IRESS invests in leading Australian RegTech Lucsan
Australian technology leaders, IRESS and Lucsan, today announced a partnership that will accelerate the application of RegTech in the financial services landscape. IRESS is making an equity investment in Lucsan: an established, Australian-owned RegTech and data analytics company providing leading technology solutions to a wide range of companies, including Australia’s major banks. Lucsan’s vision is to help financial institutions proactively reduce the ongoing cost of compliance and implement improved practices with its RegTech solutions. The minority equity position will support Lucsan’s own growth strategy as it focuses on expanding its business in Australia and more broadly into international markets. Equity investments by IRESS IRESS was founded in Melbourne in […]
Australian Fintech finalists at the Optus My Business Awards
Congratulations to all the Australian Fintech companies and leaders who have been nominated as finalists in this year’s Optus My Business Awards: Business Leader of the Year Andrew Murray, Curve Securities Young Business Leader of the Year Larry Diamond, zipMoney Mandeep Sodhi, HashChing Finance Business of the Year zipMoney Fintech Business of the Year Curve Securities ezyCollect Maestrano MAUS Business Systems MoneyMe Financial Group NowInfinity Practice Ignition SelfWealth Sniip zipMoney Information and Communications Technology (ICT) Business of the Year Maestrano Innovator of the Year Practice Ignition Pocketbook
AI RegTech deal boosts compliance speeds for Airwallex
Melbourne headquartered fintech startup Airwallex today announced a partnership with AI-driven RegTech ComplyAdvantage. The partnership will allow Airwallex to conduct real-time screening and monitoring of transactions for sanctions, anti-money laundering (AML) and counter-terrorism financing (CTF), following a US$13 million Series A funding round from Tencent, Sequoia and Mastercard that has spurred rapid growth into new regions. ComplyAdvantage helps firms make intelligent choices by using Artificial Intelligence, machine learning and big data analytics to manage their compliance and risk obligations, and to prevent the occurrence of financial crime. Regarded as one of the most trusted and innovative compliance solutions in the industry, ComplyAdvantage’s real-time insights will minimise risk on transactions conducted […]
CXi Software announces partnership with its third client PE Capital
New Australian fintech CXi Software Pty Limited announce that PE Capital Funds Management Limited is now live on its cloud-based unit registry platform CXi-Registry™. “We chose CXi as they were able to provide their cutting edge registry platform as well as advice in setting up our processes and fund structure in the system that we really needed” said Anthony Mann; Chief Operating Officer. PEC, a Melbourne based diversified property investment manager, had found its business had grown beyond managing via internally managed databases and sought a robust solution that will scale with their growth projections. “The CXi team were able to migrate us across from our legacy processes very quickly, […]
Now you can buy Ethereum and alt-coins with cash at your local newsagent
The cryptocurrency revolution is coming to your local newsagent. Since 2016, enthusiasts have been able to purchase bitcoin over the counter in a local store via the blueshyft platform. Through a new partnership with CoinSpot, that has now been expanded to include numerous other cryptocurrencies, including Ether, the biggest rival to the dominance of bitcoin in the digital currency world. blueshyft CEO Kain Warwick describes the new in-store offering as a significant improvement to the availability of Ether and other digital currencies for consumers. “More Australians are becoming interested in cryptocurrencies beyond bitcoin. This partnership with CoinSpot now provides a simple method for consumers to buy many different […]
You’re invited to the next FA-MIL: Fintech Australia – Meet the Industry Leaders
FinTech Australia in partnership with Grant Thornton, in the lead up to Intersekt Festival Australia’s first FinTech Festival, are hosting a series of evening events around Australia to help you understand how to make the most of Australia’s tax incentive programs, aimed at FinTech organisations. The Australian Fintech Community are welcome to register with the FA Member Ticket Type to attend for FREE (saving $48) At this seminar, experts will cover: Advantages of Research & Development (R&D) Tax incentives – you are eligible for more than you think! Alternative options to working capital Presenters: Sukvinder Heyer, Grant Thornton (Syd & Mel) Steve Andreazza, Grant Thornton (Adel, Per, Bris) David Wier, […]
Australian FinTech Jobs hits the ground running
Australia’s only fintech employment platform, Australian FinTech Jobs, had barely launched when it made news around the world. Within 48 hours of the website’s launch, the employment platform made the press in New York, London, throughout Australia and across various other international business websites. “It’s very, very early days, but the positive feedback we’ve receiving is overwhelming,” says CEO Cameron Dart, “we are a bit surprised by the amount of support but obviously a dedicated employment site like this was need for Fintech in Australia.” In just over 4 weeks, more than 75 Fintech companies and recruitment firms have registered to use Australian FinTech Jobs. To date, some of the […]
Evari’s success is all about having its head in the cloud
Australian business insurance is about to be turned on its head with Insurtech, Evari, set to create waves with its integrated, online insurance platform that makes obtaining and managing insurance quick and easy for small business. Evari’s cloud-based insurance platform is the first of its kind in the world, with no other provider offering fully digital, tailored insurance focussed at the small business sector, starting with cafes, restaurants and small retailers. Evari CEO, Mr Daniel Fogarty, says the insurance platform is a win-win for small business. ‘By integrating the insurance platform with a business’s cloud accounting software, we are alleviating the pain points with regard to how they obtain their […]
