Australian FinTech company profile #94 – Sandstone Technology
Sandstone Technology transforms banking experiences by delivering innovative banking solutions to help their customers grow their business.
Open banking’s first loan approved
Leading Australian fintech company Basiq has worked with Regional Australia Bank to have the first loan approved under open banking.
Open banking and consumer data rights threaten to un-stick the big bank’s customers
The Federal Government has passed Consumer Data Right (CDR) laws last year creating a general right for consumers to control their data.
Open banking’s two approved players
Upon open banking’s launch this week, there were just two official ADRs: leading fintech company Frollo, and customer-owned bank, Regional Australia Bank.
Banks embrace data sharing “milestone”
Australian Banking Association CEO Anna Bligh said that sharing of data is a “watershed moment for competition in the banking industry”.
Robocash Group prepares AU$100 million IPO on the ASX
Robocash Group are preparing for a AU$100 million initial public offering (IPO) on the Australian Stock Exchange in December 2020.
Afterpay: Millennials tried credit cards, but Gen Z aren’t even signing up
As the younger generations get older, there’s no doubt that the future of credit cards is looking rocky.
Trend Micro introduces Australian-first automated Open Banking solution for secure data sharing, built on AWS
Trend Micro announce the availability of Australia’s first Consumer Data Right (CDR) Open Banking automated compliance check.
