3rd Annual FinTech Awards – Last Week For Entries!
Entries for the 3rd Annual Australian FinTech Awards 2018 are open for one more week, closing on Monday 23rd July. Glen Frost, Founder of the FinTech Awards, called for Australian fintechs to submit their entries for the 2018 awards this week “to ensure Founders, teams and fintech businesses get the recognition they deserve!” “The entry process is easy – tell us in 400 words why you should win an award. Give us details on outcomes and success; tell us about your innovation and advocacy. Plus entry is free,” added Frost. “The FinTech Awards cover the whole eco-system, from Lenders to InsureTech, and recognize businesses as well as individuals, with Awards […]
CashDeck releases API, integrates with Ezidox
CashDeck, one of the leading platform providers that helps borrowers quickly and securely provide their bank statements and at the same time, generate a detailed income and expense analysis based on the borrowers’ actual transactions, today announced they have opened up their platform capability with an API. As part of this move, CashDeck is aligning the platform with Ezidox, Lakeba’s well known software solution for document collection and management. The CashDeck app is currently used by more than 700 broking firms and boasts a high satisfaction rate with both brokers and their clients. It helps lenders, aggregators, brokers and software developers simplify the process of accurately analysing living expenses. Wayne […]
Stone & Chalk unites Melbourne and Sydney with launch of $255 million mega-hub
Asia’s largest fintech innovation hub, Stone & Chalk, is uniting fintech across the eastern seaboard with the launch of a new national capability across its new home at the Goods Shed North in the heart of Melbourne’s CBD innovation precinct, and its residency in the Sydney Startup Hub. With Melbourne and Sydney combined representing over 80 per cent of all fintech activity across Australia, the new east-coast “mega-hub” will give start-ups, scale-ups, corporates, and investors nationwide opportunities for collaboration and resource-sharing. Given this Melbourne/Sydney fintech concentration, and with Stone & Chalk already the largest hub in the region, the new mega-hub is set to become a national asset that could […]
Proactive approach to compliant marketing needed: YTML
Recent interventions by ASIC, like cracking down on the use of words such as ‘independent’, highlight the need for Australian Financial Services Licensees (licensees) to be more careful about the wording of their own marketing materials and be more proactive about monitoring and approving the material being used by their advisers, according to fintech, YTML. YTML CEO, Kevin Liao said while licensees may find it comparatively easy to become more proactive about addressing issues in their own marketing materials, many appear to believe it is much more difficult to check that the material being created and distributed on a day-to-day basis by their advisers is compliant. “In fact, technology now makes […]
Australia’s first Future Hub to Accelerate Blockchain Development and Implementation
Australian technology innovator Lakeba Group today launched the Lakeba Future Hub, a consortium of leading technology, law, taxation and educational firms, with a focus on accelerating blockchain adoption and development by Australian businesses. Recognised for being one of the first technology companies in Australia to have live commercial blockchain pilots across multiple sectors, Lakeba will work with leading partners Microsoft, IBM, Macquarie University, cryptocurrency and blockchain legal expert Piper Alderman, and taxation expert Grant Thornton, to help businesses navigate the pathway for implementing blockchain and cryptocurrency solutions. New partners relevant to the vision of the Future Hub will continue to be added as the consortium grows in scope and footprint. […]
Accelerating the Accounts Payable process for BOC Australia
BOC Australia removing data entry for customers and accelerating their own invoice payments in partnership with Link4 Australia. Since November 2017, BOC Australia have partnered with Link4 Australia to deliver BOC’s invoices directly into their customer’s cloud accounting software. What initially started out as an eight week pilot period to improve their accounts payable process, turned into a much larger project. BOC saw enough pieces of success in this initial project, which led to them extending the trial to more users. Fast forward to today, where upon completion of this project, BOC have opened up e-Invoicing with Link4 to all of their customers on an opt-in basis. The initial project […]
Robo-investment – Retirement takes the crown
A customer insights study by automated investment service Six Park has found that more than half its clients are using the robo-investment service to grow wealth outside of super (36.5%) and for retirement savings (28.6%). These long-term goals ranked higher than the desire to save for property or saving for short-term goals such as holidays and weddings. The study results were released as Six Park celebrates its second birthday. The highest percentage of customers using their Six Park investment as a way to generate wealth outside super came from age groups under the age of 45, suggesting that long-term investing is increasingly a focus for younger generations. “It’s very encouraging […]
WealthO2 passes half a billion FUA
WealthO2, the fintech for financial advisers, has surpassed half a billion in funds under administration, an increase of more than 60% in six months.
