SP1 0.00% $1.07 southern cross payments ltd

ISX is well respected by the likes of ASIC and APRA, they have...

  1. 1,971 Posts.
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    ISX is well respected by the likes of ASIC and APRA, they have presented their solution to them. They have made my eyes wide open and it will be a fintech leader. The technology is without question the most amazing piece of fintech to be born from Australian roots. They know this, ASX knows this, many other envious eyes know this. You don't get a chance to break into this market without force and push back from the industry to test you. They will next have Swift Tier 1 done by march, then ADI/AFSL, then break into the monopoly which is the Clearing & Settlement system. ASIC needs ISX and the likes of the International Monetary Fund (IMF) they are sick of the ASX monopoly situation and have voiced their concerns. For all we know, ISX is in bed with many of these departments and the ASX is not.




 
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