Novatti Group Limited provided an update on the development of its new banking business. Novatti continues to work proactively with Australia's banking regulator for the approval of its licence. It remains in the final stages of this process, where the banking regulator completes its application assessment and makes a decision on the licence approval. In particular, Novatti is seeking to move into the final licensing decision stage where, in accordance with latest guidance from the regulator, a licensing decision is ordinarily made within 90 days. This announcement follows some of Novatti's recent growth-focused achievements, including: Visa and Mastercard acquiring licences Quarterly sales revenue breaking through $5m for the first time in the September quarter. Announcing the agreement to acquire leading South East Asian fintech, ATX Expanding its partnership with Ripple into Thailand.