Midwinter announces technology partnership with BUSSQ and Skylight Financial Solutions
Australian based financial advice technology provider Midwinter Financial Services announced its recent technology partnership with BUSSQ superannuation fund. This has seen Midwinter’s AdviceOS platform utilised for a range of advice channels within BUSSQ, namely face-to-face and phone-based advice. BUSSQ has also employed the use of Midwinter’s Client Portal as a meaningful client engagement tool. This partnership is in line with BUSSQ’s launch and rebrand of its financial planning business as Skylight Financial Solutions – which provides advice across all topics, within and outside of superannuation. Midwinter’s Head of Institutional Growth, Salvador Saiz is delighted about the ongoing relationship, saying, “Midwinter has worked closely with the BUSSQ and Skylight team to […]
How to take a FinTech through an IPO
Raiz Invest (previously Acorns Australia) launched in 2016, quickly amassing close to one million users. George Lucas, CEO is one of the more experienced founders in the FinTech NextGen series. Many CEO’s in financial services struggle to relate to the Millennial market, not so George and his Raiz Invest team. Discover his secrets in this interview with Dexter Cousins of Tier One People. How does Raiz Invest work? George:Raiz Invest is a micro investing platform, enabling users to invest in the markets with as little as five dollars all through an app on your mobile phone. Put simply, we enable users to save in the background of life. Raiz educates a potential […]
Data Action to underpin Australian banking disruptor 86 400
Data Action (DA), a leading Australian provider of Digital and Core Banking solutions, is pleased to announce that it has partnered with banking disruptor and neobank 86 400, to deliver its Core Banking platform. The cloud-based platform has been operational for several months with all payment rails (including real-time payments) established and money already flowing through the banking system. “Having 86 400’s Core Banking platform live and functional is hugely important for them as they move closer to a full-scale launch,” Data Action’s Chief Technology Officer, Brett Miller said. “We’ve witnessed several recent examples of costly and destructive Core Banking implementation failures across the banking industry, so we know how […]
86 400 marks completion of key milestones on road to public launch in 2019
86 400, a genuine alternative to Australia’s Big Four Banks, can today disclose that it has successfully achieved a number of key milestones as part of its mission to give Australians a better banking experience. The major milestones that the aspiring bank has completed since unveiling include: Product: Field testing of the beta 86 400 app with staff during Q4 2018 — as committed to during June’s unveiling Testing of the 86 400 debit card, Apple Pay, Google Pay and Samsung Pay across Australia and overseas 86 400’s Core Banking Platform sourced from its Australian banking technology partner Data Action has been operational for a number of months. All payment rails […]
The sacrifices of running a small business in Australia
A new YouGov study of small businesses in Australia has found the lengths that small businesses owners go to make a success of their ventures. The research, commissioned by Australia’s number one online lender to small business, Prospa, shows that more than half (54%) of small business owners spend 6-7 days a week on their business, with one in four (28%) working 7 days a week. Even when not at work, small business owners continue to be engrossed, with almost three-quarters (73%) agreeing that concerns around their business prevent them from relaxing during the holiday period. Overall, nine in ten small business owners feel distracted by work in other areas of their […]
IRESS expands open integration approach for XPLAN
IRESS has announced that clients will be able to easily allow third party software providers to directly access and integrate with XPLAN. The announcement is part of IRESS Open, which will see IRESS expand the number of integrations available to clients by making access to IRESS’ existing APIs simpler and easier. Under IRESS Open, clients will be able to integrate XPLAN with third party applications in two ways: Standard integrations – a new approach where clients can directly engage with third party providers and integrate XPLAN to a third party application simply and directly. These integrations will facilitate the transfer of data with the third party application, rely on a […]
BMY Group launches new digital platform AllFin
BMY Group is launching a new digital platform aimed at connecting Australian investment opportunities, products, professionals with Chinese investors, both domestically and overseas. Launching December 4, AllFin.com will matchmake companies, projects and investment managers seeking funding with relevant investors. It will also serve as a platform for thought-leadership, professional service providers and research in investment. BMY Group CEO Eric Gao said the platform is the natural evolution of BMYG’s business model, which has thrived on connecting Australian opportunities with Chinese investors. “In the last eight years, we have been working with high net worths and professional investors, to match them with opportunities, products and professional services in Australia,” Mr Gao says. […]
Australian payments fintech start-up Verrency secures major deal with the fastest growing bank in the United Arab Emirates
Global payments innovation service and Australia-based fintech Verrency is enabling payments innovation for the fastest growing bank in the United Arab Emirates, Liv., Emirates NBD’s lifestyle digital bank for millennials. The agreement will enable Liv. to leverage Verrency’s cloud-based payments service and fintech partners to enable cost-effective delivery of a multitude of value-added services to customers. Launched last year, Liv. is a mobile-only bank offering a lifestyle-based banking experience targeted at millennials. It is also the fastest growing bank in the country, with over 150,000 customers as of date. Verrency’s Commercial Director for Asia and Middle East, Aaron Oliver, said: “Verrency will enable Liv. to deliver on its innovation-led proposition […]
