Which Fintech sectors will gain from COVID-19?
CB Insights looks at the effects of COVID-19 on five fintech sectors: payments, insurance, banking and lending, wealth and capital markets, and real estate.
Kraken launches in Australia with AUD trading
One of the world’s largest cryptocurrency exchanges, Kraken, launches in Australia and clients can now fund their account and trade with AUD.
Australians are buying Bitcoin instantly with New Payments Platform
Australians are now buying Bitcoin instantly via the world’s simplest Bitcoin and Lightning wallet – Wallet of Satoshi.
Little need for a centrally managed digital currency in markets like Australia: RBA
What additional purpose would a centrally managed digital currency serve that electronic money from financial institutions is not already serving?
Online purchases thriving through COVID-19 as Zip revenues up 78%
Consumers have substituted trips to the mall with online purchases as evidenced by Zip Co’s results reporting a 78% increase in YoY monthly revenues.
Expect open banking to be a slow burn: Minister
With open banking set to begin in 2 ½ weeks, the government is keen to ensure expectations on initial uptake are realistic.
Pandemic pushes central bank digital currencies into top gear
Coronavirus is accelerating the development of central bank digital currencies as it has prompted millions of people to turn to cashless payments.
Moneytech launches inaugural webinar series
Fintech platform Moneytech has launched a live webinar education series, which saw 200 finance brokers tuning in from across the country.
