big data

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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Jun
15

Alibaba moves to transform Australian fintech

Alibaba Group’s innovative facial recognition, artificial intelligence and data analytics technology is coming to Australia’s financial services sector, under a partnership with local technology group TAS. The landmark deal between TAS and Alibaba’s cloud computing arm, Alibaba Cloud, will provide Australian businesses with the opportunity to access cutting edge cloud computing and data centre services. […]

By Reposted by Australian FinTech | FinTech
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May
15

Alibaba Cloud and TAS announce partnership to lead the way in cloud services for Financial Industry in Australia

TAS, a leading technology partner for the financial services sector and Alibaba Cloud, the cloud computing arm of Alibaba Group, have announced a partnership that marks a new era of cloud services to the financial services industry (FSI) in Australia. In this partnership, TAS and Alibaba Cloud will provide a managed, compliant and secure cloud […]

By Australian FinTech | FinTech
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