Author: Australian FinTech

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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Oct
12

The reasons Bitcoin is still first in the ranks

After a decade, Bitcoin is still ranked number 1 on the list of cryptocurrencies. No other coin has come close to taking its crown and reaching the level of the Bitcoin price. In fact, in 2018, it seems to be cementing its place at the top rather than slipping. We know that Bitcoin is just a protocol and that protocols can easily be copied and forked to create new cryptocurrencies. Many of those new currencies seem to have a technological advantage over Bitcoin. So what is it about Bitcoin that keeps it at the top?   Bitcoin is Still Number 1 Despite everything that has happened, Bitcoin has retained over […]

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Oct
09

Australian Fintech finalists at the 2018 Optus My Business Awards

Congratulations to the Australian Fintech companies nominated for the 2018 Optus My Business Awards: Fintech Business of the Year Airwallex AtlasTrend BGL Corporate Solutions Curve Securities Huddle Insurance Moneycatcha MoneyMe SocietyOne Tic:Toc Home Loans Wisr Business Leader of the Year Anthony Nantes, Wisr Young Business Leader of the Year Chaz Prezident, Crowdfunding.com.au Start-up Business of the Year Trade Ledger   Winners of the 2018 Optus My Business Awards will be announced at The Star, Sydney on Friday 9 November 2018.

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Oct
09

Australia’s first next-gen digital bank is live

South-Melbourne based technology developer, Ferocia – presented the wide range of benefits this next-gen digital bank will offer customers.

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Oct
08

YTML opens Seido Financial Advice App Store

YTML will officially open the Seido Financial Advice App Store at the Association of Financial Advisers (AFA) Conference on the Gold Coast this week. YTML CEO, Kevin Liao said Seido, which has already attracted various providers including SuiteBox,  AstuteWheel, Omnium, ChantWest and customised offers, enables Apps which have been designed for each stage of the financial advice process to work together to create client-friendly, succinct and compliant advice documents in a fraction of the time it currently takes. “In this sense, the Seido App Store moves beyond what we traditionally think of when we think of App stores,” Mr Liao said. “It is designed to not only act as a […]

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Oct
04

Accenture launches Innovation Centre for Risk and Compliance in Australia

Accenture has launched a new Innovation Centre for Risk and Compliance in Sydney to help financial services clients quickly develop and scale advanced data, analytics and artificial intelligence (AI) capabilities. With financial services organisations facing an increasingly complex and challenging operating environment, the new innovation centre will help these institutions cost effectively improve the quality and consistency of compliance and enhance transparency with customers and regulators. Offering an alternative to the traditional manual and labour-intensive approaches to regulatory compliance, the innovation centre will help clients better target problem areas and accelerate remediation efforts using a new generation of data management, intelligent automation and advanced analytics capabilities, powered by big data, cloud […]

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Oct
03

Recent political turmoil causing millennials to spend less

New research by Raiz Invest, the mobile-first micro-investing platform, shows the recent political climate has made millennials more financially risk averse, with almost half (44%) spending less than six months ago. An even greater proportion (48%) considering changes to their investment strategy. More than 1,000 young Australians were asked about changes in spending and savings habits, as well as trust in major institutions around personal finances – including superannuation, savings and investment funds – to uncover the impact of these major events on their behaviour. Australians are feeling disillusioned No surprise that nearly one in three (29%) mistrust their financial institutions with their superannuation, with a third (34%) remaining neutral. […]

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Oct
02

UBank announces partnership with MSA National to provide DigiDocs

UBank, Australia’s leading digital bank, has today announced a partnership with MSA National to provide its customers with a more efficient and convenient way of signing home loan documents. Known as DigiDocs, the service provides eligible customers a way to quickly and securely review and sign loan documents on their computer or mobile device quickly anywhere, at any time. Powered by MSA National and using the DocuSign platform, DigiDocs uses encryption and two-factor authentication to provide customers safe and secure processing. Anna Vincent, UBank’s Head of Customer Home Loans, said, “Getting a home loan is one of the most important decisions a person will make in their lives, and at […]

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