Author: Australian FinTech

Jun
26

Australian global payments provider Verrency bolsters its Global Advisory Board

As part of its global expansion strategy, Australian global payments provider Verrency has appointed well-regarded global payments industry executive Royal Cole to its Advisory Board. Royal is the Executive Vice President and Head of North America at Worldpay, a global leader in integrated omni-commerce payments, processing more than 40 billion credit and debit card transactions annually. Royal joins US-based payments luminaries Michael Kennedy, founder of Zelle, and Daniel Chatelain, founder of the BayPay Forum, as recent appointees to Verrency’s Advisory Board. Verrency Founder and CEO David Link said the appointment of Royal to the Advisory Board reflects the strategic direction that the company is heading as it continues to gain […]

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Jun
26

World’s largest blockchain loyalty program launches in Australia

Blockchain company EZToken has announced the launch of its global cryptocurrency loyalty program (EZToken Rewards) in Australia. EZToken Rewards is the world’s biggest blockchain loyalty program (by size of retailer network). Members are rewarded with EZToken cryptocurrency rather than loyalty points for transacting with over 80 participating retailers. Unlike loyalty points, the value of EZToken constantly changes as EZToken is actively traded on digital exchanges around the world. With real potential to become one of the most popular loyalty currencies in the world, members who have earned EZToken can hold and see if the value rises, trade at participating retailers or transfer to other EZToken Rewards members. Best of all, […]

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Jun
25

YTML transforms high volume SOA changes

Fintech YTML has rolled out its newest automated solution which is helping to quickly generate high volumes of personalised Statements of Advice (SoAs) for simple advice. Terri Ho, YTML General Manager, Advice said having to write SoAs or RoAs for a change impacting a large group of clients is one of the most time-consuming, frustrating and expensive exercises for licensees and advisers. “Changes can come about for a range of reasons – a change of platform or the removal of a product from an Approved Product List, for example. If you have a big book of clients you will have a large number of SoAs or RoAs needing to reference […]

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Jun
20

Verrency signs long-term innovation services deal with volt bank

Australian global payments innovation provider Verrency has signed a significant long-term deal with volt bank, Australia’s first independent 100% digital bank. The multi-year agreement enables volt bank to leverage Verrency’s cloud-based payments innovation platform and services marketplace to enable cost-effective delivery of a multitude of value-added services to its customers. The agreement comes on the back of Verrency being named FinTech Australia’s winner of the 2018 Excellence in Establishing a Global Market Presence. David Link, Founder and CEO, Verrency, said: “Verrency will enable volt bank to rapidly and cost-effectively deliver value-added services to Australian consumers – including via easy connection with multiple service providers – without requiring significant change in their […]

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Proviso wins Excellence in RegTech at the 2018 Finnies Awards

Proviso, an Adelaide based technology company, is thrilled to announce that it has won the Excellence in Regtech (including Digital ID, KYC and AML) award at the Finnies for the second consecutive year! This year’s Finnies awards, organised by FinTech Australia, attracted strong competition in the Australian financial technology space, with a record 223 entries – a 40% increase on 2017. The Finnies celebrate the achievements from the Australian fintech sector and highlight the individuals and companies that are successfully driving innovation in financial services. “We are delighted to have won the Excellence in Regtech award at the Finnies again this year! The entire Proviso team had had a great […]

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Jun
18

ETF Securities says ROBO ETF surpasses $100m as investors embrace global opportunities

ETF Securities Australia today announced that ETFS ROBO Global Robotics and Automation ETF (ASX code: ROBO) has achieved inflows of $100 million since its launch in September last year. This is the fastest growth of any ETF offered by ETF Securities since its founder and Australian philanthropist Graham Tuckwell launched the world-first GOLD product in 2003. ROBO is the first exchange traded fund in Australia to provide investors with access to global companies focusing on robotics, automation and artificial intelligence (AI) technologies. It represents a partnership between ETF Securities Australia and US-based specialist robotics and automation index and research provider ROBO Global, tracking the ROBO Global Robotics and Automation Index. […]

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Jun
15

The Finnies. The Winners!

Congratulations to the 2018 Finnie Awards Finalists and Winners! FinTech Organisation of the Year WINNER: Afterpay FINALISTS: ● Afterpay ● Avoka ● BRICKX ● Class Limited ● Cover Genius ● Flamingo AI ● Invoice2Go ● MoneyPlace ● OnMarket ● Prospa ● RateSetter Australia ● SocietyOne ● Stockspot Emerging FinTech Organisation of the Year (company must be <2 years old) WINNER: Civic Ledger FINALISTS: ● Civic Ledger ● Finch ● InDebted ● LanternPay ● Link4 ● Longevity App ● Look Who’s Charging ● Medipass ● Till Payments ● TIQK ● TravelbyBit Outstanding FinTech Leader of the Year (can be from any field) WINNER: Katherine McConnell – Founder and CEO, Brighte FINALISTS: […]

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Jun
12

Link4 and Squirrel Street merge to offer full e-Invoicing service

Link4 Australia and Squirrel Street have officially merged to provide a full e-Invoicing service for small and medium businesses.   During a recent London Tech Week event, Link4 Australia and Squirrel Street announced the successful merger of their respective companies. The amalgamation of both organisations provides full e-Invoicing services to small, medium and micro businesses, and brings their combined customer base to 72,500 users across Australia and New Zealand. Having previously partnered with one another to provide Link4 users with a seamless way to process PDF invoices, both companies felt there was an organic synergy during this collaboration making a merger a clear and obvious next step. “e-Invoicing is the […]

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