Raiz Invest partners with UNSW to power rewards with machine learning
Raiz Invest Limited, the mobile-first micro-investing platform, has partnered with UNSW and with support from the NSW Government to develop a machine-learning recommendation engine for its Raiz Rewards. The new technology will recommend to Raiz customers more relevant offers and brands. It’s designed to provide a more seamless, personalised experience for customers when navigating more than 165 brands on Raiz Rewards. With a customer base of more than 179,000, skewing towards the under-35 demographic, the intuitive experience provided by machine-learning will better address the demands of this millennial audience. “Millennials have grown up with technology at their fingertips. They expect all their interactions to be easy to navigate and, above […]
New York fintech startup trueDigital’s new CEO to bring cross-border payments to Australia
trueDigital Holdings, LLC, a global provider of financial infrastructure technologies and products for the digital economy, announced today it has appointed former Bridgewater Associates executive Thomas Kim as its Chief Executive Officer and a Member of its Board of Directors. Kim brings an extensive track record of trading technology leadership at multiple major financial institutions and software providers to his role at trueDigital. He joins the company following seven years with Bridgewater Associates, where he most recently served as Chief Operating Officer of the Investment Engine Group. Earlier in his career he held positions as Managing Director at Lehman Brothers, responsible for the Townsend Analytics Electronic Trading franchise, and held […]
Macquarie signs up for the OpenInvest platform
OpenInvest, the online marketplace and platform giving investors access to a diverse range of Australian and international investment managers, has added an important string to its bow with the decision by Macquarie Investment Management to join up and add its portfolios to the menu. OpenInvest, which was launched last November with SMSF trustees the primary target, gives investors a platform from which to choose from a range of highly credible and experienced investment managers. As well as Macquarie, other managers include Schroders, Shaw and Partners, SG Hiscock and JBWere. Co-founder and CEO of OpenInvest, Andrew Varlamos, welcomed Macquarie to the platform, saying: “The investment management industry has the expertise and […]
BGL announces new support platform for CAS 360 and Simple Fund 360
BGL Corporate Solutions, Australia’s leading supplier of SMSF administration and ASIC corporate compliance solutions, is proud to announce the release of our new client support platform using Zendesk for CAS 360 and Simple Fund 360. “We have spent the past few months integrating CAS 360 and Simple Fund 360 with Zendesk to create a seamless support experience for our clients”, said Ron Lesh, BGL’s Managing Director. “Zendesk, used by over 200,000 organisations worldwide, will provide BGL clients with new support experience with more control over their support tickets and greater transparency on the support process”. The release of a new support platform with Zendesk is another game-changer for CAS 360 […]
Lakeba Group CEO Giuseppe Porcelli appointed as Chief Strategy Officer for Mobecom Ltd
Lakeba Group CEO and Founder Giuseppe Porcelli has been appointed by Mobecom Limited (ASX:MBM) as Chief Strategy Officer with immediate effect from 1 February 2019. He will join the Mobecom executive team and be introduced to shareholders in upcoming future meetings. The appointment is a natural evolution of the partnership between Mobecom and Lakeba. Earlier in 2018 Mobecom announced Lakeba as their blockchain developer partner to build the cryptocurrency solution, AirCrypto for airBux, their customer loyalty platform. Following that, at the end of 2018 Lakeba’s Paid By Coins venture was acquired by Mobecom just six months after the business had launched. Giuseppe Porcelli’s appointment comes as part of a wider strategic review Mobecom […]
Peppermint collaborates with BancNet on Mobile Banking
Peppermint Innovation Ltd (ASX:PIL) advises it has teamed up with BancNet to provide their mobile banking technology and services that facilitate electronic fund transfers (EFT’s) in real time to BancNet member outsourcing banks. BancNet is the Philippines single Automated Teller Machines (ATM) switch operator connecting the networks of local and offshore banks. It is a multi-bank, multi-channel electronic payments network that enables its members’ customers to transact not only at ATM but also at point- of- sale (POS) terminals, the Internet and mobile phones. BancNet is the largest interbank network in the Philippines serving ATM cardholders of its 114 members and affiliates with circa 20,000 ATMs and more than 5,000 […]
Square and MYOB team up to help small businesses
From today, global payments provider Square is teaming up with MYOB, one of Australia’s leading providers of online accounting solutions, to help time-poor business owners better manage their payments. The new partnership will completely automate the payment process for business owners, ensuring they no longer have to waste time manually rekeying their sales or customer data, making reconciling accounts easier than ever. The comprehensive integration will enable transaction data processed via Square’s payment platform to move simply and securely through to the business owner’s MYOB account. It will allow business owners to easily reconcile their sales in a number of different ways, including: by product or category, by store location, […]
Legally certified identity verification solution ‘light years ahead’ of the market
Max ID®, an Australian Legal Practice and Reg-tech innovator, has been named as a finalist for the Fintech Business Start Up of the Year and Compliance Innovator of the Year at the Fintech Business Awards 2019. The Fintech Business Awards, one of the leading awards programs in the Australian technology sector, celebrates the leading individuals and organisations who demonstrate outstanding innovation and entrepreneurship. In late 2018, after testing and piloting with a number of clients had been successfully completed, Max ID publicly launched the solution that brings a broad range of industry players a step closer to their aim of delivering simple, efficient and inexpensive same-day fully compliant ‘safe harbour’ […]
