Australian FinTech and GreySpark Partners to collaborate on Research & Strategic Advisory for the Australian Financial Industry
GreySpark Partners, a global business and technology consulting firm, and Australian FinTech, an online space dedicated to promoting the development of the fintech industry in Australia, are pleased to announce a new partnership in which the Australian FinTech portal will serve as a conduit for accessing GreySpark-produced research reports and information related to the firm’s strategic advisory services on the use of and investments in new technologies and financial applications. Founded in 2009, GreySpark – which is headquartered in the UK, with offices in Sydney, New York, Edinburgh, London and Hong Kong – provides its base of financial markets clients with a range of traditional and niche services and products. […]
Invigor Group teams with blockchain player to monetise loyalty programs
Invigor Group Ltd (ASX:IVO) has entered into a joint venture agreement with ChronoBank.io, a leading global blockchain enterprise, to offer digital tokens for use in loyalty programs. The company will collaborate with ChronoBank.io to introduce Infinity, a digital token for customers of retailers, brands and service providers. Aiming to unlock local and international opportunities The joint venture aims to create a ubiquitous loyalty program in which retailers will have the ability to distribute Infinity digital tokens in lieu of or supplementing existing rewards points. For the consumer, the introduction of Infinity tokens is expected to simplify the pain of dealing with multiple loyalty programs. Moreover, it allows loyalty points which […]
BPAY Group develops BPAY BatchMaker and partners with QuickBooks
BPAY Group, Australia’s leading payments provider, has announced its latest innovation, BPAY BatchMaker, a product helping small businesses to pay multiple suppliers at the same time. As part of BPAY Group’s growing portfolio of developing innovative products for the Australian market that solve customer pain points, BPAY BatchMaker helps makes it easier for small businesses to pay multiple bills and create efficiencies by reducing manual processing. BPAY BatchMaker’s first partner is QuickBooks, the global leader in cloud accounting, with 2.8 million subscribers worldwide. The BPAY BatchMaker app is now available to QuickBooks customers, free of charge*, via the QuickBooks app store. The new application is an easy and convenient way […]
Novatti Group (ASX:NOV) 1H18 results & outlook
Novatti Group Limited (ASX:NOV) CEO, Peter Cook talks about the company’s 1H18 results, the launch of its Australian remittance service, the integration of basis2 and progress towards its goal of becoming an ADI (authorised deposit-taking institution). Rachael Jones: Hello I’m Rachael Jones for the Finance News Network. Joining me from the Novatti Group (ASX:NOV) is CEO, Peter Cook. Peter, welcome to the Network. Peter Cook: Rachael good afternoon. Rachael Jones: Firstly could we just start with an introduction to your company? Peter Cook: Novatti listed two years ago, January 2016. Our market capitalisation is about $40 million at the moment and actually, our top 20 shareholders have about 80 per […]
Novatti Group (ASX:NOV) 1H18 results & outlook
Novatti Group Limited (ASX:NOV) CEO, Peter Cook talks about the company’s 1H18 results, the launch of its Australian remittance service, the integration of basis2 and progress towards its goal of becoming an ADI (authorised deposit-taking institution). Rachael Jones: Hello I’m Rachael Jones for the Finance News Network. Joining me from the Novatti Group (ASX:NOV) is CEO, Peter Cook. Peter, welcome to the Network. Peter Cook: Rachael good afternoon. Rachael Jones: Firstly could we just start with an introduction to your company? Peter Cook: Novatti listed two years ago, January 2016. Our market capitalisation is about $40 million at the moment and actually, our top 20 shareholders have about 80 per […]
Tic:Toc to undercut broker distribution in white label play
Mortgage brokers are facing a double threat from online lender Tic:Toc, which is seeing a surge in demand from consumers and interest from banks and non-bank lenders looking for cheaper distribution. Tic:Toc promotes its quick turnaround times and convenience. The group only offers its own branded mortgages, which it says can be approved within 22 minutes through a completely online process. The fintech started lending four months ago and has received approximately $330 million of applications in that time, with conversions hovering around 17 per cent this month. “The new competitive battleground in mortgages is speed, and that is best delivered through an end-to-end digital fulfillment process like ours,” Tic:Toc […]
Kyckr enters US market in partnership with The Mizen Group
Kyckr Limited, a regulatory technology company, is pleased to announce it has a signed a binding agreement with The Mizen Group LLC to distribute Kyckr’s products and services to its US and European focused clients. The agreement signifies Kyckr’s expansion into the large and lucrative US market, leveraging Mizen’s established reputation, customers and prospects. Mizen are focused on the New York district where many international banks are domiciled. Under the mutual distribution and revenue-sharing partnership, Mizen will integrate Kyckr’s data services Application Program Interface (API) into its Anti Money Laundering Platform known as the Smart Data Investigative Platform (SDIP). Kyckr’s integrated offering will provide SDIP users with access […]
IBM, Optus and Australia Post join blockchain group
IBM, Optus and Australia Post have joined the Australian Digital Currency Commerce Association (ADCCA). ADCCA counts among its members participants in the digital currency sector, particularly those involved in Bitcoin and technology inspired by Bitcoin’s distributed ledger system, the blockchain. Other ADCCA members include professional services firms EY, PwC and Deloitte; law firms Norton Rose Fulbright, Gilbert + Tobin, Allens, Ashurst and DLA Piper; Dun & Bradstreet and Perpetual. The organisation also counts as member some 20 blockchain-focussed startups. “Most blockchain use cases will require collaboration within industries and between industry and policy-makers to succeed,” ADCCA’s CEO and managing director, Nick Giurietto, told Computerworld. “As part of our mission to […]
