FinTech Disruptors

Oct
20

Blockchain gains traction in fintech as payment networks emerge

J.P. Morgan has created what is arguably one of the largest blockchain payments networks to date. The financial services company announced that the Royal Bank of Canada and Australia and New Zealand Banking Group Ltd. are the first two banks to join the blockchain network, “representing significant cross-border payment volumes.” J.P. Morgan created the Interbank […]

By Reposted by Australian FinTech | Banking . Blockchain . FinTech . Payments
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Oct
20

Backing local talent to build the Australian FinTech sector

New scholarship announced to grow future FinTech leaders FinTech may be the talk of the town, but it’s nothing if it doesn’t move forward. To ensure the industry keeps innovating, and to give back to the country supporting their battle against the ‘big dogs’ of the FinTech world, Nifty Personal Loans (Nifty) has launched a scholarship […]

By Reposted by Australian FinTech | Borrowing . FinTech . Lending
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Oct
20

Partnerships driving the local fintech sector

Financial technology startups are growing in Australia, from less than 100 in 2014 to approximately 579 companies today. Many financial businesses see this as a direct threat, but if our country is to have any hope of building a world-class financial services technology industry, the future lies not in competition, but in collaboration. We are […]

By Reposted by Australian FinTech | Banking . FinTech . Payments
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Oct
20

Australia and New Zealand formalise fintech agreement

The Australian Securities and Investments Commission (ASIC) and New Zealand’s Financial Markets Authority (FMA) have re-affirmed their commitment to promote innovation and fintech development across the Tasman. It’s confirmation of the wide-ranging Memorandum of Understanding reached between the countries in 2012 and follows a meeting focused on the need to foster fintech innovation and growth […]

By Reposted by Australian FinTech | FinTech
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Oct
19

Afterpay surges as sales head for $1.5b

Lay-by payments service Afterpay Touch says its underlying annualised sales are on track to surpass $1.5 billion as more major brands sign up. The fintech’s first quarter sales hit $367 million, up from $271 million in the fourth quarter of 2016/17, and comes after Target, Luxottica and Petbarn recently adopted its online payments system. Shares […]

By Reposted by Australian FinTech | ASX . Borrowing . FinTech . Lending . Payments
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Oct
19

KPMG: Australian banks leading on fintech innovation

By Elizabeth Barry, Finder.com.au   Fintech is still a challenge for our banks but they have fared better than their global peers. A new report from KPMG has found that Australian banks are ahead of global financial institutions on fintech engagement, collaboration and innovation. The report, Forging the future: Embracing fintech to evolve and grow, […]

By Elizabeth Barry | Banking . FinTech
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Oct
19

Hashkloud Australia’s Blockchain integrated PaySHA digital payments platform goes LIVE

PaySHA promises cashless and cardless digital payments that uses Blockchain & QR code technologies to deliver real time payment solutions for the customers Hashkloud Pty Ltd (HKAU), a Blockchain focused Fintech company based in Sydney, Australia announced that United Commercial Bank Ltd (UCB), a full service commercial bank based in Dhaka, Bangladesh have launched Upay, […]

By Reposted by Australian FinTech | Blockchain . FinTech . Payments
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Oct
19

Link4 partners with Squirrel Street for faster invoice processing

Turning the information in an invoice into an entry in a cloud accounting system is a pain point for businesses.   Now Squirrel Street’s industry leading AI data extraction and human verification process has been incorporated into Link4 so users can import legacy PDF invoices along with instant, truly digital, eInvoices into any of the […]

By Australian FinTech | FinTech . Payments
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