Resimac acquires stake in fintech finance company
Resimac has purchased a 15% stake in Australian fintech company Positive Group, a pool of finance companies dealing with asset finance, mortgages and advice
ANZ, CBA, Westpac, Scentre, IBM form bank guarantee blockchain company
ANZ, CBA and Westpac, with Westfield shopping centre operator Scentre and IBM, are building a blockchain-based platform for bank guarantees called Lygon.
Fintech is the ‘new normal’ with 55 per cent of consumers regular users
More than half of banking and financial services customers around the world use fintech products, according to deVere Group.
Open banking faces delay due to data concerns
Open banking could be delayed after Labor said it was unlikely to pass the requisite legislation by the end of this month due to data concerns.
Fintech industry not recognising scope of sector – FinTech Awards will change this attitude
The FinTech Industry needs to embrace all these new categories of fintech – and in the future that includes embracing Facebook’s new Libra digital currency and wallet.
Australian FinTech company profile #32 – Zip Co Limited
Zip Co Limited is an alternative payment solutions and credit provider, allowing customers to purchase products and services and pay later, interest free.
Crowdfunding as a game changer for SMEs
Crowdfunding and the new equity rules have the potential to be a game changer for Australian proprietary companies.
The changing face of financial advice
Open banking platform Basiq and CRM software provider AdviserLogic have partnered to solve this issue and improve the way financial advice is given.
