AxeTrading expands across Asia Pacific
Stone & Chalk sat down with e-Trading expert Kem Husain, Head of Asia Pacific Sales of fintech firm AxeTrading, after winning the Fixed Income Trading System of the Year at the FOW and Global Investor Asia Capital Market Awards 2018. Today, the startup has scaled to attract an international client base in over 20 countries across 4 continents, with its headquarters in London. In the last 12 months, AxeTrading has more than doubled its staff to 50. The company also has its own unique Innovation Lab just outside of Berlin. AxeTrading was founded in 2009 by trading technologist Ralph Henke (CEO), Dinos Daborn (COO) and Mark Watters (CCO) […]
Australian Fintech finalists at the 2018 Optus My Business Awards
Congratulations to the Australian Fintech companies nominated for the 2018 Optus My Business Awards: Fintech Business of the Year Airwallex AtlasTrend BGL Corporate Solutions Curve Securities Huddle Insurance Moneycatcha MoneyMe SocietyOne Tic:Toc Home Loans Wisr Business Leader of the Year Anthony Nantes, Wisr Young Business Leader of the Year Chaz Prezident, Crowdfunding.com.au Start-up Business of the Year Trade Ledger Winners of the 2018 Optus My Business Awards will be announced at The Star, Sydney on Friday 9 November 2018.
From corporate career to FinTech leader of the year. The amazing story of Katherine McConnell
Katherine McConnell is CEO and Founder of Brighte. 3 years ago, Katherine was in a comfortable corporate job. Today she is Fintech Leader of the year, running a successful, rapidly scaling business and has the backing of Mike Cannon-Brookes. Dexter Cousins has been recruiting leadership talent for 20 years and no one has impressed him as much as Katherine. She is rightly hailed as an inspiration to female entrepreneurs. But her courage, commitment, vision and focus serves as an inspiration to everyone. From corporate career to FinTech leader of the year. The amazing story of Katherine McConnell. What motivated you to start Brighte? Katherine: The idea for Brighte came in […]
Australia’s first next-gen digital bank is live
South-Melbourne based technology developer, Ferocia – presented the wide range of benefits this next-gen digital bank will offer customers.
CBA and Data61 join forces to create ‘smart money’
The Commonwealth Bank and CSIRO’s Data61 have joined forces to create “smart money” using blockchain technology, which has the potential to reduce fraud and revolutionise government programs such as the National Disability Insurance Scheme. In an initial proof-of-concept called Making Money Smart, the organisations have created programmable money by using smart contracts on a private blockchain, allowing conditions to be applied to the way the money is spent. CBA’s head of experimentation and blockchain, Sophie Gilder, told The Australian Financial Review the NDIS was a logical scheme to apply smart money to because of the number of rules, the scale and the lack of transparency and manual reconciliation that takes […]
Westpac customers can now deposit cheques via mobile
Westpac launches Australian-first feature allowing customers to scan and deposit cheques via the Westpac Live app. In an Australian first Westpac has launched Westpac Mobile Cheque Deposit, a feature enabling customers to scan and submit cheques via mobile banking. Customers can take a photo of their physical cheque and deposit it with the bank through the Westpac Live mobile banking app, without the need to visit a branch or ATM. If you, like me, haven’t used a cheque for the better part of a decade this new feature might seem a bit odd. However, Westpac still receives more than 30,000 physical cheques from customers each and every day highlighting the […]
Volt Bank signs PayPal deal to tackle customer inertia
Start-up Volt Bank hopes to tackle customer inertia in the banking sector by partnering with global payment giant PayPal to make the sign-up process easier. Under the deal, which is PayPal’s first partnership with an Australian company, Volt Bank will be able to tap into PayPal’s 7.2 million active user base in Australia to sign up customers using their PayPal account. This means PayPal customers will be able to use their existing personal data to skip a couple of steps when signing up to become a Volt Bank customer. The deal also means when Volt Bank issues debit and credit cards to customers they will be automatically linked to PayPal, meaning customers don’t […]
Traders, data, machine learning will boost returns: Liquidnet
Fund managers are leaving returns on the table by not involving their traders in key investment decisions and seeking to harness more data sources, artificial intelligence and machine learning. That is the view of Liquidnet’s global chief executive Seth Merrin, who believes “traders are the largest source of untapped alpha” in a portfolio manager’s arsenal. “State-of-the-art in research right now is still the spreadsheet… that’s very static,” Mr Merrin said in an interview, adding that traditional research processes needed a shake-up. “There is an enormous amount of data if you can sift through if you have the right technology. “We are not talking about robotics, we are talking about machine […]
