big data

May
23

NAB, Westpac and Qantas invest in Data Republic

National Australia Bank, Westpac Banking Corp and Qantas have taken stakes in Data Republic, a Sydney-based start-up that has designed a platform which allows companies and government to exchange data in a secure environment. The deal indicates some of Australia’s largest companies are considering sharing data with each other to enhance service delivery but under […]

By Cameron Dart | Banking . FinTech . Investing . Venture Capital
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May
04

Artificial Intelligence, Algo-Banking, Blockchain, Cryptocurrencies and Robo-Advice Form Growth of Australian FinTech Market

Fintech is a disrupting force and a decentralising movement in the financial services sector. Fintech’s apply information technologies and modern internet protocols for data exchange, and deliver financial services using data storage, data analysis algorithms, or personal telecommunication devices. Digital ecosystems are fundamental to the success of both Fintech and traditional banks. Frost & Sullivan’s […]

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May
04

Fintech challenges Veda, Dun & Bradstreet

CreditSME – founded by Adam Welsh, a former M&A and debt at Origin Capital Group and Goldman Sachs – is offering a sort of broker role, giving them a credit rating and then advising them on which lenders would be the best for them – be it traditional bank or online unsecured lenders. CreditSME, launching […]

By Cameron Dart | Banking . Borrowing . FinTech . Lending
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Apr
19

Data sharing struggles between banks and fintechs

Fintech companies want your Internet banking logins. Banks don’t want you to give it to them. Find out why the answer isn’t as simple as security. The issue of data crops up time and time again in the fintech market. Whether it’s the banks not sharing their data, fintech companies not providing enough protection of […]

By Cameron Dart | Banking . FinTech
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Apr
04

Standardisation of data access crucial to development of Australian fintech industry

Media Release: Sydney, 4 April 2016 – One of the major challenges facing the emerging Australian fintech sector is the lack of a standardised format for accessing financial data. The complexities of accessing sufficient institutional and client data will be a major limiting factor for many of the fintech companies now trying to establish themselves […]

By Cameron Dart | FinTech
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Mar
22

InvestmentLink launches new data service for growing fintech sector

MEDIA RELEASE: Sydney, 22 March, 2016 – InvestmentLink, Australia’s largest financial data source, today announced the launch of a new data service specifically developed for the growing fintech sector. InvestmentLinkRT (ILRT) provides software developers an expanded data link directly into their applications, allowing for the development of more holistic and engaging software products.   ILRT […]

By Cameron Dart | FinTech . Investing
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Mar
22

Australia’s banks could be forced to share data with fintech start-ups

Treasurer Scott Morrison is considering forcing Australia’s big banks to share more of their data with financial technology start-ups to bolster the country’s comprehensive credit reporting scheme. The announcement was made as part of the government’s new policy vision for growing the fintech sector, launched today. It revealed it would direct the Productivity Commission to […]

By Cameron Dart | Banking . FinTech . Peer-to-Peer
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Mar
22

Fintech funding pressures banks

The big banks’ allegedly sluggish adoption of a regime to boost the flow of credit data among financial services companies will come under the spotlight of the Productivity Commission as the federal government steps up ­efforts to stimulate the burgeoning fintech industry. Scott Morrison yesterday revealed a range of measures to support financial technology companies, […]

By Cameron Dart | Banking . FinTech . Sydney FinTech
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