“Immediate” need for open banking education
According to Poli Konstantinidis from Experian, “there is an immediate need for improvement in consumer education on open banking.”
IMF warns banks must evolve or be ‘left behind’ amid the rise of digital money
“The Rise of Digital Money” noted that cash and bank deposits, which are currently the most common forms of money, will “face tough competition.”
It’s been a good year for listed fintechs; here’s where analysts are staying bullish
The ASX also hosts a number of other listed fintechs operating across payments, consumer finance and small business lending.
Australian FinTech company profile #33 – Cloudfloat
Cloudfloat provides buy-now, pay-later arrangements for small businesses
The changing face of financial advice
Open banking platform Basiq and CRM software provider AdviserLogic have partnered to solve this issue and improve the way financial advice is given.
‘Open banking’ era dawns in Australia
Open banking is a seismic shift in retail banking driven by regulatory changes, changing consumer preferences, and technology-enabled innovation.
Australians need banking, not banks
Banking in today’s hyper-connected world requires a customer-centric approach. Consumers want to be able to bank where they want, when they want and how they want.
Open banking opens the way for neobanks
With the new open banking policy set to take effect July 1, neobanks could soon become the more popular choice for Aussies over the big four.
