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iSignthis Ltd (ASX:ISX) Annual Report to Shareholders
Annual Report to ShareholdersMelbourne, Mar 9, 2021 AEST (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 stack. Business Update In 2020 the growth of the business was impacted by the ASX suspension, which caused the Company to lose several suppliers and customers, especially in Australia. Despite this, the Company has continued to grow revenue in 2020, up 21.6%. Pleasingly the Company saw strong revenue growth from transactional banking services as we continue to diversify our revenu ....
iSignthis Ltd (ASX:ISX) Mastercard Relationship Extended to United Kingdom
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 Mastercards to be linked to our electronic money services, providing ATM and point of sale access for flykk(R) members. The MoneySend agreement will further allow funds to be sent to any Mastercard globally from a flykk(R) account, providing flykk(R) members a means to remit funds conveniently, quickly, and cost effectively. ....
ISignthis Ltd (ASX:ISX) (FRA:TA8) and its subsidiaries are pleased to present their 7th consecutive, positive, quarterly cash flow from operating activities. ....