Blockchain to secure contactless payments
Blockchain, which keeps track of all transactions, makes an excellent tool for financial services, particularly contactless payments.
Fintech revenues to reach US$500B by 2030: UBS Research
Fintech revenues are projected to grow from US$150 billion in 2018 to US$500 billion in 2030 according to estimates by UBS.
Making investing accessible for more Australians: Robo advisor waives fees, lowers minimum investment
Online investment provider Six Park will reduce its minimum investment threshold to $5,000 and waive investment management fees for three months.
Neobank enhances mortgage offering
Australia’s first ‘smartbank’ 86 400 has announced a range of enhances to its digital mortgage products distributed exclusively through brokers.
Zip says Tencent’s Afterpay stake validates sector trends
Zip Co co-founder and chief executive Larry Diamond said Tencent’s investment into Afterpay validates the evolution of the buy now, pay later sector.
New foreign exchange player SendFX welcomes former BOQ CEO Jon Sutton to their Advisory Board
International payments and technology service providers SendFX welcomes former Bank of Queensland CEO, Jon Sutton, as their newest Advisory Board member.
Apple Pay on pace to account for 10% of global card transactions
Apple Pay accounts for about 5% of global card transactions and is on pace to handle 1-in-10 such payments by 2025, according to new trend data.
Rush to digitisation will see fintech sector flourish post-Covid-19
A new report suggests that the current crisis could ultimately end up benefiting the fintech industry by accelerating the rush to digitisation.