Resimac acquires stake in fintech finance company
Resimac has purchased a 15% stake in Australian fintech company Positive Group, a pool of finance companies dealing with asset finance, mortgages and advice
ANZ, CBA, Westpac, Scentre, IBM form bank guarantee blockchain company
ANZ, CBA and Westpac, with Westfield shopping centre operator Scentre and IBM, are building a blockchain-based platform for bank guarantees called Lygon.
Fintech is the ‘new normal’ with 55 per cent of consumers regular users
More than half of banking and financial services customers around the world use fintech products, according to deVere Group.
Open banking faces delay due to data concerns
Open banking could be delayed after Labor said it was unlikely to pass the requisite legislation by the end of this month due to data concerns.
Crowdfunding as a game changer for SMEs
Crowdfunding and the new equity rules have the potential to be a game changer for Australian proprietary companies.
The changing face of financial advice
Open banking platform Basiq and CRM software provider AdviserLogic have partnered to solve this issue and improve the way financial advice is given.
GBST opts to go with SS&C
Financial services technology provider GBST looks set to go with a takeover bid by Nasdaq-listed SS&C after being the subject of offers from Bravura and FNZ
Don’t forget, the ATO wants to tax your Crypto
The Australian Tax Office recently declared its intention to target crypto traders who are avoiding paying the proper amount of tax.