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Ann: SWIFT Operational Update, page-283

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feaby

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09/12/19

19:33

Post #: 41876680
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Originally posted by hotmix87: ↑

From the IR email today

"These results have been achieved in just over 10 months of operating our Paydentity™ ecosystem. Paydentity™ is already connected to the SEPA EU interbank rails, to the Visa, Mastercard, JCB, Diners, Discover card ecosystems, as well as shortly to the international SWIFT via our EU SWIFT code ISEMCYXXX."

Looks like ISX "EU SWIFT CODE" ISEMCY22XXX was directed to Australia

ISX has two other SWIFT CodesISEPAU31 - which is for iSignthis eMoney AU

ISIGAU31 - which is for corporate iSX

Looks to me like they are redirecting their EU domain back to the EU and connecting to Target2, and possibly getting ready to connect ISEPAU31 to the RBA ESA.

That would allow international multicurrency to flow in to their Australian operations via their Australian SWIFT Code, and support this statement:

"With our Reserve Bank Exchange Settlement Account (ESA), AFSL and ADI licenses already in progress, ISX will in future be able to compete directly with the ASX owned Austraclear that offers BIS Model 1 with T+2 and single currency. ISX will deliver a far more advanced BIS Model 2 and 3 DvP, incorporating T+1 and multi-currency settlement. This will in due course give a large number of Australian brokers direct connectivity to ISX’s ecosystem, and Australia an alternative to the Austraclear monopoly."

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hotmix and streetie in a knockout bout. I know who my money's with! Give it time

ISX Price at posting: $1.07 Sentiment: Hold Disclosure: Held
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Ann: SWIFT Operational Update, page-283

Top Stories

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Buxton projects new graphite province discovery at WA Narryer play

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BCI reaches close of funding facility for salt-first part of Mardie project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

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