Author: Australian FinTech

Jul
26

Sharesight data now available in myprosperity

Leading wealth portal myprosperity today announced a partnership with premier share portfolio tracker, Sharesight. Clients who use Sharesight to track their investments will now be able to view them from within their myprosperity wealth portal. The direct integration of Sharesight portfolio data within myprosperity is the latest milestone in the company’s ambitious journey to create a comprehensive shared data platform for accountants, advisers, and consumers. Chris Ridd, CEO of myprosperity, said “Sharesight tracks over AUD $10Bn worth of investments and are one of the leading share portfolio trackers in Australia. myprosperity clients have more than $80M in shares which they’ve entered into their wealth portals. This partnership with Sharesight is another step towards giving Australians a full view of their wealth portfolio and empowering their accountants and advisers to provide […]

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Jul
24

Breaking down blockchain’s potential for cross-border payments

By Simon Banks, Hyperwallet’s Managing Director and SVP of Asia-Pacific Blockchain has been labelled a disruptive force that could transform entire industries and even have potential to shake the foundations of economic and social systems. With the advent of cryptocurrencies, the banking and financial services sectors were among the first to feel its effects. In the payments space, it is important to separate the underlying distributed ledger technology from the cryptocurrency hype, and to understand the problems blockchain can solve, as well as the ways in which it can transform payments without disregarding barriers to implementation. Cross-border payments, a space that currently begets frustration but is increasingly dominated by innovative […]

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Jul
24

Credit Simple launches Money Simple

Credit Simple, the fintech where every Australian and New Zealander can get their credit score and credit file for free, forever, has launched free online budgeting tool Money Simple. In a world first, Money Simple brings together open banking data with credit scores to form a single, unified view of a person’s financial life in one spot. Money Simple aims to leverage consumer data rights and open data rules to give consumers visibility on their financial position on a single platform. Money Simple is powered by Proviso, an open banking platform that draws data from Australian financial institutions. Credit Simple CEO David Scognamiglio said Money Simple was at the leading […]

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Australian cryptocurrency exchange Cointree enters the SMSF space with new partnership

Cointree, one of Australia’s leading cryptocurrency exchanges, has identified a growing interest from customers wanting the ability to purchase cryptocurrency with their superannuation. Due to this increased demand, Cointree is partnering up with New Brighton Capital, who offer accredited SMSF accounting services and focus on helping Australians own crypto in their super. “I am very excited about this partnership, this is the first step of the education process for our members, shedding some light around the opportunities of having an SMSF and investing into cryptocurrency,” says Shane Stevenson, CEO of Cointree. “We want to provide platform and channel where partners like NBC can educate our members on the different cryptocurrency […]

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Jul
18

Square and BOQ team up to help more Australian small businesses get started

Global payments company Square, founded and run by Twitter CEO Jack Dorsey, has announced it is teaming up with Bank of Queensland (BOQ) for a first-of-a-kind partnership that will give more Australian small businesses a simple way to access great banking services and more flexible payment options. From today, new BOQ small business customers signing up for business banking services will also receive a free Square Reader for contactless and chip, and fee-free processing for their first $1,000 of sales. The partnership is designed as a ‘one-stop-shop’ solution enabling time-poor business owners to walk into any of BOQ’s 180 national branches, and walk out ready to start working instantly. “We’re […]

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Jul
16

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 […]

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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 […]

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Jul
12

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 […]

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