How the banks can simply avoid money laundering slips: Temenos
Temenos provides software for core banking solutions like accounts, loans, deposits, anti-money laundering, wealth solutions and front office management.
Tech enabled, hybrid advice model emerges
Absolute Advice created a hybrid model – a full service advice practice employing tools commonly associated with robo-advice for on-boarding and investment.
Cashwerkz partners with At Call providers to launch powerful new At Call account facility
Cashwerkz, the leading online platform in Australia uniquely designed for cash investing and wholly-owned by Trustees Australia Limited (ASX: TAU), has launched a powerful new At Call savings account option offering up to 2.3% interest for investors. Cashwerkz offers a range of cash investment solutions from 41 Authorised Deposit-taking Institutions (ADIs). It recently hit a new milestone for funds passed through the platform, now reaching $2 billion, as well as a new milestone for cash accounts that remain active on the platform. Cashwerkz today has over $1 billion funds on the platform waiting to mature. The new At Call offering from Cashwerkz ADI partners is designed to offer significantly higher […]
Legally certified identity verification solution ‘light years ahead’ of the market
Max ID®, an Australian Legal Practice and Reg-tech innovator, has been named as a finalist for the Fintech Business Start Up of the Year and Compliance Innovator of the Year at the Fintech Business Awards 2019. The Fintech Business Awards, one of the leading awards programs in the Australian technology sector, celebrates the leading individuals and organisations who demonstrate outstanding innovation and entrepreneurship. In late 2018, after testing and piloting with a number of clients had been successfully completed, Max ID publicly launched the solution that brings a broad range of industry players a step closer to their aim of delivering simple, efficient and inexpensive same-day fully compliant ‘safe harbour’ […]
Ezidebit goes back to childcare roots after 12 months on the sidelines
Payments solution group Ezidebit is making an aggressive push back into the booming childcare industry after 12 months on the sidelines. Ezidebit provides an integrated payments solution to streamline collecting of fees for childcare centres and Outside School Hours Care services, reducing time spent in reconciling payments. Ezidebit has more than 20 years’ experience in the childcare industry, with a dedicated team to support the segment, but has been excluded from operating in the sector since the sale of partner QikKids in early 2018 where it was previously the exclusive payments provider. Ezidebit Managing Director Australia and New Zealand Mark Healy said: “Our heritage is in childcare and we fully […]
Australia’s first academy launches for businesses wanting to ride crowdfunding wave in 2019
Australian businesses will learn how to become crowdfunding champions – thereby helping to avoid an emerging ‘credit crunch’ – as part of a government-supported private academy to be addressed by two international experts. Sydney-based ReadyFundGo has launched a crowdfunding academy – which is the first of its type in the country – to operate across Australia during early February. The academy has received funding from the Australian Government’s Entrepreneurs’ Programme. The academy launch comes amid evidence that 2019 will be a turning point for the business crowdfunding sector, thanks to new regulatory changes, credit shortages and rising interest in the fundraising option. In October last year, the Australian Government commenced […]
New digital bank will provide first genuine alternative to Big Banks
Australians will soon have a genuine alternative to the Big Four banks, with the launch of 86 400. Worked on under stealth for the past two years and announced publicly for the first time today, 86 400 has been investing heavily in proprietary technology to build a more efficient, digital bank. Among its 60-strong team, it boasts UK neobank veteran, Anthony Thomson, former ANZ Japan CEO Robert Bell and former Cuscal CIO Brian Parker. Anthony Thomson, 86 400’s incoming chair said: “Australians deserve more from banking. They expect better treatment and a better experience, and that’s exactly what we’re here to provide.” 86 400 will launch in beta towards the […]
Picking your peer-to-peer platform provider to invest
Disruption is not just happening to retail, hospitality and taxis. It’s also happening in financial services, especially banks, where borrowers and lenders are finding ways to engage, cutting traditional players out of the picture. At best, in this scenario, both investors and borrowers can end up winning, with better lending rates and higher returns. This sector is worth investigating for investors comfortable with debt, but be prepared to do your homework. The sector is expanding rapidly with a range of new businesses, offering differing features. But for most investors the field can be split into peer-to-peer lenders and corporate bonds. The lenders Funds are available for personal commitments such as […]
