Terrible news but expected, it should be no surprise to anybody.
Must foretell the end of the Novatti Bank/ RADI proposal, any day now, IMHO that dog of an idea must be put down.
With the incoming regulations of Assistant Treasurer, Stephen Jones, and his Government for BNPL, banks and payments providers like Novatti, it is all looking like the Deep South of financial services regulation is going to be more heavily regulated than previously down there in Australia.
For someone, perhaps consumers, it will be bon appetit.
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