Fintech minister places target on capital
The government will be looking at ways to boost private sector investment in the fintech and regtech industry – Fintech Minister Jane Hume.
Ex-Westpac execs raise $33m for home loan fintech
Two former Westpac executives have unveiled a fintech competitor to established home loan providers, with a bumper $33 million first funding round.
Emerging tech to add $30 billion to Sydney economy in 10 years
As the global economy shifts to a remote working model, interconnection technologies will continue driving Sydney’s growth as a digital economy.
TradeFloor buys OpenMarkets, broking revenue doubles
TradeFloor has acquired a controlling stake in OpenMarkets, after spending months inside the retail stockbroker stripping costs and updating its technology.
CBA invests in Slyp to drive digital receipts
Commonwealth Bank has joined the other big banks as an investor in start-up Slyp, a provider of digital receipts which can help to eliminate paper receipts
Bitcoin halving 2020: Dates, charts and what you need to know
The Bitcoin halving is a periodic event programmed into Bitcoin. It happens roughly every 4 years and the next halving is due on 12 May 2020.
Blockchain to secure contactless payments
Blockchain, which keeps track of all transactions, makes an excellent tool for financial services, particularly contactless payments.
Fintech revenues to reach US$500B by 2030: UBS Research
Fintech revenues are projected to grow from US$150 billion in 2018 to US$500 billion in 2030 according to estimates by UBS.