Fees drop at Raiz
Investors using the popular spare change investing app Raiz are set to benefit from lower management fees, after the firm passed on fee cuts.
Smartpay (ASX:SMP) raises $13M to strengthen balance sheet
ASX-listed IT service management company Smartpay has raised $13 million and will use the money to strengthen its balance sheet.
AU regtech industry rallies for govt support to kickstart economy
There’s no better time to use Australia’s ‘smart economy’ to get the country back on its feet and regtech can help the government with its economic plan.
Banks will need to change the way they assess risk: Volt CEO
Volt’s CEO noted that major banks make decisions that are “data-based” and that mainstream lenders will need to learn new skills in order to assess risk.
PayPal rolls out QR codes
PayPal are rolling out a QR codes to 23 markets including Australia and will waiver the standard seller transaction fees for sales using this functionality.
Visa seeks patent on its ‘digital fiat currency’ project
Visa has filed an application for a patent on its digital fiat currency project – a system that will convert fiat currencies into digital currencies.
New payments platform turns up heat on credit cards
The New Payments Platform will reduce demand for credit cards that many customers link up to apps such as Uber or Netflix to make automated payments.
Fintech platform Identitii has laid the groundwork for a breakout year in 2020
For fintech platform Identitii, the strength of its network across leading multinational banking clients was one of the company’s early advantages.
