Marketech gives investors online trading access to NSX
Online trading platform Marketech today became the first online retail broking platform in Australia to partner with the NSX.
Australia’s eftpos joins Hedera Governing Council and will run Aussie Hedera network node
eftpos today announced it has joined the Hedera Governing Council and will run the country’s first Hedera network node this year.
Credit Suisse-backed Tradeplus24 launches with AFG to access thousands of brokers nationally
Credit Suisse-backed Tradeplus24, a SME lending fintech, has joined the Australian Finance Group’s panel of specialist finance providers.
Credit Suisse-backed Tradeplus24 launches in Australia
Credit Suisse-backed alternative lending start-up, Tradeplus24, is soon launching into Australia from its headquarters in Switzerland.
Melbourne millennial fintech Pelikin lands partnership with global payments provider Tuxedo
Melbourne travel and banking app Pelikin has partnered with global finance technology provider Tuxedo Money Solutions, to deliver the startup’s multi-currency prepaid debit card offering. Specialising in prepaid and alternative finance solutions, Tuxedo will power the payment technology and prepaid card offered by Pelikin. Founded in 2006 in the United Kingdom, Tuxedo has now grown through exciting partnerships, hosting transactions in over 200 territories worldwide and processing just under $2 billion in card loads. Technical Director of Tuxedo Nicholas Holt shared that he is excited to partner with such a cutting edge startup. “We’re very excited to partner with Pelikin and be a part of their journey, as well as […]
Industry newcomer, Huddle, tackling insurance fraud with Australian-first technology
Insurance industry newcomer, Huddle, is taking significant steps to tackle fraud within the sector while dramatically increasing the speed at which claims are approved and paid. The Insurance Council of Australia currently estimates the cost of fraud is up to $2bn per year – most of which gets passed on to the end consumer. With the insurance industry largely offline – in the form of paper forms and applications – the opportunity for potential fraudsters to slip through the cracks is large, and damaging for the whole industry. Huddle co-founders, Jason Wilby and Jonathan Buck, saw an opportunity to use technology to disrupt the traditional insurance industry, reduce fraud, and […]
Macquarie’s plan to beat the investment robots
Investing robots and index funds are poaching billions of dollars from human fund managers, but Macquarie Investment Management head of the Americas Shawn Lytle says the firm is repositioning to cope with the seismic shift into passive investing. Globally, droves of investors are yanking money from high-fee active managers and parking their funds in passive strategies such as exchange-traded funds that ride the ups and downs of select markets. Macquarie Investment Management, a global division which manages about $US257 billion of Macquarie Group’s $US362 billion in assets under management, is aiming to differentiate by offering more unique actively managed equities, bonds and alternative assets such as infrastructure. “We are at […]
