iSignthis signs agreement with Prasos, Finland’s largest cryptocurrency platform

Australian Securities and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX: ISX |FRA: TA8), the leading payment and identity technology company, announces that it has signed an agreement with Prasos, Finland’s largest cryptocurrency service provider, for the provision of payment processing and identity verification services. Prasos received more than €140m in deposits for purchase of […]

By Australian FinTech | Currency . FinTech . Payments

Bank KYC/AML compliance is broken, and blockchain can fix it

Not only is decentralisation the best solution. It might be the only solution. One of the least-sustainable trends in existing financial services is hidden away in the background. Compliance costs, which refers to the cost of handling legal obligations such as KYC/AML, are a growing stone in the shoes of financial services. And it’s growing […]

By Reposted by Australian FinTech | Banking . Blockchain . FinTech

Change Financial looks to shake up the status quo for financial enterprise

US-based yet ASX-listed fintech company Change Financial (ASX: CCA) has announced three commercial deals to assist the growth of its enterprise division ahead of the full launch of its Software as a Service (SaaS) solution. The fintech newcomer has secured variously structured deals with Mastercard, Central Bank of Kansas City (CBKC) and Pulse, respectively. The […]

By Reposted by Australian FinTech | Banking . Blockchain . FinTech

Advice industry must think bigger: Netwealth

Australia’s financial advice industry should pay heed to the likes of Facebook, Google and Uber if it is to meet the evolving expectations of clients. Speaking at the inaugural IMAP InvestTech conference in Sydney today, netwealth joint managing director Matt Heine said the advice industry is not thinking big enough, putting itself at risk of […]

By Reposted by Australian FinTech | Blockchain . FinTech . Investing . Robo-Advice

Tesco Bank CEO Benny Higgins to chair ASX-listed fintech Kyckr

The chief executive of Tesco Bank in the United Kingdom will become chairman of ASX-listed fintech company Kyckr early in 2018 in a reshuffle of the boardroom. Benny Higgins, who runs the banking arm of the £15 billion ($27 billion) supermarket giant will come into the role with three decades of banking experience after stints […]

By Reposted by Australian FinTech | ASX . Banking . FinTech

Change Financial partners in Blockchain & cryptocurrency business solution

Change Financial Limited announces it has entered an in-principle agreement to develop an innovative blockchain and cryptocurrency technology to provide solutions for the $1,250 trillion global payments market [1].   Continuing with its vision to create a ‘better way of banking by utilising innovative and leading technology’, the Company is investing in a partnership to […]

By Australian FinTech | ASX . Blockchain . FinTech

Avoka partnership assists banks with anti-money laundering efforts

Avoka, the provider of frictionless digital customer acquisition for financial services, announced an agreement with Mitek, a global leader in mobile capture and identity verification software solutions. This means Mitek’s suite of identity verification products will be fully integrated within Avoka’s Transact offering as part of a complete customer acquisition solution, now available to global […]

By Australian FinTech | Banking . FinTech

Web Shield & iSignthis to deliver unified legal entity & UBO KYC

Australian Securities and Frankfurt Stock Exchange cross listed iSignthis Ltd, the global leader in RegTech for identity verification, is pleased to announce that it has executed an agreement to integrate its Paydentity™ UBO Service with Web Shield Ltd’s InvestiGate platform. Web Shield is a world leader in Know Your Customer Corporate/Business (KYCB) Customer due diligence […]

By Australian FinTech | FinTech
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