Banking

Oct
07

Fintechs furthest thing for some SMEs’ minds | The Australian

The challenge for companies seeking to disrupt the banking sector’s bulging profits has been laid bare by research showing more than a third of small businesses can’t name a single “fintech” brand. “It is abundantly clear that businesses across the board not only want, but need additional business banking service,” said Martin Smith, head of […]

By Australian FinTech | Banking . FinTech
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Oct
06

Australia as a fintech hub must have global focus to stand a chance

Australia’s hopes of becoming a hub for technology-based finance firms could be “stillborn” if local rules do not encourage the new wave of start-ups to have an international focus, says the global head of financial services at PricewaterhouseCoopers. With the federal government signalling support for technology-based industries, a prime area with growth potential is the […]

By Australian FinTech | Banking . FinTech
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Oct
02

Why Fintech Is The Most Important Industry Right Now

This is a fantastic article on Australian FinTech. And it’s also great information to pass onto those who don’t understand what FinTech is and are unaware of how they can benefit from using Australian FinTech products. Fintech is beginning to disrupt the financial world as we know it. The financial industry is now more focused […]

By Australian FinTech | Banking . FinTech . Robo-Advice
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Sep
30

Banks V Bitcoin

Michael Pascoe raises some interesting ideas in this short segment about why the banks are interested in ensuring they don’t do business with those that are involved in legal bitcoin businesses but turn a blind eye towards better known ‘shonks’ using their services. What are your thoughts on the banks using these tactics and do […]

By R.James | Banking . Bitcoin . Currency . FinTech . Payments
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Ex-NAB MD launches fintech disruptor to take on majors

An ex-NAB managing director has launched a new fintech disruptor to take on the major banks, which he says could do what Aussie Home Loans did to the mortgage market in the 1990s. Officially launching on 28 September, Banjo is an online lender providing secured and unsecured loans to the 51% of SME’s who have […]

By Australian FinTech | Banking . Borrowing . FinTech
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Sep
17

9 Giant Banks Make a Deal on Blockchain: What It Means | Alex Salkever

Here’s a follow-up article to yesterday’s article on the blockchain, but this explains it all even further… When Goldman Sachs talks, people all over the world listen. Today Goldman is talking about the blockchain. What the heck is the “blockchain”? Only the next biggest thing since the Internet, according to such tech visionaries such as […]

By Australian FinTech | Banking . FinTech
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Sep
16

The CBA has joined eight other massive banks to take the technology behind bitcoin mainstream | Business Insider

Nine of the world’s biggest banks on Tuesday threw their weight behind blockchain, the technology that powers bitcoin. Barclays, BBVA, Commonwealth Bank of Australia, Credit Suisse, JPMorgan, State Street, Royal Bank of Scotland, and UBS have all formed a partnership to draw up industry standards and protocols for using the blockchain in banking. The partnership […]

By Australian FinTech | Banking . FinTech
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Sep
09

Bitcoin could disrupt banks warns Westpac boss | afr.com

How long will it be until Bitcoin starts to make a real impact on the incumbent banks…??? Westpac Banking Corp chief Brian Hartzer describes bitcoin and the blockchain as “potentially disruptive” technologies which could be “quite powerful from an efficiency point of view” but says there’s no need for banks to panic about being cut […]

By Australian FinTech | Banking . FinTech
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