Author: Australian FinTech

Class partners with MA Operator

Class, the developer of Class Super and Class Portfolio, has partnered with MA Operator, a new fintech which provides managed account and direct client portfolio services for financial advisers.   The partnership will enable Class users to securely and instantly automate client data entry and synchronise transactions in MA Operator. This will further increase the efficiencies already offered by MA Operator which reduces the cost and effort of administration, on boarding and ongoing service obligations of monitoring and managing client portfolios.   MA Operator also provides sophisticated rebalancing, analytics and automated ROA generation. These features combined with Class’ administration and reporting capabilities will help advisers to deliver more efficient and […]

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Aug
19

Square powers Kanye West “Pablo” pop-up stores Australia, the US & Canada

Square is making selling Yeezy. Kanye West announced today that Square is the exclusive point-of-sale at Kanye’s “Pablo” pop-up stores in Australia, the U.S., and Canada this weekend.   The previous Pablo NYC pop-up store reportedly generated more than $1 million in a weekend from fans eager line up for blocks to purchase Kanye’s “The Life of Pablo” clothing collection. Square Reader, which launched in Australia in March 2016, will be powering the Melbourne and Sydney Pablo pop-ups with point-of-sale and credit card acceptance using the smallest, most mobile and most affordable card payment device in market. Customers will be able to check out quickly with Square and start wearing […]

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Mint Payments wins two prestigious innovation awards

Payments processing technology provider Mint Payments is pleased to announce that its innovation has been recognised twice in the past week, having been named as an ABA100 Winner in The Australian Business Awards 2016 for Business Innovation and being listed at number 42 in the Australian Financial Review’s Top 50 Most Innovative Companies in Australia.   The Australian Business Awards recognise organisations that prioritise innovation and technology as drivers of local and international markets. ABA100 Winners demonstrate a commitment to technologically transformative innovation through business initiatives and position themselves as industry leaders.   The AFR Top 50 Most Innovative Companies in Australia is in its fifth year, and ranks the […]

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digi.cash launches digital Australian dollar

digi.cash, a spin-off company of the Capital Markets CRC, today officially launched the digital Australian dollar. The electronic version of the currency is digitally ‘minted’ as electronically signed coins and banknotes. These can be held on smartphones, computers or storage media. Just like cash, online users can transfer coins and notes between each other via free, instant transactions. The encryption technology used means that the electronic banknotes can securely circulate over public communication networks, without the risk of theft or counterfeiting. Digi.cash founder Andreas Furche, along with Chairman David Skellern and Director Peter Clare, said the launch represented a fulcrum moment for Australian FinTech. “Unlike other digital money products, digi.cash […]

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Aug
12

Ignition Wealth previews single page financial wellness profile

Ignition Wealth took the stage at last week’s dynamic Class CUP Connect conference event to unveil the latest development in their world leading digital financial technology.   Ignition Wealth presented at the Class CUP Connect conference as partners of Class Super. The Ignition Wealth technology stack is fully integrated with Class Super, the leading cloudbased SMSF administration software. Class Super customers can now seamlessly access Ignition Wealth digital financial advice via the Class Super portal.   Using the latest in cloudbased financial aggregation technology the new Ignition Wealth technology provides consumers with a holistic, interactive, personal financial wellness profile. One simple registration process allows the consumer to aggregate all of […]

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SelfWealth take out Australian Business Award for Software Innovation

SelfWealth has been recognised as an ABA100 Winner in The Australian Business Awards 2016 for Software Innovation. The award recognises SelfWealth’s achievements in the Financial Technology (fintech) industry through the research and development of SelfWealth INTELLIGENCE & TRADING. Andrew Ward Founder and Managing Director of SelfWealth says the award recognises the transformative nature of SelfWealth INTELLIGENCE & TRADING. “Winning the ABA100 award for Software Innovation in the Australian Business Awards means a great deal to us, we are passionate about providing financial technology to help investors achieve greater returns.  Our team have worked tirelessly over the last few years building a solution that fits all investor’s needs.  Winning this award […]

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Aug
09

Financial Leaders share their strategies to maintain their edge in the new era of Lending

Next Generation Lending 2016 16-18 August | Radisson Blu Hotel Sydney Australia is experiencing phenomenal growth in FinTech, with its alternative finance market growing by 320 per cent in 2015. With the industry’s wealth of talent and investment, it has successfully engaged the government and the regulator, ASIC to actively work together to promote innovation and digital disruption in financial services. So how is this evolving financial ‘revolution’ changing the traditional lending business model, who has the competitive edge and how is the industry benefitting as a whole?   The 2nd annual Next Generation Lending conference, taking place in Sydney this August, will provide an in-depth look at how new […]

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FINCAST has secured a pilot programme with OCBC

Australian headquartered Fintech start-up, FINCAST, has secured a pilot programme with Singaporean headquartered Asian bank OCBC as its first deal.   Managing Director and Co-Founder, Andrew Connors, commented, “the appetite for and commitment to innovation by Asian banks means the Australian big four banks are being left behind. Major Asian banks like OCBC aren’t just kicking the tyres on new technologies that will advance their business, they are firmly focussed on having a first-mover advantage by utilising technology”. “We are still hopeful that early adopters of our technology will include an Australian bank or corporate partner of our home, the Stone & Chalk Fintech hub”.   The pilot between FINCAST […]

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