Author: Australian FinTech

Oct
22

Raiz partners with Swiss RE to develop tailored service offering

Raiz Invest Limited has reached an agreement with Swiss Re to work exclusively with Swiss Re to jointly research and develop tailored and personalised superannuation insurance products using machine learning algorithms. This will initially be for its Raiz Invest Super product. The research and development process will use predictive modelling technology, powered by machine learning developed by Swiss Re. This will include co-developing a predictive underwriting model which aims to deliver a simpler underwriting experience for customers. The aim is to develop a risk product inside superannuation that allows customers to have a personalised product, which is simple to apply for online. Predictive modelling will give Raiz Invest Super the […]

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Oct
18

Lendi announces co-major sponsorship of the West Coast Eagles

Online home loan platform Lendi, has announced a new partnership as co-major sponsor of 2018 AFL premiership winner, the West Coast Eagles Football Club.

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Oct
18

Verrency accelerates global expansion as the first FinTech to be selected into Plug and Play Fintech programs in three different countries

Verrency have announced expansion into Germany and another selection into Plug and Play’s prestigious Fintech Program. Verrency has been selected for Plug and Play’s accelerator programs in the Silicon Valley, Singapore and now in Frankfurt, Germany as the company extends its global reach in the FinTech market. Thousands of start-up companies apply to Plug and Play’s accelerator programs each year before being thoroughly reviewed by Plug and Play executives and their corporate Financial Institution partners. Only a handful get the opportunity to participate in the accelerator. Verrency has passed this test three times in three different countries. “It is wonderful to see Verrency thrive and it’s nice to have a […]

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Oct
17

Identitii lists on ASX

Identitii Limited (ASX: ID8), an Australian FinTech enabling the secure overlay of transaction level detail on top of financial messages using a  private blockchain, commenced trading on the ASX today at 11.00am AEDT. The listing follows a fully underwritten $11 million raising at $0.75 per share. 14,666,666 shares were issued for an undiluted market capitalisation at listing of $40 million. The Company is also pleased to announce the appointment of Clare Rhodes as Chief Marketing Officer and Mark Garvie as Chief Commercial Officer. Funds raised from the IPO will go towards further development and commercialisation of Identitii’s platform, already in use at a global bank, as well as to appointing […]

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Oct
16

Nimble checks in with QPC for Genesys PureCloud customer experience deployment

QPC, the specialist contact centre services and solutions company, has been awarded a contract to deploy and support the Genesys™ PureCloud™ all-in-one cloud customer engagement and collaboration contact centre platform at Nimble, a leading national online personal financial loans company. Based out of Melbourne and the Gold Coast, Nimble has provided over 1.4 million loans.  The company provides customers with decisions on loan approvals within minutes of a submitted application across any device. The decision to deploy PureCloud is part of a company-wide strategy to transition to a digital business and replace its legacy IT infrastructure with cloud technology to better service the changing behaviour of its customers who increasingly […]

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Oct
16

Australian FinTech partners with Digital Surge, Brisbane’s first Digital Currency Exchange Platform

Australian FinTech is excited to announce its official partnership with Digital Surge, Brisbane’s first digital currency exchange platform.

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Oct
15

Mint believes the future of payments is more rewarding, unveiling a bold new brand and vision.

Australian-based Mint Payments (ASX: MNW) has unveiled a new brand, new hires, and a bold promise to make payments more rewarding for merchants in the increasingly commoditised category. Following Mint’s announcement in April 2018 that it would increase focus on its Direct-to-Customer offering, the company commissioned a strategic deep-dive into the unmet needs and drivers of customers across its key verticals, including Hospitality, Travel, Retail and On-The-Go businesses. The work resulted in a new vision to create a different kind of payment experience — one that rewards customers, not just their business. Mint Payments’ Co-founder & Group CEO, Alex Teoh, said: “To help us design a richer Direct-to-Customer offering, we […]

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Oct
12

Digital Surge introduces new changes to help drive Bitcoin adoption

Bitcoin trading platform Digital Surge has announced important updates to to help onboard new customers and simplify the process of investing in Bitcoin. Better rates to Buy & Sell Bitcoins Digital Surge operates a full reserve order book meaning that all the trades on the exchange are fully backed by money in their bank and Bitcoins in their wallets. The price that you see when buying or selling Bitcoin is determined by other customers that place orders on the platform. They have been working to bring in more traders to further decrease the price of Bitcoin. You will now see that the price to purchase Bitcoin is much more competitive. […]

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