ASX:NAB and ASX: ISX Deal

Here's some media coverage;

https://www.finextra.com/pressartic...s-card-acquiring-and-settlement-deal-with-nab

https://ibsintelligence.com/ibs-journal/ibs-news/nab-signs-payments-agreement-with-isignthis/

http://www.thepaypers.com/digital-i...ices-agreement-with-australian-bank/765680-26

It's almost like ISX dont want to promote this.....yet. A deal with the NAB cant have been easy to secure - and I cant imagine that the NAB would enter into one with an early start unless it was convinced that there was substance and a plan.

No downside here at all, and will be interesting to see if XM.com come onboard. The Canaccord report estimates that ISX will make 50bps from deals like this. If XM.com does $12Bn / day as claimed in http://fairreporters.net/economy/largest-forex-brokers-by-volume-in-2015/ - so apportioning some of that to Australia and some of that to ISX, would put us in the money pretty quickly..........