Innovation – NSW innovation minister says he will deliver three things the startup community is pleading for
He says one of the flagship policies of the state government last year was the establishment of a “world first” government data analytics centre facilitating data sharing between government agencies and allowing for the analysis of the effectiveness of policies. Dominello says the better use of public data can also assist with one of the booming startup sectors in the state: fintech. With Stone & Chalk and the Tyro co-working space, Sydney is leading the way with fintech startups, and Dominello wants it to stay that way. “We’re already the centre in south-easy Asia for banking and finance, so the fintech sector in particular is very, very strong,” he says. […]
New fintech platform to ‘take business from brokers’
A former major bank executive will launch a new fintech business this year to compete directly with the third-party channel on prime mortgages. Mark Bevan, who spent 25 years at CBA and six with Westpac, is the co-founder of Joust, an online platform that allows lenders to compete for home loan deals through a live digital auction process. The platform involves a panel of lenders bidding (or jousting) to be the provider of a customer’s home loan. The Adelaide-based fintech business aims to target prime mortgage customers with good credit ratings, good jobs and equity in their homes. Source: New fintech platform to ‘take business from brokers’ – Mortgage Business
Legal matters – It’s not optional to understand the laws and regulations, fintech founder says
Fintech founders need to ensure they have strong knowledge of the various laws and regulations in the sector before launching, InvoiceX co-founder Dermot Crean says. Source: Legal matters – It’s not optional to understand the laws and regulations, fintech founder says
Fiserv and Alpha Payments Cloud Partner on Cost Effective Solution to Connect to Real-Time Payments in Australia – Press Release
Alpha Payments Cloud, a global leader in providing third party payment, risk and commerce solution access to international banks and merchants, has today announced a partnership with Fiserv, Inc., a leading global provider of financial services technology solutions. The partnership will provide Australian banks with a simpler and faster way to process payments in Australia while also generating significantly more value through the addition of overlay services through the AlphaHub Payments as a Service platform. The AlphaHub introduces Australian banks to an entirely new middleware layer that provides frictionless access to overlay services instantly, significantly speeding up the introduction of new functionalities. Accessing these new functionalities through the AlphaHub’s considerable […]
Growth – Why the Australian fintech community is much more than just Sydney and Melbourne
The efforts to create a national fintech association have so far largely occurred as a result of fintech organisations from Sydney and Fintech Melbourne. But while the majority of fintech startups are based within these two cities, it’s easy to forget that many interesting and successful startup companies have been launched in cities around Australia. Atlassian for instance, is Australia’s biggest recent startup success and was launched in Brisbane. As the formation of the national fintech association continues to gather pace, it will be important to remember the rapidly growing communities outside of Sydney and Melbourne. With the end of the mining boom Australia is seeking other industries to fuel […]
Seven Australian fintechs to watch in 2016
It’s set to be a flagship year for Australian fintechs, as the local ecosystem strives to become the “top dog” in Asia. It’s a “pivotal” year that could prove to be “make or break” for many local fintechs, MoneyPlace co-founder Stuart Stoyan says, and many startups are already “punching above their weight” worldwide. While the last few years have seen the various stakes being placed in the ground, Prospa co-founder Beau Bertoli says 2016 is all about growth for fintech. “A lot of the groundwork has been done this year and 2016 is going to really be when the industry starts to get some serious momentum,” Bertoli says. As Stone […]
Merry Christmas & Happy New Year
Merry Christmas, Happy Holidays & Happy New Year! All the very best for 2016! See you in the new year, The Australian FinTech Team
Top 5 Hubs to Watch in 2016
Believe it or not, Australia has over 50 active startup hubs. With this meteoric rise comes large expectations for these spaces to start fostering the enterprises of the future. With more and more funds being invested in these hubs by the wider business community. OmniChannel Media takes a look at the top 5 tech startup hubs to keep an eye on in 2016. Stone & Chalk, Sydney York Butter Factory, Melbourne River City Labs, Brisbane Tank Stream Labs, Sydney Fishburners, Sydney Read more about them here: Top 5 Hubs to Watch in 2016 – TechExec.
