Aussie banks take on Afterpay, Zip Co in BNPL battle
As Australia grapples with the financial impacts of COVID-19, the big four banks are at a crossroads, being been challenged to evolve and keep pace.
Cashflow biggest concern for COVID-hit SMEs
Finstro Chief Product Officer Tom Whitworth said cashflow support was critical to empowering SMEs to continue to trade and grow.
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.
Survey points to the devastating impact of late invoice payments on families and SME’s
Nearly one in two (47%) surveyed SME decision makers said that late invoice payments had caused them ‘significant’ stress in the past.
Outsourcing allows firms to innovate
For Stephen Dawson, CEO of Grapple, outsourcing the finance function to an accounting firm allows him and his team to focus on growing the business.
Moneytech expands team and strengthens offer following record year of growth
Australian fintech leaders and startup founders react to the Hayne royal commission final report
After nearly 70 days of hearings, pouring through more than 10,000 public submissions the banking royal commission’s final report has been released. In it, Commissioner Hayne explains that one of the “complicating” factors is the impact of technological developments on the financial advice industry. Hayne writes: “Many in the industry have recognised that technology is likely to play an important role in the future of financial advice, but there is not yet a clear picture of what that role might be. Any recommendation directed to altering the current structure of the industry would need to grapple with the fact that the industry itself will very probably look very different in […]
A Bitcoin for your thoughts?
By Naomi Christopher, Midwinter Financial Services, Senior Manager – Brand Those of us in the tech world can all agree that Bitcoin is genuinely starting to take off or at least cause a stir…. If by take-off you mean clamber $672 bucks one day and slide down $384 the next. But while some of us look on with wide eyed enthusiasm as the price of it continues to climb and fall and then climb and fall (but mostly climb at the moment!), much of the rest of the world continues to scratch their heads as they grapple to understand “what’s it all about?” And of course, whether it is in […]
