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 […]
Notes and coins seem anachronistic
Apart from the introduction of polymer banknotes back in the 1980s, Australian cash has remained largely the same since its creation. Now, rapid advances in technology are making the concept of crinkled pieces of plastic and metal coins seem anachronistic. The latest payment method to garner widespread public attention has been contactless payments. Customers can pay for purchases at the point of sale by simply tapping their credit or debit card on a compatible terminal. For lower-value transactions, even a PIN is not required. Contactless payment systems typically make use of near-field communication (NFC) technology that allows transactions to take place when the card or phone is within a few […]
Security important but most consumers prefer convenience
The fact convenience trumps security for most consumers when it comes to online shopping was one of the more alarming revelations to come out of the recent Future of Payments roundtable co-hosted by The Australian Financial Review and Braintree. For founder and CEO of online beauty store Adore Beauty, Kate Morris, the level of concern people have about security at present is nothing compared to what it was when she began in 2000. “People just assume that so long as your website looks legit, that you are all right.” CEO and founder of online personal brand consultants Social Check, David Griffiths, believes consumers are in for a huge wake-up call […]
Finding the right partners key to success
In a recent white paper on the future of payments involving The Australian Financial Review and Braintree, one of the key findings was more than a quarter of businesses work with three or more payment partners. This can be both a blessing and a curse. On the one hand it ensures an organisation can reach a wider range of consumers but on the other, it injects more complexity into the mix such as more security issues. For business, getting the payments element of online commerce right is critical as is getting the right payments partner. Growing companies need a payments partner that can scale quickly and deal with a range […]
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 […]
Big banks and fintech start-ups face up to Jack Ma’s mobile payments juggernaut Ant Financial
As Australia’s retailers steel themselves for the arrival of US online shopping giant Amazon, our banks are also set for a big disruption. They’re already staring down competition from small, home-grown digital financial start-ups, but there’s a much bigger threat on the horizon. Ant Financial is the financial services arm of the Chinese internet shopping giant Alibaba and boasts 450 million daily users worldwide. While Ant Financial says it wants to work with our banks, not against them, some are warning disruption from a global digital giant is inevitable, even if it doesn’t come from China. To find out more and hear the audio, please click on the link […]
Square becomes a one-stop shop for your countertop
Whether you’re looking to finish the financial year with a countertop upgrade or you’re starting a new business, the thought of sourcing new hardware, software and payments services from multiple providers can be exhausting. Unfortunately, that’s the challenge many Australian business owners face. At Square, we think things should be simpler. We make it easy to source every tool you need to run a fully integrated point of sale on your countertop. That’s why we’re excited to announce that you can now buy every piece of point-of-sale hardware you need on Square’s online shop. We offer a wide range of third-party hardware and accessories that solve all your countertop needs. […]
Samsung Pay adds 38 more banks and credit unions in Australia
Almost two million more Australians will be able to use their smartphone as a credit card today in a move Samsung promised would take the country “a step closer” to ditching traditional wallets entirely. The smartphone giant will add 38 financial institutions to its Samsung Pay app, allowing customers from Credit Union Australia, Australian Unity and more to pay by tapping their smartphone or smartwatch at the cash register. Samsung Pay, which launched one year ago, is still trailing its Apple and Google rivals, but all three now offer payments from more than 40 institutions. Samsung Australia mobile division vice-president Richard Fink said the latest deal, secured with payment solutions […]
