancouver, British Columbia / ACCESSWIRE / March 21, 2019 -
DIGATRADE FINANCIAL
CORP
(OTCQB: DIGAF), an OTC
digital asset trade desk for institutions and financial technology
company, has officially started implementation of its recently
announced agreement with Securter Inc., the developer of
leading-edge security tools for credit card
transactions.
The top priority of this implementation is to combine the expertise
of the two management teams. They have started integrating their
efforts and are on-schedule to progress through the anticipated
R&D, testing and customer rollout phases. Digatrade’s
acquisition of Securter is increasing Digatrade’s profile in
the fintech sector because of the immense benefit that
Securter’s technology brings to major financial institutions
and credit card users alike.
Digatrade is also preparing a suite of new investor relations
resources for shareholders that will inform them in greater detail
of Securter’s goals in fintech as well as the company’s
progress in meeting these goals. Securter technology can reduce the
billions of dollars of losses annually that arise from fraudulent
online transactions in which the merchant never sees the customer
or the credit card (“Card Not Present/CNP”). This type
of transaction, CNP, represents the most rapidly growing segment of
consumer spending. Digatrade’s information-portal launches in
coming weeks will to help DIGAF shareholders understand the
business significance to them (and to the fintech industry) of
Digatrade/Securter’s work.
Securter
is engaged in research and development of the next generation of
payment and online user authentication platform that is based on
remote processing of Europay, MasterCard and VISA smart
credit/debit cards. Securter’s payment platform adapts and
extends conventional best-practices technology (currently intended
for physical Point of Sales / POS) to secure EMV online
payments.
Digatrade/Securter
R&D is related to the cyber-security field in order to yield
robust system architecture without dependence on any computer
vulnerabilities. This removes the need for costly risk management
of intermediate servers as they exist in the current standard
protocols within the market.
Digatrade/Securter will monetize its technology by sharing global
credit card transaction-fee revenue with participating payment
processors. The revenue sharing model has produced the fintech
giants that operate in today’s global payments system.
Digatrade/Securter will thereby benefit financially from the
world’s existing payments infrastructure, by improving its
reliability, profitability, convenience and security.
ABOUT
DIGATRADE:
DIGATRADE is a Financial Technology “Fintech” company
that offers buyside cryptocurrency transactions and liquidity to
institutions through its proprietary over-the-counter trade desk.
The company is also developing a next generation platform for
security in the online credit card payment system, globally. The
Company is owned and operated 100% by Digatrade Financial Corp.,
located in Vancouver, British Columbia, which is publicly listed on
the OTC.QB under the trading symbol DIGAF. DIGAF is a
reporting issuer in the Province of British Columbia, Canada with
the British Columbia Securities Commission "BCSC" and in the United
States with the Securities Exchange Commission "SEC".
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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Digatrade Financial
Corp
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Date:
March
21, 2019
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By:
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/s/ Brad J.
Moynes
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Name:
Brad J. Moynes
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Title:
CEO
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