Bendigo Bank invests in mobile payment technology!?

Bendigo and Adelaide Bank has announced its foray into on-line and smart-phone financial applications with its purchase of a strategic equity stake in ‘Hub IT’.

Hub IT is an Adelaide-based company that has designed an online ordering system using smart phone technology, and was founded by former AFL star and Adelaide Crow, Brad Moran. Hub IT recently launched an application called ‘NoQ’ (no queue), which boasts more than 60 vendors, and 10,000 application downloads since its launch in September 2011.

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