The finalists of the 2019 Fintech Business Awards have been announced
The finalists of the 2019 Fintech Business Awards have been announced. Congratulations and good luck to all the finalists – both individuals and companies.
Know whether your bank is giving you a good home loan deal with uno’s loanScore
Australian fintech uno Home Loans is empowering customers to take back control with the launch of loanScore.
Bank sector transformation will come with open banking, competition: Xinja
Australian neobank Xinja said transformation of the financial services sector, described by Royal Commissioner Kenneth Hayne as often driven by greed, will only happen when consumers have clear choice, and can move easily and quickly between banks and other providers within the banking sector. The final report from the financial services Royal Commission paints a damning picture of the culture that drives Australia’s banks, with Commissioner Hayne imploring those who run Australia’s biggest and most profitable financial institutions to ‘obey the law’, ‘act fairly’ and offer services that are ‘fit for purpose’. “The reality is, the reason we’ve reached this low is that the sector has been controlled by a […]
Ezidebit goes back to childcare roots after 12 months on the sidelines
Payments solution group Ezidebit is making an aggressive push back into the booming childcare industry after 12 months on the sidelines. Ezidebit provides an integrated payments solution to streamline collecting of fees for childcare centres and Outside School Hours Care services, reducing time spent in reconciling payments. Ezidebit has more than 20 years’ experience in the childcare industry, with a dedicated team to support the segment, but has been excluded from operating in the sector since the sale of partner QikKids in early 2018 where it was previously the exclusive payments provider. Ezidebit Managing Director Australia and New Zealand Mark Healy said: “Our heritage is in childcare and we fully […]
Is it time Australian investors bought into the fintech story?
By George Lucas, MD/CEO, Raiz Invest Tell Australian investors that a hole in the ground could prove to be the next El Dorado and they will fall over themselves to push a one-cent share into the stratosphere. But tell them about an exciting high-tech venture that is disrupting the market and you can hear the audible yawns. Raiz Invest’s former parent company, the privately-owned US company Acorns, recently raised $US105 million ($A145million) to continue to fund its operation. The Wall Street Journal reports this gives Acorns a $US860 million ($A1.186 billion) valuation. CNBC reports that Acorns US has more than 4.5 million sign-ups, 2.1 million investment accounts and circa $US1.2 […]
BGL releases new fund transfer feature for Simple Fund 360
BGL Corporate Solutions, Australia’s leading supplier of SMSF administration and ASIC corporate compliance solutions, has released an automated fund transfer feature in Simple Fund 360. This feature allows funds to be transferred between Simple Fund 360 clients. “This was the No 1 feature requested by clients” said BGL’s Managing Director, Ron Lesh. “In the past, BGL had to handle this process much of which involved manual loading of files and data input”. Now, Simple Fund 360 can transfer funds from one subscription to another with a few mouse clicks. All fund details, data feeds and full transaction history are moved across and a copy of the fund remains with the […]
Crowd Property Capital’s Non Bank Development Funding Guide 2019 – rates and jargon explained
There are now numerous non-bank funding options available to developers and no shortage of lenders ready to deploy capital into quality projects with sounds fundamentals. The sector has matured over the last 2-3 years but there are many pitfalls (and a lot of jargon which we explain in the guide) to navigate. This guide looks to inform and assist developers considering non bank options for their projects. To download the guide, please click here.
Revolut partners with ClauseMatch prior to the expansion in Australia, Singapore and Japan
Revolut, a digital-only bank and UK’s fastest growing FinTech, announced today that it has signed an agreement with ClauseMatch. Following a successful trial period, Revolut is adopting the innovative regulatory technology from a London-based RegTech to streamline management of internal policies, controls and regulatory compliance. Revolut has experienced significant growth since it was founded three years ago, developing within an extremely regulated environment. Europe’s fastest-growing FinTech player has over 3.7 million users across 28 markets in Europe, and is preparing to launch in the US, Canada, Australia, New Zealand, Singapore and Japan in the coming months. Revolut is currently working in multiple jurisdictions with different rules applied to financial services […]
