More super funds tipped to launch robo-advice
More superannuation funds are looking to implement automated “robo-advice” for members as a way of satisfying the competing demands of bringing down fees, while also improving their members’ access to financial advice. The pressure on funds to improve advice is coming from both regulators and a growing band of tech-savvy, bank-owned competitors.At the same time fees are in the firing line, and some super funds cannot afford large teams of financial advisers. “Robo-advice” is basic financial advice that a super fund can provide to members via online tools. Normally, it takes into account personal details such as the individual’s age, balance and retirement savings goals. It is increasingly viewed as […]
Basiq announces five new customers to access Open Banking
Basiq announced Pearler, Way Forward, The Payment App, Otivo and Fonto as customers under the CDR Representative model who can now access Open Banking data.
Regtech could be the solution to finfluencer conundrum, ASIC says
ASIC’s Young People and Money survey found that 33% of 18 to 21-year-olds follow at least one finfluencer on social media.
Why Fintech Is The Most Important Industry Right Now
This is a fantastic article on Australian FinTech. And it’s also great information to pass onto those who don’t understand what FinTech is and are unaware of how they can benefit from using Australian FinTech products. Fintech is beginning to disrupt the financial world as we know it. The financial industry is now more focused than ever on technological innovation than at any other time. It’s so important, Malcolm Turnbull referred to it in his first speech as PM. But, for those unfamiliar with the term, here’s a quick explainer. Put simply, Fintech is financial technology; a digital revolution. It’s about major changes to asset management, business and personal loans, […]
Australian FinTech company profile #181 – TermPlus
TermPlus helps everyday Australians confidently put their savings to work with online term accounts offering better target rates for monthly income payments.
GBST wins 2024 IBS Intelligence Digital Banking Award for Islamic Banking & Wealth Management
GBST has been selected as the 2024 Digital Banking Award recipient for Islamic Banking & Wealth Management from IBS Intelligence.
Life Sherpa
Take absolute control of your finances – and your life – in your own home, in your own time.
GBST develops innovative digital Private Equity technology platform with Luna Partners
GBST has collaborated with Luna Partners to create a technology platform that seamlessly connects investors and managers to the wholesale private equity market.
