big data

Sep
18

Policies to build a data economy

Australia has a rare opportunity to capture a disproportionately large proportion of emerging data economy, according to Reinventure Group co-founder and managing director Danny Gilligan. But the effort is going to take a top-down, nationally coordinated policy effort to build competitive and exportable regulatory frameworks for data. Mr Gilligan holds deeply the belief that data […]

By Reposted by Australian FinTech | FinTech
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Sep
17

Basiq and Verrency enable banks to drastically improve the quality of their data

Basiq and Verrency have joined forces to enable banks to store clean, categorised and enhanced transaction data – in real-time, at point of purchase. This will uncover new opportunities for banks to offer their customers innovative, and personalised products and experiences. We are all aware of how ‘unclear’ transaction data can be. Think of how […]

By Reposted by Australian FinTech | FinTech
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Aug
21

Banks and fintechs lock horns on consumer data

If you’re interested in the design of policy to put data into the hands of customers, there’s three weeks to provide Treasury with a response to its draft bill that will introduce a “consumer data right” into the Australian economy. Banking will be the first sector to which the new right will apply – and […]

By Reposted by Australian FinTech | Banking . FinTech
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Aug
14

NAB looks to cloud power as it enters AI era

National Australia Bank’s technology and operations chief has said aggressive plans to move to cloud-based systems and refocus its workforce around digital capabilities, is already dramatically changing how it functions, as the institution looks to set itself up for the artificial intelligence era of automated processes. Speaking to The Australian Financial Review alongside a Sydney […]

By Reposted by Australian FinTech | Banking . FinTech
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Jul
24

Credit Simple launches Money Simple

Credit Simple, the fintech where every Australian and New Zealander can get their credit score and credit file for free, forever, has launched free online budgeting tool Money Simple. In a world first, Money Simple brings together open banking data with credit scores to form a single, unified view of a person’s financial life in […]

By Australian FinTech | Banking . FinTech
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Jul
19

CFA exam to include blockchain and cryptocurrency parts from 2019

With cryptocurrencies here to stay, education needs to start meeting student and employer demand. Blockchain technology and cryptocurrencies will be making an appearance in the level I and II Chartered Financial Analyst (CFA) exams from 2019 onwards as part of a broader new reading called Fintech in Investment Management. The material will be released in […]

By Reposted by Australian FinTech | Bitcoin . Blockchain . FinTech . Robo-Advice
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Jun
28

Hack warning: Secure your data or risk a $31 million fine

How do you store your customers’ personal data? Are you one hundred percent sure it’s safe from hackers? These are very important questions for small businesses. Just last week Fairfax reported a conveyancing firm’s IT system had been compromised by hackers who were able to steal $250,000 of a client’s funds from it. Plus, stiff […]

By Reposted by Australian FinTech | FinTech
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Jun
27

QxBranch raises $4.1m Series A

QxBranch, Inc., a data analytics company building software for quantum computers, today announced the close of a $4.1 million USD Series A round led by Dymon Asia Ventures and Alpha Intelligence Capital (AIC), firms with deep expertise in fintech and artificial intelligence technology, respectively. Investors also participating in the round include WorldQuant Ventures and the […]

By Australian FinTech | FinTech . Investing . Venture Capital
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