Insurance

Jun
27

Australians embrace FinTech as adoption rates double in just 18 months

Digitally active Australian consumers are embracing FinTech at a rapid pace, with Australia now ranked fifth highest in FinTech adoption among 20 markets surveyed globally, according to the latest EY FinTech Adoption Index. China has the highest level of FinTech adoption globally at 69%, followed by India (52%), the UK (42%) and Brazil (40%), with Australia (37%) rounding out the top five. The study, based on 22,000 online interviews with digitally active consumers across 20 markets, including Australia, shows that FinTech services are poised for mainstream adoption on a global scale with an average of one in every three (33%) digitally active consumers now using FinTech. EY FinTech spokesperson, Rowan […]

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Jun
27

Winners of the 2nd Annual Australian FinTech Awards 2017

Congratulations to the winners of the 2nd Annual Australian FinTech Awards 2017. The 2nd Annual Australian FinTech Awards celebrate the achievements of the dynamic people and businesses comprising the FinTech sector. These Awards seek to recognise success in the FinTech sector in its many forms. The event was a fantastic evening of celebrating the best innovation, created by the best innovators and entrepreneurs that live and work in Australia. Here are the winners for the 2nd Annual Australian FinTech Awards 2017: FinTech Innovation in payments ZipMoney   FinTech Innovation in Wealth Management (Robo-Advice) Pocketbook   FinTech Innovation in Lending Tyro Payments   Best FinTech Communications Campaign BRICKX   Best Research […]

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Jun
21

The finalists for the 2nd Annual Australian FinTech Awards 2017

The 2nd Annual Australian FinTech Awards 2017 celebrate the achievements of the dynamic people and businesses comprising the FinTech sector. These Awards seek to recognise success in the FinTech sector in its many forms. This event will be an evening of celebrating the best innovation, created by the best innovators and entrepreneurs that live and work in Australia. Here are the finalists for the 2nd Annual Australian FinTech Awards 2017 to be held Thursday 22 June in Sydney: FinTech Innovation in payments Tyro Payments ZipMoney Afterpay   FinTech Innovation in Wealth Management (Robo-Advice) Acorns Grow Australia Six Park Pocketbook   FinTech Innovation in Lending SocietyOne MoneyMe Financial Group Tyro Payments […]

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Jun
12

Inside the multibillion dollar battle for Millennials’ super

Something hilarious has been appearing in the Facebook feeds of thousands of millennial-aged Australians lately. In a video, “Clancy Overall” and “Errol Parker”, two characters from “Australia’s oldest newspaper” the satirical site The Betoota Advocate, talk up “some financial start-up from down south” that allows you to “grab your superannuation by the balls” and invest in things such as “greenie bullsh-t”. The company they were plugging, Grow Super, is the latest participant in the most fascinating battle unfolding in Australia’s $2.3 trillion retirement industry: the fight for control of the Millennial generation’s wealth. Its rivals include Spaceship, the tech-focused super product backed by a string of start-up luminaries including Atlassian’s […]

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May
31

The 2nd Annual FinTech Awards 2017

The 2nd Annual FinTech Awards 2017 celebrate the achievements of the dynamic people and businesses comprising the FinTech sector. These Awards seek to recognise success in the FinTech sector in its many forms. This event will be an evening of celebrating the best innovation, created by the best innovators and entrepreneurs that live and work in Australia. Australian FinTech is proud to be a media partner for the 2nd Annual FinTech Awards 2017 to be held in Sydney on 22nd June 2017. Australian FinTech’s CEO and Co-Founder, Cameron Dart, recently named as one of the Top 25 Influencers of FinTech in Australia, is honoured to be one of the judges […]

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May
25

Winners at The Finnies!

Congratulations to those Australian Fintech companies and their fearless leaders who won awards last night at the inaugural Finnies Fintech Awards:   Female Fintech Leader of the Year: Emma Weston, AgriDigital Co-Founder & CEO   Joint Male Fintech Leaders of the Year: Greg Moshal & Beau Bertoli, Prospa Co-Founders   Fintech Organisation of the Year: Afterpay   Emerging Fintech Leader of the Year: Emma Weston, AgriDigital Co-Founder & CEO   Emerging Fintech Organisation of the Year: Spaceship   Best Fintech place to work: Prospa   Best workplace diversity: Timelio   Marketing Campaign or Brand Initiative of the Year: Equitise – Equitise Bubble   Excellence in establishing Market Presence (Australia): BrickX […]

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Ex Zurich Australia CEO heads up new insurtech startup, Evari

A major new start up in the insurance industry called Evari (www.evari.insure) has been announced in Australia, led by former CEO of Zurich Australia & NZ, Daniel Fogarty. Evari will provide a customer first, digital experience, that simplifies the purchase and management of business insurance and will launch in mid 2017. “At Evari we are using technology to create a great customer experience and solve challenges that SMEs face when buying their insurance”, Daniel said. “I know first-hand the challenges that incumbents have trying to get innovation into the insurance process, and I firmly believe there is a better way of servicing the needs of small businesses”. With co-founders from […]

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Midwinter adds Omnium to its Fintech Ecosystem

Midwinter has announced the completion of its integration between AdviceOS and Ominum’s OmniLife. This allows the real-time flow of insurance premium product data from OmniLife into the AdviceOS Fact Find, Client Portal and Statement of Advice generator. It also allows client data from AdviceOS to be pre-populated into OmniLife, ensuring a synchronised connection between the two solutions. Midwinter has been forthright in their philosophy regarding open architecture software, believing that advisers of today need software systems that can speak to each other. This allows for freedom of choice as well as eliminating the double entry of data across multiple systems. Stressing this point, Managing Director of Midwinter Julian Plummer said […]

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