High time to find out what you’re missing out on
If you’re being ripped off by banks and other financial institutions a new website, monetise.com.au, will tell you even though you may have suspected nothing.It threatens to do to comparison websites, which are being reviewed by the Australian Competition and Consumer Commission (ACCC), what Uber is doing to taxis. Source: High time to find out what you’re missing out on
Craig Dunn to chair fintech hub Stone and Chalk
Technology start-ups will be given subsidised office space by the banks they are seeking to disrupt, with a new financial technology hub to open in Sydney in May. It will provide entrepreneurs with a place to collaborate with established financial sector players and global technology giants and allowing them to access capital for growth. Source: Craig Dunn to chair fintech hub Stone and Chalk
Banks shadow box with online business lenders
Banks are courting a rash of new online lenders that have moved quicker than their giant rivals to use technology to give better deals to small businesses.Prospa has been quietly building its small business loan book for two years. It is one of several local and international players discussing mutually beneficial deals with banks that have favoured the less risky mortgage sector for years, but are looking for growth in business lending. Source: Banks shadow box with online business lenders
