Search Result: till payments

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Do you want your Fintech company featured on Australia's #1 Fintech website? For over 8 years, Australian FinTech has been working diligently to help make the Australian Fintech industry one of the most successful in the world. In doing so, AustralianFinTech.com.au has become the leading website to showcase 1,000+ Fintech companies, with over 8,000 articles posted (viewed over 5 million times), over 30,000 social media posts and amassed 45,000+ global social media followers. On average, over 30,000 unique users visit Australian FinTech each month. We’ve done this with a small but very dedicated team and no help from the government or any other organisations. To add your company to our […]
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May
17

Prospa announces IPO

Prospa, Australia’s #1 online lender to small business, announces an offer of new shares at an offer price of $3.78 per share to raise $109.6m via an IPO

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May
10

How Artificial Intelligence and FinTech can work together

Artificial Intelligence in fintech will help firms to streamline customer service, automate manual jobs, detect frauds.

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Apr
29

30% of Aussies trust robo-advice

Nearly a third of Australians trust robo-advice, new research from Thinque has shown, which it said is a reflection of diminishing faith in human advisers.

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Apr
16

Novatti Group (ASX:NOV) 1H19 results & outlook

Novatti Group Limited (ASX:NOV) CEO, Peter Cook talks about the company's 1H19 results, growth in transactions processing and range of processing solutions, and provides an update on Novatti becoming an ADI (authorised deposit-taking institution). Anna Napoli: Welcome to the Finance News Network, I’m Anna Napoli and joining me now from Novatti Group Limited (ASX:NOV) is CEO, Peter Cook. Peter, welcome back to FNN. Peter Cook: Good morning Anna. Anna Napoli: Novatti Group is a financial transactions processor and developer. Can you tell us more? Peter Cook: Novatti develops technology, very specific fintech solutions for both our third party customers and our own financial services networks. Most of our focus is […]
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Apr
15

Rejected by banks: SMEs struggle to secure finance

Research commissioned by OnDeck, a leading online SME lender, highlights the problems that small businesses face trying to secure finance. Two out of five SMEs surveyed have sought finance in the past. However, almost one in four (23%) have been knocked back by their bank. Rejection rates rise to 37% among businesses that have been in operation for less than five years. Noah Breslow, Global CEO of OnDeck, says, “What is particularly concerning, is that one in three SMEs rejected for bank finance have had to reach out to family or friends for funding, or have simply resorted to using a credit card.”   Lengthy finance approvals hurt SME operations […]
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Apr
12

Buy now, pay later apps turn focus to business owners

'Buy now, pay later' platforms have changed life for shoppers and now small businesses will be courted with the same model. "What we're seeing now is businesses getting really crunched around payment terms...it's like there's a freeze or a jolt in the system," Cloudfloat founder Aleem Habibullah says. Cloudfloat is preparing to soft launch its fintech product at the end of the month. The startup will pay business invoices directly and then small businesses will pay it back in instalments over periods up to 90 days. As the push for shorter payment times intensifies, Habibullah says some companies are struggling to keep up. Just as models like Afterpay let eager […]
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Apr
10

How Blockchain is boosting the Fintech Sector

The Financial Technology sector, commonly known as Fintech, has changed considerably over the years. From the introduction of ginormous super computers in the 1970’s that would struggle to compete with the average phone for power these days, technology has advanced the finance world. The 1980’s saw automated stock exchanges and the increased use of computer technology in everyday banking. The 1990’s brought the advent of the internet, changing our lives as well as the financial sector. Slowly but surely, mobile banking, internet banking, personal loans, insurance renewal, forex trading and more crept into our lives bringing disruption to the financial world. What was once the preserve of big banks and […]

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