FinTech

Jan
18

You want cash with that? ANZ plugs Apple Pay into eftpos

Millions of ANZ debit card holders will now be able to get cash out with over the counter Apple Pay transactions, after eftpos scored a massive win over the dominance of US credit card companies in smartphone payments. From today ANZ customers will get a new choice of picking cheque or savings for purchases made […]

By Reposted by Australian FinTech | Banking . FinTech . Payments
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Jan
18

Mobecom secures AFSL Authorised Representative registration for “Paid By Coins”

Mobecom Limited (ASX: MBM) operates as a consumer engagement technology platform. Serving customers worldwide, the company offers solutions for digital currency, healthcare, and B2B through mobile applications, Internet, and social media. The company has through the latest release on ASX stated that “Paid by Coins” has completed the necessary regulatory requirements, in order to become […]

By Reposted by Australian FinTech | ASX . Currency . FinTech . Payments
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Jan
18

Australians more reliant on bank apps than the UK

We’re checking our bank apps nearly 10 times per week. According to a new State of Mobile 2019 report from App Annie, an app analytics and app market data platform, Australians check their bank apps nearly 10 times per week while those in the UK managed just over seven times each week. The findings reveal […]

By Elizabeth Barry | Banking . FinTech
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Jan
18

Cryptocurrency is radical but who does the radicalism benefit?

“Free speech” is one of the battle cries of far-right activists who target democratic consensus and seek to divide the public. Alt-right agitators and trolls embrace the cry of “freedom” even as they take actions that fundamentally corrode Western unity, credibility and morale. Claiming “freedom” in fact makes it hard for defenders of the rules-based […]

By Reposted by Australian FinTech | Bitcoin . Currency . FinTech
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Jan
17

SelfWealth launches ETF

Online broker SelfWealth will launch a new ETF targeting self-managed super funds. The SelfWealth SMSF Leaders ETF is due to launch on the ASX this financial year and listed under the ticker code SELF. It is pending regulatory ASX approval. ETF Securities Australia and its parent company ETFS Capital are backing SELF by providing $100 […]

By Reposted by Australian FinTech | FinTech . Investing
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Jan
17

Open banking quietly delayed

The much-anticipated launch of open banking in Australia has been quietly delayed by the federal government by eight months. On the last Friday before Christmas, a day typically used to “take out the trash” and make some unfavorable or unpopular announcements, Treasurer Josh Frydenberg put out a statement late in the afternoon revealing that the […]

By Reposted by Australian FinTech | Banking . FinTech
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Jan
17

Capify secures $135 million from Goldman Sachs for SME loans

Capify, a leading Australian alternative SME finance provider has secured a $135 million credit facility from Goldman Sachs Private Capital (“Goldman Sachs”) to support its future growth plans and provide working capital to thousands of Australian SMEs over the coming years. The Sydney-based fintech company will use the new facility to accelerate the growth of […]

By Reposted by Australian FinTech | Borrowing . FinTech . Investing . Lending
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Jan
17

Fintech trends and predictions for 2019

Fintechs are big, growing and are disruptive. Why wouldn’t they be when they are using innovative technologies making banking and financial services more efficient. So what are the predictors and futurists saying the landscape will look like in 2019 and beyond? Here’s a collection of some of the sources we think are on point! Bitcoin […]

By Reposted by Australian FinTech | Bitcoin . FinTech
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