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.
SelfWealth (ASX:SWF) welcomes influx of active traders in June quarter
SelfWealth reported an additional 14,132 active traders joined its platform during the June quarter, representing a 44% quarter-on-quarter increase.
illuminance Solutions partners with Microsoft Partner Wiise to offer significant software savings to NDIS providers
illuminance Solutions has partnered with Australian Microsoft cloud-based business Wiise to offer significant software savings for non-profit NDIS providers
Blockchain Australia seeks to build industry confidence with new CEO
Blockchain Australia has appointed a new CEO in an effort to improve blockchain awareness and application across Australia.
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.
UK fintech startup pirkx launches in Australia
UK fintech startup pirkx is launching its services in Australia, following successful seed funding rounds and successful launch in the UK market.
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”.
