NYC Immersion Program – 5 Things Australian Scaleup’s Learned
The US market might seem like a distant goal for many Australian businesses. The reality is, however, that more local startups are making the leap to grow their business every year – and learning a lot along the way. We know that Founders are always looking for the most efficient way to grow and scale and what better way than to learn from those who are making it happen? That’s why we asked some of the participants from our 2017 FinTech NYC Immersion Program about some of the most important lessons they learned during their time in the US. Here are their tips for startups looking to follow in their footsteps: […]
Pressing for progress for women in tech
In early November, the World Economic Forum announced a statistic that was hard to stomach: the gender gap widened for the first time in the last decade. A year ago the association claimed it would take 170 years to reach full gender parity, but now we’re up to 217 years. While there are many prominent areas of gender inequality in Australia’s workforce, one specific area hit close to home for us. Women occupy only one quarter of the Australian STEM (Science, Technology, Engineering, Maths) workforce. In response to this statistic, this year we set out to learn more about what some of the leaders, both men and women, in the […]
Paypal files patent for expedited cryptocurrency transaction system
A recent patent filing reveals that Paypal might be considering expanding its exposure to the cryptocurrency ecosystem with a new system for speedy transactions. We shouldn’t however expect a Paypal Lightning Network or anything close to that any time soon. There is currently a global race to file patents for everything crypto or “blockchain” related and the company might just be strengthening its portfolio for future patent battles. Expedited Cryptocurrency Transaction System Online payments provider Paypal has filed a new patent application for an “expedited virtual currency transaction system” with the US Patent and Trademark Office. The last time it was reported that the company filed a patent application related […]
Finnie awards launched for 2018
Australia’s 600+ fintech companies have been given the opportunity to get official recognition for their success, with entries opening for Australia’s only industry-backed awards. FinTech Australia and the NSW Government’s Jobs for NSW today came together to launch the 2018 Finnie awards. A total of 23 awards will be on offer, including FinTech Organisation of the Year, Outstanding FinTech Leader of the Year, Female FinTech Leader of the Year, Emerging FinTech Leader of the Year and Emerging FinTech Organisation of the Year. In addition, fintech companies will have the opportunity to be recognised for excellence in sectors such as lending, wealth management, payments, crowdfunding, blockchain, artificial intelligence and regtech. For […]
IRESS launches ebMS messaging service linking super funds directly with the ATO
IRESS today announced that it has launched an ebMS messaging service that provides superannuation funds with a verified integration pathway to send non-financial data directly to the Australian Tax Office (ATO). In response to the ATO moving from periodic reporting requirements to near real-time reporting of superannuation events and transactions, the IRESS ebMS messaging service supports ATO message flows to enable super funds to meet the following reporting and compliance obligations: Member Account Attribution Service (MAAS), the Member Accounts Transaction Service (MATS), SuperTICK (STIC) and Supermatch (SMAT). Provided as a managed service, IRESS’ ebMS provides a cost effective, compliant, resilient and robust messaging solution that eliminates the need to use […]
Global payments innovator Verrency accepted into another prestigious accelerator – Plug and Play Tech Center in Silicon Valley
Verrency, a global Australian payments platform and fintech marketplace, has been accepted into the latest fintech cohort of Silicon Valley-based technology accelerator Plug and Play Tech Center. Verrency was selected out of almost 1000 fintech start-ups to be a part of the prestigious accelerator program following a rigorous selection process, which involved voting from Plug and Play’s corporate financial services partners. Verrency is only one of three Australian firms to have ever been selected for entry into the fintech cohorts over the life of Plug and Play. During the next three months, Verrency will be introduced to Plug and Play’s corporate partners and work with the partners on potential pilots, […]
Private wealth platform appoints ASX-listed corporate adviser
A blockchain-based private wealth platform that created China’s first robo-advice solution appointed an ASX-listed corporate advisory firm for its initial coin offering (ICO). Bankorus, which now advises more than 200,000 high-net-worth investors representing an aggregate US$30 billion in assets, will partner with DigitalX (ASX:DCC) to launch its ICO. DigitalX is based in Perth and New York and provides blockchain consulting, software solutions and ICO support. Bankorus allows HNW investors with multiple ways to access cryptocurrency using traditional assets. Investors can, for example, “tokenise” illiquid assets such as real estate holdings, and borrow cryptocurrencies against the value of any existing traditional asset. DigitalX noted that the global cryptocurrency market represents about […]
Macrovue launches its 5G technology investment portfolio
Leading fintech Macrovue announces the launch of its new investment portfolio built around the next phase of the wireless revolution – 5G technology. The 5G technology portfolio – known as a Vue, presents significant investment opportunities as it represents a technological paradigm shift, akin to the move from typewriter to the computer. 5G is more complex than any connectivity technology that came before it – delivering scalability and capability to allow the efficient operation of autonomous cars, smart-cities, huge advances in healthcare, and more sophisticated industrial automation. 5G will enable the connectivity of 25 billion Internet of Thing devices and more than 300,000 level three and four autonomous vehicles which are estimated to be […]
