I hope people are aware that BNZ is a subsidiary of NAB.
If the current rollout goes well, I think it is very likely that NAB will adopt the technology for the Australian market - particularly as NAB is the leading small business bank in Australia.
If NAB does sign up, the potential snowball effect is there - MNW's product could become part of the big 4 banks' default product suite for business banking.
Only time will tell, but successful BNZ rollout could be the catalyst for Aus market entry.
Note also that MNW is first company that has been able to deliver amidst technology/regulatory barriers.
MNW Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held
