Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) (FRA:TA8), is pleased to announce that its wholly owned UK authorised electronic money institution has been notified of a Principal Membership agreement with Mastercard International Inc ("Mastercard"), for the United Kingdom. The iSignthis group now has principal agreements with Mastercard in the European Economic Area (EEA), Australia and the United Kingdom. The extension of the relationship will allow flykk(R) branded debit...
Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) (FRA:TA8) and its subsidiaries are pleased to present their 7th consecutive, positive, quarterly cash flow from operating activities. - Cash and cash equivalents at the end of the quarter of $16.6m remain broadly flat to the prior quarter ($16.7m) - Cash receipts of $8.0 m were down 10% versus the prior quarter - Costs of $7.2m were down 2% versus the prior quarter The Company is forecasting an (unaudited) FY 2020 Net Profit After Tax...
Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) (FRA:TA8) ("the Company") has been in discussions with the Australian Securities Exchange ("ASX") and Australian Securities and Investments Commission ("ASIC") and can confirm to shareholders that the reason the Company was suspended from trading on 2 October 2019 under ASX Listing Rule 17.3 was due to share price volatility over recent months. The Company welcomes a period of suspension from the ASX to give it time clear up rumour...
Melbourne, Australia (ABN Newswire) - "iSignthis is currently responding to separate queries from the ASX and ASIC, which have been triggered by recent share price movements in the company. "The company welcomes any opportunity to address regulator queries, which are a normal part of operating in regulated markets and industries, and is fully co-operating with regulators. "In the last year the company has faced multiple audits without any material concerns arising. "iSignthis will report further...
Melbourne, Australia (ABN Newswire) - Australian Securities and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX:ISX) (FRA:TA8) is pleased to provide the following operational update. - 30th September: Actual Annualised GPTV exceeds A$1.9bn (Up? 360% from 30th June) o Actual processed transactional volumes within the EU and AU Paydentity Ecosystem continue to grow in line with expectations as new business customers are onboarded o MSF % consistent with targeted 125Bps ecosystem average....
Melbourne, Australia (ABN Newswire) - Australian Securities and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX:ISX) (FRA:TA8) is pleased to provide the following operational update. - 31st August: Annualised monthly GPTV exceeds A$1.1bn (Up 160% from 30th June) o Actual processed transactional volumes within the EU and AU networks continue to grow in line with expectations as new business customers are onboarded - Business Customer approvals end August were up 28% to 270 (vs 210 at...
Melbourne, Australia (ABN Newswire) - Australian Securities and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX:ISX) (FRA:TA8) is pleased to provide the following update for the half year ended 30th June 2019. First Half Highlights to 30th June 2019: - Total audited operating revenue for the 1HFY19 of A$7.5m, up +49% YoY from A$5.0m - Total revenue including other income was A$8.2m, up +48% YoY from A$5.5m - 1HFY19 statutory loss after tax was 75% lower YoY at (A$0.7m) versus 1HFY18...
Melbourne, Australia (ABN Newswire) - 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...
Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) (FRA:TA8) is pleased to announce that it has appointed Elizabeth Warrell as its Group Chief Financial Officer. Elizabeth has 20 years banking and financial services experience in Australia and internationally, including her present role with the NAB (ASX : NAB) as the General Manager Finance, Consumer Banking. Elizabeth spent over 11 years at NAB, with roles covering the Consumer Banking business, including the Retail, Broker, UBank...
Melbourne, Australia (ABN Newswire) - iSignthis is publicly listed on the Australian Securities and Frankfurt Stock Exchange (ASX:ISX) (FRA:TA8). iSignthis provides payments, eMoney and identity verification services across multiple jurisdictions. iSignthis is 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. These services will soon also be available in...
Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX)(FRA:TA8) ("The Company") is pleased to announce that it has recently met with representatives from the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia (RBA), and advises that its applications are progressing well, and likely issued this quarter. Engagement with the Australian Securities and Investment Commission (ASIC) also continues on our Australian Financial Services License (AFSL). The Purchased...
Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) ("the Company"), is pleased to announce that it has now approved more than 150 reportable accounts(see Note 1 below). The focus this last month has been on more complex and larger entities, in sectors adjacent to our CFD/FX core markets. Onboarding of approved merchants continues at a pace driven by the merchant integrating to our API's, consistent with our guidance and expectations. Highlights - Company's patented AML KYCC system...
Nicosia, Cyprus (ABN Newswire) - iSignthis Ltd (ASX:ISX) ("the Company"), is pleased to announce that effective today, Dr George Theocharides has been appointed to the board of its subsidiary, iSignthis eMoney Ltd, following regulatory approval as a 'fit and proper' person under the European Central Bank requirements. Highlights - Appoints new board member to iSignthis eMoney Ltd board - Dr George Theocharides experience includes o CySec Board (Cypriot Securities sector regulator) o Bank of...
Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) (FRA:TA8) provides the Company's latest presentation. iSignthis is publicly listed on the Australian Securities and Frankfurt Stock Exchange (ASX:ISX) (FRA:TA8). We are 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...
Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) ("the Company"), advises that the Board has resolved to withdraw Resolution 4 from the agenda of the Annual General Meeting of shareholders scheduled for 11.00am (AEST) tomorrow. Resolution 4 related to the approval to issue an additional 10% of issued capital over a 12 month period. To be eligible to seek approval under ASX Listing Rule 7.1A, a listed entity must have a market capitalisation of $300 million, or less and not be...
Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) ("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 costs and will be contributing positively to the Company's EBIT line. Highlights - ISX enters extreme growth phase - Tier 1 operations commenced at scale late...
Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) ("the Company"), seeks to expand its executive team with the addition of a new Chief Financial Officer (CFO). The Company is in a growth phase, and establishing itself as a global payments and banking solutions company. In turn, this requires that the Company further deepens the skills, experience and capabilities of its executive team. Highlights - Company in growth phase, seeks new CFO to extend and add further skills to executive...
Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) provides the Company's Quarterly Investor Briefing - Q1 2019. Achievements Q1 FY 2019 - iSignthis is set for Growth. January - Commenced onboarding of merchants to our Tier 1 card processing facilities in the EU - Moved off our costly 3rd party EU Tier 2 & 3 arrangements, reducing our COGS and simplifying operations. - Extended our Intellectual Property portfolio (patents and trademarks) February - Activated more than 12 merchants...
Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) (FRA:TA8) ("The Company") is pleased to provide the following un-audited Appendix 4C for the quarter ended 31st March 2019. Highlights - Revenues: $1.85m UP 56% from $1.042 (Q4 2018) - Cash Receipts: $1.4m UP 55% from $0.9m (Q4 2018) - Annualised GPTV $380m (based on actual weekly run rate) - MSF (average) greater than 125bps The Company's regular Quarterly Investor Briefing with commentary on the 4C will also be released today. The...
Melbourne, Australia (ABN Newswire) - The directors present their report, together with the financial statements, on the consolidated entity (referred to hereafter as the 'consolidated entity') consisting of iSignthis Ltd (ASX:ISX) (referred to hereafter as the 'company' or 'parent entity') and the entities it controlled at the end of, or during, the year ended 31 December 2018. Principal activities iSignthis Ltd is an Australian headquartered global RegTech leader in remote identity...