ETF Securities hits $3 billion in funds under management
The Australian ETF industry touched an all-time record high of $67.2 billion in funds under management (FUM) in recent weeks.
Advisers adopting a ‘fintech startup’ mindset can thrive
Fintech assumes the advice process can be automated as a service, and adviser knowledge can be replicated or improved by tech.
Xinja Bank appoints SISS Data Services for Open Banking solution
SISS’s experience in helping connect Australia’s major banks, has enabled them to develop a simple, secure and effective API open banking solution.
ASIC ‘excited’ by regtech solutions in responsible lending
Regtech solutions that help lenders efficiently assess credit files and risk profiles have the potential to improve performance across the lending industry.
Openpay announces The Hut Group partnership enabling more UK customers to pay smarter
ASX-listed Australian fintech Openpay announce it has signed The Hut Group, a UK-based global e-commerce technology group and brand owner.
Mitsubishi UFJ acquires 5% stake in Australian fintech firm Afterpay
Mitsubishi UFJ Financial Group (MUFG), Japan’s largest bank by assets, has bought a 5-per cent stake in Australian fintech firm Afterpay.
Open banking to usher new wave of products
The open banking regime could enable banks to create data-driven products and services instead of the riskier mortgage offering.
Revenue up 11% for ASX-listed Iress
ASX-listed Iress (IRE.ASX) today announced its financial results for the six months to 30 June 2020, with operating revenue was up 11%.