1 in 4 are financially stressed, but Australia just got Wisr
Wisr (formerly DirectMoney) launches new brand with new financial wellness focus. ASX-listed Wisr today launched a major rebrand of the personal lending company, following its official name change from DirectMoney. Wisr is Australia’s only ASX listed marketplace/p2p lender and is one of the very first to emerge in Australia. Now entering its fifth year, the company is going through a phase of rapid growth and expansion, and the new brand reflects the company’s repositioning into a technology-led, customer-focused company with a vision to “bring financial wellness to the world”. Research has shown that 1 in 4 Australians are financially stressed, and the number one cause is high interest debt (typically […]
DigitalX Ltd teams with MailGuard to develop blockchain based cybersecurity network
DigitalX was recently appointed as adviser for two major initial coin offerings. DigitalX Ltd (ASX:DCC) has been appointed corporate advisor to MailGuard, the world’s largest private Software as a Service (SaaS) email security company. DigitalX will advise MailGuard in the development of a blockchain cybersecurity ecosystem called GlobalGuard. Based out of Perth and New York, DigitalX provides initial coin offering (ICO) advisory services, blockchain consulting services and software development A new method to fight cybercrime In a world first, GlobalGuard will combine artificial intelligence (AI) and Blockchain technology to identify emerging email-borne cyber threats.Global spending on cybersecurity products and services is predicted to exceed $1 trillion by 2021. GlobalGuard is […]
FinTech Job of the Week – CEO of FinTech Australia
After the recent resignation of current CEO Danielle Szetho, FinTech Australia are currently recruiting for a new CEO. Got what it takes? Love FinTech? Love start-ups? Read all about the job and apply for the role all in the one spot here on Australian FinTech Jobs, Australia’s only dedicated FinTech employment platform.
Smartpay secures fintech connection with Alipay
Dual-listed payments facilitator Smartpay (ASX: SMP) has signed a cornerstone agreement with Alipay, China’s largest payments provider with around 520 million active users and clearing around $1.7 trillion per year in transactions. The deal brings together the largest online payments provider in China and the largest independently-owned EFTPOS provider in Australia — a deal that could serve as a watershed moment, opening the door for other similar agreements amongst smaller players in the near future. The deal also means that Australian consumers will obtain a far wider range of payment and money transfer options than before. Smartpay said that “harnessing this reach will both boost the merchant’s revenues and benefit […]
Statewide Super partners with IRESS’ Acurity to innovate member experience
Statewide Super and IRESS have partnered to complete the implementation of its Acurity superannuation administration platform which has seen a large number of members access their super information online. Statewide Super, an award-winning South Australian industry fund, is now delivering a fully-flexible digital environment for member administration which has modernised online access, reporting and compliance via the recently launched subscription model access for Acurity. Statewide Super replaced software offerings from multiple providers with the single Acurity platform, following a competitive selection process. Linda Zeelie, Chief Operating Officer Statewide Super, says that the profit for members’ organisation is proud to partner with IRESS to deliver a state-of-the-art experience that includes a […]
Australian payments innovator Verrency partners with social media donation platform Goodworld to increase charitable giving worldwide
Social payments charity platform Goodworld and Australian payments innovator Verrency announced a partnership today to bring a charitable component to everyday financial transactions around the globe. The partnership will combine Goodworld’s service with Verrency’s banking payment services to create a new Corporate Social Responsibility offering aimed at major banks. The joint offering will enable bank’s customers to ‘set and forget’ a ‘round-up’ of their debit and credit card transactions to the nearest selected amount (i.e., $1, $5 etc) and to donate the ‘round-up’ amount directly to their preferred charity. Customers then receive real-time reinforcement via mobile notifications from their bank’s mobile app of their donation, along with regular updates of […]
Ripple wants to invest in startups that will put its XRP cryptocurrency to work
Payments company Ripple says it plans to invest in startups and technology companies to develop more uses for XRP, its cryptocurrency that is currently the third largest digital token behind bitcoin and Ethereum based on total market cap. The value of XRP shot up in December and January following a crypto market rally that saw bitcoin reach nearly $20,000 per coin. The collective value of XRP was worth more than $128 billion at peak before a market crash in January walked those prices back significantly. Today, the token has a total market cap of around $30 billion but Ripple has come under fire for a perceived lack of use for […]
Australia’s AtlasTrend releases voice-activated finance bot
AtlasTrend, the financial investment platform helping Australians invest in global trends, is launching Australia’s first voice-activated personal investment assistant, Astro, once again challenging traditional institutions and approaches to investing money. One of the first voice-activated fintech bots in Australia, Astro is available on Google Home, Google Home Mini and Google Assistant devices, and uses verbal commands to allow transactional capabilities for AtlasTrend investors, and provide users with real-time responses and information on AtlasTrend’s investment portfolios and general investment info. Following Astro’s initial launch, the team are set to develop and roll-out additional capabilities throughout the year, further enhancing its functionality and user experience. Astro will inform users of AtlasTrend’s investments, […]
