Peppermint Innovation delivers highest-ever cash receipts total during December 2019 quarter
Peppermint Innovation continued to deliver growth during the December 2019 quarter with cash receipts up more than $500,000 to $843,000.
Fintech Tic:Toc launches SaaS product to help banks lend more efficiently and responsibly
Tic:Toc has today launched its first SaaS product – XAI Validate – built for lenders, brokers and fintechs to make accurate financial decisions, faster.
310 digital currency exchanges registered with Austrac
Austrac said it does not monitor the total volume of digital currency exchanges and does not monitor the total amount of money that passes through them.
UBS extends post-trade technology partnership with GBST
UBS uses GBST’s technology for its Australian post-trade operations including cash equities and exchange-traded options.
Airwallex and Visa debut Airwallex Borderless Cards for business
Global fintech leader Airwallex is launches Airwallex Borderless Cards for businesses, in partnership with the digital payments company Visa.
X15 Ventures launches Vonto app for small business
Vonto is a new and free mobile app that provides personalised insights and ideas to keep small businesses moving in the right direction.
Banks risk loss of US$3 billion in payments revenue to digital payments growth, non-bank competitors
Australian banks are at risk of losing US$3 billion in payments revenue by 2025 due to the growth of digital payments and competition from non-banks.
Big four bank customers flock to Xinja, deposits exceed $100m
More than half of Xinja’s deposits have come from Australia’s big four banks, a very strong signal that consumers are keen to embrace digital banking.