More than half of Australians don’t think governments give them a ‘fair go’!
A survey by Fair Go Finance reveals 59% of respondents are likely to change their vote depending on which political party promises to give them a ‘fair go’.
Wisr added to Platform Finance panel as it strengthens business team
Wisr, Australia’s first neo lender (ASX: WZR), has joined the consumer lending panel of one of the country’s biggest finance broker communities and strengthened its business teams. Platform Finance, part of the Consolidated Operations Group (ASX: COG), has finance brokers across Australia and will now be able to offer their consumer clients access to Wisr’s unsecured personal loans. This appointment follows a period of real growth in Wisr’s personal loan business through the broker channel. The company has recorded 46% quarter on quarter growth in loan settlements through the broker channel as at 30 September 2018. Today more than half of all finance brokers are able to assist clients with […]
Think you’ve innovated? Enter the finder Awards 2018 to show ‘em what you’ve got
We’ve seen our fair share of fintech innovations over the past few years. From robo-advice to peer-to-peer (P2P) lending to Blockchain, innovation has been offered in spades within the Australian marketplace. The finder Awards 2018 celebrates excellence in local business innovation by recognising creativity and impact across key industries including banking, property, retail, travel and of course, fintech. Comparison site, finder.com.au, invites the nation’s most forward-thinking businesses, both big and small, to step forward and showcase their best innovation. From Best Tech Innovation to Best Personal Finance App, there are seven innovation categories now open for submission. These include; Best Tech Innovation Best Online Shopping Innovation Most Innovative Team/Person Best […]
Local FinTech Jacaranda Finance commits to providing positive credit reporting data
Following the Australian Government’s announcement of the introduction of comprehensive credit reporting (CCR), many lenders and other financial institutions are following suit with the aim of creating a more accommodating platform for consumers. This platform will allow for consumers to get a better deal from lenders based on a more accurate representation of their own financial circumstances. The foundation of financial lending is built on the concept of helping those in need. However, it is common practice for lenders to enforce a different criteria for consumers with bad credit, as a negative history may lead lenders to question the reliability of the client. In line with responsible lending obligations, […]
Fintech platforms disrupting business finance
The term ‘fintech’ covers a wide and ever-growing range of technologies. This article explores some of the biggest game-changers, and how they’re impacting the way businesses are managing their financial affairs. Treasurer Scott Morrison said of fintech in 2016: “It has the power to completely bring in a new environment of competition. For small businesses out there who find it difficult to attract capital, for large government agencies who are struggling with convoluted and difficult payment systems … to medium-sized businesses that are trying to bring their products up to date and to connect with their consumers in ways they haven’t before.” Then on his visit to a G20 Conference […]
FinTech sector accuses banks of not playing fair
The Financial Tech start-up industry, known as FinTech, is a vibrant new sector that promises to disrupt—or at least compete with—incumbent finance businesses in Australia. The Turnbull Government has made several announcements indicating support for the sector. But some in the sector are accusing the banks of not playing fair, by actively misleading their customers in advising them not to connect to FinTech services. LISTEN: To listen to ABC’s Fran Kelly, joined by RN Breakfast’s Technology Editor Peter Marks, click on the link below… Source: FinTech sector accuses banks of not playing fair – RN Breakfast – ABC Radio National (Australian Broadcasting Corporation)
Fintech urges regulators to better support Australians
Fair Go Finance has called on state governments to better support initiatives aiming to bolster regional areas across Australia.
Thank You & Merry Christmas!
From the team at Australian FinTech, we’d like to say a massive THANK YOU to everyone who has supported us over the past 12 months.
