Class partners with peer-to-peer lender
Cloud SMSF administration software provider, Class, has collaborated with peer-to-peer lender, RateSetter, to provide self-managed superannuation fund (SMSF) accountants and their clients with a direct-connect date feed. This would allow for automated data entry and transactions processing within Class. Class chief executive, Kevin Bungard, said the increase in digitisation in the finance sector was appealing to all ages and would allow for a streamlined execution of necessary tasks. “Some industry commentators have previously suggested that peer-to-peer lending may be more attractive to Gen Ys,” he said. “RateSetter experience has shown that a significant percentage of SMSFs, which typically comprise older age groups, are very much on board with the concept […]
SuiteBox appoints CTO to drive ongoing innovation
SuiteBox, the mobile office solution for professionals, has appointed Isaac Young as Chief Technology Officer. Mr Young will be tasked with driving ongoing innovation and enhancements to the SuiteBox platform and to lead the company’s integration projects with large channel partners. Ian Dunbar, SuiteBox CEO, said: “I’m delighted that Isaac has agreed to join SuiteBox. Isaac will be responsible for ensuring the SuiteBox platform is robust and scalable, and that the software keeps pace with growing demands from financial service professionals. It is a key strategy of ours to bring on channel partners through which the SuiteBox offering can be deployed to large groups of financial advisers. Isaac’s global […]
ThinkForex rebrands to ThinkMarkets and launches ThinkTrader
ThinkForex, the leading provider of financial derivatives trading, has rebranded to ThinkMarkets and has launched ThinkTrader, its own multi-asset trading platform. With several thousand clients around the world – the new brand represents ThinkMarket’s ambition to become the world’s largest provider of foreign exchange, contracts for difference and spread bets. Essential to this development is maintaining ThinkMarket’s core values of offering its clients sophisticated but simple to use trading mechanisms, supported by high quality educational material and advanced analysis. The launch of ThinkTrader is integral to this progress. Based on the firm’s history of innovation, security and reliability, ThinkTrader was built entirely in-house and offers traders access to: Intuitive user […]
Fintech startup CurrencyVue levelling the playing field for small businesses
Aiming to shake up the global foreign exchange industry, local fintech startup CurrencyVue officially launched their innovative foreign exchange risk management platform today. The startup is backed by a private investor group including ex-SAP CEO Les Hayman and Head of Group Treasury at Tatts Group Limited Cale Bennett and is led by its founder and CEO, former foreign exchange and hedging solutions specialist Matt Tyrrell. The cloud software as a service (SaaS) platform is targeting small and medium sized businesses (SME’s) enabling them to quickly and easily identify foreign exchange risk through a visual representation of their exposure. Mr Tryrell said the devaluation of the Pound following Brexit was a significant recent example […]
Infocus enters Robo-Advice Market with earnie.com.au
Infocus Wealth Management (Infocus) today announced the launch of earnie.com.au, the group’s direct-to-consumer financial advice solution. earnie.com.au is available at no cost for consumers, providing simple smart investing for Australians from all walks of life. Launching earnie.com.au delivers Infocus access to the rapidly emerging market in direct to consumer advice. In combination with national operations spanning face-to-face financial advice, funds management and wealth technology, this makes Infocus an exciting prospect. Rod Bristow, Managing Director and CEO of Infocus, said “Around 80 per cent of the Australian population don’t currently receive financial advice. We are really excited to be launching earnie.com.au today to help bridge this gap. Those who sign up […]
Robo-advice start-ups go beyond disruption to new clients
Robo-advice start-ups are looking to use technology to drive massive expansion in the financial advice market, rather than to simply disrupt it. While established players, such as AMP, and the wealth management arms of banks are among those vulnerable to robo-advice, start-ups claim they are not targeting their market. “People talk about disrupting the financial services industry with robo-advice, but only 20 per cent of the country gets advice,” David Pettit, chief executive of Perth-based robo-advice start-up Future Penny, told The Australian. “There’s a massive piece of the market that aren’t seeking or engaging with advice professionals.” Robo-advice delivers investors a low-cost investment management portfolio based on algorithms and technology. […]
Link Digital Solutions announces partnership with Ignition Wealth
Super advice tools integrating with online portals to increase consumer engagement Digital and mobile solutions provider Link Digital Solutions today announced its successful integration with digital advice provider Ignition Wealth. The integrated offering will provide superannuation fund members with seamless access to advice tools directly through Link’s online member portals. “The partnership with Ignition Wealth will allow us to prepopulate superannuation advice tools such as personal projections and simulations, and make them readily available within our clients’ online member portals. Ultimately, this will assist funds as they support their members in the journey from accumulation to retirement. “We seek to integrate with specialist partners in order to […]
1st Annual Australian FinTech Awards 2016
Congratulations to the winners of the 1st Annual Australian FinTech Awards 2016! FINTECH INNOVATION IN PAYMENTS – Afterpay FINTECH INNOVATION IN WEALTH MANAGEMENT (ROBO ADVICE) – Owners Advisory by Macquarie Group FINTECH INNOVATION IN LENDING (FOR FINTECH) – SocietyOne BEST INNOVATION IN CYBER-SECURITY & ANTI-FRAUD – Entersoft BEST FINTECH COMMUNICATIONS CAMPAIGN – Acorns BEST RESEARCH IN FINTECH – Panalitix BEST FINTECH-BANK COLLABORATION OF THE YEAR – OnDeck Capital’s partnership with CBA FINTECH LEADER OF THE YEAR – Daniel Foggo of RateSetter FEMALE FINTECH LEADER OF THE YEAR – Loretta Joseph of the Sydney Stock Exchange FINTECH CTO/CIO OF THE YEAR – Glenn Riddell of RateSetter INSURE-TECH STARTUP OF THE YEAR – […]
