Major banks could face challenges from big tech with updated Reserve Bank rules
The Reserve Bank of Australia has thrown open the gate for technology companies to enter the payments space and challenge the big four banks’ oligopoly.
BDO partners with Nod
BDO has partnered with Australian fintech company Nod to deliver better and more efficient statement of advice documents to clients.
Zip exceeds expectations in final quarter
The last quarter of FY19 was a success for buy-now pay-later group Zip Co, with transaction volumes up 108% year-on-year to $1.1 billion.
How digital bank Up built for speed and scale
A legacy-free, mobile-first platform, building for scale, and a focus on openness helped digital bank Up reach its first hundred thousand customers.
Fintech lenders should band together to break the big 4 monopoly: loans.com.au
Leading Australian online lender loans.com.au has called on Fintech Lenders to put aside their differences and work together to beat the Big Four banks.
The 2019 ifa Excellence Awards finalists have been announced
Congratulations to the Australian fintech companies nominated as finalists in the 2019 ifa Excellence Awards under the Innovator of the Year category.
P2P lender joins another aggregator’s panel
RateSetter, a leading Australian P2P lender, provides risk-based pricing for its personal loans, with interest rates starting at 5.49%.
Nimble to exit payday lending
“While we transition from the payday lending market, we are building a strong suite of products which will eventually fill this void,” said CEO Gavin Slater.