FinTech Disruptors

AMP advises fintechs to seek bigger partners

Australian fintech start-ups looking to expand their businesses will need to partner with big companies that already boast large customer bases for a better chance of success, wealth giant AMP says.Craig Meller, chief executive of AMP, said it was unlikely a large “disruptor” would swoop into the Australian financial services sector and shake up the […]

By Cameron Dart | Banking . FinTech . Investing

Finance disrupters still rely on big banks, but bitcoin may replace

Start-ups, telecommunications giants, supermarkets and postal services are all getting into banking, but they concede they are not really disrupting big lenders or dominant card networks because most have to rely on banks or Visa and MasterCard to provide financial services. Source: Finance disrupters still rely on big banks, but bitcoin may replace

By Cameron Dart | Banking . FinTech . Payments

Fintech start-ups become hot property | The Courier-Mail

Hundreds of millions of dollars in funding await local financial technology start-ups as the largest banks, insurers and wealth management institutions jostle for pole position, in fear of missing out on the “next big thing”, experts say. “When companies look at tipping funds into fintech start-ups, talks of $50 million-plus are common as opposed to […]

By Cameron Dart | FinTech . Venture Capital

Banks look vulnerable as lucrative loans market gets personal online

Mike Israel is at the forefront of a trend that some reckon could disrupt the very lucrative business of lending money to consumers and businesses. An information technology worker in his 50s, Israel is one of a growing number of people pocketing a piece of the major banks’ healthy profits, by lending their savings directly […]

By Cameron Dart | Banking . Borrowing . FinTech . Investing . Peer-to-Peer

Tyro says Stone and Chalk needs competition

Tyro chief Jost Stollman, says another fintech hub, independent of bank-backed Stone and Chalk, is needed to ensure new bank rivals don’t remain “rounding errors”.Mr Stollman has dubbed Sydney’s Clarence Street “Fintech Alley” since he opened Tyro’s FinTechHub at 155 on Wednesday, just down the way from bank-backed hub Stone and Chalk at number 45 […]

By Cameron Dart | Banking . FinTech . Sydney FinTech

High time to find out what you’re missing out on

If you’re being ripped off by banks and other financial institutions a new website,, will tell you even though you may have suspected nothing.It threatens to do to comparison websites, which are being reviewed by the Australian Competition and Consumer Commission (ACCC), what Uber is doing to taxis. Source: High time to find out […]

By Cameron Dart | Banking . FinTech . Robo-Advice

Coinjar to reveal Bitcoin volatility salve

Australian bitcoin exchange Coinjar will unveil plans to fix the value of the highly volatile cryptocurrency for its clients and offer conversion to a range of different currencies at a financial technology conference in London on Tuesday as it moves to compete with remittance providers. From late Tuesday, Coinjar joins a number of other bitcoin […]

By Cameron Dart | Currency . FinTech . Payments
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