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iSignthis, auditor Grant Thornton hit with class action
A shareholder class action has been lodged against iSignthis and auditor Grant Thornton over the delisted fintech's 2018 financial statements.
Zip hopes High Court buys honest concurrent use defence in high-stakes trade mark suit
Buy now, pay later giant Zip will ask the High Court to throw out a ruling that found it infringed mortgage provider Firstmac's 'Zip' trade mark and barred it from using the name in Australia.
Firstmac wins high stakes appeal in trade mark fight with Zip
An appeals court has found Zip Co infringed the ‘Zip’ trade mark of mortgage provider Firstmac, making orders restraining the buy now, pay later giant from using the name.
EML wins extra time to respond to class action’s ‘new case’
Payments processing company EML has won more time to respond to a new pleading in a shareholder class action over its alleged failure to disclose Ireland central bank’s concerns with its anti-money laundering compliance.
Fintech Wise loses challenge to ‘Bitwise’ trade mark
UK currency exchange Wise has lost its challenge to a crypto asset management firm's ‘Bitwise’ trade mark, with IP Australia finding it could not monopolise the word ‘wise’.
iSignthis wins fight to bring evidence of offers to settle with ASIC
Hoping for a discounted penalty, fintech iSignthis has won its bid to adduce evidence of without prejudice offers it made to reach a resolution with ASIC before the regulator took it to court.
Fintech start-up Chippit defeats PayPal’s opposition to ‘PayPool’ mark
Australian fintech start-up Chippit Financial has defeated PayPal's challenge to its bid to register 'PayPool' as a trade mark for a new lending product.
iSignthis’ John Karantzis could not pay $1.5M penalty, court told
The former CEO of fintech iSignthis would need a loan to pay a $1.5 million penalty sought by the corporate regulator for breaches of directors duties, a court has heard.
PayPal’s 60-day complaint deadline in small biz contracts unfair, judge says
The corporate regulator has secrued orders barring fintech giant PayPal from enforcing a term in its contracts with small businesses that set a two-month deadline for complaints about excess fees.
iSignthis, former boss breached obligations over ASX disclosures, court finds
A court has found iSignthis and its former CEO Nickolas John Karantzis breached the Corporations Act in disclosures to the stock market about one-off revenue and the termination of the fintech's business arrangement with Visa.