Money flows indicate the future is now
There is a massive shift of money coming out of actively managed funds and into ETFs as investors look to manage their fee budget more effectively.
Payments the ‘latest victim of disruption’ – consumers modernising wallets
Afterpay originally launched in 2015 and merged with payments technology company Touchcorp in mid-2017. Afterpay now services more than 3.1 million active users
RBA warns of ‘lock-out’ risk from rise of phone payments
The Reserve Bank has warned that growth in payments driven by smart phones, watches and other wearable devices must not stifle competition.
Open banking set to be a ‘game changer’ with more power for customers
Open banking means the CBA, Westpac, ANZ and NAB will have to make credit card, deposit and transaction data available if customers request it.
Everything investors need to know about the war on cash
Will cashless societies exist in the future? How can investors take advantage of this trend? Which stocks stand to benefit from the war on cash? Will any companies become casualties?
Unique marketplace driving alternative finance
The fourth annual AltFi Australasia Summit is approaching, with alternative finance leaders convening to discuss the future of the industry on 15 April. “Alternative lenders are currently facing a unique convergence of market happenings: reduced trust in traditional lenders, the upcoming shift to open banking, and the impending introduction of comprehensive credit reporting,” said the global CEO of alternative lender OnDeck, Noah Breslow. The 2018 Deloitte Trust Index for Banking revealed that less than half of Australians trust that their personal bank will keep its promises, and only 36% feel that their bank has their best interests at heart. According to Breslow, “This has created an opportunity to capture an […]
Fintech Start-Ups invited to apply to Accenture 2019 FinTech Innovation Lab Asia-Pacific
To be eligible for the Accenture 2019 FinTech Innovation Lab Asia-Pacific, startups must have a working version of their technology/solution for financial institutions Applications are now being accepted for Accenture’s annual FinTech Innovation Lab Asia-Pacific, a 12-week program that helps early- and growth-stage fintech companies accelerate product and business development through mentorship with executives from top financial institutions. Fintech entrepreneurs developing cutting-edge products, services and technologies are invited to apply now until May 10. The sixth year of the Lab comes after global fintech investments more than doubled in 2018, to US$55.3 billion, led by a surge in funding to start-ups in mainland China, as well as by record fintech […]
Asia Pacific look towards embracing technologies to advance their digital transformation strategy: F5 Networks survey
Asia Pacific organisations are keenly taking advantage of embracing emerging technologies to accelerate their digital transformation projects. F5 Networks’ (NASDAQ: FFIV) latest 2019 State of Application Services report revealed that 41 percent of Asia Pacific organisations are employing containers, and taking advantage of agile development methodologies to deliver applications smarter and faster. While such shifts present new opportunities for automation and agility, complexity levels also arise; leaving organisations with additional challenges such as enforcing consistent security and optimising reliable performance standards. “As Asia Pacific businesses look to further advance their ongoing digital transformation initiatives, the ability to modernise its application portfolio and infrastructure is taking center stage,” said Adam Judd, Senior […]
