Australia pushes ISO for blockchain standards

Australia’s peak standard-setting body, Standards Australia, is calling on the International Standards Organisation to begin work on global standards for blockchain. The organisation has asked the Geneva-based ISO to begin working on standards for blockchain, the technology behind digital currency bitcoin, offering the assistance of Australian expertise. The ASX has recently taken a stake in […]

By Cameron Dart | ASX . Bitcoin . Blockchain . FinTech

Shares in fintech Mint Payments are soaring on a Singapore deal

Shares in Mint Payments jumped when the fintech came out of a trading halt to announce a deal with Singapore’s NETS (Network for Electronic Transfers). A short time ago, the shares were up 9% to $0.12. The company went into a trading halt on Friday after being queried by the ASX on the reason for […]

By Cameron Dart | ASX . FinTech . Payments

Former FPA boss joins fintech group Intiger Asset Management

Mark Rantall, the former chief executive of the Financial Planning Association of Australia, has emerged as the new non-executive chairman of fintech group Intiger Asset Management, which is eyeing a listing on the Australian Securities Exchange. As first revealed by Street Talk, Mr Rantall, who exited the FPA in February, said he left with the […]

By Cameron Dart | ASX . FinTech . Robo-Advice

DigitalX Ltd tests blockchain based app to send money overseas

DigitalX Ltd (ASX:DCC), a blockchain software solutions company is gaining positive feedback from the expanded phase 2 beta-test of its AirPocket money transfer app that was conducted in the U.S. and Dominican Republic. The Phase 2 trial allowed users to transfer money from nine selected states in the U.S. to the Dominican Republic. AirPocket utilises […]

By Cameron Dart | ASX . Bitcoin . FinTech

Foster Stockbroking readies KYCkr for ASX boards

Global fintech business KYCkr will meet investors for a proposed initial public offering this month, as it seeks to raise capital for growth. KYCkr has hired Foster Stockbroking to handle the proposed $8 million IPO which, if successful, would value the company at $28 million. KYCkr has a suite of KYC (know your customer) products […]

By Cameron Dart | ASX . FinTech

Fintech start-up Afterpay plans ASX listing

Fintech start-up Afterpay — backed by legendary corporate raider Ron Brierley and a host of alumni from his former Guinness Peat Group — plans to list on the Australian Securities Exchange to supercharge growth plans after signing up more than 100 retailers to its online e-commerce product in the past nine months. Afterpay, whose backers […]

By Cameron Dart | ASX . FinTech . Payments

MEDIA RELEASE: ASX-listed zipMoney (ZML) first-half results for 2016

MEDIA RELEASE: ASX-listed zipMoney (ZML) are delighted to announce their first-half results for 2016. A brief summary of the key highlights and initiatives: – zipMoney have now hit $20m in total transaction volume on the platform triggering milestone 2 – Results for the half saw $10m in transaction volume with December are highest month ever […]

By Cameron Dart | ASX . Borrowing . FinTech . Payments

Blockchain and how it will change everything

In May, British billionaire Richard Branson invited a select posse of entrepreneurs, venture capitalists and technology advisers to his Caribbean residence for an exclusive pow wow on an issue occupying some of the top markets minds in the world. The topic for discussion on the picturesque Necker Island was the “blockchain”. “Every now and then, […]

By Australian FinTech | ASX . Banking . Bitcoin . FinTech