Just a reminder of a recent announcement from ISX about an immediate agreement with one of China's biggest e-payment platforms. This one platform agreement opens up access to (2014 numbers) US$77 Billion of payments. The agreement takes effect immediately and ISX platform contributes with the user identification and AML requirements.
With Alibaba's Taobao last week closing down accounts that were not 'identity confirmed' it is easy to see the explosive potential of ISX. TaoBao alone apparently has over 400mln users. We are just talking about 1 company in 1 country. The FinTech platforms are just gaining traction globally and the numbers we hear of today are minescule when we look back 2~5 years from now.
All my opinion and please DYOR - but I am very excited about the next 6 months with this stock.
