Afterpay: Ron Brierley backing fintech start-up | The Australian
Legendary corporate raider Ron Brierley and a host of alumni from his former Guinness Peat Group have joined a group of wealthy investors in backing online commerce-tech start-up Afterpay to target the $100 billion market for online retail and e-services. Source: Afterpay: Ron Brierley backing fintech start-up | The Australian
Local business launches first social finance network
If there has been one area of industry disruption and expansion online recently, it is in the area of financial technology companies. One new company, dfinanz, which was started in Queensland last month by a team of financial professionals, says it is the first global social network for finance. Source: Local business launches first social finance network
P&N Bank to trial Decimal’s financial advice platform
Decimal Software, an Australian Securities Exchange-listed company that has developed a robo-advice platform, has entered the mutual banking market, striking an agreement with WA-based P&N Bank. Under the deal, which could be announced to the ASX as early as Tuesday, P&N will evaluate Decimal’s cloud-based platform with a view to implementing it to enhance the experience of customers shopping for financial advice. Decimal’s software is already being used by QSuper and Mercer, and the Sydney-based company has plans to sell into other financial services business, including banks, in Australia and the United States. It is hoping to capitalise on the need for financial institutions to accelerate their response to consumer-driven […]
Australia a hotbed for digital banking tests: Citi
Banks are “all moving too slow” when it comes to providing digital products that are relevant to customers, according to Heather Cox, the head of digital for one of the world’s most powerful consumer banks, Citi.”We’re all moving too slow – and we have to figure out how we are going to be really relevant in people’s lives,” Ms Cox, who was recently named Digital Banker of the Year by American Banker in 2015 Source: Australia a hotbed for digital banking tests: Citi
How can you benefit From FinTech?
Financial Technology, also known as FinTech, is a line of business based on using software to provide financial services. FinTech companies are generally startups founded with the purpose of disrupting incumbent financial systems and corporations that rely less on software.[1]
What is Australian Fintech?
Financial Technology, also known as FinTech, is a line of business based on using software to provide financial services.
Just what is Fintech?
Financial Technology, also known as FinTech, is a line of business based on using software to provide financial services. FinTech companies are generally startups founded with the purpose of disrupting incumbent financial systems and corporations that rely less on software.[1] Global investment in FinTech more than tripled to $4 billion in 2013 from $930 million in 2008.[2] The nascent FinTech industry has seen rapid growth over the last few years, according to the office of the Mayor of London. Forty percent of London’s workforce is employed in financial and technology services.[3] In the Asia Pacific region, the growth will see a new FinTech hub to be opened in Sydney, Australia, in April 2015.[4] There is already a number of strong […]
Australian travel insurers…reviewed, rated and crowned
If you’re looking for a standout travel insurance policy, check out the providers that took out the top spots in the Mozo Experts Choice Travel Insurance Awards. Source: Australian travel insurers…reviewed, rated and crowned
