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$1.07 southern cross payments ltd

Ann: Appendix 4C - quarterly, page-78

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n00bmasta

1,244 Posts.

141

04/08/20

15:04

Post #: 46293503
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Originally posted by itzgr82balive: ↑

@n00bmasta, ISX's customers' ethics are immaterial. As long as a business is allowed to transact (i.e. regulators have not stripped it of its licence to transact) then ISX SHOULD have these businesses as customers and monitor their transactions for AML/ATF transactions.

I imagine banks have tons of unethical customers and police monitor lots of unethical people. The banks and/or police are only unethical if the bank knows a customer is transferring funds for child pornography, AML or terrorism funding and does nothing. A policeman is only unethical if he/she takes money from an unethical person and does not report them.

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The issue at hand is that ISX is providing essential payment processing services to allegedly illegal businesses (scammers, gambling etc)

The very same customers that banks have chosen not to do business with.

ISX Price at posting: $1.07 Sentiment: Sell Disclosure: Held
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