What question? that companies are ethically minded, probably not, we have seen with Crown Casino, Westpac, SingTel Optus, Medibank, CBA that they are not and you do not know about it. just look at Wirecard.
Novatti operates by its own admission, see title of this thread, at the fringes. You know Bendigo took over Bank of Cyprus AUstralia and renamed it Delphi Bank. obviously Cyprus was a bad call by Novatti? otherwise why would Bendigo stop using the Cyprus name for its subsidiary?
I think anyone that does not have permanent residence in Australia or citizenship should not be banked by Novatti, or anyone else. “migrant” banking, which is Novatti’s lead, is clearly designed off the immigration policy of “student” visas and “skilled” visas, which have been shown by Nick McKenzie to be open to abuse and used by pimps and prostitutes.
How can you have a “restricted” license for “migrant banking” when the immigration policy has been so tarnished by 60 Minutes, Nick McKenzie, the Age?
Not ethical, it should not be legal, like Wirecard, Australia does not want another Wirecard on its hands, you know a bank for pimps and prostitutes?
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