SP1 0.00% $1.07 southern cross payments ltd

What is interesting about the Presso is the companies use of...

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  1. 381 Posts.
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    What is interesting about the Presso is the companies use of mobile phone details to identify customers. Getting items such as IMSI (essentially the SIM card number), HLR Information (Home Location Register), Geo location, etc is not something the Telco’s would provide to just anyone based on security issues.

    It makes me think this presso is about ISX coming up with a possible solution to the countries current KYC/AML issues and trying to sell it to the Govt which will then regulate the telcos to provide the required information.

    In doing so it will extend the companies ability to provide KYC to more people other than those with bank accounts.
 
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