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From Xero to $1 billion: Aussie tech company’s founder joins global big time

Accounting platform Xero has chalked up its first ever half year profit on the back of strong global growth sparking a sharp shareprice rally.

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May
02

Everything you need to know about Cryptocurrencies

And while everyone has heard of crypto names like Bitcoin, very few people understand the fundamentals of how cryptocurrencies actually work — especially in the context of personal finance.

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Apr
30

Australian FinTech company profile #7 – InLoop

Through Flexischools, LanternPay and Nuonic businesses, InLoop provides advanced tri-party transaction and data analytics solutions.

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Apr
29

BGL releases Simple Fund 360 integration with A.S.A.P Actuarial

This new integration provides BGL clients the ability to request an Actuarial Certificate directly from A.S.A.P using Simple Fund 360’s Actuarial Wizard.

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Apr
17

Bluechain launches in Australia with Amex

Anglo-Australian fintech Bluechain Payments Ltd has partnered with American Express, enabling Bluechain to offer highly competitive rates on Amex card transactions for its rewards payment service in Australia and New Zealand. Bluechain’s payment platform will assist Amex grow its share of the US$250 trillion bill payments market and allow consumers and businesses to “cardify” their purchases by using an American Express card for almost any payment—even where Amex or other major credit cards are not accepted. A Bluechain user could, for example, pay their council rates with Amex, even though most councils don’t accept Amex cards either when paying online or in person. The cardholder gets the American Express reward […]
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Apr
16

What does NPP mean for businesses and how on earth do they implement it?

Since going live on the 13th of February last year, retail banking customers have adopted NPP on mass. In fact, a number of major banks now use the NPP as a default method of transferring funds between Australian accounts. However, so far, progress has been slower for businesses despite some obvious benefits of real-time, data-rich, immediately-resolved payments. And not only that: NPP payments have the potential to be significantly cheaper than credit cards – the only alternative real-time option. We at Moneytech specialise in the automation of domestic payments flows for businesses. From our perspective, it looks like there are two reasons for the slower business adoption rate. The first […]
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Apr
11

Bitcoin isn’t a boy’s club, women just aren’t getting involved

by Chantelle de la Rey, Amber co-founder, product owner and lead designer. A common question I get asked is ‘why is Bitcoin a boys’ club’? And ‘how do you cope with being a female in three male-dominated spaces?’ Well, let me ask you some questions. Why do you think it is a boy’ club? Why haven’t you as a female entered the Bitcoin or digital-currency space? Why haven’t you bought Bitcoin? Please comment below or send me a message via social media telling me your ‘why’. Here are some common responses. ‘I don’t know enough about the space.’ ‘It doesn’t interest me.’ ‘Way too volatile.’ ‘OMG the news says Bitcoin […]

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Apr
10

How Blockchain is boosting the Fintech Sector

The Financial Technology sector, commonly known as Fintech, has changed considerably over the years. From the introduction of ginormous super computers in the 1970’s that would struggle to compete with the average phone for power these days, technology has advanced the finance world. The 1980’s saw automated stock exchanges and the increased use of computer technology in everyday banking. The 1990’s brought the advent of the internet, changing our lives as well as the financial sector. Slowly but surely, mobile banking, internet banking, personal loans, insurance renewal, forex trading and more crept into our lives bringing disruption to the financial world. What was once the preserve of big banks and […]

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