banks

May
09

Fintech a $US1 trillion fight

Consultants Oliver Wyman has been talking to banking clients all around the world over the past few months about the concept of “modular financial services”. It’s the coverline adorning one of the firm’s latest research pieces on the impact of information technology on the future of banking. Even as the equity prices of US fintech […]

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May
05

New fintech player CreditSME is helping both banks and borrowers in SME lending space

CreditSME has recently launched in the Australian market and is working with both lenders and borrowers to create a streamlined process for small and medium sized businesses to obtain finance. CreditSME has developed a new credit scoring system for small and medium sized enterprises (SMEs) based on the financial and operating position of the company. […]

By Cameron Dart | Banking . Borrowing . FinTech . Lending
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May
05

Globalisation of FinTech: Are we learning from our neighbours?

Most areas in the fintech space are hotly contested. Anyone watching the fintech space can feel overwhelmed by the sheer volume of perspectives that emerge when a new product is launched, an article is written or a tweet is sent. And that is largely because fintech is global.   Fintech companies may operate in their […]

By International FinTech | Banking . FinTech
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May
04

Meet eight fintechs changing financial services

When you have just seven minutes to sell your idea as the next big thing to change banking and investment, every moment counts. Thirty of the country’s best fintechs are pitching to a room full of 160-plus bankers, brokers and venture capitalists at the Grand Hyatt ballroom in Melbourne, where their story, business plan and […]

By Cameron Dart | Banking . Bitcoin . Blockchain . FinTech . Lending . Payments
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May
04

Artificial Intelligence, Algo-Banking, Blockchain, Cryptocurrencies and Robo-Advice Form Growth of Australian FinTech Market

Fintech is a disrupting force and a decentralising movement in the financial services sector. Fintech’s apply information technologies and modern internet protocols for data exchange, and deliver financial services using data storage, data analysis algorithms, or personal telecommunication devices. Digital ecosystems are fundamental to the success of both Fintech and traditional banks. Frost & Sullivan’s […]

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May
04

Fintech challenges Veda, Dun & Bradstreet

CreditSME – founded by Adam Welsh, a former M&A and debt at Origin Capital Group and Goldman Sachs – is offering a sort of broker role, giving them a credit rating and then advising them on which lenders would be the best for them – be it traditional bank or online unsecured lenders. CreditSME, launching […]

By Cameron Dart | Banking . Borrowing . FinTech . Lending
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May
03

Identifying customers in the digital era

Digital identity poses an array of challenges for the consumer and the merchant. The push to perform Know Your Customer (KYC) checks online (or 100 point check as it’s known in Australia) has dramatically increased, with AML/CTF obligated merchants seeking to acquire customers remotely, and in most cases seeking to release the tether to bricks […]

By Cameron Dart | Banking . FinTech . Payments
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May
02

Blockchain technology to impact financial services sector

Blockchain technology has the potential to improve client’s end-to-end experience but the legal profession must consider its regulation, according to Norton Rose Fulbright lawyers. Nick Abrahams, APAC head of technology and innovation, told those gathered at Norton Rose Fulbright’s Unlocking the Blockchain event last week that “Blockchain will radically impact the financial services sector”. Mr […]

By Cameron Dart | ASX . Banking . Blockchain . FinTech
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