REST’s industry-first online super advice product gives members ‘mobile first’ access to personalised financial advice
REST Industry Super became the first Australian super fund to provide its 1.9 million members with ‘mobile first’ access to personalised financial advice.
Luxury Escapes books its dream holiday with zipMoney
Partnership between leading Australian travel retailer and digital payments platform enables Australians the option to travel now and pay later. Luxury Escapes announced it had become the largest Australian travel retailer to partner with ASX-listed zipMoney Limited (ASX: ZML) and is now offering Australians the option to travel now and pay later. Luxury Escapes General Manager, Blake Hutchison, said the agreement with zipMoney meant Luxury Escapes’ million-plus members now have the flexibility to book their holiday today and pay over time in interest-free instalments. “Luxury Escapes is delighted to partner with zipMoney to simplify our members’ online travel booking experience,” Mr Hutchison said. “We want every […]
Octet forms alliance with Mastercard to give businesses a better way to pay
Octet Finance, the Australian company revolutionising the supply chain finance industry for small and medium businesses, has formed an alliance with Mastercard to enable businesses to pay global suppliers safely, securely and quickly. The alliance will enable Mastercard’s members to offer their B2B clients the ability to make cross-border supplier payments using their existing Mastercard debit and credit cards. Octet users will benefit from the integration of Mastercard’s cutting edge payment offerings, such as the Mastercard Payment Gateway Services (MPGS) and the configurable Virtual Card Number (VCN) feature, on the Octet platform. Octet Finance is the supply chain technology platform that enables payments to be made through the secure Mastercard […]
Merger Creates Powerful Fixed Interest Investment Player in the Australian Market
Trustees Australia (ASX:TAU) and the new fintech marketplace operator, Cashwerkz, are excited to announce a merger where by an established business with plenty of FUM (funds under management) but no platform, effectively buys a brand new platform with a growing distribution network. The combined business will serve retail customers, the financial planning industry, and the middle market – comprising superannuation funds, councils, and other entities – looking to invest large cash balances. Anyone that needs a term deposit or a related cash product can access these through the powerful Cashwerkz platform which – in essence – is a new market place for cash. The platform’s unique back-end technology makes […]
Mint Payments expands travel portfolio with new partner agreement
Payments processing technology provider, Mint Payments (ASX: MNW) has partnered with one of Australia’s most affordable and adaptable travel agency software solution providers TravelPartner (Aust) Pty Ltd, signing a two-year licence and distribution agreement to deliver its fully integrated online payments processing service to its growing network of travel agents. TravelPartner has integrated Mint’s card payment module into its core SaaS product offering VTO Ultimate to enable seamless and easy credit card payment acceptance by travel agents for all travel and service fee transactions. This partnership removes the current manual effort required by the agent as the software seamlessly creates an invoice, takes payment, generates a receipt and reconciles it […]
SocietyOne hits $200m milestone as growth accelerates
Total lending reaches $200 million since inception after record month in November Loan book up 315% in 2016 to $126 million Record quarter of lending in the three months to December 2016 New Chief Marketing Officer appointed SocietyOne, Australia’s leading and fastest-growing marketplace lender, has achieved another key milestone after breaking through the $200 million lending mark. The last three months of the 2016 calendar year have witnessed the strongest growth in the company’s four-year history with an additional $50 million of lending made between the first weeks of September and mid-December. November saw a record month of more than $15.3 million in lending. That took the total […]
Stone & Chalk fintechs integrate to unlock huge opportunities for advisers
Award winning fintechs from Stone & Chalk – Macrovue and Fincast – integrate to offer a comprehensive off-platform investment solution. Global thematic trading platform, Macrovue, and model portfolio management tool, Fincast, have teamed up to provide a game-changing solution for the wealth management industry. The integration of the two award-winning, next-generation solutions will provide advisers with the ability to automatically create tailored multi-asset class portfolios, matched to a client’s unique goals and risk profile and seamlessly execute the trades, all in under one hour. The solution will see a huge increase in efficiencies for advisers. Model portfolios teamed with seamless automation and execution will free-up advisers and […]
Acorns closes off the year with user growth and new features
Micro-investing app Acorns has amassed more than 160,000 sign ups since its Australian launch in February this year, with its phenomenal growth reflecting the appetite local consumers have for business to consumer FinTech. Acorns allows users to invest their virtual spare change into an investment portfolio, automatically rounding up transactions to the nearest dollar when purchasing on a credit or debit card. The app then allocates the spare change into one of five self-selected exchange traded fund (ETF) portfolios. Since February, the total amount invested by Australians into Acorns through just their round-up transactions has reached $13.5 million. Further, the total amount saved from recurring deposits into the […]
