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ISX, ISIGNTHIS LTD
blacksheep
post Posted: Aug 9 2019, 01:58 PM
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Posts: 6,076
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SP up 11.79% @ $1.09 on this news
QUOTE
Visa Inc Australian Principal Membership
Melbourne, 8th August 2019: iSignthis Ltd (ASX: ISX|FRA: TA8) (“The Company”) is pleased to announce
that it has entered into an Australian Principal Member licensing agreement with the Asia Pacific
Singapore based regional subsidiary of Visa Inc (NYSE: V).

The agreement allows the Company to act as a merchant’s card acquiring institution, and process card
not present (online/remote) payments and make settlements on behalf of the merchant from cards
issued anywhere globally by other Visa Principal or Associate member institutions. The Company
generates revenue from its contracted merchants by charging a percentage fee known as the Merchant
Discount Rate (MDR) on the sale amount processed on behalf of the merchant.

The overall value of the card processing market in Australia was $748,110,632,702 in 20171 across all
card schemes, with the majority of that value being in retail point of sale as card present transactions.
Visa is a global payments technology company that enables fast, secure and reliable electronic
payments, with more than 3.3Bn cards worldwide across 200 countries and territories, and capacity to
process more than 65,000 transaction messages per second.

Visa’s mission is to connect the world through the most innovative, reliable and secure digital payment
network that enables individuals, businesses and economies to thrive. In addition to the card issuance
and acceptance network, Visa has developed a number of innovations to support new ways to pay.

Principal membership of major card schemes is a complex process, with the Reserve Bank of Australia
(RBA) regulating card payments2 and access by institutions3 to the major card schemes, including Visa.
Each card scheme must then be licensed individually, which in this case included Visa’s assessment
criteria4 requiring the Company to demonstrate the following:

• Fraud and security controls.
• Corporate and ethics governance.
• Sound business practices.
• (Relevant) Business strategy.
• Business continuity.
• Information consistency and security.
• Information conciliation.
• Services availability

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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
terrine
post Posted: Aug 9 2019, 01:43 PM
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Posts: 572
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well we are halfway there...
to being a 10 bagger that is
woohoo

 
terrine
post Posted: Jul 30 2019, 09:33 AM
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Posts: 572
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In Reply To: blacksheep's post @ Jul 24 2019, 02:26 PM

asx quartlerly and investor update this morning
cashflow positive - $1.35m
cash receipts up 329% over last quarter
buyers are in the starting gate...


 
blacksheep
post Posted: Jul 24 2019, 02:26 PM
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Posts: 6,076
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In Reply To: terrine's post @ Jul 24 2019, 02:20 PM

Article doesn't really say much more about ISX - other than they are LONG.

Most of the article is dedicated to stocks they are selling or short - offloading those stocks which they feel are now more than fully valued and shorting those overvalued for various reasons

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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
terrine
post Posted: Jul 24 2019, 02:20 PM
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Posts: 572
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In Reply To: blacksheep's post @ Jul 24 2019, 02:13 PM

Unfortunately cant read much of that article, but why wouldnt you lock in profits, its been a stellar trade

 
blacksheep
post Posted: Jul 24 2019, 02:13 PM
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Posts: 6,076
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Extract - Why the best performing hedge fund is selling - LHC is LONG ISX

QUOTE
Other long positions include ASX-listed payments company iSignthis, and high flying tech stock Altium.

https://www.afr.com/business/banking-and-fi...20190723-p529t2
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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 


nipper
post Posted: May 18 2019, 05:20 PM
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Posts: 5,840
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💥💪



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: May 18 2019, 05:18 PM
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QUOTE
iSignThis is the only neobank offering payments, eMoney deposit taking and identity verification across multiple jurisdictions.

As a neobank, we are authorised as an EEA authorised Monetary Financial and Payment Institution, with license to issue emoney, IBAN bank accounts, and operate transactional banking and card services across Europe and which will soon also be available in Australia.

We provide services to cross border, regulated and high value businesses, which includes a complete customer onboarding solution, remote identity verification, credit scoring to payment processing, settlement, spot FX and deposit taking emoney services.

Our inhouse developed Paydentity™, Probanx® and ISXPay® platforms make delivery of these services possible. We have identified more than 1.6m customers to a full AML KYC standard using our patented technology. Most of these customers would be considered high middle to upper income category or high net worth individuals.

The iSignthis Probanx® platform now underpins core banking and core networking software to more than 25 banks, credit unions, and payment institutions in North America, Asia Pacific and the EU/EEA, as well as to iSignthis itself in the EU and Australia (as an ADI applicant)
.... and another rise; well above 60c



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
terrine
post Posted: May 17 2019, 10:52 AM
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is anybody listeningAGM today, crowd loves it up 15%Had to pull a resolution regarding share issues for small caps - under $300mFrom date of agenda for AGM to actual AGM the market cap had doubled to over $500mdo your research


 
terrine
post Posted: May 14 2019, 10:39 AM
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"Melbourne,14thMay2019:iSignthis Ltd(“the Company”),is pleased to announce that, on the basis of its cash receipts and unaudited management accounts, that it has achieved a ‘break even’ position on a weekly cash run rate basis.That is, gross profits on the basis of cash receipts now exceed group operating costsand will be contributing positively to the Company’s EBIT line."...should be all positive from here

 
 


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