PHX 0.00% 4.5¢ pharmx technologies limited

Tyro and LOTS POS Partnership, page-7

  1. 1,514 Posts.
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    I disagree about getting together for an ASX listing; a backdoor listing costs $500k; small change.

    There was a thoughtful article in the SMH 21.7.17 on P21
    I will repeat here the relevent part
    "Banks could face a Kodak moment where they approach obsolescence in 5 to 15 years at the hands of new financial technology companies.
    The industry is being transformed by technology; customers realise there is a totally better and different way of doing what they want to do.
    A wave of fintech startups have made their first inroads into the market."

    Tyro seems to want to become a bank.
    R Ferguson was CEO of BT Bank back in the 1980s I think.
    Corum has a payments system and cluey software engineers.

    A match made in heaven? I don't want to wait 15 years but it suggests structural change is in the air!
 
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