Nieuws en video's - ISIGNTHIS LTD

Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) (FRA:TA8) and its subsidiary (the Group) presents its quarterly cash flow and business activity report, as at 31 March 2022. - Cash and cash equivalents at the end of the quarter of $2.6 million, was down $0.3 million from the prior quarter ($2.9 million), inclusive of $1 million placed on trust as part of the Company's ASX legal procedings. - Net cash outflows from operating activities was $0.8 million in the quarter, due largely to...

Melbourne, Australia (ABN Newswire) - In 2021 the iSignthis Ltd (ASX:ISX) (FRA:TA8) completed the demerger from ISX Financial EU Plc ('ISX EU'). Post the demerger of ISX Financial EU Plc from iSignthis Ltd, the Company retained one subsidiary iSignthis Australia Pty Ltd (ISAU). ISAU is an Australian principal member of Mastercard. The Company also retains card acquiring licences from ChinaUnionPay, Diners Discover and American Express, in addition to Mastercard, for the Australian region. Post...

Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) (FRA:TA8) and its subsidiaries (the Group) are pleased to present their full year 2021 financial statements and Appendix 4E. During the period the Group incurred a loss of circa $2.5 million, due to increased legal and advisory costs during the period (up $1.7 million to $3.8 million) as a result of costs due to the demerger and the ongoing costs related to both the ASX and ASIC legal cases, combined with a lower profit from...

Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) (FRA:TA8) presents its quarterly cash flow and business activity report, as at 31 December 2021. - With the demerger from ISX Financial EU Plc ('ISXFEU') now complete, the Group will change its reporting currency back to Australian Dollars, with the Group's expenses and assets largely now in Australian dollars. - Net cash outflows from operating activities was A$0.98m in the quarter, due to legal fees related to both the ASX and ASIC...

Melbourne, Australia (ABN Newswire) - The Board of iSignthis Limited (ASX:ISX) (FRA:TA8) has been informed today by Mr John (NJ) Karantzis Chairman that he will step aside from his role as Managing Director, but will remain as a non-executive director of the Company. Mr Tim Hart, Executive Chairman said today: "With the demerger from ISX Financial EU Plc now complete and Mr Karantzis relocating to Cyprus, it is appropriate for him to step aside as Managing Director to allow him to focus on the...

Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) (FRA:TA8) advises that its subsidiary, iSignthis Australia Pty Ltd ('ISAU'), has withdrawn its application for a Purchased Payment Facility (PPF) from the Australian Prudential Regulation Authority ('APRA'). ISAU commenced the PPF licensing application process in 2018, since which time a number of factors have changed substantially. One such key factor is the civil litigation and damages case brought by ISAU's parent iSignthis Ltd...

Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) (FRA:TA8) made available today the Federal Court of Australia sealed copies of its 4th Amended Statement of Claim, the ASX's Defence to the 4th Amended Statement of Claim, and iSignthis reply to the ASX Defence. iSIgnthis is claiming $462m and upwards in damages against the Australian Securities Exchange for misleading and deceptive conduct. The damages continue to accrue for each month that the ASX refuses to lift the suspension of...

Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) (FRA:TA8) and its subsidiaries (the Group) presents its quarterly cash flow and business activity report, as at 30 September 2021. This is the last combined report pre the demerger of ISX Financial EU Plc on 18 October 2021. - Net cash from operating activities was EUR0.2m in the quarter. - Cash and cash equivalents at the end of the quarter of EUR8.5m was down EUR1.3m from the prior quarter (EUR9.8m) due to investments in capitalised...

Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) (FRA:TA8) is pleased to announce that the demerger of ISX Financial EU Plc ("ISXFEU") is complete. The demerger follows the 98.13% shareholder vote in favour, which excluded major shareholders Select All Enterprise Ltd and Red 5 Solutions Ltd. Shareholders of the Company as at 5pm AEST 18th October 2021 are now shareholders in ISXFEU, based upon 1 share in ISXFEU for every 10 shares held in the Company. ISXFEU has engaged Automic...

Nicosia, Cyprus (ABN Newswire) - Discover(R) Global Network and ISX Financial EU Plc, the issuer of flykk(R) eMoney in the European Union and the United Kingdom, today announced their partnership to issue and link Discover(R) Debit cards to the flykk(R) IBAN-based electronic money service. flykk(R) customers soon will have the option to link a Discover Debit card to their IBAN, in turn providing them a convenient alternative means to use flykk(R) at physical point of sale merchants. The cards...

Melbourne, Australia (ABN Newswire) - iSignthis Limited (ASX:ISX) (FRA:TA8) is pleased to announce that it is exploring a proposed demerger of subsidiary ISX Financial EU Ltd (ISXFEU), by way of a reduction in capital of ISX. The proposed demerger would be subject to ISX shareholder approval at a general meeting on a date to be announced, most likely in October. - ISX to be effectively split into 2 separate entities, owned by same shareholders in same proportions / percentages. - Current ISX...

Melbourne, Australia (ABN Newswire) - iSignthis Limited (ASX:ISX) (FRA:TA8) has amended its Statement of Claim in its Federal Court Proceedings against ASX Limited (ASX:ASX) (copy attached*). The amendments follow a review of documents made available by ASX through the litigation discovery process. Consequently, in addition to its existing claims, ISX now also formally contends that: - ASX Limited had no justifiable basis to suspend the shares of ISX from quotation; - ASX Limited's decision to...

Melbourne, Australia (ABN Newswire) - More than 10,000 ordinary Australians, including pensioners, mum, dads and young couples, were disenfranchised of their stock holdings in iSignthis Ltd (ASX:ISX) by the ASX suspension condoned by ASIC. Many shareholders have suffered severe financial hardship, which was made far worse during the course of the pandemic. iSignthis has received reports from shareholders that the suspension has meant that they have not access to significant amounts of their...

Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) (FRA:TA8), and its subsidiaries (the Group) are pleased to present their quarterly cash flow and business activity report. - Cash and cash equivalents at the end of the quarter of EUR9.8m was up EUR0.2m from the prior quarter (EUR9.6m) due to improved revenues and the receipt of a previously disclosed Mastercard receivable, partially offset by increased legal and related costs in the quarter. - Net cash from operating activities was...

Melbourne, Australia (ABN Newswire) - The Australian Federal Government has recently flagged a move to call time on the free-for-all from Australian proxy advisory firms. I know I speak on behalf of the majority of iSignthis Ltd (ASX:ISX) (FRA:TA8) shareholders when I welcome Treasurer Josh Frydenberg's plans to regulate this self-declared 'independent' industry. These much-needed rules are welcomed by companies such as iSignthis Ltd (ISX) because we have lived through the damage proxy advisers...

Melbourne, Australia (ABN Newswire) - The Federal Government has recently flagged a move to call time on the free-for-all from Australian proxy advisory firms, and we welcome Treasurer Josh Frydenberg's plans to regulate this self-declared 'independent' industry. These much-needed rules are welcomed by companies such as iSignthis Ltd (ASX:ISX) because we have lived through the damage proxy advisers can cause to a company, its shareholders and its investors. The facts and timeline tell the story...

Melbourne, Australia (ABN Newswire) - iSignthis Ltd (ASX:ISX) (FRA:TA8) discloses that, consistent with the ISX Group's strategy outlined in the previous announcements of 28th May 2020 and 20th February 2020, the Company's subsidiary ISX Financial EU Ltd ("ISXEU") has taken up the option to participate in the NSX Limited (ASX: NSX) $3.5m capital raise. Additionally: - The ISXEU placement is subject to a successful NSXL shareholders vote. - The placement amount applied for by ISXEU was for One...

Melbourne, Australia (ABN Newswire) - NSX Limited (ASX:NSX) announces that the Board has appointed Professor Graeme Samuel, AC as a non-executive director effective 27th April 2021. Professor Samuel will also join as a non-executive director of NSX's wholly owned subsidiary, the National Stock Exchange of Australia Limited ("NSXA") once the required procedures are complete in accordance with NSXA's Australian Market Licence and NSXA has received ASIC's no-objection to the appointment. Professor...

Melbourne, Australia (ABN Newswire) - iSignthis Limited (ASX:ISX) (FRA:TA8) is pleased to announce that the Australian Financial Review (www.afr.com) has today published the following apology on page 2 of its printed edition: "Apology to Nickolas John Karantzis On 2 and 7 July 2020, The Australian Financial Review published articles entitled "Etherstack pump straight from iSignthis playbook" and "More alternative facts from iSignthis boss John Karantzis" which referred to you and your company...

Melbourne, Australia (ABN Newswire) - In 2020, with the build out of the Group's our own Tier 1 card scheme and central banking connections and infrastructure complete, the business has focused on the development of new products and services for our customers, as well as continuing to grow our Customer Base in our Re-Tech Solutions division. We also made a significant investment in NSX Limited ('NSX'), and are starting to see NSX make significant progress as it builds out its own technology...