Possibly a great opportunity for ISX.
Property Exchange Australia (PEXA) is a new electronic Land Titles settlements platform.
This is soon to become compulsory.
It has been in the news over the last week as conveyancer emails have been hacked and false bank accounts set up.
The settlement funds sitting in trust, in a few cases, have disappeared.
Surely ISX's technology would be well suited for property transaction account verifications.
Interesting times for those buying a property.
ISX Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
