FinTech

Oct
04

6 Things You Should Do to Avoid Fake Bitcoin Wallet App Scams

It is now apparent that a fake wallet app is the newest Bitcoin theft risk you should score. You’ve probably heard that Apple Store and Google Play have very stringent app review processes. That they only allow apps that won’t harm you to access through their platforms. If that gave you a sense of security, I am sorry to tell you it is a false one. Members of the bitcoin community have just discovered about eight fake bitcoin wallet apps in the Apple Store. They were all imitations of some the most used Bitcoin wallet apps, including Coinbase, BreadWallet, BitGo, Armory and Green Address. If you, unfortunately, happened to download […]

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Oct
04

InPayTech Limited announces Initial Public Offer to raise up to $5 Million

Integrated Payment Technologies Limited (InPayTech) has today announced the launch of its Initial Public Offer (IPO) to raise up to $5 Million including oversubscriptions, and apply to list on the Australian Securities Exchange (ASX). The IPO opens on October 17, 2016 through a prospectus issued by InPayTech and lodged with the Australian Securities and Investments Commission (ASIC) on September 23, 2016. InPayTech is an Australian financial technology company that has created a unique payments process (the Process) in support of Australia’s banking, wealth management and superannuation sectors. InPayTech will capitalise on Government regulation to enhance its business in: Superannuation, via the Single Touch Payroll (STP) initiative of the Australian Taxation […]

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Oct
04

Key appointment of CEO at DirectMoney

The Board of DirectMoney is very pleased to announce the appointment of Mr Anthony Nantes to the position of Chief Executive Officer. Former Chief Executive Officer, Mr Peter Beaumont will become the Chief Operating Officer. Mr Nantes brings substantial experience in fintech and technology to the role, which together with his exceptional set of skills will lead and deliver the next phase of the Company’s growth.   Mr Anthony Nantes said: “I am excited to have the opportunity to take over the reins of such an outstanding Australian fintech company that has proven capability and has successfully grown through the early stage with a proprietary technology platform foundation that can […]

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Oct
04

Valiant announces partnership with Octomedia to launch Inside Small Business LoanConnect

Leading fintech business loan marketplace, Valiant and Inside Small Business publisher Octomedia, announced the official launch of an exclusive partnership to bring business loan solutions to Australia’s small business community.   The partnership is a major Australian publishing first which delivers an exclusive business loan search and application portal as a co-branded offer: Inside Small Business LoanConnect.    By dynamically accessing Valiant’s panel of 35+ leading lenders, Inside Small Business LoanConnect compares small business owner’s loan requests to the lender’s credit criteria. Matching works instantaneously through Valiant’s proprietary marketplace technology – saving business owner’s time and stress.   Valiant Co-founders, Alex Molloy and Richard Cotton expressed excitement for the new […]

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Oct
04

UBS invests big in blockchain future

Global investment bank UBS is throwing its resources behind the blockchain’s transformative potential, investigating a range of applications such as smart bonds, cross border payment transactions on the distributed ledger and a digital representation of physical currency. In 2015 the bank opened an innovation lab designed to explore how the blockchain could be used by the financial services sector and how it would disrupt traditional banking models. Now its research will turn into reality. UBS group chief operating officer Axel Lehmann told The Australian Financial Review the blockchain could be “the next internet” in terms of its potential, but there were still questions to be answered. “We don’t want to […]

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Oct
03

Australia leads the way in revolutionary blockchain technology

Good news on the #Innovation front! Australia leads the way in developing international standards for blockchain technology. Neil Buckland explains this new technology predicted to revolutionise practically anything! Australia leads the way for incorporated blockchain technology Blockchain technology has been in the news a lot recently. Many industries are even predicting it could be the future for the way in which they operate. Australia has recently received the go-ahead to develop the international standards of the technology; a move which Standards Australia says will create better market confidence and certainty. So what exactly is blockchain technology and how could it aid businesses? Understanding blockchain technology Blockchain technology is most commonly […]

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Sep
27

How partnerships are driving this fintech lender forward

Small business lender GetCapital is utilising strategic partnerships to benefit its customers. Fintech companies were originally thought of as disruptors, but as the game continues the rules are starting to change. Today, you’re more likely to see banks and corporates building bridges with fintech companies rather than putting up defensive walls. This is the case for GetCapital, a small business lender sharing its reins with business heavyweights such as Qantas and Alibaba. Established in 2013, GetCapital started providing standard small business loans to Australian businesses and has now diversified it to include trade finance and invoice discounting. GetCapital CEO Jamie Osborn says the idea is to provide an online small business […]

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Sep
20

An Aussie fintech startup is helping financial advisers fight back in the war against robots

It’s not exactly bleak, but the future for financial advisers – humans ones – is a littler cloudier now than it has been in the past. Cheap roboadvice products are infiltrating the market, offering easy-to-use products, advice and even investing money on a user’s behalf. The key word is “cheap”, as the traditional perception of having a financial adviser is linked to earning a higher than average wage. With more and more people responsible for managing their own retirement funds, roboadvisers give lower wage earners some sense of security about what to do with their savings. But recent studies show roboadvisors are also gaining popularity with high-net-worth investors. They’re not […]

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