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Jun
12

How Arctic Intelligence is revolutionising RegTech to transform compliance

Anthony Quinn, CEO and Founder of RegTech company, Arctic Intelligence, is leading the charge to prevent financial crime.

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Jun
10

New study shows digital marketing skills, financial literacy on wish-list for Aussie small business owners

A study of small business owners in Australia reveals they need digital marketing skills and improved financial literacy to manage and grow their business

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May
30

What the future of Fintech looks like

What’s next for the future of fintech. Fintech has been a “hot” sector for quite some time now. Last year the global funding in the sector rose to US$111.8B

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May
16

Australian FinTech company profile #13 – Arctic Intelligence

Arctic Intelligence is a RegTech business that provides market-leading audit, risk and compliance software in the financial crime risk management area.

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Apr
16

Key benefits of robo-advisors in Fintech

When you are investing and strive for a higher ROI, whom do you address? As a rule, you reach out to a team of wealth advisors. That means meeting regularly with those financial consultants to discuss your ventures and make adjustments to your investment portfolio. This process is time and money consuming and can be frustrating, as well. This does not need to be the case. We know how to change it with a revolutionary new approach to wealth management. A new service called robo advising makes it a thing of the past. These digital assistants provide automated algorithm-based portfolio management analysis with accurate figures and efficient risk assessment. Robo-advisors […]
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Apr
15

Rejected by banks: SMEs struggle to secure finance

Research commissioned by OnDeck, a leading online SME lender, highlights the problems that small businesses face trying to secure finance. Two out of five SMEs surveyed have sought finance in the past. However, almost one in four (23%) have been knocked back by their bank. Rejection rates rise to 37% among businesses that have been in operation for less than five years. Noah Breslow, Global CEO of OnDeck, says, “What is particularly concerning, is that one in three SMEs rejected for bank finance have had to reach out to family or friends for funding, or have simply resorted to using a credit card.”   Lengthy finance approvals hurt SME operations […]
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Apr
12

Australian FinTech company profile #5 – SavR

Company Name: SavR Website: www.savr.online Key Staff & Titles: Tim O'Shea - CEO, Costas Aletrari - CTO, Kevin Lacey - COO Location(s): Brisbane, Australia and Kansas City, USA In one sentence, what does your fintech do?: An Automated savings App to help people Plan, Savr FOR and Save ON their next Vacation How / why did you start your fintech company?: My career in the Finance industry has centred around helping people improve their lives by better managing their money. Our app was originally designed to help people reduce debt faster, but our users constantly requested help with saving for a Vacation. With all the other financial noise most people […]
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Mar
26

Australia’s Consumer Data Right to open banking

by Doug Morris, CEO, Sharesight In collaboration with Fintech Australia, Sharesight has officially endorsed a submission on the Treasury Laws Amendment (Consumer Data Right) Bill 2019 that seeks to create the Consumer Data Right (CDR) with an amendment to the Competition and Consumer Act 2010. The Consumer Data Right (CDR) will mandate that banks and financial institutions (before later extending to telecommunications and utility providers) make it easy, safe, and practical for consumers to share their data with third parties — including competing services. It’s one of several critical ingredients needed to improve the financial outcome for Australians. Open Banking initiatives are already in place in the UK, and progress […]

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