big data

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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Mar
15

truRating launches in Australia, empowering businesses to capture mass customer feedback at point-of-payment

Award-winning UK-based point-of-payment rating system, truRating, has officially launched in Australia, giving businesses a straightforward and cost-effective way to collect immediate feedback from their customers when they pay. Using the payment terminal, truRating presents customers with a single feedback question, asking them to rate an aspect of their experience using a scale of 0-9 on […]

By Cameron Dart | FinTech . Payments
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Mar
11

Fintechs push Morrison to enhance quality of credit data

Treasurer Scott Morrison has been urged to turn his encouraging words about fintech into action by pushing the big banks to share more information about customers to boost competition. In an article published in Thursday’s The Australian Financial Review, Mr Morrison said fintech could become a driver of economic growth and said the quality of […]

By Cameron Dart | FinTech . Peer-to-Peer
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Mar
10

Australian FinTech Startup Credit Savvy hits 100,000 Members

PRESS RELEASE: Australian Fintech Startup Credit Savvy Hits 100,000 Members Financial services startup Credit Savvy announced today that it has reached 100,000 users just shy of its first birthday, cementing its place in Australia’s booming ‘fintech’ sector. Credit Savvy provides Australian consumers with free access to their Experian credit score, a summary of their credit […]

By Cameron Dart | Borrowing . FinTech
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Mar
01

Tech startup investor David Jackson launches P2P fintech platform FundX

Prominent Sydney-based venture capital investor David Jackson has branched out from advisory positions and founded FundX to help small and medium-sized businesses get funding. Mr Jackson, was an early stage investor in businesses such as Ingogo, Hey You, Crowd Mobile and Drive My Car and is well known in the local tech start-up industry. He […]

By Cameron Dart | Borrowing . FinTech . Peer-to-Peer
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Jan
20

Rise in data theft opens door for fintech

The ability to protect sensitive client information will be an integral driver for fintech companies, argues Midwinter managing director Julian Plummer. In a statement, the head of the financial planning software provider said companies that can secure high volumes of confidential data will become particularly important to the financial services industry in the coming years. […]

By Australian FinTech | Investing
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