SBS Bank has partnered with Sandstone Technology to deploy a new digital banking platform
SBS Bank has partnered with Sandstone Technology to deploy a new digital banking platform to facilitate an anywhere, anytime banking experience for the bank’s Members. The recent project is the first step in what promises to be a long and exciting relationship between the rapidly growing New Zealand Member bank and the FinTech, which was co-founded by New Zealander Bob Hall. The banking platform, developed in collaboration with Sandstone partner Liferay, will soon be extended to create an online sales channel supporting the origination and fulfilment of Member applications for accounts and investments. Approved deposit product applicants will have immediate access to their online banking facilities. Shaun […]
EY WAMTech PitchFest – Can Fintech solve some of the wealth industry’s biggest challenges?
The nation’s most innovative FinTech developers are being called on to help revolutionise the Australian wealth and asset management (WAM) industry by taking part in the inaugural EY WAMTech PitchFest. Supported by the Financial Services Council (FSC), the PitchFest calls on FinTechs to design innovative solutions to one of six problem statements, representing some of the biggest challenges faced by WAM providers today that new technology could solve. These challenges, identified via a survey of key Australian WAM industry participants including executives from the across the superannuation, funds management and life insurance sectors, include: Improving financial literacy Providing one touch access to wealth solutions Simplifying the process for […]
Jost: Pace of reform is too slow
Australia must disrupt its banking regulations or face waking up one day to find a FinTech innovator such as Chinese giant Alibaba becoming the bedrock of our financial system, rather than the Big Four banks. So says Jost Stollmann, a German expat with decades of experience in technology entrepreneurship, government and FinTech innovation. “One day we might not be talking about the Big Four but AT&T Financial Services and Alibaba owning banking services in Australia,” says Mr Stollmann. Mr Stollmann sees Australia at a tipping point, not only with FinTech regulation but also with its overall innovation thrust. In a strengths, weaknesses, opportunity and threat analysis, Australia has great lifestyle […]
Epictenet launches i-Commerce platform
By Ritesh Srivastava, Founder & CEO, Epictenet Imagine a journey where instead of looking for information & options someone guides you. The i-commerce Platform is an experience will get your thinking going, bring more innovation and enhance the current customer experience. As the world advances, increasingly towards digital every day and the customers crave to do more things on mobile, Epictenet have innovated and coined a new customer interface called i-commerce platform – providing a personalised experience to customers they have been used to in traditional branch environments and places in their hands, at the convenience, pace and device of their choice. i-commerce platform – is a […]
Ignition Wealth previews single page financial wellness profile
Ignition Wealth took the stage at last week’s dynamic Class CUP Connect conference event to unveil the latest development in their world leading digital financial technology. Ignition Wealth presented at the Class CUP Connect conference as partners of Class Super. The Ignition Wealth technology stack is fully integrated with Class Super, the leading cloudbased SMSF administration software. Class Super customers can now seamlessly access Ignition Wealth digital financial advice via the Class Super portal. Using the latest in cloudbased financial aggregation technology the new Ignition Wealth technology provides consumers with a holistic, interactive, personal financial wellness profile. One simple registration process allows the consumer to aggregate all of […]
Xero & CommBank unveil innovations to transform small business banking
Xero today announced the first of many new features to be released with Commonwealth Bank, Australia’s largest bank, designed to enable mutual small business customers to make smart, informed decisions. A world first is the ability to set up direct bank feeds from either platform. Mutual customers of Commonwealth Bank and Xero can choose to start their journey within Xero, or connect from the Xero accounting platform directly within NetBank. This feature also accelerates the processing time of setting up Commonwealth Bank bank feeds for a small business customer from ten days to having the feeds available overnight. It means Commonwealth Bank and Xero customers can reconcile more of their […]
nura breaks Aussie Kickstarter record with world-first headphones
Melbourne startup nura has officially broken a record to become the most funded Australian Kickstarter campaign ever, reaching a current total of AU$1.2 million in pledges, with 12 days to go, for its world-first invention — headphones that learn and adapt to your unique hearing. Globally, less than 1 per cent of Kickstarter projects reach funding of more than US$1 million, and nura is well on track to join this group. The average Kickstarter attracts approximately 3 per cent of backers from Australia, but almost 20 per cent of nura’s backers are Australian. There are currently more than 5,500 Australian projects on Kickstarter, across creative categories including film, music, art, theatre, games, […]
Link Digital Solutions announces partnership with Ignition Wealth
Super advice tools integrating with online portals to increase consumer engagement Digital and mobile solutions provider Link Digital Solutions today announced its successful integration with digital advice provider Ignition Wealth. The integrated offering will provide superannuation fund members with seamless access to advice tools directly through Link’s online member portals. “The partnership with Ignition Wealth will allow us to prepopulate superannuation advice tools such as personal projections and simulations, and make them readily available within our clients’ online member portals. Ultimately, this will assist funds as they support their members in the journey from accumulation to retirement. “We seek to integrate with specialist partners in order to […]
