CBA-owned fintech backs home buying start-up
Fintech start-up OwnHome, a company that purchases homes for home buyers, has secured funding from CommBank’s x15ventures.
APRA gives TransferWise a restricted banking licence
The Australian Prudential Regulation Authority has awarded TransferWise, one of Europe’s largest fintechs, a restricted banking licence for Australia.
CDR poses risk and opportunities for brokers
The mortgage industry believes that the introduction of Consumer Data Right and Open Banking could hold opportunities for brokers.
RBA eyes wave of digital sovereign currencies
What is a digital sovereign currency? It’s basically a digital version of a sovereign currency, or the bank notes that central banks use.
Iress confirms post-OneVue advice service play
Iress will combine OneVue’s managed fund registry with the Iress financial advice and trading front-end technologies.
NOW Finance launches ‘no-fee’ personal loans
NOW Finance CEO Richard Blumberg said the offering is intended to improve the transparency and simplicity of personal loans.
Australian SMEs are going to pull through
Concern that a large amount of Australian SMEs are destined to fail after the government stops its direct support measures has been blown out of proportion.
Finsure partners with illion Open Data Solutions
Finsure has partnered with data and analytics provider illion Open Data Solutions to integrate BankStatements within its CRM platform, Infynity.