Identitii partners with Trace Financial to simplify new financial message standards migration for SWIFT member banks
Identitii Limited (ASX:ID8), an Australian FinTech enabling the secure overlay of transaction level detail on top of financial messages using a private blockchain, has partnered with leading message transformation software provider Trace Financial Limited. The product partnership involves the integration of Trace Financial’s established message translation software, Transformer, with Identitii’s innovative overlay platform, Overlay+, to simplify the migration to new ISO 20022 financial message standards for financial business transactions. Headquartered in London, Trace Financial has technical expertise in SWIFT messaging, and has been providing software solutions to bank grade clients for over 30 years. Identitii will leverage Trace Financial’s sales network and conduct joint marketing activities for the adoption of […]
Splitit: why this payments company is dividing the market
The last time fund manager Dean Fergie’s cycling buddies had such a specific interest in the financial markets was during the bitcoin boom. “Two years ago, everyone was going, hey, what about bitcoin. Now it’s about Splitit – it’s the stock everyone is talking about,” says the Melbourne-based Cyan Investment Management director whose fund bought shares in the company during its initial public offering. Splitit Payments, a company that gives credit-card customers the option of paying for purchases in instalments, listed on the Australian Securities Exchange in January with a market capitalisation of just $54 million, issuing shares at 20¢ each. Now, its market capitalisation is $450 million – more […]
Identitii commences phase two with HSBC
Identitii Limited (ASX:ID8), the FinTech company enabling banks and corporates to securely exchange intelligent information in real-time, is pleased to announce further engagement with global tier one bank, HSBC Global Services (UK) Limited. Following the successful completion of phase one of its project with HSBC, a customer since 2017, Identitii has commenced work on phase two of the project under the existing Framework Agreement. Phase two will deliver additional functionality to support HSBC’s plans to roll out Identitii’s solution into multiple geographies. Identitii also expects phase two to drive increased consumption of data points (transactions) across its platform. Initially, phase two will generate additional revenue of up to US$480,000 for […]
PlayChip lists on IDEX
PlayChip’s listing on IDEX is its fourth listing in less than three weeks, following its successful listing on Australia’s first regulated cryptocurrency exchange, Independent Reserve, in late January. The token is also listed on top ten exchange HitBTC and LATOKEN. The PlayXchange, the economic centre of PlayChip’s online gaming ecosystem, has had over 12,000 registrations since its inception in December of last year. The PlayChip was also integrated into online fantasy sports gaming platform, PlayUp, in January, where it can be used to enter daily fantasy challenges in numerous global sporting events. The PlayChip is expected to integrate into two additional gaming platforms in the coming months. In Q2 of […]
ASX tech upgrades hit their stride and pay
The Australian Securities Exchange (ASX) has continued its all-out push to achieve regional digital superiority as a multi-pronged trading technology platform, revealing a major foray into analytics, machine learning alongside its migration to blockchain for settlements. The Australian market operator on Thursday added substantial icing to its cake alongside its push into distributed ledger technology that has become widely regarded as a global leader in real-world application of the technology. While the rollout of the new DLT settlements platform, where the ASX has partnered with Digital Asset Holdings, was earlier pushed-out by around six months to March/April 2021, analysts were ravenous for detail on the opportunities down the track once […]
A guide to Ripple wallets
Ripple (XRP) is a decentralized real-time gross settlement system (RTGS), remittance network, and currency exchange. It was created as a distributed open source protocol by Ripple Labs Inc., a US-based technology firm. Ripple (XRP) was initially derived from RipplePay, back in 2004, a platform that had plans to grow into the current Ripple services, long before Bitcoin had emerged. It was rebranded and co-founded by Jed McCaleb, a prominent industry figure who later founded Stellar Lumens, another equally popular remittance platform based on blockchain technology. Its platform supports tokens representing cryptocurrency, fiat currency, commodities and even other units of value such as frequent flier miles and mobile minutes. Although XRP […]
Australian University awards funding to local Bitcoin exchange
A Brisbane-based Bitcoin exchange has caught the eye of Queensland’s University of Technology (QUT), which awarded the start-up $15,000 in funding. Digital Surge was selected among eight innovations to receive the money, as part of QUT’s ‘Bluebox Accelerator’ program. “We look for the most innovative start-ups across all disciplines,” said the program mentor Dr Tim MacTaggart. “This year we have a bright group who cover the emerging Queensland interests including cryptocurrency, retail and some of our most pressing social issues such as homelessness.” The QUT Bluebox accelerator is a three month intensive program aimed at getting start-ups reading for fast-tracking commercial growth. As well as the funding, selected teams receive […]
Aleksandar Svetski, CEO of digital currency exchange Amber: “I’m usually wrong a lot but when I’m right, I’m very right”
We all want to be millionaires, so what exactly are the three, simple steps to becoming a millionaire? Aleksandar Svetski, CEO of Amber says, there are none. Aleks is Co Founder and CEO at AMBER; Australia’s first app, to combine a digital currency exchange, wallet, and round ups, allowing anyone to swap the spare change from their every-day transactions into Bitcoin – on auto-pilot. Aleks told himself that he would be a millionaire by the age of 20. Was he a millionaire by this age? Not quite. With HSC results in the top 1% of the State, Aleks was granted early entry and a Scholarship to the University of Wollongong. […]
