BPAY Group named one of Aon Hewitt’s Best Employers for 2018
BPAY Group has today been named an Aon Hewitt Best Employer for 2018, following the release of its annual Employee Engagement survey. 84% – BPAY Group Employee Engagement Score 90% of BPAY Group employees completed the survey 68% – Aon Hewitt’s entry point for the highest performing quartile of all organisations in Australia and New Zealand 81% – Aon Hewitt’s Average Best Employer score in the region Aon Hewitt’s Best Employers program is Australia and New Zealand’s leading accreditation and research program looking at the people practices of high-performing organisations. John Banfield, BPAY Group CEO said, “BPAY Group is incredibly honoured to be named as an accredited 2018 Aon Best […]
New TV show set to open Blockchain to the world
A new weekly business TV show is set to showcase Blockchain companies, cryptoassets and ICOs to a global audience. Coincast TV, created by ICO advisor DigitalX and respected crypto business news platform Multiplier Crypto, will be broadcast on Sky News Business, and syndicated across Apple TV, the Wall St Journal and related social platforms, reaching an audience of almost 200 million viewers worldwide. The program will profile Blockchain companies, provide in-depth market analysis and the latest Blockchain news with a focus on business journalism to educate people and grow the market. “Coincast TV will be a half-hour, weekly Blockchain news program, featuring sponsored news content from Blockchain and cryptocurrency businesses […]
Navigating compliance in a borderless world
The regulatory landscape for financial services and fintech companies is rapidly changing. The industry continues to be subject to increasingly strict legal and regulatory requirements, and cybersecurity is top of mind for businesses. The cross-border money transfer space requires navigation of these complexities up and down the payments stack. Cross-border payments by definition require businesses to operate globally immediately, which introduces multinational regulatory requirements from the outset. The time, money, expertise and resources it takes to adhere to the multiple layers of regulation in both originating and receiving markets is an ongoing challenge for businesses. A recent study shows that 59% of companies in the Asia-Pacific region see increased regulation as […]
The one ASX company Bronte Capital thinks could be a $100b global tech giant
Bronte Capital’s John Hempton, one of the country’s most vocal and aggressive short sellers, owns just one ASX-listed company in his fund: Xero. And he says the accounting software group, which has a $5.4 billion market capitalisation, has a shot at being a $100 billion company. “If any Australian company has the potential to be a $100 billion tech giant, it’s Xero,” Mr Hempton told The Australian Financial Review. “In order to pull that stunt, they need to succeed in what the global ambition of Xero should be – we are the backbone accounting system all round the world and everyone plugs into us.” Xero, bought at much lower levels, […]
Coinbase users in Australia can now get gift cards with crypto
With feeless purchases and crypto bonuses, this might actually be genuinely good value for money. Are you a Coinbase user in Australia or Europe? Are you looking for something to do with your crypto? Do you feel like cash is too impersonal but can’t be bothered to get someone a real gift? Then you’re going to love this! Coinbase users in the UK, Spain, France, Italy, the Netherlands and Australia can now cash out crypto for a range of gift cards through a new Coinbase partnership with WeGift. The service is allegedly instant and feeless, with bonuses of about 2-8%, for a range of brands. Depending on the card and […]
Aussie fintech Coinnup is making a $US32 million pitch
Perth-based fintech Coinnup has launched the second round of its cryptocurrency token sale on a quest to raise $US32 million from “PMZ” tokens. Coinnup started with the aim of developing a range of crypto tools, including a listing platform for Initial Coin Offerings (ICO) and a cryptocurrency exchange. An ICO is like an initial public offering — but instead of offering shares, an issuer offers digital tokens that can be traded on cryptocurrency platforms or swapped for services. Cryptocurrency refers to digital money such as BitCoin. Coinnup is registered in Australia but earlier this year launched its own ICO in Hong Kong for the issue of PMZ tokens. The project it’s developing […]
What financial service providers should know about blockchain: Opportunities and threats
It seems that every few years, an advanced and innovative new technology emerges and becomes the next big thing for organizations across different industries. Take the cloud and big data, for example – during their buzzword stage, these concepts were being attached to just about everything in the tech space. Currently, it appears that blockchain has filled this space, popping up in discussions and initiatives within all types of businesses. For financial services in particular, though, it’s very imperative to not only understand the basics of blockchain, but also examine the kinds of threats and opportunities this concept will bring. Where to start: The basics First and foremost, financial service […]
Alipay brings QR code or tap-n-go ‘digital payments’ to Melbourne’s buskers
Chinese visitors to Melbourne can give licensed buskers the digital equivalent of a few coins via QR code, while locals can use “tap-n-go” cards in Australia’s first digital payment busker solution. Remember that viral video from a few years ago of an Indian man seeking cash donations from the side of the road from Indian drivers, and when told they had no cash on them, he brought out a mobile payment credit card terminal? Well, what if he could accept payments via QR code instead? This kind of payment system is all the rage in China, making us in the West rather behind our Chinese counterparts, but finally, Chinese payment […]
