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Tyro pauses trading amid EFTPOS outage

Tyro has paused its share trading after being singled out as the “most unreliable and technologically inferior fintech... Read more

Xinja pay facilities go offline

The neobank's debit card and pay facilities have come offline following its decision to exit the banking industry. ... Read more

Centralised data could transform advice

Advice licensees have come to a consensus on the need for a centralised data source for the industry that would allow pr... Read more

Product design reforms forcing super pivot: Skyjed

ASIC’s new design and distribution obligations will place pressure on super funds to shift their strategies and leader... Read more

Praemium records $1.1bn inflows

Praemium saw a 128 per cent increase in inflows through December as it realised the scale benefits of its Powerwrap acqu... Read more

Wealth tech gains Macquarie Wrap, HUB24 founders

The founder of Macquarie Wrap will join advice technology provider WealthO2 as its new chairman, while the co-founder of... Read more

ASIC takes fintech to court

The corporate regulator has commenced civil penalty proceedings against a superannuation-focused fintech over alleged ma... Read more

Tech group retracts Link takeover bid

A US-listed technology company has withdrawn its bid for the Australian super administration group after its board said ... Read more

American Express teams with Brisbane fintech

Brisbane-based mobile payments platform Sniip has partnered with the US giant, with the collaboration expected to grow i... Read more

Wealth fintechs hamstrung by growth challenges

Growth in the wealth sector of fintech is stagnating due to profitability and scale challenges faced by “wealth-tech... Read more

Data control key to conquering open banking era

The opening up of data under the open banking regime will generate a more competitive landscape for fintechs and growth ... Read more

Australia needs talent for fintech: Morrison

Prime Minister Scott Morrison has signalled that Australia will welcome skilled workers to further develop its fintech i... Read more

Elixir managing director joins start-up

Financial advice software as a service (SaaS) company Lumiant has announced the appointment of Sue Viskovic to its board... Read more

Link dismisses US group’s acquisition offer

The fund administrator’s board has signalled the named price for an acquisition offer from a US tech company is not hi... Read more

ASIC takes iSignthis to court

ASIC is taking embattled fintech iSignthis and its chief executive John Karantzis to court over sweeping breaches of dis... Read more

Market infrastructure provider acquires reporting platform

DTCC, market infrastructure for financial services, has acquired Publicis Sapient’s platform for compliance management... Read more

Douugh, humm consider joint US venture

Neobank Douugh and buy now, pay later vendor humm have entered into a non-binding memorandum of understanding (MoU) to e... Read more

86 400 partners with data analytics firm

The neobank has teamed up with a data aggregation platform to allow its customers to view all their accounts in one plac... Read more

Cashwerkz keeps quiet on UBS acquisition talk

Platform provider Cashwerkz has neither confirmed nor denied speculation of it teaming up with a boutique to make a bid ... Read more

Wealth platform launches

A new wealth management platform has rolled out, promising to give consumers low cost access to money coaches, mortgage ... Read more

Midwinter inks deal with advice licensee

The software group will roll out a new compliance offering to more than 100 advisers after securing a deal with a listed... Read more

Japanese crowdfunder partners with marketplace lender

Crowd Bank, a Japanese crowdfunding platform, has entered into the Australian market after becoming an investor in marke... Read more

TransferWise secures restricted banking licence

Global payments company TransferWise has become the first company in more than 10 years to be granted a Purchased Payme... Read more

Major cyber breach in finance inevitable: APRA

To date, no APRA-regulated bank, insurer or superannuation fund has suffered a substantial cyber attack, but APRA execut... Read more

Finance compliance culture dampening innovation

An obsessive focus on compliance following the royal commission is causing executives at financial institutions to take ... Read more

Praemium reveals director re-election error

The investment platform has appointed the former chairman of Powerwrap to its board while revealing an “administrati... Read more

Hostplus transitions service centre to Link

Hostplus has signed a new agreement which will see a service centre for the fund established under data administrator Li... Read more

Lumiant opens capital raise

Australian advice software-as-a-service platform Lumiant has opened a capital raise aiming to gather up to $1.5 million,... Read more

Irish fintech expands to Australia

Irish SME finance platform Swoop has entered the Australian market, having appointed a new chief to lead the local ventu... Read more

FinTech Australia teams with Newcastle Permanent

The industry body has signed on customer-owned financial institution, Newcastle Permanent, as a partner. ... Read more

NAB teams with fintech lender

The big four bank has partnered with Lighter Capital, a fintech lender that supports early stage start-ups. ... Read more

ANZ backs data analytics fintech

The major bank has made a strategic investment in a fintech to provide SMEs with data-driven insights into their cash fl... Read more

Crypto spruiker charged

A former promoter for collapsed cryptocurrency platform BitConnect Australia has been charged following an ASIC investig... Read more

Tech will make or break advice, body tips

Half of all financial advisers believe businesses using outdated technology will not survive and that COVID-19 has widen... Read more

Revolut launches commodities exchange

UK neobank Revolut has rolled out its commodities feature to the Australian market, allowing users to purchase or sell p... Read more

Raiz names chair

Raiz Invest has appointed a digital marketing specialist with multinational board and governance experience as its new c... Read more

Newcomer trading platforms to spur ETF growth

The entry of trading platforms such as Superhero in the Australian market is expected to further fuel the growth of the ... Read more

Finspo launches broking arm

Australian fintech Finspo has launched a mortgage broking capability and appointed a chief lending officer to lead the s... Read more

Buy now, pay later surges as credit cards stagnate

The buy now, pay later segment has continued to soar, almost doubling the amount of credit it extended in the 2018-19 fi... Read more

OneVue execs step down

The listed investment platform provider has transitioned to Iress ownership following court approval of its acquisition... Read more

Fintech committee calls for industry submissions

The Senate select committee on financial technology and regulatory technology is collecting further evidence before it t... Read more

Cloudy rules slowing open banking, industry says

Although the vast majority of banks, lenders, fintechs and technology providers are expecting to gain access to data und... Read more

RBA partners with industry for digital currency review

The Reserve Bank has teamed with CBA, NAB and Perpetual, as well as blockchain technology provider ConsenSys Software to... Read more

HUB24 buys Xplore

The listed platform group has announced it will sell its advice licensee for $4 million and acquire a managed accounts p... Read more

Bell Direct nabs former CommSec One managers

Online trading platform Bell Direct has made two new hires from CommSec One as it looks to expand its client offering. ... Read more

Rice Warner hires fintech lead

Financial services consultant and actuary Rice Warner has extended its in-house expertise on financial technology, with ... Read more

Domacom to acquire dairy company

Fractional property investment platform DomaCom has signalled that it will enter into an agreement to acquire dairy pr... Read more

Wisr upsizes funding facility to $250m

Wisr has increased its warehouse loan funding facility to $250 million, reporting accelerating loan originations growth ... Read more

Fintechs push through pandemic

Australia’s fintech industry has continued to grow through COVID-19, but headwinds loom for many fledgling companies. ... Read more

Westpac exits Zip following Afterpay partnership

Westpac has sold its 10.7 per cent stake in Zip Co, after teaming up with buy now, pay later rival Afterpay. ... Read more

Stropro hires former Citi wealth exec

Wealth platform Stropro has announced the appointment of Citi’s former head of banking and wealth management distribut... Read more

When will Afterpay's founders pass the torch?

While Afterpay is still green behind the ears, co-founder Anthony Eisen is already thinking about how he’ll manage suc... Read more

Roboadvice fears preventing low-cost advice: fintech

Providing affordable, scaled advice will only be possible if advice practices overcome the myths around automation and i... Read more

FinTech Australia picks chair, board directors

The founder and chief of Paypa Plane has been named as the new chair of FinTech Australia, while an Afterpay regulatory ... Read more

Bendigo Bank partners with Tyro

Bendigo Bank has signed ASX-listed fintech Tyro Payments as its exclusive merchant acquiring partner for its business ba... Read more

Roboadvice algorithms could face tougher standards

The assistant minister for fintech and financial services has said the government is weighing up whether regulators sho... Read more

Advice clients want data-driven service

A new report has forecast consumers will increasingly expect advice businesses to personalise their service based on the... Read more

Wisr records 47% loan growth

The fintech lender has seen a sharp increase in lending volumes over the first quarter of the 2021 financial year. ... Read more

Open banking could overhaul lending: ME Bank

Open banking could make borrowers less “sticky” and more willing to switch lenders, meaning organisations may have t... Read more

Fintechs embrace $2bn R&D spend

The fintech sector has largely welcomed the government’s pivot away from its previous proposed cuts to the R&D tax... Read more

Powerwrap CEO departs as Praemium takes over

The boss of the high-net-worth platform will step down from his role following the company’s acquisition by a listed m... Read more

Finstro joins SME Guarantee Scheme

Specialist SME business payments provider Finstro has been made an approved lender in the federal government’s second ... Read more

Volatility tipped to push tech outperformance further

Investors should not be afraid to overpay for tech-focused names that are likely to continue to dominate the global shar... Read more

Netwealth FUM rises

The platform provider saw funds invested in its managed accounts climb in the year to September, despite the volatility ... Read more

Fintechs welcome axed responsible lending laws

Fintechs operating in lending have largely embraced the move by the government to ease its responsible lending criteria,... Read more

Finance sector has 'too much influence' on Liberal party

Senator Andrew Bragg has said the Liberal Party was wrong for initially voting against a number of reforms in the financ... Read more

Institutional investors expected to raise crypto exposure

A new survey has found around 90 per cent of institutional investors believe pension funds, insurers, family offices and... Read more

Finance industry forecast to top bot automation

The banking and financial services industry has been predicted to be the most likely to embrace robotic process automati... Read more

Afterpay CFO to depart

The buy now pay later giant's chief financial officer will step down after three years with the group, as it makes a sle... Read more

Advice software providers launch merged platform

Wealth software providers Brokerpad and Optimo Financial have rolled out an integrated platform for financial advisers. ... Read more

Majority of licensees on the hook for cyber breaches

A majority of advice firms may be falling victim to cyber security attacks similar to the incident that drove ASIC to ... Read more

Lumi targets $20m raise for expansion

The fintech lender has signalled plans to raise $20 million in capital for doubling its team and market footprint over t... Read more

APAC prone to higher cyber attacks, network finds

The Asia-Pacific region has seen the highest cyber attack rates during the first half of the year, according to a new re... Read more

Findex, Pauda form strategic partnership

Fintech Padua and financial services and advisory firm Findex have announced a new strategic partnership. ... Read more

Domacom flags $3.6m capital raise

Fractional property investment platform DomaCom has announced a $3.6 million capital raising to fund the acquisition of ... Read more

Netwealth buys stake in fintech provider, eyes expansion

Netwealth has entered a partnership with specialist fintech data solutions provider Xeppo, with plans to expand its tech... Read more

Mastercard launches central bank digital currencies testing platform

The payments giant has rolled out a proprietary virtual testing environment for central banks to assess digital currenci... Read more

Slowed mergers, private equity drag fintech investment

A fall in mergers and acquisitions and private equity activity in Australian fintechs has driven total investment to fal... Read more

Milestone appoints APAC MD

Global investment fintech Milestone Group has picked a former JP Morgan head of product to be its new managing director ... Read more

Intertrust expands into Aus trustee services

Global corporate and fund tech solution provider Intertrust Group has broadened its Australian offering to include regul... Read more

Iress appoints product chief

Iress has named its new chief product officer, who has joined from a US AI platform provider. ... Read more

Ignition Advice teams with Avaloq

Digital platform Ignition Advice has partnered with global financial services technology provider Avaloq to expand into ... Read more

Fintechs applaud government inquiry rejecting screen scraping ban

Investment app Raiz has celebrated the fintech Senate committee railing against a ban on screen scraping, as a victory i... Read more

Revolut launches cryptocurrency exchange

The neobank has rolled out a cryptocurrency offering, allowing its customers to buy up to six different cryptocurrencies... Read more

Fintech committee targets regulators on competition

The financial regulators have been labelled as “fragmented and unclear” in their approach to policing competition in... Read more

Cryptocurrency spruiker cops seven-year ban

The corporate regulator has banned a sales representative of an online cryptocurrency platform from financial services f... Read more

Over 1 million Aussies invest online

Australia’s online investor population has passed one million whilst changing trends in investor behaviour are being s... Read more

BT flags platform migration for 150,000 advice clients

BT will look to migrate around $50 billion worth of client funds from its legacy platform BT Wrap to new-generation offe... Read more

Raiz appoints Australia CEO

Raiz has appointed a new Australia CEO and shuffled its leadership team as it prepares for global growth. ... Read more

Afterpay makes Europe play

The buy now, pay later (BNPL) giant will accelerate the European rollout of its Clearpay-branded platform with the acqui... Read more

Cashwerkz launches funds incubator, bonds business

Cashwerkz has entered a new business venture, creating a funds incubator to aid fresh fund managers entering the market,... Read more

Link earnings dragged by virus volatility, superannuation hurdles

Link Group copped a net loss of $114 million for the full year, with the fund administration company pointing to impacts... Read more

Samsung teams with Bankwest as digital payments rise

The electronics giant has reported growing demand for digital payment solutions as it has partnered with Bankwest, allow... Read more

Bravura sees earnings surge

The acquisition of financial planning technology group Midwinter helped the wealth management software provider boost it... Read more

ASIC ‘excited’ by regtech solutions in responsible lending

Regtech solutions that help lenders and brokers more efficiently assess credit files and risk profiles have “the poten... Read more

Open banking will not drive major bank exodus: BankVic

The open banking regime is unlikely to spark customer movement away from the major banks into smaller banks and fintec... Read more

Iress sees profits fall

Iress saw a 14 per cent drop in net profit after tax despite strong underlying performance and its expansion across the ... Read more

Platforms consolidate gains as advisers switch

As advisers continue to migrate to ‘new generation’ platforms, two of the major providers in the market have provide... Read more

Retail wave drives Aussie investors to a million

Australia’s investor population has soared by almost 50 per cent despite ASIC warning the wave of rookie investors sta... Read more

eftpos rolls out digital payments offering

Australian debit card system eftpos has launched a new digital payment solution for businesses, now offering a digital p... Read more

Revolut gears up for Aus growth

The neobank has ended its beta stage and rolled out its app to the broader Australian market, with plans to give custome... Read more

RateSetter rebrands to ‘Plenti’

The non-bank lender has changed its name to reflect its future ambitions in the credit space. ... Read more

Digital advice driving cost cuts for planners

Advisers are lowering their prices to compete with automated investment offerings as their clients increasingly look to ... Read more

Brokers call for permanent adoption of digital mortgage process

Tech-driven changes to the mortgage application process in response to the COVID-19 crisis should be made permanent, acc... Read more

MyState launches digital money management tool

The non-major bank has introduced AI-driven digital banking services that are built into customers’ everyday transacti... Read more

OneVue takes China-Taiping to court

Listed platform provider OneVue has confirmed it is taking Chinese financial services group China-Taiping to court after... Read more

Iress boosts leadership team

Iress has appointed the CEO of research house Investment Trends to the newly created role of chief commercial officer. ... Read more

Neobank gains AFSL

Australian firm DayTek Capital has signalled it is closer to rolling out its new digital bank on the market, having secu... Read more

Link CEO to retire

Link Group has indicated its managing director and chief is set to retire early next year, with the QBE boss to take his... Read more

Women in Finance Awards 2020: Fintech Leader of the Year nominees to be revealed

Fintech Business, in partnership with Mortgage Choice, is pleased to announce the finalists for the Fintech Leader of th... Read more

One-man bands still a slave to paper

Many single adviser practices are still managing their business and compliance processes through paper-based spreadsheet... Read more

Prospa reports improved demand from SMEs

The non-bank lender’s FY20 results revealed that loan originations saw an uplift in June, following a quiet few months... Read more

Xinja partners with cloud services provider

The neobank has partnered with a cloud services provider to manage its API connectivity when it launches its forthcoming... Read more

CBA fintech launches app for first-time SMEs

A CBA-owned fintech has launched an app for SMEs to start their business, along with a cash incentive for SMEs that laun... Read more

Wisr reports 92% surge in loan originations

A spike in loan originations has contributed to an 18 per cent increase in the fintech’s operating revenue, its latest... Read more

Crypto fintech teams with Mastercard

Mastercard has expanded its cryptocurrency program, having signed the first crypto-native platform to be granted a membe... Read more

Financial services lag on adapting to COVID-19

Financial services businesses have been slower than other industries to adopt technology as a result of the COVID-19 pan... Read more

Onevue delays completion date of Iress sale

OneVue has put back the completion of the sale of its business to advice technology giant Iress as it works to get all r... Read more

HUB24 FUA up by a third

HUB24 recorded a 34 per cent rise in funds under administration during the financial year from the year prior, to $17.2 ... Read more

Xinja to launch trading platform

The neobank is set to launch a US share trading platform for Australian investors. ... Read more

FinTech Aus partners with Amazon, Visa

The peak fintech industry body has signed on Amazon Web Services and Visa as corporate partners. ... Read more

Data bias, risks inherent in banking AI

While the majority of banking executives believe AI will separate winning banks from “losers”, new research has show... Read more

COVID heightening bank vulnerability to cyber attack

The “large-scale shift” to digital banking and remote work off the back of the COVID-19 crisis has heightened the ba... Read more

Clients prefer online advice

Almost two-thirds of consumers favour taking the adviser relationship entirely online, according to new research from KP... Read more

ANZ launches eSign tool

The major bank has announced that it is introducing a new digital signature and document execution process, effective 27... Read more

Platform provider updates fee functionality

A major platform provider has made changes to its functionality to make it easier for advisers to manage incoming change... Read more

86 400 maps next steps

The neobank has signalled it will be entering its next phase of growth, with plans to expand into new segments such as s... Read more

Afterpay soars on COVID boost

Afterpay has reported surging growth and record global sales performance as its share price continues to stage a massive... Read more

Dealer groups limiting advice tech progress

Adviser dealer groups are hampering the ability of financial planning technology to make breakthroughs in the sector by ... Read more

Flexigroup appoints former NAB exec

Flexigroup has appointed the former customer executive of NAB Private as its new chief financial officer. ... Read more

Praemium makes bid for Powerwrap

A listed managed accounts group has made an off-market takeover bid of over $55 million for an adviser platform provid... Read more

Iress product executive to step down

Platform provider Iress has said its group head for product will step down from his executive responsibilities in August... Read more

Government told fintech should be a ‘national focus’

An industry body has said developing local technology and building up the sector’s access to capital should be a focal... Read more

Fintech dragging advice affordability, industry body says

An advice industry body has pointed to a lack of integration between financial technology systems and a pile on of compl... Read more

Fintech launches AI-powered mortgage platform

A new fintech has launched an AI-backed digital platform for mortgage brokers. ... Read more

Open banking benefits reduced under current rules, warns fintech

Fintech company Moneytree is urging the ACCC and Treasury to “reconsider” the draft rules around consumer data right... Read more

Inaugural loan approved through CDR regime

A NAB-backed fintech has helped facilitate the first loan approval under the new open banking regime. ... Read more

UK-Australia passport to boost financial services

The first free trade agreement negotiated between Australia and the UK in over 40 years could see the creation of a pass... Read more

Mastercard buys Finicity in open banking play

The payments giant has entered into an agreement to acquire financial data provider Finicity for US$825 million ($1.2 bi... Read more

ACCC consults on new intermediary CDR rules

The competition watchdog is consulting on draft rules that enable authorised third parties with “unrestricted” acces... Read more

COVID-19 sees banking code watered down

The peak body for the banking industry has inserted a number of changes to its code of practice to extend expected consu... Read more

Open banking tipped to shape investment

The chief of an investment bank has said open banking will see client expectations evolve, ahead of the regime’s launc... Read more

Trading platform records 360% rise in new accounts

Big four bank-owned retail investing platform nabtrade saw new applications more than triple during the last three month... Read more

Payments fintech triples valuation to $8bn

Payment solution provider Checkout.com has tripled its valuation to US$5.5 billion ($8 billion), having declared a US$15... Read more

Fintech partners with Mastercard

An ASX-listed fintech has signed a five-year agreement with payments giant Mastercard, to accelerate the adoption of its... Read more

Australia still trails world on robo-advice

Australia lags behind other countries on robo-advice but women investors are driving increased uptake around the world... Read more

Government urged to enable digital mortgage process

A coalition of associations has called on government to make permanent the temporary rules that allow lenders to process... Read more

Over half of super members want digital advice

Two-thirds (66 per cent) of Aussies want to hear more from their super fund about their investments and protecting their... Read more

Advice group completes wealth tech acquisition

A listed dealer group has completed its purchase of an advice technology business from a super research firm. ... Read more

Melbourne fintech launches lending platform

A Melbourne-based fintech company has launched a new online home loan application platform aimed at minimising friction ... Read more

AOFM green lights Prospa backing

The Australian Office of Financial Management has approved a maximum investment of $90 million into online business lend... Read more

86 400 partners with Zip Co

The two tech-driven financial services have announced their new partnership, noting their “shared mission” in making... Read more

Financial firms struggling to assess technology risks: report

The majority of financial firms’ risk managers in Australia don’t believe they can adequately assess the risk of dis... Read more

COVID-19 supercharges bank disruption

The banking sector is set for sweeping change as new technologies – and regulations – change how banks do business. ... Read more

CBA buckles down on abusive messages in transactions

CBA has updated its policy around its digital banking platform, with customers caught sending abusive messages to others... Read more

Chant West parent casts off wealth tech provider

Chant West Holdings, the parent company of the superannuation research hub, has signed off on the $1.5 million sale of i... Read more

Fintech regulatory sandbox finalised

The government has announced that it has now finalised its “enhanced” regulatory sandbox, allowing fintechs to test ... Read more

ACCC launches open banking portal

The ACCC has travelled one step further towards rolling out open banking in July, having debuted a platform allowing ban... Read more

Multinational payments processor buys Aus fintech

Global payment solution provider Checkout.com has acquired Australian start-up Pin Payments, as part of a move to expand... Read more

ME Bank director to step down, becomes Afterpay chair

A director of ME Bank will be giving up her seat on the board, having already become the chair of Afterpay. ... Read more

Advice technology provider acquires listed platform group

Australia’s biggest provider of financial advice technology has announced it will acquire a major listed platform prov... Read more

Chinese financier stakes claim on Madison sale

Platform provider OneVue has conceded that a recent claim from a Chinese creditor regarding the collapse of Sargon could... Read more

WealthO2 hires CTO

An advice technology provider has appointed a new chief technology officer as it doubles down on technology investment a... Read more

ING welcomes digital signatures

The non-major bank has announced that digital signatures acquired through legitimate e-signature platforms will now be a... Read more

Payments network backs third-party write access

New Payments Platform Australia has signalled it will allow customers to authorise third parties to initiate real-time a... Read more

Neobank delays loan rollout due to COVID-19

Volt Bank is delaying the launch of its loan products to ensure its foray into lending is done “in a very prudent way... Read more

We need to tackle VOI standardisation: Connective

Remote verification of identity processes need to be maintained and standardised following the COVID-19 lockdown, the ex... Read more

Powerwrap inks deal with alternative investment group

A major platform provider has secured a five-year deal with a US-based alternative investment group, that will see it di... Read more

COVID-19 shake-up to last for financial services

Dampened interest rates and a surge in demand for digital services and corporate accountability have been listed among t... Read more

CBA signs deal with Slyp

Digital receipts provider Slyp has claimed to be the first independent fintech to have the backing of all big four banks... Read more

Will bitcoin see another monster rally?

The supply of bitcoin is set to halve, opening up the possibility of a repeat of the massive rally seen in 2016. ... Read more

Lendi CEO ‘disappointed’ by BID delay

The CEO of online broking platform Lendi has said that he is “disappointed” at the delay of the implementation of th... Read more

LoanDolphin merges with Joust

Brokers and lenders will be able to bid on more loans being put up for reverse auction after LoanDolphin and Joust merge... Read more

TradeFloor buys CCUBE

A fintech providing derivates risk management software has finalised the acquisition of an ailing advice technology prov... Read more

Fintech names president, COO

A platform provider has filled its newly created position of president and chief operating officer. ... Read more

Fintech minister places target on capital

The government will be looking at ways to boost private sector investment in the fintech and regtech industry, the assis... Read more

Xinja feels pandemic pinch

Xinja has been forced to lower interest rates across its savings accounts to keep up with the RBA’s unprecedented poli... Read more

Chinese tech giant buys stake in Aussie fintech

A Chinese tech conglomerate has become a substantial holder in one of Australia’s most famous fintechs. ... Read more

Sargon finds buyer for super entities

A newly formed entity has purchased a number of superannuation entities from the embattled fintech. ... Read more

Netwealth inks responsible entity deal

A listed wealth management provider has launched a new responsible entity solution for advice groups wishing to implemen... Read more

Refinitiv partners with boutique wealth manager

Refinitiv has partnered with a boutique private wealth firm to provide a customised open data platform, aiming to delive... Read more

Fintech inquiry to report back in 2021

The Senate’s inquiry into the fintech industry has been extended for six months, with the probe set to wrap up in Apri... Read more

Gateway partners with cloud software provider

The non-major lender has partnered with a cloud-based software solutions provider to offer brokers a loan origination pl... Read more

New AI banking solution rolled out to accelerate SME finance

Swiss software company Temenos has launched a range of new artificial intelligence models aimed at helping lenders onboa... Read more

Aus fintechs team up to launch investment platform

Three fintechs have joined forces to develop a wealth platform for the Australian market, with a former Citi banker havi... Read more

Fintechs left behind by stimulus

The government’s one-size-fits-all stimulus packages have done little for Australia’s struggling fintechs. ... Read more

Fintech group buys ailing advice technology firm

A fintech company has purchased the intellectual property of an advice technology firm that was put into administration ... Read more

Lumi launches new line of credit product

Fintech lender Lumi has released a new line of credit product after becoming the latest non-bank lender to be appointed ... Read more

Licensees, wealth platforms bid for standardised fee consent approach

Licensees and platform providers have teamed up to define an industry standard approach for managing new requirements un... Read more

Lenders urged to discard ‘high-risk’ processing methods

The current crisis should be used as an opportunity for lenders to overhaul their processing platforms and embrace new t... Read more

COVID-19 tipped to accelerate digital currency uptake

Concerns around physical contact and cash during the coronavirus pandemic may boost digital currency adoption in the nex... Read more

Libra crypto gets revamp

A global cryptocurrency from one of the world’s largest software companies has undergone sweeping changes after drawin... Read more

Investment platform records over double trading volume amid crisis

Platform provider Xplore Wealth saw roughly two to three times its normal level of trading in March, as investment manag... Read more

Aussie fintech closes $252 million funding round

A payments fintech has closed a $252 million raise, with plans to put the funds to work in accelerating worldwide growt... Read more

Brokers alerted to online scams

Brokers are being urged to be wary of scam emails claiming to be from regulators or lenders during the COVID-19 pandemic... Read more

Asset finance surging amid COVID-19

A fintech platform has revealed that demand for asset finance from some business industries has doubled amid the social ... Read more

Finance sector’s crime compliance bill nears $300bn

A new report has projected the total cost of financial crime compliance globally now amounts to $282 billion (US$180.9 b... Read more

Digital wallet use soars amid COVID-19 restrictions

Digital wallet transactions have hit record numbers amid the coronavirus outbreak as users move away from cash transacti... Read more

Finance software provider appoints non-executive director

The new non-executive director is an industry veteran who has served in senior roles at American Express, AXA, and AMP. ... Read more

APRA decision will ‘stifle innovation’

APRA’s decision to suspend issuing licences could bleed Australia’s fintech industry of money and jobs. ... Read more

OneVue lays claim on Sargon trustee sale

Superannuation technology provider OneVue has called out for its share in the sale of its previously owned trustee busin... Read more

Aussie neobank secures $34m cash injection

An Australian neobank has completed a series A round, having raised $34 million to accelerate its product development. ... Read more

Finance falling behind on cybercrime

Finance is constantly under threat from data breaches and new forms of cybercrime, but many institutions are still faili... Read more

Investment platform hires CEO

An investment platform has appointed a former UBS fixed income head as its new chief executive. ... Read more

COVID-19 will have ‘dramatic effect’ on mortgage process

The rapid move to support digital mortgages amid the coronavirus pandemic “will have a dramatic effect” on how peopl... Read more

Advice technology provider in administration

An up and coming financial advice technology provider has entered voluntary administration following a capital raising b... Read more

COVID-19 business confidence survey launches

A new monthly business confidence survey has launched today seeking to uncover the impacts of COVID-19 on Australian bus... Read more

Start-ups call for lifeline

Tech sector lobbying body Australian Innovation Collective has made submission to the government urging for support for ... Read more

Fintech committee dumps deadline, reopens submissions

The government’s fintech committee has abandoned its original timeline for its inquiry and final report due to the cor... Read more

Quarter of lenders could exit market by 2025

According to a data analysis agency, one in four ADIs could exit the market within the next five years, as unemployment ... Read more

Tech provider launches COVID-19 support hub

An advice technology provider has launched a new support hub for advisers giving guidance on how to effectively use tech... Read more

Aussie neobank secures $443m cash splash

One of Australia’s underdog neobanks has received $443 million in funding from a global banking industry investor. ... Read more

Industry body urges for tax boost alongside coronavirus stimulus

The peak industry body for fintechs has pushed for the government to broaden the R&D tax incentive, following the un... Read more

Watchdog ditches 2020 agenda, zeroes in on coronavirus

The prudential regulator has halted the majority of its planned policy and supervision initiatives in response to the im... Read more

Coronavirus sees more financial advisers going digital

An online wealth management platform has seen users double as the coronavirus forces more and more advisers to go into l... Read more

New fintech enters home-lending space

A Melbourne-based fintech has partnered with a bank to launch new mortgage offerings processed via its digital platform.... Read more

Wealth management group inks deal with platform provider

A wealth management group will migrate over $1 billion in client funds from its current in-house platform to an independ... Read more

Wealth firm launches 'contactless' service

A global wealth management firm has launched a ‘contactless advice’ service offering clients remote consultations, r... Read more

Platform provider pushes blockchain approach for advice fee consents

A financial technology provider has called for an industry standardised approach based on blockchain, responding to new ... Read more

AI market tipped to grow 500% in five years

A new study has estimated the global artificial intelligence software market will increase in size by five times to reac... Read more

Former investment manager MD fronting fintech

An Australian fintech has named an ex-managing director of an investment banking giant as its new boss. ... Read more

Banks playing 'catch-up' on data

Incumbent banks need to leverage data technology to improve product innovations and stay ahead of upstart challengers, a... Read more

Trading platform makes senior appointment

An online trading platform has made a senior appointment as the platform sees strong growth among the financial adviser ... Read more

Fintech launches end-to-end platform for financial advisers

Fintech InvestCloud has rolled out InvestCloud White, a platform designed to be a complete solution for independent fina... Read more

Automation to sting half of bank workers

Almost half of all bank workers and a similar number of financial brokers face the threat of losing their jobs to techno... Read more

iPartners rolls out US housing investment offer

Alternative assets investment fintech iPartners has launched a US student housing opportunity on its platform, the first... Read more

Online female investors hit high

More Australian women are investing online than ever, with new research capturing their investment behaviour and how fin... Read more

Xinja freezes new savings accounts following rate cut

Xinja has ceased the roll-out of its new savings account as record low rates weigh on its business. ... Read more

Adviser warns robo-advice has limits

Using digital advice tools can be an effective way for advisers to scale their business, but only if they are clear abo... Read more

Financial institutions boosting resources for ‘mass data clean-up’

There has been a rise in demand for data remediation experts in the financial services sector post-royal commission, a... Read more

Raiz dumps Sargon corporate trustee

The board of Raiz has cast off Sargon Capital-owned corporate trust business, Australian Executors Trustee, telling shar... Read more

ASIC, ACCC give screen scraping go-ahead

The regulators have told the fintech Senate committee they do not feel a need to block firms from accessing banking data... Read more

Volt makes grab for Cotton On customers

Volt has teamed up with the Cotton On Group to encourage staff and customers to sign up to the neobank through a savings... Read more

Sargon secures buyer for trustee, NZ operations

Troubled fintech group Sargon Capital has entered a sale agreement for its eight companies under administration. ... Read more

Big four ‘entrenched oligopoly’ blocking NPP access: Xinja

Xinja has slammed the New Payments Platform (NPP), saying the infrastructure primarily owned by the major banks has prov... Read more

Class Limited expands leadership team

Class Limited has appointed a new chief technology officer in the form of tech and finance veteran Alexis Rouch. ... Read more

Eftpos outlines digital identity strategy

Australian electronic payments provider Eftpos has revealed that it will push into the local digital identity market wit... Read more

TransferWise, Archa heads join FinTech Australia board

FinTech Australia has made two board appointments, alongside relocating its operations into two new co-working spaces. ... Read more

iSignthis joins forces with NSX

iSignthis has taken a strategic investment in upstart exchange NSX and announced a new joint venture in the hopes of cre... Read more

ASX launches tech index

The Australian version of the NASDAQ has gone live, with technology minister Karen Andrews anticipating the new index wi... Read more

Minister tips fintech to boost SMSFs

Assistant minister for superannuation, financial services and financial technology Jane Hume has heralded fintechs as ho... Read more

OneVue peddles Sargon’s Sequoia stake, Madison next

Superannuation technology services provider OneVue has managed to recoup $4.36 million from casting off Sargon Capital... Read more

Morgan Stanley to buy E*TRADE

Morgan Stanley has pushed into retail in the largest Wall Street acquisition since the GFC. ... Read more

Bendigo Bank launches $300m raise

Up has reported an influx of more than 165,000 customers for the half year ending in December, while parent company Bend... Read more

Government loosens fintech licensing requirements

The Australian parliament has passed laws allowing fintechs to test new products and services for two years without obta... Read more

Cashwerkz partners with HUB24 on adviser tools

Cashwerkz has partnered with HUB24’s Agility Applications to develop an app for streamlining the management of At Call... Read more

AI to bulldoze finance jobs: ISACA

New research has shown 54 per cent of IT professionals believe artificial intelligence will eliminate finance jobs over... Read more

Consumer peer-to-peer loans on the rise

Peer-to-peer (P2P) lending platforms are beginning to challenge bank loans, with their simplicity and accessibility appe... Read more

SocietyOne announces warehouse facility, weighs IPO

With originations climbing to almost $1 billion, consumer marketplace lender SocietyOne has established a new warehouse ... Read more

FinTech Australia teams up with Geneva Fintech

The peak Australian and Swiss fintech industry bodies have signed an agreement to help drive increased collaboration as ... Read more

Braintree lead becomes Monoova head of growth

Payments provider Monoova has hired PayPal service Braintree’s former APAC boss as its new head of growth, with plans ... Read more

Fintech lending to hit $390b value

Demand for alternative lending is on the rise and fintech lenders are snapping up market share from their big bank compe... Read more

Consumer data right rules kick in

The consumer data right (CDR) rules have come into effect, marking a milestone in the progress of Australia’s open ban... Read more

Sargon appoints administrators, Onevue nabs assets

Superannuation services fintech OneVue has taken control of Sargon Capital’s financial advice dealership Madison Finan... Read more

RAIZ blasts CBA fintechs

Raiz has taken the Commonwealth Bank to task over its X15 Venture, saying that open banking laws will give the bank’s ... Read more

CBA launches start-up incubator

CBA has unveiled X15 Ventures, a new technology-building entity, setting its sights on launching at least 25 businesses ... Read more

Klarna makes Aus debut, CBA invests $298.7m

CBA has teamed up with Swiss buy now pay later (BNPL) provider Klarna to launch its Australian arm, giving the fintech a... Read more

Buy now, pay later conduct code launched

Buy now, pay later (BNPL) service providers including Afterpay and Zip have signed up to a new code aiming to form safeg... Read more

EML and Mastercard partner on payments

EML has signed a partnership agreement with Mastercard and CleverCards to issue and process a new mobile gift card acros... Read more

Open banking maintains big four domination, crushes newcomers: Raiz

Investment app Raiz Invest has blasted the open banking regime and pushed for an overhaul of regulatory processes, sayin... Read more

Crypto joins forces to fight bushfire emergency

An alliance of cryptocurrency businesses is helping to support Australians impacted by the recent bushfire crisis. ... Read more

Fintechs corner regulation, major banks’ ‘anti-competitive’ measures

Regulatory hurdles and anti-competitive conduct from the major banks have been cited as commonly faced issues for newcom... Read more

Davos delegates urged to support fintech

World leaders who convened at Davos need to go forward and pledge time and money to fintech, multinational financial ser... Read more

Government launches open banking inquiry

The Morrison government has indicated it will be probing the Consumer Data Right, looking over factors such as third par... Read more

Xinja Bank reaps rewards of new savings account

Xinja Bank has recorded massive inflows in the first week of its new savings account in what the bank is calling a “vo... Read more

Class Limited snaps up compliance fintech

SMSF tech provider Class Limited has acquired a leading corporate compliance and documentation fintech as part of its st... Read more

What’s driving Australian wealth platforms?

Platform providers are quick to showcase their savvy tech credentials and marketing prowess. But what is the engine that... Read more

D2C investing ‘ripe for disruption’: Investment Trends

Australia’s development in the direct-to-consumer investing segment has lagged behind other markets, a research house ... Read more

Neobanks to further shake up industry

Digital banks are set to be on the rise in 2020, according to an industry survey, which has tipped new challengers will ... Read more

RBA eyes Aus cryptocurrency

The Reserve Bank is looking into forming an Australian digital currency that could be used by wholesale market participa... Read more

Ex-NAB payments head leading open banking

The ACCC has hired a former NAB, CBA and Westpac staffer to lead its new separate consumer data right division. ... Read more

Xinja launches savings account

Xinja has rolled out its Stash savings account, claiming the highest ongoing interest rate for similar products in the A... Read more

Wisr secures $33.5 capital raise

Peer-to-peer lender Wisr has closed a $33.5 million raise, with plans to accelerate growth. ... Read more

Volt appoints new adviser, completes equity raise

Neobank Volt has appointed an international banking and cryptocurrency expert as an adviser and closed a multimillion-do... Read more

Fintech lender gives $50,000 to bushfire relief

Specialist SME lender Finstro has donated $50,000 to the Australian Red Cross via the Broker Bushfire Appeal. ... Read more

Wisr first half new loans up 90%

Neo-lender Wisr reported its new loans for the first half of financial year 2020 nearly doubled year-on-year, with total... Read more

VicSuper executive joins InPayTech board

Payment processing provider InPayTech has appointed VicSuper’s executive company director and chief technology officer... Read more

Iress buys blockchain platform

Iress has nabbed blockchain communication platform firm BC Gateways, with goals to expand the data sharing technology ac... Read more

Xplore Wealth appoints distribution manager

Investment platform Xplore Wealth has employed a former HUB24 business development manager to run its distribution netwo... Read more

Saxo, Geely launch Chinese fintech venture

Saxo Bank has teamed up with Geely to establish a financial and regulatory technology provider in China. ... Read more

RBA unconvinced by Facebook cryptocurrency

The libra cryptocurrency could receive a rough reception in Australia, with the RBA calling into question its legality a... Read more

Afterpay eyes US

The Australian buy now, pay later giant confirmed it would be looking at expanding into the US market, following its sub... Read more

Open banking launch pushed to July

Testing for the new open banking regime will not be completed by its original planned date of February, with the ACCC de... Read more

Iress to cash in on evolving advice sector

Morningstar has predicted financial services software provider Iress will be able to escalate its market share from 65 p... Read more

Aussie cyber tipped to soar

Australian cyber security firms are set to grow substantially overseas, a new report has predicted. ... Read more

US AI fintech expands to Australia

New York-based data and information technology company Dataminr has entered the Australian and New Zealand markets, havi... Read more

Data will rule banking: RBA

Data will be of the utmost importance in reshaping the banking landscape, according to the Reserve Bank’s head of fina... Read more

UBank and Basiq partner on open data banking

The UBank app will use machine learning to give customers a more complete breakdown of their finances, with a predictive... Read more

Government announces funding for start-up boom

The Morrison government has announced a grant to start-up generator Antler. ... Read more

Investors want crypto mogul exhumed

Investors are demanding that controversial crypto mogul Gerald Cotten be exhumed after he died with the password to $145... Read more

Mortgage fintech closes $3.7m raise

Mortgage marketplace Funding.com.au has raised $3.7 million in a Series A funding round from local venture capital fund ... Read more

Xero, NAB launch business payments vendor

Xero and NAB have teamed up to establish a payments platform for small businesses. ... Read more

IN1Bank gains restricted ADI license

APRA has given the green light to a digital bank founded by a former BNP Paribas executive, granting a restricted author... Read more

Read this Before Doing Business in Australia in 2020

Promoted by Compare Forex Brokers. ... Read more

Netwealth, IOOF exposed to shakeup: UBS

Investment platform forces such as Netwealth as well as legacy providers including IOOF could be vulnerable to new playe... Read more

Cashwerkz, Complii sign compliance alliance

Cashwerkz has integrated its investment platform with Complii FinTech Solutions, providing a centralised framework to ma... Read more

Australia cracks top 10 in global fintech rankings

Despite falling low on the global charts for internet speed, Australia has been ranked among the top ten centres for fin... Read more

Most Australians unaware of open banking

The vast majority of Australians remain in the dark on open banking, with more than three-quarters (77 per cent) saying ... Read more

Downsides of a cashless society may outweigh positives

As Australia continues moving towards a cashless society, it’s important to be critical. ... Read more

iSignthis takes ASX to court

Payments and identity technology firm iSignthis has downgraded its full year earnings guidance, following its commenceme... Read more

KPMG launches blockchain platform

KPMG in Australia, China and Japan has rolled out a blockchain-based “track and trace” platform to support industrie... Read more

Quantifeed, China CITIC Bank launch robo-adviser

Digital wealth management solution provider Quantifeed has co-developed a robo-investment service with China CITIC Bank ... Read more

Temenos picks Microsoft director to lead region

Banking software multinational Temenos has appointed a former Microsoft digital strategy director to be its new managing... Read more

Aussies fear digital shift will deteriorate children’s finances

New research has found Australian parents are concerned about the impact a cashless society will have on their children,... Read more

SalesPreso integrates with Xplan, launches platform

Data-driven presentation platform Salespreso has leveraged an integration with Iress’ Xplan platform to launch a new s... Read more

TransferWise expands Australian team

Payment vendor TransferWise has appointed a new Australian country manager and chief risk officer, with the company look... Read more

BNP Paribas secures AssetMetrix stake

BNP Paribas Securities Services has taken a strategic stake in fintech AssetMetrix, giving the European investment techn... Read more

Westpac, Microsoft launch data experience platform

Westpac has rolled out a new Microsoft Azure-based platform which draws on data sources from across the bank to deliver ... Read more

Fintech investment tipped to surge in 2020

Banks and governments are poised to significantly boost uptake of fintech solutions next year, according to a new report... Read more

Bad legal advice blamed for Afterpay breaches

Afterpay breached money laundering law because of bad legal advice, according to an independent auditor. ... Read more

TAL teams up with Deloitte on regtech offering

Life insurer TAL has partnered with Deloitte to deploy a regtech solution using artificial intelligence (AI) and voice r... Read more

9 Spokes, Visa enter collaboration talks

Marketplace provider 9 Spokes could be looking to make its platform and business app available to Visa issuers worldwide... Read more

Sex worker blasts fintechs for discrimination

High-profile escort Madison Ashton has slammed banks and fintechs for blocking merchant services to sex workers, saying ... Read more

Verrency appoints former PayPal payments expert

Payment vendor Verrency has appointed Dickson Chu, a former fintech payments expert for PayPal, to its global advisory b... Read more

Fintech regulators galvanised by Facebook’s Libra

The impending launch of Facebook-backed cryptocurrency Libra in 2020 has pushed regulators across the world to put forwa... Read more

Global insurtech completes US$10 million funding round

Insurance distribution platform Cover Genius has raised US$10 million in a Series B funding round as it continues its gl... Read more

86 400 launches home loans

Fintech 86 400 has unveiled its new digital home loan offering, becoming the first neobank to enter the mortgage market.... Read more

Marketlend rolls out blockchain currency

Marketplace lending platform Marketlend has launched its own blockchain digital currency, black. ... Read more

Samsung, Finder establish credit card comparison tool

Samsung has teamed up with comparison site Finder to roll out Promoted Cards, a new credit card feature for the electron... Read more

Lend unveils broker platform

Business loan platform provider Lend (Lend.com.au) has launched a new tool to help finance brokers source funding for sm... Read more

9 Spokes launches new platform

Marketplace provider 9 Spokes has rolled out its next-generation platform, with Bank of New Zealand being the first comp... Read more

Raiz completes $6m raise

Raiz Invest has completed a placement of seven million fully paid shares at 86 cents per share, raising a total of $6.02... Read more

Buy-now-pay-later users up 41%

New research has shown 1.95 million Australians have used buy-now-pay-later digital payments methods such as Afterpay or... Read more

Pay-tech key as super security risks escalate: InPayTech

Payment technology providers are set to play a crucial role in superannuation as funds ride a wave of industry consolida... Read more

NPP releases roadmap to public

New Payments Platform Australia (NPPA) has published its ongoing development timeline, signalling when it intends to int... Read more

Iress rolls out automated super

Wealth management software provider Iress has signed on to provide automated administrative services to Emergency Servic... Read more

AI tipped to transform investing industry

Artificial intelligence is likely to revolutionise the investment landscape, an expert has forecast, predicting the meet... Read more

Bravura nabs wealth tech firm for $25m

Platform provider Bravura has acquired Australian fintech FinoComp, a specialist in software solutions for the UK weal... Read more

Chi-X blasts ASX blockchain framework

Upstart stock exchange Chi-X has slammed rival ASX, questioning the efficacy and reliability of its blockchain CHESS rep... Read more

Aus finance exposed to cyber-attackers

The Australian finance sector is now at greater risk of cyber attack than ever before due to outdated IT systems, an aca... Read more

‘University of Melbourne central to the Airwallex story’

Global payment platform Airwallex has collaborated with the University of Melbourne, inspiring the next generation of te... Read more

Ebury makes its first acquisition

One of Europe’s largest fintechs has completed its first ever acquisition as it looks to accelerate growth. ... Read more

ASIC orders closure of robo-advice tools

A Sydney-based financial services licensee has voluntarily closed down two digital advice tools following concerns raise... Read more

Padua releases fund comparison tool

Aussie fintech firm Padua Financial Group has launched a new online product comparison tool for financial advisers. ... Read more

Where to for Afterpay?

Afterpay has not had it easy these last few months. AUSTRAC has ordered the buy now, pay later service to appoint an in... Read more

Senate committee launches fintech inquiry

Access to capital, regulation and culture is among the issues for Australian fintechs by the sector’s dedicated Senate... Read more

Xinja hints at neobank association

One of the co-founders of Xinja has indicated the neobank could be forming an industry body for digital banks with peers... Read more

Volt to launch savings account

Volt Bank has foreshadowed it will be rolling out its first product in the coming month, with 40,000 customers on its wa... Read more

Fintechs destroy one-stop shop banking: Wisr

New players entering the finance sector are forcing banks to rethink how they operate, Wisr chief Anthony Nantes has sai... Read more

TransferWise enters Aus with Up integration

International payments technology provider TransferWise has launched for banks in Australia, with its first partnership ... Read more

Why did Latitude’s IPO flop?

Latitude Financial’s public offering was set up to be one of the largest of the year, but the fintech failed to list... Read more

Aus business lags in tech

New research has found almost nine in 10 (87 per cent) of Australian employers anticipate challenges in upskilling staf... Read more

Royal commission boosted Aus fintechs

Three-quarters of Australian fintechs consider the banking royal commission to have provided opportunities for the local... Read more

Fintechs to strike where major banks disregard design: Up

Larger banks have been neglecting a need to shake up their legacy systems, leaving gaps in the market for fintechs to cr... Read more

Perth Mint, fintech launch gold cryptocurrency

Perth Mint has teamed up with precious metals digitisation firm InfiniGold to launch a gold token cryptocurrency. ... Read more

9 Spokes appoints audit and risk chair

Small business marketplace 9 Spokes has appointed a new independent non-executive director, who will chair its board of ... Read more

Moneytech expands team

Business lending platform Moneytech has hired new head of software engineering as the latest in a number of appointments... Read more

Neobanks don’t need to disrupt the majors to have staying power

Addressing the Future Banking Forum on Wednesday, APRA General Manager Melisande Waterford said that neobanks could have... Read more

Verrency hires former Westpac CTO

Former Westpac chief technology officer Robert Wilson has joined the global advisory board of digital payments fintech V... Read more

IOOF partners with Moneysoft on new budgeting app

Wealth manager IOOF has launched a goal-based budgeting app that gives users a complete view of their net worth and cas... Read more

Sydney could be next global fintech hub

Proximity to investors and a favourable regulatory environment make Sydney an ideal fintech hub, according to Bailador C... Read more

Future of banking tipped to be platform-based

The banking industry could be set to adapt to a platform-based model in the coming years, according to financial service... Read more

NAB backs Sydney data start-up, raises $2m

Sydney data start-up Slyp has raised $2 million in a seed funding round led by NAB Ventures, with the big four bank look... Read more

Fintech launches open banking product aggregator

Adatree, a technology company specialising in consumer data right compliance, has launched what it says is the first agg... Read more

Cashwerkz partners with AMAL Trustees

Cashwerkz has added wholesale corporate trustee AMAL Trustees as the latest in a growing number of financial institution... Read more

SocietyOne launches P2P lender for retirees, savers

Alternate lender SocietyOne has established a new peer-to-peer (P2P) lending model, rolling out two different offerings ... Read more

PayK makes Aus debut

Israeli payment app PayK has arrived on Australian shores, having opened its international headquarters in Melbourne. ... Read more

Skybound acquires WA fintech

Global wealth manager Skybound Capital has secured the majority stake of Western Australia fintech Fair Go Finance, inve... Read more

Fintechs to run first open banking trials

Fintechs Frollo and Moneytree along with neobank 86 400 have been included among the first 10 firms outside of the big f... Read more

FinPal to merge with MiiiA

Business and client management platform FinPal will be consolidating with software services firm MiiiA, with plans to me... Read more

Neobanks face ‘significant risks’

Morningstar has low hopes for new banks like Volt, Xinja, 86 400 and Judo, which it says are at high risk of taking on l... Read more

Douugh adds new feature while broadening US reach

Douugh has launched a new service to its banking platform while expanding the rollout of an existing product across the ... Read more

Brickfloor feature to lessen home seller stress

Australian fintech property start-up Brickfloor has revealed a service targeting Australians nervous about selling their... Read more

Legal fintech aims to reduce dispute resolution costs

Legaltech start-up firm Immediation has launched a dispute resolution platform that enables lawyers, general counsel and... Read more

Australian non-cash transactions up 11%, report finds

The amount of non-cash payments made in Australia went up by over 11 per cent, making it number three globally in terms ... Read more

Company boards underestimate digital disruption: study

Boards of companies who fail to understand the importance of innovation may be constraining business growth opportunitie... Read more

Northern Trust becomes member of RBA clearing system

Nasdaq-listed Northern Trust has become a member of Australia’s high-value clearing system and will now process and s... Read more

Senate establishes fintech select committee

Parliament has approved the establishment of a new Senate select committee on financial and regulatory technologies. ... Read more

Advice licensee launches regtech platform

Industry Fund Services has collaborated with fintech firm Advice RegTech in launching a new artificial intelligence pla... Read more

Wildcard launches transaction account

Fintech start-up Wildcard has launched an interest-bearing transaction account making it the first launched product of ... Read more

Crypto roadshow to kick off

Crypto Sydney, an online cryptocurrency group, is launching its national roadshow this week. ... Read more

Avaloq launches new analytics solution

Avaloq has launched a data analytics solution for banks and wealth managers. ... Read more

Aussie fintech ‘booming’, $400m raised in 6 months: Accenture

Australian fintech start-ups have bucked the global trend by reporting a threefold increase in investment compared to th... Read more

86 400 launches products to market

Within two months of being granted a full licence 86 400 has become the first neobank to launch its products to the gene... Read more

BOQ partners with fintech lender

Bank of Queensland has signed on to transfer its existing debtor finance business to supply chain finance specialist Oct... Read more

Frollo acquires AI-powered savings provider

Fintech Frollo has bought Brisbane-based Hip Money, a start-up aimed at using artificial intelligence to help consumers ... Read more

Universities back Libra Aus launch

Four Australian universities have jumped on board to push for cryptocurrency Libra to be established locally, with the F... Read more

New CEO pushes Nimble into banking

A new CEO was the push that Nimble needed to pivot away from the controversial payday lending space and into the banking... Read more

New financing solution for fintechs

A new fintech has launched that will give fintechs a new method to access finance and help them solve cash flow issue... Read more

Xinja granted full ADI

APRA has granted neobank Xinja its full banking licence with the digitally designed bank already offering accounts to ea... Read more

Fintechs lead top start-ups list

LinkedIn has released its Top Start-Ups List today and fintechs dominate the list with the top going to one of the neoba... Read more

Aus crypto exchange launches

Mine Digital, a new crypto exchange and broker has launched in Sydney, with an aim to fill a gap in the sector’s Asia-... Read more

Westpac opens innovation challenge

The Westpac Innovation Challenge has launched with its theme this year being data, giving start-ups, scale-ups and entre... Read more

Sage introduces financial management platform

Cloud business management solutions provider Sage has launched its financial management platform Sage Intacct. ... Read more

Moneytree launches budgeting platform

Moneytree Grow is a new paid service launched by Moneytree that will help Australians better manage their daily expenses... Read more

Moula launches merchant pay service

Lender Moula has launched Moula Pay to help merchants offer affordable payment terms and sell more to customers. ... Read more

Cashwekz rolls out new fintech platform

Cashwerkz has rolled out a new tech platform that will reduce the time to market for new online cash investing features.... Read more

Westpac, Coupa launch B2B exchange

Westpac has teamed up with US business spend management technology provider Coupa to roll out a cloud-based procurement ... Read more

HSBC signs on for Identitii platform

Fintech Identitii has entered a licence agreement with HSBC Bank Australia to provide its Overlay+ peer-to-peer communic... Read more

Business culture greatest challenge facing Aus cyber security

Company culture has been signalled to have the greatest impact on corporate cyber security in the coming months, with a ... Read more

Look Who’s Charging acquired by Experian

The Australian fintech Look Who’s Charging has been acquired by Experian Australia and New Zealand to bolster its open... Read more

Up releases new payment services

Up bank has released a range of new services for its customers, with one of the biggest being the introduction of BPAY p... Read more

Revolut beefs up senior management

UK-based neobank Revolut has strengthen its executive team with the hiring of a new treasurer, director of financial cri... Read more

Finsure launches CRM platform

Mortgage aggregator Finsure has launched a customer relationship management platform to boost its service proposition fo... Read more

Wealth platform posts 108% increase

The wealth platform provider has posted a 108 per cent increase in total funds under administration to $16.1 billion ove... Read more

Second tranche of blockchain bond released

The World Bank has raised an additional $50 million for its Kangaroo bond, the first bond created and managed entirely t... Read more

TransferWise launches cards for travellers and expats

TransferWise had launched two debit cards in Australia that will primarily assist travellers and expats by providing che... Read more

APIR enhances data functionality

APIR Systems has launched key upgrades to its data capabilities by creating more flexible delivery methods and adding a ... Read more

Neobank appoints CTO

A former executive for American neobank Moven has been appointed as chief technology officer for Australian neobank Xinj... Read more

Fintech unicorn expands into Melbourne

Global fintech Ebury has experienced a period of nationwide growth and has opened a new office in Melbourne as a result.... Read more

Virtual currency finds real-world applications

A new partnership will enable virtual currency assets to be securely used at any merchant and will be offered to banking... Read more

eToro makes Tezos available

eToro has added Tezos to its platform making it the 16th cryptoasset available to retail investors on the platform. ... Read more

Saxo Bank buys BinckBank

Saxo Bank has completed its acquisition of Dutch-based BinckBank, with the investment bank set to now service around fou... Read more

Macquarie launches digital security app

Macquarie has launched a new digital security app that it claims is the first in Australian financial services to give c... Read more

CBA to take on Afterpay

The Commonwealth Bank has announced a multimillion-dollar investment that will bring a new buy-now-pay-later provider to... Read more

Cyber criminals targeting finance industry

Over half of all financial services organisations believe that cyber criminals will succeed in their network attacks eve... Read more

Banking in 2030

The banking industry of 2030 will look radically different from what it is today with more competition, efficiency and i... Read more

Neobank launches stock trading service

A European neobank has launched a stock trading service shortly after its launch in Australia. ... Read more

Consumer Data Right passes parliament

The government passed the Treasury Laws Amendment (Consumer Data Right) Bill 2019 through both houses earlier this week ... Read more

Neobanks approve of Consumer Data Right Legislation

The government passed the Treasury Laws Amendment (Consumer Data Right) Bill 2019 through both houses earlier this week ... Read more

Commonwealth Bank unveils CommBank app 4.0

Commonwealth Bank has unveiled the latest version of its banking app which it says will offer greater personalisation. ... Read more

Investors drive neobank’s record-breaking raise

Elite investors have driven a record-breaking equity raise of $400 million for one of Australia’s first SME banks. ... Read more

Is Melbourne Australia’s tech epicentre?

One fintech has called Melbourne the epicentre for Australian start-ups saying its an easy choice over Sydney. ... Read more

Late payments to be a thing of the past

A new partnership has been announced that will tackle the problem of late payments for Australia’s two million small- ... Read more

Cloud technology brings billions to Australia

Cloud technology delivered over $9.4 billion in productivity benefits to the Australian economy over the past five years... Read more

FIS to power payment for Volt

Volt has partnered with technology company FIS to power its mobile and card payment services as it moves to offer servic... Read more

Airwallex appoints chief compliance officer

Fintech Airwallex has appointed a chief compliance officer and general counsel who joins from international law firm Pau... Read more

Fintechs cause RBA policy change

Fintechs have been cited as the motivation for a recent update to the Exchange Settlement Account policy by the Reserve ... Read more

WA fintech expands with tech hub

Fair Go Finance is growing rapidly in the non-bank lending sector and as part of that development has launched a new tec... Read more

CommSec launches micro-investing platform

Commonwealth Bank’s digital broking platform CommSec has launched a micro-investing app for retail users. ... Read more

Facebook, Apple bigger threats to incumbents than neobanks

Facebook and Apple are seen by Asia's incumbent banking community to be bigger threats to the system than the rise of ne... Read more

Temenos acquires AI platform

Temenos has acquired a SaaS-based AI platform to accelerate its roadmap and expertise. ... Read more

Consumer Data Right to come before parliament

The government has confirmed that it will introduce the Consumer Data Right legislation to parliament this week. ... Read more

Data security influences consumer behaviours

New research has found that confidence in a brand’s data security influences how consumers spend their money with th... Read more

SME lender joins FAST panel

Online SME lender OnDeck has joined the panel of leading aggregator Finance & Systems Technology or FAST. ... Read more

'No interest in being niche bank': 86 400

Last week APRA approved the full ADI licence for neobank 86 400, the first step in the bank's journey to taking on the b... Read more

Financial services vulnerable to certificate outages

A new global study has found that financial services organisations are more vulnerable to certificate-related outages th... Read more

Neobank granted full ADI licence

One of the genuine alternative’s to the major banks has been granted its full ADI licence from APRA. ... Read more

Fraud prevention fintech moves to Australia

ClearSale has launched operations in Australia in a bid to grow the company’s global presence. ... Read more

Evolution of industry will slow without open banking

Open banking has been introduced into the big four banks but there are now fears that its timeline could be disrupted, w... Read more

Lakeba acquires automated fintech

Lakeba Group has acquired Titlexchange to help free brokers and others from computer processing work. ... Read more

Zebpay announces crypto growth program

Crypto firm Zebpay has launched a referral program to coincide with its Australian expansion in an effort to grow crypto... Read more

Westpac partners with cloud-based payment firm

Westpac had partnered with Kounta to help make in-store payments a faster and more seamless experience for retailers. ... Read more

Platform launches exposure to Facebook’s libra project

A multi-asset investment platform has launched its latest portfolio, which will allow investors to take a stake in the c... Read more

REI Super partners with fintech for better insights

Laneway Analytics has announced a new partnership agreement with REI Super to power new analytics and insights capabilit... Read more

KPMG alumni launches global RegTech

A global RefTech platform has been launched by two former KPMG partners to automate regulatory compliance. ... Read more

Xinja unveils product roadmap

Xinja has unveiled its product roadmap in an effort to launch a beta Xinja bank account in the next few months. ... Read more

Nominations open for Fintech100

Nominations are now open of the Fintech100 list which recognises leading fintech innovators from around the globe. ... Read more

Nimble to enter banking industry

Australian fintech Nimble has announced that it will exit the controversial payday lending space to enter the banking in... Read more

Fintech products usage explodes

A new global poll has found that fintech products and services are used by over half of all financial services around th... Read more

Major banks play in fintech sandbox

Open banking is officially rolling out in Australia, with the majors having to start producing data for a variety of pro... Read more

Winners of Inclusive Fintech 50 announced

The 50 winners of the Inclusive Fintech 50, run by MetLife Foundation and Visa Inc., have been announced, with each winn... Read more

Global fintech enters Australian lending market

Ebury, a corporate banking services provider for SMEs, is entering Australia’s non-bank lending market with a direct c... Read more

New partnership arrives in time for open banking

A new collaboration between DXC Technology and Zafin Partners will help banks manage conduct risk and increase customer ... Read more

The neobanks fighting for $60bn

Everyone knows who the big four banks are, but what is less well known are the new neobanks that are presenting a challe... Read more

Open banking switched on for majors

From today, the four major banks have to offer data on a variety of products as part of the roll-out of the open banking... Read more

Regtech expansion for software firm

A third-generation software has been launched by fintech provider AstuteWheel to provide advisers with new technology t... Read more

The changing face of financial advice

Promoted by Basiq. Financial advisers are under more pressure than ever to offer personalised advice at lower costs. Op... Read more

FinTech Australia introduces new roles

FinTech Australia has held its 2019 AGM and has restructured the organisation by introducing new director roles. ... Read more

OpenMarkets launches new trading platform

OpenMarkets Australia has launched a new trading platform to meet the needs of self-directed investors and advisers want... Read more

We’re not here to be a bank: Douugh

Douugh is getting ready for an ASX-listing but don’t confuse the company for a traditional bank, because that is not i... Read more

2 in 5 Aussies hit by online ATO scams

As the end of financial year approaches, ATO scams pick up with more Aussies being scammed online and risking their data... Read more

FinTech Australia expands membership

FinTech Australia has expanded its membership structure by adding two new categories to open the body for collaboration.... Read more

Map My Plan takes out EY financial award

Map My Plan has won the EY Financial Well-being PitchFest for its customer-centric financial proposition, beating out a ... Read more

Fintech leaders excited by Facebook announcement

The fintech industry has expressed excitement over the announcement by Facebook that it was set to introduce a new crypt... Read more

World first card makes crypto liquid

A new fintech start-up has launched a world first crypto card that will enable the online coin to go liquid around the w... Read more

Payment fintech closes Series A raise

Verrency has closed a $10 million Series A funding round thanks to a number of long-term agreements that will let it ex... Read more

Major bank partners with fintech provider

NAB Asset Servicing has partnered with global tech provider GBST to implement a digital tax reporting platform, just in ... Read more

Fintech usage over the tipping point

A new report has revealed that fintech usage is over the tipping point with more than half of Aussie conumers being acti... Read more

Stone & Chalk launches ‘Females in Fintech’ program

Stone & Chalk Melbourne has launched a ‘Female in Fintech’ program that will create a network for women working ... Read more

UK neobank launches in Australia

UK neobank Revolut has rolled out its beta launch in Australia, with around 20,000 consumers on the waitlist to try out ... Read more

Dark data creates security blind spot

Australian companies are creating a major security blind spot with over 50 per cent of data unclassified or ‘dark’. ... Read more

Liquidnet acquires NLP provider Prattle

Liquidnet has acquired NLP provider Prattle to expand its AI-based trade and investment analytics. ... Read more

Digital wallets still lagging behind online transactions

New research has revealed that direct debit is still the most popular way for Australians to pay for household bills and... Read more

Afterpay in deep water over money laundering laws

Afterpay is currently in a dialogue with financial intelligence agency AUSTRAC regarding issues around their anti-money ... Read more

Payments company appoints former Intuit executive to MD role

Splitit Payments has announced the appointment of a former Intuit vice president of marketing to lead its Northern Ameri... Read more

Cashwerkz announces new partnership

Digital platform Cashwerkz has aligned with investment manager Praemium, with its marketplace now being available to Aus... Read more

Digital payment platform launches

A consortium of major companies have launched b.yond, a financial innovation platform that will allow businesses to rapi... Read more

Asia-Pacific companies to ramp up innovation

Asia-Pacific companies are set to increase investments in innovation and technology in an effort to fight rampant financ... Read more

Austrade unveils latest fintech cohort

The Austrade Landing Pad in Singapore has unveiled its latest cohort of promising start-ups who will undergo a tailor-ma... Read more

Regtech adoption slow in Aussie financial services

The take-up of regulation by financial services firms has been slow in Australia largely due to it being seen as not an ... Read more

ASIC updates crypto-asset information

ASIC has released new information to help business involved with ICOs and crypto-assets to consider their legal obligati... Read more

Fintech partnership to accelerate trade transformation

Two global fintechs have partnered to accelerate digital transformation in global trade through tokenization. ... Read more

Leveraging bank transaction data to verify income

Promoted by Basiq. Recent updates to ASIC’s guidelines around responsible lending highlight the importance of income ... Read more

First non-bank payment solution joins BPAY

A mobile payments company has become the first ever non-bank to be on the BPAY platform after sponsorship by e-payments ... Read more

Commonwealth Bank to relaunch app

CBA plans to relaunch its CommBank app with a plan to become a completely personalised and smart banking experience. ... Read more

Changing the world through innovative banking

It is undisputable that there is too much plastics in our oceans but now a new bank has been established to help clean i... Read more

Fintech gains government minister in cabinet announcement

The Fintech industry will now be included in the treasury portfolio after a new assistant minister was appointed by Prim... Read more

Consumers don’t need open banking education

Consumers don’t need to know about open banking and that it is not necessary to educate them, according to one expert ... Read more

Liquidnet trials simulated trading environment

Liquidnet has just hosted its annual Labs Live event in Sydney to trial its new technology on institutional traders and ... Read more

UBank driving banking disruption

UBank has a mandate to disrupt banking for good and to do so they have placed technology at the forefront of the custome... Read more

Fintech to win big from wealth provider switch

A new report from EY has found that increasingly clients are looking to switch wealth manager providers, with fintech to... Read more

Big banks well-placed against fintech rivals

Australia’s large banks have the financial resources to be able to invest in new technology, positioning themselves to... Read more

NAB launches Apple Pay

National Australia Bank has finally introduced Apple Pay to its customers with the service live from this morning.  ... Read more

Consumers willing to sacrifice data for lower prices

A new study by Accenture has found consumers are willing to share significant personal data with banks and insurers in e... Read more

TransferWise opens API to banks

TransferWise has just opened up their API for Australian businesses and banks to enable organisations to integrate Trans... Read more

QBE opening up to start-ups

Insurance firm QBE is seeking investment opportunities through its investment arm QBE Ventures to support its digital tr... Read more

Inaugural review of Notifiable Data Breaches released

The inaugural review of the Notifiable Data Breaches Scheme has revealed that the finance sector is one of the most at-r... Read more

CBA enables world’s first blockchain bond

CBA, together with the World Bank, have enabled secondary market trading recording on blockchain for bond-i. ... Read more

Suncorp invites fintechs to join Incubator Program

Suncorp is inviting fintech startups to come and collaborate with the group on new and innovative projects as part of it... Read more

SME bank goes live with Temenos

Judo Bank has gone live with Temenos T24 Transact in an effort to outmanoeuvre the incumbent banks with nimble technolog... Read more

Cyber security firm secures funding from Westpac

Kasada, a cyber security vendor, has announced a $6.5 million capital raising from CSIRO-based venture firm Main Sequenc... Read more

Chi-X added to Morningstar data solutions

Morningstar has listed Chi-X Australia among its global market data solutions, with the move to give investors data on p... Read more

BNZ, 9 Spokes platform goes live

Bank of New Zealand (BNZ) has partnered with marketplace and insights technology provider 9 Spokes, being the third bank... Read more

Fintech launched to capture new asset class

A Brisbane-based fintech is gearing up to launch to market with the unique business proposition of giving Australians ... Read more

Insurtech sector grows by over 50%

A new report from EY has found that Australia’s insurtech ecosystem has grown by 53 per cent over the last year and is... Read more

Neobank seeks new shareholders

86 400 has opened its doors to new investors, led by Morgan Stanley, to drive the capital raising process to allow the n... Read more

IRESS teams with Volt to launch mortgage software

Financial technology provider IRESS has partnered with neobank Volt to support its mortgage businesss with the use of i... Read more

SWIFT launches investigation/resolution service

SWIFT has added a payment investigation and resolution service, available in the cloud, in an expansion of its network-w... Read more

FNZ releases blockchain infrastructure for asset management

FNZ has partnered with a number of global fund managers to launch a blockchain-powered market infrastructure for asset m... Read more

US mobile banking accessibility surpasses Aus

The US is now leading in mobile enabled personal banking available for 75 per cent of accounts, taking over the global t... Read more

APAC consumers demand greater digital security

New Experian research highlights that 71 per cent of APAC consumers value ‘security’ as the most important element o... Read more

Banks leveraging AI to help combat money laundering

A new report has identified how banks are harnessing the potential of artificial intelligence and machine learning for a... Read more

Turn pocket change into special purchases with Sipora

Promoted by Basiq. Data aggregation platform Basiq has announced its partnership with Sipora, an innovative new app th... Read more

Feedzai brings AI to fraud fight

Feedzai has announced a new partnership that will bring advanced machine learning to European banking to fight fraud. ... Read more

XPLAN top software firm

Software firm XPLAN has once again taken out the top spot in a software benchmark ratings which also found that app deve... Read more

One-third of Aussies trust robo-advice

Nearly a third or 30 per cent of Australians are happy to trust robo-advisers, new research from Thinque has shown, whic... Read more

Bots posing credible threat to Australian websites

Kasada has produced a first-of-its-kind report that has revealed how widespread the problem of bot attacks is in Austral... Read more

Key drivers for commercial bank digitisation unveiled

A new report by Oracle has identified the key drivers and emerging trends faced by corporate banking as it looks towards... Read more

Judo granted full ADI Licence

APRA has announced that SME bank Judo Bank has been granted a full ADI licence in accordance with the Banking Act. ... Read more

Deakin University invests big in AI

Artificial Intelligence is at the forefront of modern technology and Deakin University is investing $33 million into a n... Read more

Blockchain investment fund launched

Digital asset manager Grasshopper Capital has announced plans to launch a second investment fund to focus on blockchain.... Read more

Life360 launches $145m IPO

Family locater Life360 is expected to list on the ASX from May, with a market capitalisation of $689 million, offering i... Read more

Shark Tank series for Blockchain launches

A Shark Tank TV series for blockchain will officially launch its second season after a successful first series in South ... Read more

7-Eleven continues fintech partnership

7-Eleven has signed a fintech partnership for an additional five years to ensure consumers continue to enjoy the conveni... Read more

The Tinder for investment ready to grow

Goodments, a tinder-type app for investments has announced its first retail crowdfunding raise ahead of its global expan... Read more

Technology fund reaches first close

OneVentures has reached its first close with approximately $45 million after launching to investors at the end of 2018. ... Read more

86 400 secures national distribution

Neobank 86 400 has secured national distribution with aggregator Vow Financial, which will allow it to deliver home lo... Read more

Blockchain incubator program launched for start-ups

An incubator program dedicated to blockchain start-ups will be established in Adelaide to help business get up and runni... Read more

Innovation part of the solution to modern-day slavery

A commission is currently in Sydney to discuss with key stakeholders the role of technology in helping the finance indus... Read more

ASIC highlights fintech growth in funding sources

A recent survey supported by ASIC’s Innovation Hub has shown that fintech businesses are continuing to see growth in d... Read more

New technology will radically reshape investments

A white paper has revealed that new technologies will radically reshape the investment opportunity set across all indust... Read more

Fintech announces crowdfunding raise

Australian fintech Credi has announced its intention to undertake an equity crowdfunding raise with Equitise. ... Read more

SocietyOne launches new trust

Marketplace lender SocietyOne is targeting $50 million through the launch of a new trust designed to increase simplicity... Read more

Digital mortgages to enter market

Gateway Bank has announced a new trial that will streamline mortgages for home owners by making the whole process digita... Read more

Fintech companies invited to Accenture’s innovation lab

Applications are now being accepted for Accenture’s annual FinTech Innovation Lab Asia-Pacific, a 12-week program to h... Read more

Finance leader’s role being redefined due to digital transformations

A global survey has revealed that efforts to digitally transform the finance function have not advanced enough and finan... Read more

Volt Lab allowing co-creation with consumers

Neobanks are already in the financial industry and promising customer-first products, but Volt Bank has put plans into ... Read more

Technology driving bank innovation

Banks around the world are citing new technologies as having the biggest impact on the industry and not customer demands... Read more

Fintechs disappointed by Federal Budget

Industry experts have expressed dismay over the Federal Government's latest budget, arguing that it will act as a hinder... Read more

Up Bank is the biggest innovation in Australia

The chief executive of one of Malyasia’s start-up banks has said that the launch of Up Bank represents the biggest inn... Read more

Fintech course announces first adjunct professor

The Swinburne University of Technology has announced its first adjunct professor of Fintech to lead its post-graduate co... Read more

Australia leading the world for digital transformations

According to a recent report, Australia is significantly leading the world in companies undergoing a digital transformat... Read more

Invisible digital experience to transform banking

Consumers are increasingly demanding seamless and invisible digital experiences and banks need to adjust how they operat... Read more

Open banking rules released by ACCC

The competition watchdog has today published the draft rules for the Consumer Data Right and is seeking feedback from co... Read more

How the banking royal commission will affect auto-financing

Promoted by Basiq. It’s estimated that 90 per cent of all car sales are currently arranged through finance. Given t... Read more

Fintech Business Award 2019 winners announced

The 2019 winners of the Fintech Business Awards were announced at a gala dinner last night in Sydney. ... Read more

Australian Fintech reaches unicorn status

An Australian fintech has become the newest ‘fintech unicorn’ following the close of its series C fundraising. ... Read more

Apple launches credit card

At an event this morning, Apple launched a new credit card for its iPhone users allowing them to access anywhere that Ap... Read more

Millennials lead in use of ‘buy now, pay later’ payments

Over the last twelve months, Millennials were the biggest demographic to take advantage of ‘buy now, pay later’ digi... Read more

Publish your data to solve gender gap

The single most important thing a company can do to solve gender inequality in companies is to publish their data, says ... Read more

‘Best in Class’ in fight against fraud named

Analyst firm Aite Group has named a fintech the best in class in the vendor market for helping banks, merchants and paym... Read more

Fintech leader integrates with SWIFT

Broadridge Financial Solutions has integrated SWIFT global payments innovation for its corporate clients and is currentl... Read more

InstaReM closes Series C funding

Digital cross-border payments company InstaReM has closed its series C funding of $58 million, bringing its total fundra... Read more

IBM launches blockchain network

IBM has launched a real-time global payments network for regulated financial institutions called Blockchain World Wire, ... Read more

Financial inclusion to solve gender inequality

The chief executive officer of Woman’s World Banking has said that including women in the financial industry may be th... Read more

Prospa announces half-year results

Prospa has announced that its loan originations have surpassed $1 billion, ahead of forecast December quarter result. ... Read more

DiviPay launches virtual credit cards

In an Australian first, start-up DiviPay has launched a virtual corporate credit card for small businesses to make accou... Read more

Stone & Chalk partners with Enterprise Ireland

Stone & Chalk has partnered with Ireland’s national trade and innovation agency to bride the gap between Australia... Read more

Robo-advice launched for investors

A start-up has launched a hybrid robo-advice solution that it says will be able to compete with traditional financial in... Read more

Challenger bank launches sustainable investing

UBank is now offering Australians a sustainable way to investment with the launch of a green term deposit in a move to c... Read more

Platforms throw capital into developing functionality

Despite regulatory headwinds, investment platforms are going forward in innovating and developing new functionality, wit... Read more

How do lenders determine affordability for customers with more than 1 bank?

Promoted by Basiq. The Australian Banking Association estimates that almost two-thirds of Australians have accounts wit... Read more

Fintech Australia announces new board appointments

FinTech Australia has appointed three new board members to help the organisation with their new focus on collaboration. ... Read more

Fintech innovator launches new trading platform

ThinkMarkets has launched a new solution which will allow for low-cost automated trading to help execute faster trading.... Read more

Payment start-up raises $30m

An Australian payment fintech has raised over $30 million through debt and equity to help it scale its business. ... Read more

No true innovation in financial services

Outgoing chief executive of Gateway Bank has claimed that there has been no true groundbreaking innovation in the financ... Read more

Fintech hub supports Indigenous startup initiative

Fintech hub Stone & Chalk has partnered with not-for-profit Barayamal to provide Indigenous entrepreneurs with cowor... Read more

Banking engine opens Sydney office

After a successful funding round, a leading SaaS banking engine has expanded their global footprint with a new Sydney of... Read more

Lending start-ups lead fintech investment

The majority of investment made in Australian fintech’s last year went into lending start-ups, according to new analys... Read more

Tech provider brings in new CEO

Financial advice technology provider Midwinter Financial Services has appointed a new chief executive amid continued exp... Read more

Australia a global leader in digital transformation

A new report has found that Australia and New Zealand are global leaders in digital transformation initiatives. ... Read more

Fintech Investment reached new highs in 2018

Investment in fintech soared last year with 2018 being the second-highest year on record for investment in the sector. ... Read more

Tic:Toc partners with major regional bank

Tic:Toc, a fully digital home loan platform, has helped Bendigo Bank to launch Bendigo Express, allowing the bank’s cu... Read more

Terminology gap restricting technology development

The data industry is currently being held back by a gap in terminology knowledge but it is slowly closing, according to ... Read more

Metlife and Visa launch new Fintech initiative

Metlife Foundation and Visa have announced a new initiative to recognise the top 50 early-stage fintechs contributing to... Read more

No negatives to Open Banking delay says industry

The revised dates for the introduction of Open Banking in Australia is a positive for the industry, according to fintech... Read more

Airwallex doubling down on development

Foreign exchange and payments platform Airwallex is using 2019 to double down on its product rather than commercialise i... Read more

Quantifeed opens Australian office

Wealth management software provider Quantifeed has opened at a new location in Sydney, its first office in the country, ... Read more

FinTech Australia promoting collaboration in 2019

FinTech Australia’s new general manager wants the industry to come together and move in a more collaborative manner in... Read more

12 months of Osko

It has been one year since the launch of the NPP and its first product, Osko, has recorded over $66 billion worth of tra... Read more

Compliance innovator a finalist in fintech awards

One of the Fintech Business Award finalists Max ID is getting ready for the switch to 100 per cent digital settlements m... Read more

Australia behind the curve on AI adoption

Australian businesses are preparing to implement AI technology over the next three years but according to new research t... Read more

Open banking is an investment in your future

A financial services company is trying to change the banks’ minds around open banking, to switch the mindset from it b... Read more

Lifewealth launches compliance platform

Lifewealth Group have teamed up with software company Dexterous Pro to establish financial services platform Ontoma, whi... Read more

Platform for shareholder engagement launched

A new platform has been launched to help seamlessly connect financial advisers, fund managers and listed companies with ... Read more

Fintech Business Awards 2019 finalists announced

The finalists of the 2019 Fintech Business Awards have been announced. ... Read more

InstaReM joins fast-track program

Fintech start-up InstaReM has joined Visa’s Fintech fast-track program in the Asia-Pacific region to allow it to deliv... Read more

UBank brings AI to home loan applications

UBank has launched Australia’s first digital home loan application assistant who will help consumers navigate the proc... Read more

Volt partners with wealth platform

Volt Bank has formed a technology alliance with wealth management platform Spitfire to set a new standard for banking an... Read more

Independent Reserve launches cryptocurrency insurance

Independent Reserve is now offering insurance coverage, which it says is the first offered in Australia to protect again... Read more

MyNextAdvice integrates with XPLAN platform

Financial planning software XPLAN has embedded client service MyNextAdvice within its platform, which the fintech said c... Read more

Solving the 3-year fintech problem

A full service fintech platform is getting ready for launch, saying that it has solved the three-year fintech problem.... Read more

Neobanks the solution to the finance industry post-Royal Commission

Neobanks will deliver the transformation that the financial services industry needs post-Royal Commission according to ... Read more

Fintech helped contribute billions to Australian GDP

New research from fintech small business lender Prospa has revealed the economic impact of its lending to small busines... Read more

Fintech calls for practical royal commission action

A fintech financial adviser which has experienced huge growth in over six months is calling for practical royal commiss... Read more

Gen Z value personalisation over data privacy

A new generational study on the digital behaviours of Australians has revealed that Gen Z priorities a personalised expe... Read more

AI launched to fight financial crime

Feedzai and DataRobot have formed a partnership to help banks fight financial crime using advanced machine learning. ... Read more

More organisations seeking compliance experts and regtechs

Demand for risk and compliance experts in Australia has risen sharply over the last twelve months, and will continue to ... Read more

Avoka introduces Workspaces for retail banking

Tenemos subsidiary Avoka has launched Workspaces, a new digital review and approval module of its platform, designed for... Read more

ASIC launches fintech network

ASIC has launched the Global Financial Innovation Network that is committed to supporting financial innovation for the c... Read more

Record-high traffic achieved by fintech service

A global provider of secure financial messaging services has reached a record-high traffic of over 7.8 billion messages.... Read more

Fintech partnership to move Super forward

A leading financial data aggregation platform and Australian independent choice-of-fund service for employees have estab... Read more

Australian university launches Fintech course

Swinburne University has added a new course to its range of fintech postgraduate courses in order to meet demand in the... Read more

Australians continue push to cashless society

A new report has found that Australians are continuing to move to a cashless and cardless society as digital payments co... Read more

Neobanks forcing traditional banks to innovate

Neobanks are forcing over half of European banks to prioritise improving product agility in order to keep up with custo... Read more

Record-breaking funding for start-ups

Last year investors poured record-breaking funding into Australian startups with venture capital investments hitting $90... Read more

Neobank granted full ADI licence

An Australian neobank has been granted an unrestricted ADI licence by APRA after previously being granted the first rest... Read more

Sydney fintech secures multimillion dollar funding

An alternative SME finance provider has secured a multimillion dollar credit facility from Goldman Sachs to meet custome... Read more

ANZ expands Apple Pay offering

ANZ has announced a new offering to its customers that will allow them to choose eftpos when paying with Apple Pay via i... Read more

Xinja launches second equity campaign

Neobank Xinja has launched its second equity crowdfunding campaign after being granted a restricted banking licence twel... Read more

Program launched to get businesses China market-ready

An online program has been launched by a Sydney-based co-working space for startups and SMEs to help businesses expand i... Read more

APAC FinTech Network launched

Nine fintech associations across the APAC region have launched a new network to facilitate collaboration and encourage i... Read more

Australians more reliant on bank apps than worldwide peers

A 2019 study has found that Australians are among the most reliant bank app users in the world with the average being hi... Read more

Collaboration key to financial technology

There are new calls for greater collaboration across the Australian financial services industry to allow advisers to bes... Read more

Neobanks stock to rise

New research has found that neobanks are set to benefit from a major bank exodus as consumers look towards banking alter... Read more

New digital lender launches

Symple Loans, a new digital lending company has launched promising consumers a better borrowing experience while also cr... Read more

Online lender commits to compliance code

One of Australia’s largest online lenders to small businesses has announced its commitment to full compliance with the... Read more

New bank to bridge gap between crypto and banking

A new company has launched to merge investment banking and fintech to create an ecosystem of digital financial products ... Read more

Regional banks go live with regtech

Two of Australia’s biggest regional banks have completed their phase one implementation of a new regulatory reporting ... Read more

Hydra X partners with digital asset exchange

Hydra X, a trading provider, has partnered with CEZEK, a digital asset exchange, in a bid to integrate the two into a tr... Read more

Xinja approved for ADI licence

APRA has formally authorised neobank Xinja to become a deposit-taking institution on a restricted licence. ... Read more

Neobank starts capital raise

AI neobank Douugh has opened up to investors and started its wholesale raise on crowdfunding platform Equitise, with an ... Read more

Neobanks waiting in the wings

Australian neobanks and robo-advisers are waiting in the wings as banking scandals cause loss of reputation for many of ... Read more

Moneysoft launches new website

Fintech firm Moneysoft has launched a new website to showcase its growing range of services to large organisations. ... Read more

UNICEF launches social blockchain

The United Nations non-profit organisation UNICEF has announced its investment in six blockchain projects to harness the... Read more

Ignition partners with major bank

Fintech platform Ignition Advice has signed their first multimillion dollar deal with a large European organisation to e... Read more

Australian fintech bought for $340m

A Sydney-based fintech has been acquired by a US banking software company in a deal worth A$340 million. ... Read more

Financial hub launched by AMP

AMP has launched a new website to act as a one-stop-shop for financial education to help people understand investing, mo... Read more

Digital banking to transform again

Embedded banking will be the next wave of digital transformation to hit to the Australian banking industry, according to... Read more

Mastercard and Microsoft join forces for innovation

Mastercard and Microsoft have announced a strategic collaboration to improve how people manage and use their digital ide... Read more

Fintech launched to shake up super sector

An employee-choice-of-fund platform has announced its pilot launch to awaken employers and employees to the critical rol... Read more

Midwinter teams up with new tech partner

Midwinter has announced a new partnership with BUSSQ super fund to give it access to a range of advice channels. ... Read more

Data-sharing platform secures funding

A data-sharing group has launched its strategic expansion plan after a successful million-dollar series B funding round.... Read more

What do Afterpay, Prospa and SocietyOne have in common?

These Australian start-ups are fast becoming household names after achieving major success in the finance space. But the... Read more

Payment firm on track to get neo-bank licence

A payment and identity technology firm has applied for a neobanking licence and anticipates it will be granted early nex... Read more

Insolar establishes blockchain platform

Insolar, an open-source, enterprise-focused blockchain platform has launched, with an aim to help companies deploy distr... Read more

Platform solution launched for advisers

HUB24 has announced a new partnership that will see the financial firm provide a platform solution for advisers. ... Read more

AI Platform closes $2m funding round

An artificial intelligence platform has closed its pre-Series A round with an over-subscribed $2 million round. ... Read more

Neo-bank launches second equity crowdfunding

A neo-bank designed for mobile is launching its second equity crowdfunding round in early 2019 after a successful first ... Read more

Serko launches Uber in-app travel expenses

Expense management provider Serko has developed Uber for Business into its new Expense app, with an aim to give CFOs vis... Read more

Independent Reserve launches Sydney blockchain hub

Cryptocurrency exchange Independent Reserve has started up a blockchain innovation hub and coworking space in Sydney to ... Read more

Australians prefer electronic payments: RBA

The Governor of the Reserve Bank of Australia has said that Australians have embraced electronic payments and will conti... Read more

Nominations open for 2019 Fintech Business Awards

Fintech Business is pleased to announce that nominations are now open for this year’s Fintech Business Awards.  ... Read more

Start-ups lack Australians trust

A new survey has revealed that Australians are dragging their feet in embracing start-ups signalling an issue for the in... Read more

Cyber threat platform launched

An innovative cyber threat platform has been launched by security firm Secure Logic to help identify data breaches befor... Read more

Bit Trade crowdfunding on Equitise

Australian digital currency exchange Bit Trade has launched an equity crowdfunding campaign on Equitise, with an aim to ... Read more

KPMG launches world first crypto tool

KPMG Australia has launched a world-first crypto tax estimator to help traders of cryptocurrencies understand their tax ... Read more

KAI Banking launches second generation platform

A leading platform for finance has launched the second generation of its platform to drive business results while improv... Read more

First-of-its-kind platform launched

A social impact payment platform, claiming to be the first-of-its-kind in Australia, will allow customers to make dona... Read more

HydraX unifying fragmented trading landscape

HydraX has launched new trading infrastructure that it says will bring uniformity and simplicity to the market. ... Read more

BlackLine unveils updated cloud solution

BlackLine has revealed updates to its flagship cloud platform to further enable finance and accounting departments to tr... Read more

AIs popularity continues to grow

More than half of financial executives expect to see increased efficiency in their organisations as a result of artifici... Read more

Fintech should make advice enjoyable

A software integration firm has highlighted how technology should be about making the client experience of advice more ... Read more

Patent imminent for prominent fintech

A prominent payment fintech is expected to be granted a US patent by as early as next year – its seventh patent acros... Read more

Fintechs to open door to outside lenders

The growth of fintechs will see more consumers embracing third-party lenders in an open playing field that will see an i... Read more

FinClear underpins low-cost SMAs

Technology-provider FinClear has said that it has brought a cheaper, more efficient managed account investment to Austra... Read more

Fintech platform expanding into Australia

A global fintech firm is expanding its platform into the Australian and New Zealand marketplace to target contactless pa... Read more

Mastercard opens global tech hub in Australia

A new tech hub has been opened by financial service company Mastercard in Sydney to help foster and grow innovation thro... Read more

UK neobank to launch in Australia

Australia will be the second company of operations for UK neobank who, in three years, has already gained three million ... Read more

Artificial intelligence coming to insurance

ANZ OnePath has announced its new AI system that will deliver a more intuitive experience for customers applying for ins... Read more

Fintech to support Chinese investments

A fintech has announced that its verification tool will be offered in China to support the purchasing of Australian prop... Read more

Calls on government to introduce IoT regulation

The federal government is being pressured to follow the lead of the United States and the UK and introduce regulation th... Read more

Investment in technology hits new high

Investments in technology continue to grow with Australia reaching the top 10 countries of investments in tech for the f... Read more

No excuse to not use blockchain

Wealth managers have no more excuses to not adopt new innovative technology, particularly blockchain, according to a dat... Read more

Quantum computing to transform security systems

A state-of-the-art quantum-resistant cryptographic protocol has been created, which has the potential to change security... Read more

Open Banking draft standards released

The CSIRO has released the draft standards for Open Banking in Australia, as part of the introduction of the Consumer Da... Read more

Fintech revenue continues to grow

Australian fintechs recorded a median revenue growth of 125 per cent over the last year, with the industry bullish on th... Read more

Biometrics to replace password banking

Biometric security will replace password only banking in the not too distant future according to GlobalData. ... Read more

Payment Infrastructure key to bank’s survival: SIBOS

Over half of banks in Australia believe that payment infrastructure renovation is key to a good digital strategy says ne... Read more

New checkout standard for consumers: SIBOS

A new standard is being heralded by major players in e-commerce to help create a great and seamless consumer experience.... Read more

Staying ahead of technology: SIBOS

A three-pronged approach is the way to stay ahead of the pack according to fintech innovator Broadridge. ... Read more

BIAN launches API market

Technology giant BIAN has officially launched its Open API platform at the SIBOS conference held in Sydney. ... Read more

Evolve to survive: SIBOS

An AT&T director said that the telecommunications company has continued to evolve to survive in the new technology l... Read more

LexisNexis unveils transformative initiatives

LexisNexis Risk Solutions unveiled a new suite of innovative products at last weeks annual SIBOS conference in Sydney. ... Read more

Blockchain hub opens in Melbourne

Melbourne will be the site of a new blockchain hub to better service the growing blockchain industry in Australia. ... Read more

Crytpo to power global marketplace

Crypto will power a new global marketplace that will connect professionals with industry specialists. ... Read more

Big banks back fintech start-up

Two of the big four banks have backed a seed funding round of a Sydney based fintech start-up. ... Read more

Fintech platform to guide trillions through AI

A UK fintech platform has launched that has the potential to democratize investing through AI trading insights. ... Read more

Synchron launches app for adviser development

Synchron has released a new app focused on professional development as part of its efforts to leverage technology for it... Read more

Payment innovator of the year to face Senate inquiry

The Fintech Business 2018 payment innovator of the year winner is set to face a new Senate inquiry into the finance sect... Read more

Security Must Be Part of a Financial Institution’s DNA

Removing security silos to create a holistic way forward. ... Read more

Next-gen bank launched in Australia

A new bank calling itself Australia’s first next-gen banking app has officially launched in Australia. ... Read more

Accounting apps market grows, but jury is out on effectiveness

The market for accounting apps in Australia has recorded more growth. While some are convinced of efficiency gains, othe... Read more

Mint Payments unveils bold new look

Australian-based Mint Payments has launched a new brand, new team and a new vision in its mission to make payments easie... Read more

Fintech poses threats to economic stability says IMF

International Monetary Fund and World Bank has warned that financial technology poses risk to global economic stability ... Read more

Cashwerkz brings onboard Gateway Bank

Deposit-taking institution Gateway Bank has joined the Cashwerkz platform to offer its term deposit products to Aussie i... Read more

Blockchain launching on ASX

An Australian blockchain company with anti-money laundering applications is set to launch on the ASX after a successful ... Read more

Financial advice app store opens this week

YTML will officially open the Seido financial advice app store at the AFA conference on the Gold Coast this week. ... Read more

Open banking driving fintech in Australia

According to Saxo Capital Markets, Australia is on the brink of a new wave in fintech development thanks to open banking... Read more

Innovation Centre launch in Sydney

A new Innovation Centre for Risk and Compliance has been launched by Accenture in Sydney to benefit financial services c... Read more

Sargon launches two new fintech products

Financial technology company Sargon has made some big changes for its fifth anniversary, including a launch of two new p... Read more

New AI launched for traders

Global network Liquidnet has launched a new artificial intelligence into the Australian market that will allow for ‘tr... Read more

ASIC announces two international fintech agreements

ASIC has signed a cooperation agreement with two international trading commissions to cooperate and support innovation i... Read more

GoCardless expands into Australia

The UK fintech GoCardless has announced plans to open in Melbourne to offer small businesses a better way to collect pay... Read more

Cashwerkz receives funding boost

The directors of Trustees Australia Limited have raised new capital to help further develop the Cashwerkz Platform. ... Read more

New executive team for leading fintech business

Fintech innovators Stone & Chalk have appointed a new chairman and a suite of new board members as it transitions ou... Read more

Australian Fintech sector expanding: PYCO

The Australian fintech sector is growing rapidly and looking outside Australia for developers says PYCO Group. ... Read more

OpenSparkz chosen for Mastercard’s Start Path program

Fintech OpenSparkz has been one of four Australian start-ups to be chosen by Mastercard for its global Start Path progra... Read more

Fintech’s outpacing banks in payment systems

Non-bank mobile payment systems are now being used by more Australians than bank-owned solutions according to a new repo... Read more

FinTech Australia CEO resigns

Brad Kitschke has resigned from his position as CEO of FinTech Australia citing health reasons, with the peak body now s... Read more

BPAY Group launches new fintech company

A new fintech business has been launched by BPAY Group as part of its expansion, with the company moving beyond just off... Read more

Australian dollar-backed stablecoin launches

Digital currency exchange Bit Trade has partnered with blockchain company Emparta to launch the first Australian Dollar-... Read more

Digital boost to benefit financial planners

A recent collaboration between two tech companies will give financial advisers a boost in the race to digitalise their ... Read more

Banks will be left behind, warns Morgan Stanley

A new report released by Morgan Stanley has warned banks that they need to up their game or risk being left in the dust ... Read more

ATO updates crypto guidance

The ATO has updated its guidelines on the tax treatment of cryptocurrencies, including issues on exchanging one cryptocu... Read more

Facebook bot launched to target millennials

Raiz Invest, formerly Acorns Australia, has released a Facebook chatbot as part of a larger play in engaging millennial ... Read more

Westpac combines emergent tech in ‘global first’ POC

The major bank has successfully integrated data analytics, artificial intelligence (AI), internet of things (IoT) and bl... Read more

Carnell releases SME guide to borrowing from fintechs

A new small business guide to borrowing from fintech lenders has been published by the ASBFEO. ... Read more

New digital tool to connect investors to the digital world

Link Group has unveiled new capabilities that will expand the way investors and shareholders engage with the group and i... Read more

Trust and security critical for the future of payments technology

Payments technology provider Stratus Technologies has stressed that Australian financial institutions must focus on resi... Read more

Fintechs sign on to code of practice

 Six fintechs have signed the Code of Lending Practice to bring transparency and clarity to the SME lending space.  ... Read more

New marketing platform launches for brokers

Finance aggregator Connective has announced the launch of a new marketing platform for brokers to automate client engage... Read more

NEX launches new end-to-end solution

A new solution for derivatives transaction and position reporting under ASIC’s reporting requirements has launched in ... Read more

Fintech facilitator launches new identity verification technology

An Australian law practice has launched a new ‘digital verification of identity’ solution to deliver an inexpensive ... Read more

Neo bank partners with digital banking platform

Judo Capital has partnered with Temenos for its digital banking platform as it launches its bank in the Australian SME s... Read more

IXUP appoints new chief executive

The data software company IXUP has appointed a new chief executive to push growth for the company. ... Read more

New report optimistic about impact of AI

A new report by the McKinsey Global Institute is optimistic about the potential of AI to contribute to global economic ... Read more

Blockchain delays for the ASX

A new commencement date has been set for the implementation of the latest blockchain technology that will power the ASX ... Read more

Advice Intelligence launches new product

A new product is being launched by software provider Advice Intelligence to remove paraplanning from the advice process.... Read more

CDR legislation ‘contentious’, ‘watered down’: law firm

Law firm Ashurst partner Tim Brookes has outlined aspects of the Consumer Data Right draft legislation which he has desc... Read more

The Blockchain Centre moves into Stone & Chalk

Blockchain start-up hub Blockchain Centre has moved into Stone & Chalk Melbourne, based in the Goods Shed North in D... Read more

Innovation themes hitting a ‘tipping point’: Ark IM

Blockchain, automation and robotics, and next generation internet have been earmarked as some of the “innovation platf... Read more

Xinja to use IRESS for home loan processing

Xinja will be the first digital lender to use IRESS to process home loans as the fintech company expands into the mortga... Read more

Tyro integrates with Alipay

The business-only bank Tyro has announced that it is integrating with the world’s largest mobile and online payment pl... Read more

Afterpay raises $117m to fund global growth

Afterpay has taken another step in its plans for global expansion after having closed a capital raising round at $117 mi... Read more

Investors back CBA-made blockchain bond with $110m

Major institutional investors have demonstrated their support — to the tune of $110 million — for a bond based on ... Read more

Tech sector leads Australian M&A activity

The technology sector has experienced the most M&A activity in Australia in the last three months, kudos to US... Read more

Big banks’ slow NPP rollout ‘disappoints’ RBA

The Reserve Bank of Australia’s financial system assistant governor Michele Bullock has expressed her disappointment a... Read more

Fintech award win puts spotlight on MoneyMe

One year on, Optus My Business Award Fintech Business of the Year Award 2017 winner Clayton Howes reveals how winning th... Read more

New partnership to enable bill payments using cryptocurrency

A new partnership between two tech companies will soon allow for users across Australia to pay bills with cryptocurrency... Read more

European fintech firm opens first Australian office

A leading European fintech firm for global transaction services has opened its first Australian office to capture and se... Read more

SocietyOne interim CEO gets top job

Marketplace lender SocietyOne’s interim boss Mark Jones will occupy the position on a more permanent basis going forwa... Read more

Artificial intelligence to test customer loyalty

A new report has found that developments in artificial intelligence, which will see bank-switching become a more fric... Read more

CDR legislation open for consultation

Draft exposure legislation for the Consumer Data Right, which will enable open banking, has been released by the g... Read more

Mobile payments booming in APAC e-commerce

Payments using mobile phones and digital wallets are rapidly displacing traditional methods in the Asia-Pacific e-commer... Read more

Aussie fintechs to join 12-week mentorship program

Sydney-based fintech firms Checkbox.ai and Hyper Anna have been selected to participate in Accenture’s 2018 FinTech In... Read more

Even playing field needed for ‘diverse’ banking sector

Australian banking sector leaders have called for a fairer playing field for both small and large banking entities... Read more

SAP to power digital-only ‘neobank’

New banking hopeful Xinja has chosen software giant SAP to power its banking platform, which has been designed solely fo... Read more

ACCC should champion competition, says PC report

The Australian Competition and Consumer Commission should be designated regulator to monitor and promote more comp... Read more

Finance leaders disrupted by digitalisation

New research has shown that Australian leaders in the financial services sector are acknowledging the impact of di... Read more

Raiz Invest shores up cyber security

Raiz Invest, formerly Acorns Australia, has selected US-based cyber security company Versive Security Engine to bolster ... Read more

New platform to be the ‘Spotify’ of investing

Soon-to-launch investment platform Pearler Investments intends to help build the confidence of first-time investors by m... Read more

Investment in APAC fintech hits record highs

The first half of 2018 saw investment into fintech in the Asia-Pacific region soar to US$16.8 billion thanks to the US$1... Read more

Royal commission live blog: superannuation

Follow all the action from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services ... Read more

More super fund members intending to switch

Intentions to switch super funds are at an all-time high despite rising member satisfaction with superannuation, ... Read more

Finance sector data breaches quadruple

Data breaches in the Australian finance sector has risen by 450 per cent since the April quarter, according to ... Read more

New players needed in Big 4 banking sector

Treasurer Scott Morrison has outlined the government’s thoughts on the Productivity Commission’s final report into c... Read more

Zuper creates new digital super platform

Retail superannuation fund Zuper has launched a new platform allowing members to invest in global trends of their choosi... Read more

CBA conducts trade experiment with Ethereum blockchain

The Commonwealth Bank of Australia has harnessed distributed ledger technology in collaboration with supply chain partn... Read more

Most Australians in the dark about open banking

New statistics has revealed that open banking remains largely unknown to the wider Australian population – and 2 in 3 ... Read more

Grow Super cuts new parents’ super fees

Millenial-focused superannuation fund Grow Super has announced it has slashed superannuation fees for six months for new... Read more

Atlassian quarterly revenue up 40%

Australian fintech ‘unicorn’ Atlassian has announced quarterly revenue of US$244 million as well as a new partnersh... Read more

Payments disruptors seen as biggest fintech threat

Bankers around the world are particularly concerned about the threat that new market entrants in the payments space will... Read more

Australia reappears in global innovation’s top 20

Australia has leapt from 23rd rank to 20th in this year’s Global Innovation Index, making a comeback to the top 20. ... Read more

New budgeting tool harnesses open banking data

Illion has created a new online budgeting tool that will give customers free access to their banking data as well as the... Read more

Eftpos appoints new chairman

Eftpos has appointed board director and former Mastercard executive, Leigh Clapham, to the role of chairman. ... Read more

Australian Payments Council appoints new chairman

APEC Business Advisory Council member Robert Milliner has been appointed as the new chairman of the Australian Payments... Read more

Stone & Chalk offices merge into ‘mega hub’

Fintech start-up incubator Stone & Chalk’s Melbourne and Sydney offices will cease operating as stand-alone entiti... Read more

Blockchain to disrupt insurance industry

The insurance industry could be disrupted by blockchain technology currently underpinning cryptocurrency transactions, s... Read more

FinTech Australia hires head of community and partnerships

Stone & Chalk community manager Rebecca Shot-Guppy is set to join the peak industry body in August. ... Read more

Illicit cryptomining ‘a threat for years to come’

Hackers are silently co-opting their victims’ computers and using them to mine cryptocurrency, with digital coin Mone... Read more

WealthO2 goes past $500m FUA

WealthO2, a platform that provides managed account, MDA, managed fund and superannuation services, has passed $500 mill... Read more

Payments sector set for more scrutiny, warns RBA

The Reserve Bank of Australia has indicated it will be paying much closer attention to the systemic risks within the r... Read more

Super start-ups winning on tech

The new breed of retail superannuation funds is leaving incumbent competitors for dead when it comes to technology. ... Read more

Data Standards Body advisory committee named

The members of the committee that will advise the Data Standards Body to the Consumer Data Right have been named, with e... Read more

Airwallex finalises US$80m funding round

Payments fintech Airwallex has closed its series B fundraising round at US$80 million, with the new capital to go toward... Read more

Raiz Invest to launch super product

‘Spare change’ investment app Raiz Invest will release a superannuation product on 16 July following the completion ... Read more

volt bank inks deal with Verrency

Australia’s first digital-only bank volt bank has signed a deal to use payment services provider Verrency’s platform... Read more

Kyckr raises additional $5m in capital

ASX-listed ‘know your customer’ regtech provider Kyckr has raised $5.3 million via a placement from a small group of... Read more

Fintech leader recognised at Young Leaders in Finance Awards

The winners of the Young Leaders in Finance Awards have been revealed, with a number of fintech community members among ... Read more

Digital bank 86 400 takes aim at majors

Three banking veterans have launched a new digital bank called 86 400 that is fully funded by payments company Cuscal. ... Read more

Fintech won't replace advisers: AstuteWheel

The role of financial advisers is unlikely to ever be displaced by software where the delivery of comprehensive life in... Read more

Advisory group to be created by FinTech Australia

FinTech Australia has indicated it will establish a Consumer and Small Business Advisory Group to bring together industr... Read more

Fintech lenders sign online lenders code

Australian online lenders Prospa, OnDeck, Spotcap, GetCapital, Moula and Capify have signed a code of best practice to ... Read more

Novatti wins contract with Middle Eastern bank

Melbourne-based payments fintech Novatti has partnered with Middle Eastern bank Banque Berno Saudi Fransi to help provid... Read more

Blackbird Ventures advocates for start-up code of conduct

Blackbird Ventures, alongside other major tech accelerators and start-up hubs, has committed to a code of conduct to pr... Read more

NSW budget lightens tax load on small businesses

The NSW government has announced budget measures that will see the payroll tax lifted, benefiting more than 5,000 small ... Read more

Fintech to ‘break apart’ universal banking: Moven CEO

The “breaking apart of the whole universal banking model as a concept” will happen thanks to fintech platforms an... Read more

Finnie Awards 2018 winners announced

The winners of FinTech Australia’s second annual fintech sector awards, the Finnie Awards, have been named. ... Read more

Alibaba Cloud increases Aussie fintech footprint

Alibaba Cloud, the Chinese internet giant’s cloud computing arm, has inked a deal with domestic technology provider TA... Read more

FinTech Australia undergoes board shake-up

Five of FinTech Australia's directors — including its chair — will step down from the board, with the new board f... Read more

ASIC scrutiny good for fintech sector: Moody's

The close attention of ASIC that prompted Prospa to scuttle its IPO will ultimately work out well for the fintech small ... Read more

ASIC, APRA to invest in ‘SupTech’

With the corporate and prudential regulators looking to incorporate ‘supervisory technology’ into their operations, ... Read more

Government appoints specialists to assist regional hubs

The government will appoint four ‘specialists’ to assist innovation incubators and accelerators located in regional ... Read more

Monash Uni releases four fintech research papers

The Monash University-based Australian Centre for Financial Studies (ACFS) has released four research papers assessing t... Read more

Brighte raises $18.5m in series B round

Energy credit provider Brighte has raised $18.5 million in a series B funding round led by Airtree Ventures that include... Read more

Sydney blockchain hub launched

Sydney fintech co-working space Tank Stream Labs has partnered with Blockchain Professionals Sydney to launch a new bloc... Read more

Digital bank volt to run on Temenos software

Australia’s first purely digital bank Volt bank has chosen to run its operations on cloud-based technology from global... Read more

Spaceship launches two low-cost funds

Online-only super fund Spaceship has launched two low-cost funds after it paid a fine for misleading its clients last m... Read more

Kids' financial literacy program reaches 6,000

Banqer, a digital financial literacy program sponsored by ASX-listed wealth management technology firm Netwealth, has... Read more

Treasury appoints Data Standards Body chair

Treasurer Scott Morrison has appointed an independent chair to the Data Standards Body, which will oversee the open bank... Read more

Investors see AI in their future

More than half of Australian institutional investors foresee adoption of artificial intelligence technology into financi... Read more

Australia can be a ‘world leader’ in regtech: ASIC

ASIC chairman James Shipton has outlined his vision for Australia to be at the forefront of global regulatory technolog... Read more

Western Union still cagey about Ripple testing

Global remittances giant Western Union is remaining tight-lipped about its relationship with Ripple despite loudly procl... Read more

Fintech and cybersecurity delegation to head to London

A delegation of more than 60 Australian industry leaders in the areas of fintech and cyber security will head to London ... Read more

Stone & Chalk Sydney hires general manager

The fintech hub has appointed Marie-Anne Lampotang to the position of general manager for its Sydney office. ... Read more

Finnie Award finalists announced

Industry body FinTech Australia has unveiled the 89 finalists for its fintech awards. ... Read more

FinTech Australia appoints new CEO

The industry body has named former Uber head of public policy and government relations Brad Kitschke as its new chief e... Read more

Young Leaders in Finance finalists announced

Momentum Media has unveiled the finalists for the inaugural 2018 Young Leaders in Finance Awards. ... Read more

Tech summit to empower Indigenous entrepreneurs

A 100-strong delegation of Aboriginal and Torres Strait Islander youth will participate in the inaugural First Nations Y... Read more

Centralised companies protected from blockchain disruption

Firms that enjoy high switching costs, scalability and a network effect may be safer from the disruptive threat of blo... Read more

Digital bank Volt swipes first restricted ADI licence

APRA’s first restricted ADI licence has been released to digital bank Volt, which is led by former Barclays UK managin... Read more

Open banking regime to kick off July 2019

Recommendations made in the final report of Treasury’s commissioned review into open banking will be implemented mid-n... Read more

Spaceship hires compliance experts to appease ASIC

Spaceship has beefed up its compliance team with four finance sector appointments after ASIC fined the Millennial-focuse... Read more

Block.one appoints CBA executive

Commonwealth Bank chief financial officer Rob Jesudason has resigned with immediate effect to lead Hong Kong blockchain... Read more

Government sets aside $138m for innovation and fintech

The government’s 2018-19 federal budget has pledged $138 million to open banking, digital identity programs, blockchai... Read more

Target retirees, not Millennials, fintechs told

Despite large amounts of venture capital money flowing into Millennial-focused fintech businesses, the sector would be b... Read more

ASX targets 2020-21 for CHESS replacement

The ASX is targeting a go-live 'Day 1' for its blockchain-powered replacement for CHESS of between late 2020 and early ... Read more

Dodgy ICOs in ASIC's sights

The corporate regulatory has been granted powers to take action against misleading marketing or selling of virtual toke... Read more

Investible VC fund raises $10m

Investible, an early-stage venture capital fund, has confirmed the close of its early-stage funding round. ... Read more

TIQK to launch 'best interests duty' function

Financial advice regtech firm TIQK has developed an automated 'best interests duty' compliance function, with beta testi... Read more

Rest superannuation chatbot integrated with Google Home

Industry superannuation fund Rest has made its virtual assistant available on Google Home devices to allow spoken suppor... Read more

Saxo Bank to run banking platforms on Microsoft Cloud

Danish investment bank Saxo Bank has struck up a partnership with Microsoft Cloud and will run its banking, trading and ... Read more

Tech firm Metamako acquires US hardware company

Network technology solutions provider Metamako has acquired Chicago-based network device business xCelor. ... Read more

Tech sector marred by Facebook, Google

A growing lack of trust in a handful of major tech companies, such as Facebook and Google parent Alphabet, is threatenin... Read more

City of Sydney council dedicates $80,000 to start-ups

The City of Sydney is boosting the local start-up industry by providing $80,000 in cash grants to technology entrepreneu... Read more

Acorns Australia rebrands as Raiz Invest

Micro-investment platform Acorns Grow Australia will be rebranded ‘Raiz Invest’ following Instreet Investment's mo... Read more

Moneytree announces 'bug bounty' program

Data aggregation and portability platform Moneytree has invited Bugcrowd users to identify vulnerabilities across its we... Read more

‘Silicon Valley mindset’ not right for super start-ups

Fintech-enabled superannuation fund Spaceship has been fined by the corporate regulator in a move one industry commentat... Read more

Cryptocurrency to be regulated by AUSTRAC

Financial intelligence agency AUSTRAC has implemented new laws that will see it regulate digital currency exchanges oper... Read more

NAB launches cloud computing training

NAB has launched a new training program in partnership with Amazon Web Services that will specialise in cloud computing.... Read more

No ‘tech bubble’ on the horizon: Lonsec

Fear about a looming “tech bubble” to rival the late 1990s bust is overblown, according to research house Lonsec. ... Read more

Melbourne moves up a notch in fintech rankings

Sydney has dropped one place in its position in the top 10 of the world’s financial centres while Melbourne has moved ... Read more

Spaceship slapped with $12,600 fine

Corporate regulator ASIC has slapped fintech super fund Spaceship with a $12,600 penalty after the regulator found its m... Read more

Blackbird Ventures gets $225m capital injection

Venture capital firm Blackbird Ventures has been given a $225 million capital injection from a number of prominent insti... Read more

Novatti launches China-Australia payments platform

Financial technology developer Novatti has launched a new bill payments platform that allows residents and tourists in C... Read more

Look to PE, VC funds for returns, says fintech panel

A panel of fintech industry experts hosted by wealth management firm Crestone Wealth Management has pointed to private ... Read more

Prospa appoints new chairman

Online lender Prospa has expanded its board with two new appointments and named a new chair. ... Read more

Crypto execs detained in Korea

A number of executives from two Korean cryptocurrency exchanges have been detained for alleged embezzlement and fraud. ... Read more

'Cryptocurrency' is a misnomer, says RBA

'Cryptocurrencies' are useless as payment systems, and there is no demand for them coming from the Australian financi... Read more

Open banking can lower client costs: Xinja

An open banking regime that applies to all products offered by a financial adviser can reduce the cost of advice and ... Read more

DXC Technology establishes hub at Stone & Chalk

Global IT services company DXC Technology has partnered with Stone & Chalk to establish a new hub for its client tea... Read more

Fintech industry hails ‘UK-Australia FinTech Bridge’

The Federal government has announced a new agreement to deepen ties with UK fintech industries, regulators and governmen... Read more

Fintech Business Awards 2018 winners revealed

The winners of the second annual Fintech Business Awards were announced in a ceremony in Sydney last night. ... Read more

Thomson Reuters lists top fintech trends

Thomson Reuters has pledged to support innovation in the fintech sector and identified a few key areas to watch as the e... Read more

Fintech SME lending doubles in four years: report

The percentage of SMEs seeking funding from non-bank options has doubled since 2014, a new report has found. ... Read more

ASEAN-Australia Codeathon concludes

The first ASEAN-Australia Codeathon held in Sydney last week saw Asia-Pacific coders vying to create the most innovative... Read more

Visa scheme pilot to minimise talent shortfall

The Federal Government will pilot a new visa scheme later this year to attract highly skilled global talent to help driv... Read more

Afterpay appoints new group CFO

Afterpay has named a former executive of a gambling machine manufacturer as its incoming chief financial officer. ... Read more

Tyro launches 'Tap & Save' for merchants

Tyro Payments has launched its 'least-cost routing' contactless payments network ahead of the government's recommended 1... Read more

AtlasTrend launches voice-activated investment bot

Investment platform AtlasTrend has launched an artificial intelligence-powered investment assistant that allows investor... Read more

FinTech Australia exit 'personal': Szetho

FinTech Australia chief executive Danielle Szetho has outlined her reasons for leaving the top role at the industry body... Read more

Employers should pay for tech training: Salesforce

An overwhelming majority of employees believe their employers should shoulder the costs associated with upskilling for j... Read more

FinTech Australia CEO steps down

Industry association FinTech Australia is searching for a new chief executive following the abrupt resignation of Daniel... Read more

Fintech category announced for Young Leaders in Finance Awards

Momentum Media, publisher of Fintech Business, is launching the Young Leaders in Finance Awards to showcase emerging tal... Read more

Fintech SME lenders push for self-regulation

The fintech business lending sector has released a joint report with the small business ombudsman that makes the case f... Read more

BrickX receives funding from NAB Ventures

National Australia Bank (NAB)’s corporate venture capital arm has invested an undisclosed amount in real estate invest... Read more

Nod raises $750,000 from advice leaders

Artificial intelligence-enabled fintech start-up Nod has raised $750,000 in capital as part of a funding round to suppor... Read more

Fintech helping to reduce compliance costs

Regtech is reducing the compliance burden for financial advice businesses, according to data analytics firm GlobalData... Read more

Reckon Loans passes $10m milestone

Reckon Loans, the collaboration between cloud accounting firm Reckon and fintech lender Prospa, has broken the $10 milli... Read more

ANZ takes stake in Data Republic

ANZ has announced it is investing in data exchange technology platform Data Republic. ... Read more

Blockchain centre launched for law firms

Software firm R3 has launched a blockchain centre aimed at engaging the legal sector on how to best utilise distributed ... Read more

Thomson Reuters named Fintech Business Awards 2018 principal partner

Momentum Media, publisher of Fintech Business, has announced Thomson Reuters as principal partner for the Fintech Busine... Read more

CBA introduces Samsung Pay

Commonwealth Bank of Australia (CBA) customers can now make cardless payments using their Samsung mobile devices or wear... Read more

Eftpos appoints new CEO

Debit card payment firm Eftpos has recruited Westpac head of consumer finance and payments as its next chief executive. ... Read more

Instant payments arrive as NPP launches to public

The New Payments Platform has been publicly launched, paving the way for banks and fintech companies to begin making rea... Read more

Sydney Startup Hub officially opens

The new Sydney Startup Hub opened its doors on Wednesday, 14 February, with tenants including the likes of Microsoft, St... Read more

CBA announces credit card cryptocurrency ban

The Commonwealth Bank of Australia has banned the purchase of cryptocurrencies using credit cards. ... Read more

Moneysoft partners with Managed Accounts

Managed Accounts Holdings clients will now be able to access Moneysoft’s personal finance technology solutions at disc... Read more

Spotcap awards fintech scholarship

SME lender Spotcap has announced the winner of its inaugural Fintech Scholarship, worth $10,000. ... Read more

Tech a ‘disruptive and pervasive’ global trend

Technology has become one of the most important macroeconomic trends driving markets, according to Epoch Investment Part... Read more

Open banking report released

The government has released a report into open banking that makes 50 recommendations about the best way to implement a ... Read more

Finalists announced for Fintech Business Awards

The finalists for the 2018 Fintech Business Awards have been revealed by Momentum Media, the publisher of Fintech Busine... Read more

Macquarie adds wealth to banking app

Macquarie has added wealth accounts to its digital banking app, bringing users’ share portfolios alongside everyday ba... Read more

Finance executives worried about AI

As many as 83 per cent of financial sector business leaders say they are concerned artificial intelligence could see th... Read more

Six Park raises $1.9m, signs SMSF deals

Robo-advice provider Six Park has entered into agreements with SMSF administrators Heffron and Class following the comp... Read more

Regulation of cryptocurrency at ‘embryonic stage’

Though the Australian Treasury and the ATO have been thinking about regulation of cryptocurrencies, it is still early da... Read more

FinTech Australia partners with Hong Kong counterpart

Industry association FinTech Australia has signed a memorandum of understanding with the FinTech Association of Hong Kon... Read more

Big four partner moves to Prospa

A former KPMG partner has taken up the role of head of group capital management at online small business lender Prospa.... Read more

Two new Melbourne fintech hubs launched

The Victorian government has partnered with hub operators Stone & Chalk as well as YBF Ventures to launch two new fi... Read more

Decimal receives $867,000 investment

IFM Investors has increased its shareholding in Decimal to 15 per cent, building on its original 6.5 per cent investment... Read more

Bankwest launches payment rings

Bankwest customers will now be able to use touch and go payment rings to make purchases after bank staff developed and t... Read more

FinTech Australia appoints new chair

FinTech Australia has revealed the identity of its new chair as Simon Cant steps down from the position. ... Read more

Tyro appoints new CEO

Tyro has named Tatts Group boss Robbie Cooke as its new chief executive, filling the vacancy created by Gerd Schenkel... Read more

Banks begin to embrace Amazon’s Alexa

NAB and Westpac have announced that their customers can now make queries about their balance and transactions through Am... Read more

CBA launches AI chatbot

The Commonwealth Bank of Australia is in the process of rolling out its artificial intelligence chatbot, which will assi... Read more

Illion acquires Provisio in open banking play

Analytics firm and credit information bureau Illion has acquired fintech firm Provisio, an automated bank statement retr... Read more

AUSTRAC Codeathon to fight terrorism financing

AUSTRAC has announced it will host the first ASEAN-Australia Codeathon in Sydney in March to help develop digital soluti... Read more

zipMoney appoints non-executive director

Payments solution provider zipMoney has welcomed a Westpac general manager to the role of non-executive director on its ... Read more

SuperEd finalises $5m funding round

Online advice company SuperEd has completed a $5 million funding round that included Macquarie veteran Mark Johnson. ... Read more

Trade Ledger signs deal with TradePlus24

Business lending risk platform Trade Ledger has been selected as the Australian partner of Credit Suisse-backed lender T... Read more

Tencent breaks into financial services

Tech giant Tencent has been granted a licence to distribute managed funds to the 1 billion people who use its social med... Read more

ASIC hands out 7 crowdfunding licences

The corporate regulator has licensed the first seven intermediary firms under the government’s new crowd-sourced fundi... Read more

Kyckr signs deal with payments provider

ASX-listed RegTech company Kyckr has signed up a global payments provider in a deal that is worth $150,000 a year in rev... Read more

Cryptocurrency interest spikes in late 2017

Google search trends and Twitter mentions of the top three digital currencies spiked in the last two months of 2017, ref... Read more

Shared definitions vital for RegTech to flourish

The financial advice sector must agree on a set of shared definitions for key terms if it is going to benefit from the n... Read more

Pushpay brings revenue target 3 months forward

Mobile payments provider Pushpay has announced it has achieved its US$100 million annualised committed monthly revenue t... Read more

Fintech Business Awards provides ‘exposure and credibility’

Fintech Business caught up with some of the winners of the 2017 Fintech Business Awards to find out what industry recogn... Read more

Aussies stuck in cyber security limbo

Australians are concerned about cyber security but don’t necessarily know what to do about it, according to research f... Read more

ASIC expands Canadian fintech ties

ASIC has announced a new co-operation agreement with Canadian regulators that will broaden the existing framework betwee... Read more

Superannuation chat bot launched

Financial services administrator Mercer has launched an AI-driven chat bot that will interact with users via the Faceboo... Read more

SuiteBox adds photo ID to signature

Digital workspace services provider SuiteBox has announced the new feature of photo capturing during the signing of digi... Read more

‘Speculative mania’ driving bitcoin: RBA

Reserve Bank of Australia governor Philip Lowe says that bitcoin is unlikely to ever become a legitimate currency due to... Read more

NAB Labs to make 35 tech hires

NAB has pledged to increase the number of people working in its innovation hub, known as NAB Labs, by 70 per cent throug... Read more

Anti-money laundering regulation extended to cryptocurrencies

The Australian Senate has passed legislation that includes digital currency exchanges in its anti-money laundering and c... Read more

Tyro to lower fees for ‘tap and go’

The Tyro payment network will shift to a ‘least-cost routing’ method in the first quarter of 2018 in an effort to re... Read more

ASX embraces blockchain technology

The ASX has announced it will replace its cash equities clearing and settlement system (CHESS) with a blockchain solutio... Read more

Sniip signs deal with Australia Post

Payments fintech Sniip has entered into a nationwide agreement with Australia Post that will allow consumers to pay bill... Read more

Calastone targets 2019 for blockchain

Calastone will move its mutual funds network onto blockchain technology in 2019 following a successful proof-of-concept.... Read more

90 Aussie start-ups make ‘Fast 500’

Deloitte's 2017 Asia Pacific Technology Fast 500 list includes 90 Australian start-ups, compared to 119 Chinese companie... Read more

Transaction costs could burst the bitcoin bubble

Steadily increasing transaction costs could signal that the bitcoin bubble is due to pop, according to derivatives marke... Read more

Stone & Chalk ends member representation

Start-up residents of Stone & Chalk will no longer be eligible for election to the board after the fintech hub succe... Read more

Zagga launches alternative growth fund

Marketplace lender Zagga has launched a new fund for wholesale investors in response to investor and borrower demand. ... Read more

Fintech Business Awards submissions open

Submissions are open for the second annual Fintech Business Awards, which will recognise innovation and entrepreneurs. ... Read more

Fintech leading NSW start-up sector

The fintech sub-sector has raised the most capital of all start-up verticals in NSW, according to a new report. ... Read more

Financial advisers assess fintech threats

The Financial Planning Association (FPA) has released a new whitepaper that maps the current fintech ecosystem against t... Read more

Differentiate or fail, start-ups warned

A fintech start-up hoping to gain customers will not succeed if what they offer is only “two times better” than what... Read more

Australia and Dubai to co-operate on fintech

Financial regulator ASIC and the Dubai Financial Services Authority have signed an agreement to better understand financ... Read more

‘True holistic disruption’ hard to come by

Fintech entrants have had little impact on the superannuation industry, merely “enhancing rather than disrupting” t... Read more

SelfWealth begins trading on ASX

Australian fintech company SelfWealth has officially listed on the ASX today following the close of its $7.3 million IP... Read more

Mastercard announces Sydney tech hub

Mastercard has announced it will relocate its Sydney employees next year to one of five Global Tech Hub and Innovation C... Read more

Reinventure invests in BRICKX

Reinventure, Westpac's venture capital fund, has made an investment in shared property investment platform BRICKX. ... Read more

South-east Asian fintech sandbox launched

An ‘industry fintech sandbox’ has been launched by the ASEAN Financial Innovation Network to encourage collaboration... Read more

P2P loans could spark next subprime crisis

Delinquency rates in the US peer-to-peer loan market bear a “striking” resemblance to the pre-GFC subprime mortgage ... Read more

Australian fintech firms rank among global 100

Ten of Australia’s fintech companies have been found to be among the world’s 100 best, according to a report. ... Read more

IPO Wealth raises $10m

Fintech start-up IPO Wealth, which aims to help overseas companies list on the ASX, has raised $10 million from high-net... Read more

CBA to increase tech recruitment

The Commonwealth Bank has revealed plans to create new innovation, analytics and data-based roles following rival NAB... Read more

Fintechs won’t topple big banks: Spectrum

Fintech firms are putting pressure on Australia's dominant institutions, but the dominance of Australia's big banks is n... Read more

NAB seeks to ‘do better’ than fintech sector

As the major bank transitions towards digitisation, NAB is seeking to “immediately” fill 600 newly created positions... Read more

Sydney to host global tech entrepreneurs

Sydney council is launching a two-week program that will give the local start-up community a chance to interact with i... Read more

SelfWealth aims for $7.5m IPO

Online broker SelfWealth has announced the launch of an initial public offering, hoping to raise $7.5 million and enhanc... Read more

Look for ‘visionaries’, former ANZ boss tells founders

Banks are willing to collaborate with and invest in innovative fintech, but entrepreneurs need to ensure they are pitchi... Read more

Aussie fintech revenue growth up 208%

Median monthly revenue growth for Australian fintech companies jumped by 208 per cent over the year to June 2017, accord... Read more

Power and greed ‘corrupting’ fintech

The global fintech sector needs to avoid the traps of “power and greed” as it develops, says the so-called godfather... Read more

Mandatory credit reporting regime announced

Treasurer Scott Morrison has today confirmed that the federal government will impose a mandatory credit reporting regime... Read more

Government announces fintech tax changes

The federal government has released draft legislation it says will ensure fintech start-ups can access venture capital i... Read more

ANU launches cyber institute

The Australian National University has launched a new interdisciplinary institute that will focus on cyber security and ... Read more

ASIC signs fintech agreement with Switzerland

ASIC has signed a new fintech co-operation agreement with the Swiss Financial Market Supervisory Authority. ... Read more

Regulatory sandbox to be ‘enhanced’

The government released exposure draft legislation last week to “enhance” the fintech regulatory sandbox. ... Read more

SocietyOne to report positive credit data

SocietyOne has announced it will join a handful of lenders who are voluntarily reporting ‘positive’ credit data ahea... Read more

Westpac launches ‘wearable’ payments tech

Westpac has announced the launch of a tap-and-go wearable payment technology line. ... Read more

Double taxation of cryptocurrency scrapped

The Australian government has removed the double taxation of digital currencies in a move that could make Australia the... Read more

Trade Ledger targets bank lending data gap

New Stone & Chalk fintech Trade Ledger is looking to connect banks directly to business supply chain data in order t... Read more

Insurtech industry association launched

Insurtech Australia, a new industry association with the stated goal of representing and advancing Australian insurance ... Read more

Australia leading world in fintech adoption: KPMG

Australian financial institutions are ahead of their global peers in embracing fintech, according to KPMG. ... Read more

ASIC confirms New Zealand fintech agreement

Australia’s trans-Tasman fintech collaboration will continue to grow after ASIC confirmed an existing memorandum of un... Read more

Ripple’s blockchain network swells ranks

More than 100 financial institutions have now joined Ripple’s global payments network RippleNet, with AirWallex, Credi... Read more

Kyckr raises $2m via placement

ASX-listed regtech firm Kyckr has successfully raised $2 million via a share placement after the company added Bloomberg... Read more

Moneysoft launches ‘spare change’ feature

Financial management platform Moneysoft has launched a ‘round-up’ feature that will allow users to invest their spa... Read more

Map My Plan announces advice deal

Financial planning software start-up Map My Plan has signed an agreement with industry body the Association of Financial... Read more

Billionaires betting big on digital mortgage start-ups

Westpac’s $26 million gamble on an online brokerage is part of a global trend among venture capitalists and billionair... Read more

Myer launches Android and Apple Pay

Myer has made Android Pay and Apple Pay available to its customers via its new credit card. ... Read more

Blockchain expert appointed adviser to REFFIND

Software-as-a-service employment solutions provider REFFIND has appointed blockchain industry expert Matthew Hamilton as... Read more

MoneyBrilliant signs deal with advice firm

AMP-owned fintech platform MoneyBrilliant has entered into a new deal with Sydney-based financial advice firm Spring Fi... Read more

ANZ acquires ‘proptech’ start-up REALas

ANZ has acquired Australian property start-up REALas, which uses predictive analytics to model property prices. ... Read more

Rapper joins the cryptocurrency ruckus

Ghostface Killah, a rapper and member of iconic 1990s hip hop outfit Wu-Tang Clan, has helped launch a new cryptocurrenc... Read more

RateSetter completes $10.5m capital raising

Private equity firm Five V Capital has led a $10.5 million capital raising for peer-to-peer lender RateSetter Australia... Read more

IRESS makes $2m regtech investment

Financial services software company IRESS has made a minority equity investment in regtech and data analytics provider... Read more

Invoice lender Waddle expands to New Zealand

Australian fintech company and invoice financier Waddle has announced its expansion into the New Zealand market ... Read more

Australia overtakes Japan on alt finance

Australia is now the second-largest provider of alternative finance in the Asia-Pacific region behind China, having rece... Read more

'Spectacular collapse' tipped for bitcoin

Investing in bitcoin is “incredibly dangerous and very speculative”, warns Magellan’s Hamish Douglass – but the... Read more

Macquarie opens up API to third parties

Macquarie has become the first of the major banks to make its application programming interface (API) available to third... Read more

Digitisation is ‘dehumanising’ banking: Moroku

Incumbent banks are pouring money into artificial intelligence in an effort to reduce costs at the expense of the cons... Read more

Industry backs regtech liaison group

ASIC has made public industry feedback on its innovation hub, revealing strong support for its proposed regtech liaiso... Read more

New bill to extend crowdfunding to start-ups

The government has tabled legislation that will extend equity crowdfunding to private companies, which could open up t... Read more

Sydney retains top 10 fintech title

The release of the 22nd Global Financial Centre Index saw Sydney retain its position in the top 10 of the world’s fi... Read more

AI tech dominating cyber security

Artificial intelligence is fast becoming the best tool to detect cyber criminals, says security firm Aleron. ... Read more

Nothing ‘volatile’ about fintech growth

Far from being just a “spike”, the uptick in investment in Australian fintech during the second quarter of 2017 repr... Read more

Aussie payment fintechs headed to Singapore

Fintech companies Assembly Payments and CurrencyVue are headed to Singapore to take part in the SWIFT gpi Industry Chal... Read more

Macrovue hires new chief technology officer

Investment fintech Macrovue has appointed a chief technology officer as well as a new head of sales. ... Read more

Atlassian CEO backs energy fintech

Mike Cannon-Brookes has used his new venture capital firm, Grok Ventures, to lead a $4 million Series A raising for ener... Read more

Bankwest trials wearable payment tech

Four hundred employees of Bankwest are participating in a wearable payment technology trial that could see the bank roll... Read more

New app targets Chinese investors

Mobile app ‘Grei’ has been launched to provide online resources for Chinese-speaking Australians to allow better acc... Read more

DigitalX signs deal to develop bitcoin ATMs

Blockchain software provider DigitalX has signed an agreement with Stargroup to develop ‘two-way’ bitcoin ATMs acro... Read more

Ignition Wealth names investment committee chair

Robo-advice firm Ignition Wealth has appointed former Macquarie investment banker Simon Conroy to chair its investment c... Read more

NAB launches ‘virtual banker’ for SMEs

NAB has launched the pilot version of its artificial intelligence virtual assistant that will answer commonly asked bank... Read more

Australian quantum computing firm launched

UNSW has launched an $83 million private-public company that will seek to develop and commercialise a 10-qubit quantum i... Read more

RegTech a major ‘opportunity’, says Zurich

RegTech should be seen as an opportunity as it will lessen time spent on regulation and compliance and allow financial p... Read more

New IT procurement rules to boost fintech

The Coalition has announced a $100 million cap on government IT contracts, which is good news for smaller tech players... Read more

Fintech has made banking better: Deloitte

Customers have higher expectations of banks thanks to their engagement with new fintech players, according to a joint re... Read more

Cashwerkz merges with Trustees Australia

Term deposit marketplace Cashwerkz has merged with custodian and responsible entity Trustees Australia. ... Read more

CUA collaborates with Pivotus Ventures

CUA has announced it will be the Australian partner of US-based banking innovation fintech Pivotus Ventures. ... Read more

EFTsure signs deal with PwC

PricewaterhouseCoopers Australia has entered into an agreement with EFTsure to use the fintech start-up’s real-time pa... Read more

HashChing introduces broker analytics

Mortgage brokers who use fintech referral service HashChing will now have access to detailed performance data analytic... Read more

APRA to fast-track banking fintechs

The prudential regulator has proposed a restricted ADI regime that could see fintech start-ups providing banking service... Read more

Bitcoin hits record high of US$4,000

The value of bitcoin broke new records over the weekend despite a turbulent week for the cryptocurrency, while the valu... Read more

Fintech sector backs open banking consultation

Industry association FinTech Australia has welcomed the introduction of the government's open banking framework, calling... Read more

Tech leaders joining top ASX firms

The number of ASX100 companies with technologists in executive level positions has quintupled since 2011, according to ... Read more

Retirement Essentials goes direct-to-consumer

Antoinette Tyrell has joined Sydney-based fintech start-up Retirement Essentials as its new chief customer officer. ... Read more

Finalists for Women in Finance 2017 announced 

Some of the financial services industry’s leading executives and professionals have been named as finalists in the Wom... Read more

Westpac makes $40m investment in zipMoney

zipMoney has secured a $40 million investment from Westpac as the bank looks to roll out the point-of-sale credit servic... Read more

Regtech growth draws Lombard to Australia

Lombard Risk Management, a London-based regulatory firm, has built out its Australian team to meet the growing demand fo... Read more

Sydney fintech could soon rival Singapore

While Sydney lags behind Singapore and the rest of the world as a fintech leader, it “could potentially challenge Sing... Read more

IRESS announces upgrades to Xplan

Wealth management software provider IRESS has updated its financial advice software Xplan by streamlining access for use... Read more

Bitcoin's ‘hard fork’ becomes a reality

Bitcoin underwent its much-anticipated ‘hard fork’ this week and split into two cryptocurrencies: bitcoin and bitco... Read more

Australian insurers worried about ‘insurtech’

Half of Australian insurance industry executives are concerned about the effect of disruptive innovation on their busine... Read more

ASIC signs fintech agreement with Abu Dhabi

ASIC announced on Wednesday that it has inked a co-operation agreement with Abu Dhabi to bring the two fintech communiti... Read more

Card payments overtake cash: RBA

Australians are making more payments by debit and credit card than by cash, new research by the Reserve Bank of Australi... Read more

Funding barriers remain high for fintechs

Between 98 and 99 per cent of fintechs do not get considered for funding from investors, according to the ASX. ... Read more

Former Wallabies captain joins Stockspot

Robo-adviser Stockspot has recruited former Australian rugby captain and NAB senior manager Stirling Mortlock as a consu... Read more

Stone & Chalk to open Melbourne hub

Stone & Chalk has announced it will open a new co-working space in Melbourne to be led by former Fintech Victoria ch... Read more

Bitcoin start-up raises $815,000

Melbourne-based Bitcoin Australia has announced it has completed a Series A funding round, raising $815,000 to grow its... Read more

Ignition Wealth announces European expansion

Australian robo-adviser Ignition Wealth has announced its plans to to expand into Europe, appointing a senior executive... Read more

Fishburners CEO to step down

Sydney start-up incubator Fishburners has announced its chief executive Murray Hurps will step down on Friday. ... Read more

Automation threatening finance jobs

One in four finance professionals are worried that automation could cost them their jobs, according to a new LinkedIn su... Read more

‘First wave’ of technology is over: SapientRazorfish

The first wave of digital transformation has ground to a halt, according to digital consultant SapientRazorfish, and com... Read more

Bitcoin price plunges 24% in a week

The price of bitcoin has plummeted over the past week amid infighting about the future structure of the digital currency... Read more

Start-ups given a boost in regional Australia

Geelong will be the first city to showcase FoundX, a Crowe Horwath-backed national program aimed at giving regional st... Read more

MyState Bank rolls out Samsung Pay

MyState Bank is now offering Samsung Pay to its 100,000 customers, adding to its previous roll-outs of Apple Pay and And... Read more

NSW launches $35m start-up hub

The NSW government has announced the launch of a $35 million Sydney Startup Hub, which will become the new home of Ston... Read more

Secured marketplace lender launched

Zagga, a peer-to-peer lender formerly known as LendMe in New Zealand, has launched its secured lending platform in Austr... Read more

SocietyOne hits $300 million in loans

Westpac-backed marketplace lender SocietyOne has originated $312 in loans since it launched in August 2012. ... Read more

Westpac joins Swift's blockchain project

Westpac has been named among 22 global banks that will join Swift’s proof-of-concept to test whether blockchain techn... Read more

Banks facing a ‘Kodak moment’

Former Barclays chief executive Antony Jenkins has repeated his claim that fintech will substantially disrupt the tradi... Read more

DomaCom signs crowdfunded property deal

DomaCom has reached an agreement with a property developer to help launch a residential community land project in regi... Read more

Singapore’s Fundnel expands to Australia

Singaporean fintech investment platform Fundnel has set up shop in Adelaide, establishing close ties with the South Au... Read more

ASIC seals Malaysia fintech agreement

The Australian corporate regulator has signed an agreement with its Malaysian counterpart, providing a co-operation fram... Read more

Australian fintech take-up doubles in 18 months

More than one-third of consumers are now using a fintech product, putting Australia in the top five adopters of fintech ... Read more

Fintech no threat for China’s big banks

Chinese banks are in an unusually strong position, although you wouldn’t know it to look at their shares. ... Read more

APRA creates risk and data role

APRA has appointed Westpac's head of risk analytics to take up a new executive general manager role at the prudential re... Read more

SuperEd teams up with former Challenger exec

Paul Rogan, former chief financial officer of annuities provider Challenger, has announced the launch of his new fintech... Read more

Victorian government to launch fintech hub

The Victorian government has announced plans to establish a fintech hub at the Goods Shed North in Docklands, Melbourne.... Read more

Australian fintech 'map' released

FinTech Australia has published a new infographic mapping out its 119 members by category, providing a current ‘snapsh... Read more

Infocus updates adviser software

Financial planning dealer group Infocus Wealth Management has updated its financial practice management software with ... Read more

90% of users want biometrics, study finds

Over 90 per cent of users want biometric systems such as fingerprint scans to replace passwords, according to a new Oxf... Read more

Cuscal signs deal with Samsung Pay

Thirty-eight financial institutions will now offer Samsung Pay as part of an agreement between Samsung Australia and pay... Read more

ASIC signs fintech deal with Hong Kong

ASIC has reached an agreement with the Hong Kong Securities and Futures Commission (SFC) on financial innovation. ... Read more

Tyro Payments parts ways with CEO

Gerd Schenkel, the chief executive of Tyro Payments, has resigned after just eight months in the job. ... Read more

FinTech Australia unveils new-look board

Industry body FinTech Australia has appointed six new board directors in line with newly-instated gender and state repre... Read more

Kyckr enters US market with new deal

ASX-listed RegTech company Kycker has entered into a distribution arrangement with US company The Mizen Group. ... Read more

NAB Ventures invests in Canadian fintech

NAB Ventures has been the lead investor in a $32 million Series D funding round for Wave, a Toronto-based cloud fintech ... Read more

Spotcap reaches $50m lending milestone

After two years operating in Australia, Spotcap has now lent $50 million to small businesses across the country. ... Read more

SuiteBox wins contract with Aon

Fintech software SuiteBox will be rolled out across Aon’s Australian financial adviser network in a new deal announced... Read more

MoneyMe hits $100m in loans

Fintech start-up MoneyMe has broken through the $100 million mark with 100,000 loans provided since the company's incept... Read more

ASIC to form new RegTech committee

The corporate regulator has announced it will form a new body to promote the application of regulatory technology, or 'R... Read more

BPay’s Osko will replace ‘pay anyone’, predicts CEO

BPay’s real-time payments service Osko will eventually supersede the ‘pay anyone’ option within online banking, sa... Read more

‘Finnie’ award winners announced

The winners of FinTech Australia’s inaugural ‘Finnies’ have been unveiled at a ceremony in Sydney. ... Read more

RateSetter launches ‘green loan’ marketplace

Peer-to-peer lender RateSetter has received a $20 million cornerstone investment from the Clean Energy Finance Corporati... Read more

Afterpay expands into New Zealand

Retail payments platform Afterpay has announced a partnership with New Zealand classifieds website Trade Me. ... Read more

ASIC strengthens regtech commitment

The corporate regulator has outlined a number of steps it will take to support the development and adoption of regtech w... Read more

Technology threatening to sideline advisers

Financial advisers must start collaborating with the likes of Google and Facebook or risk becoming irrelevant “prett... Read more

Westpac restructures IT to offsite cloud

Big four bank Westpac has moved its core processing to an offsite private cloud as the bank looks to become more “agil... Read more

Right Click Capital appoints new associate

Ulric Ferner has been appointed as a new associate to Sydney-based technology venture capital firm Right Click Capital. ... Read more

Ripple’s XRP added to 6 exchanges

Ripple’s digital currency and payments solution XRP will be added to six blockchain exchanges in countries such as Ja... Read more

Ignition Wealth signs deal with BT Panorama

Automated advice provider Ignition Wealth has signed a major deal with big bank platform BT Panorama. ... Read more

Goodments platform to go live in July

H2 Ventures-backed start-up Goodments has targeted July 2017 as the ‘go live’ date for its sustainability-focused ... Read more

UBank launches IBM-powered ‘chatbot’

NAB’s online-only banking subsidiary UBank has launched an artificial intelligence ‘chatbot’ for home loans called... Read more

KPMG acquires Matchi platform

KPMG has acquired the fintech matchmaking platform Matchi, which connects financial institutions with fintech companies ... Read more

Fintech measures announced in federal budget

The fintech community has welcomed a number of initiatives contained in the federal budget handed down this evening. ... Read more

Acorns introduces machine-learning feature

Micro-investing firm Acorns has launched a new service that uses machine learning to provide users with an overview of t... Read more

Stockspot completes $3 million capital raise

Robo-advice provider Stockspot has closed a $3 million capital raise, with the funds intended to build the company’s d... Read more

Collaboration with incumbents limits potential

Fintech start-ups that collaborate with major establishment players are simply providing “digital lipstick” and rest... Read more

Gloves off in innovation policy debate

Shadow treasurer Chris Bowen has used a speech to fintech incubator Stone & Chalk to launch a blistering attack on ... Read more

Digital advice not a disruptive technology

Robo-advice services are more likely to maintain existing business models used by banks rather than be a disruptive inno... Read more

Tyro co-founder moves to Data Republic

Tyro Payments co-founder and former head of sales Andrew Rothwell has been named as the new chief operating officer of ... Read more

Airwallex completes US$13 million capital raise

Australian cross-border payments company Airwallex has completed a US$13 million series A funding round, one of the larg... Read more

Swift launches blockchain proof-of-concept

Financial messaging service provider Swift has launched a proof-of-concept in conjunction with a number of banks to test... Read more

Microsoft sponsors bills payment start-up

Melbourne-based fintech start-up Gobbill has received backing from Microsoft and the federal government’s Stay Smart O... Read more

Reinventure backs InDebted with seed funding

Westpac-backed venture capital fund Reinventure has participated in a seed funding round for debt management start-up In... Read more

Tyro Payments co-founder to depart

Australian payment provider Tyro Payments has announced co-founder and head of sales Andrew Rothwell will leave the busi... Read more

457 changes a ‘disaster’ for fintech sector

Recent changes to Australia’s 457 visa program for skilled workers are a “grave misstep” for the country’s inn... Read more

Early-stage start-up fund to raise $5m

Instreet is looking to raise $5 million in early-stage funding for Australian start-up companies from wholesale investor... Read more

Amazon targets Australian retail market

Online commerce company Amazon has confirmed it is planning to bring its retail offering to Australia. ... Read more

US robos move to ‘hybrid’ models

The largest US robo-advice companies are introducing humans into their advice models or launching ‘hybrid’ automat... Read more

Heritage Bank starts wearable tech trial

Heritage Bank has launched a customer trial of a new wearable payment device that links directly to users’ transactio... Read more

Sydney continues to climb fintech rankings

Deloitte has ranked Sydney as the eighth strongest fintech hub in the world, a marked improvement on last year’s ranki... Read more

CBA begins testing quantum computing simulator

The Commonwealth Bank has unveiled a quantum computing simulator it will use to develop applications ahead of the releas... Read more

Acorns in stoush over customer data

Investment app Acorns Australia has accused the Commonwealth Bank of attempting to stifle competition by preventing the ... Read more

Suncorp invests in insurance tech firm

Suncorp Group has participated in a $59.44 million Series D funding round for on-demand insurance platform Trov. ... Read more

Fintech could take 24% of bank revenue: PwC

Large financial institutions across the world could lose 24 per cent of their revenues to financial technology companies... Read more

SocietyOne breaks lending record

Marketplace lender SocietyOne has set a new record for marketplace lending, following steady growth in the first quarter... Read more

Banks denied by ACCC on Apple Pay

Australia's competition watchdog has determined that Australia's largest banks cannot collectively bargain with Apple an... Read more

UK fintech delegation announced

The winners of seven supported places in a fintech mission to the UK have been announced by the Australian British Chamb... Read more

ANZ to introduce voice biometrics

ANZ will introduce voice biometrics as a security measure for transactions greater than $1,000 made through mobile devic... Read more

Fintech partnerships ‘unmissable’ for incumbents

Collaboration between established financial services firms and innovative fintech start-ups has the potential to be incr... Read more

Australian RegTech Association launched

A number of Australian companies have launched an association to advocate for the use of regulatory technology, or ‘Re... Read more

ASX ‘punching above its weight’ on tech IPOs

The ASX listed “many more” companies than its global peers throughout 2016, says the company’s chief executive –... Read more

Seven businesses to join H2 Accelerator

Venture capital firm H2 Ventures has added seven new start-ups to its accelerator program, including three fintech busin... Read more

Aussie fintech launches advice application

Australian fintech start-up Investfit has released a new financial advice application aimed at financial advisers in the... Read more

Regulators promise not to 'stifle' innovation

Regulators from across the globe have admitted that laws and regulation governing fintech have not moved in sync with te... Read more

Avaloq announces private equity deal

Swiss fintech firm Avaloq has agreed to a deal that will see private equity player Warburg Pincus take a 35 per cent sta... Read more

Senate passes equity crowdfunding legislation

The Turnbull government’s crowdfunding bill has passed through Parliament’s upper house, establishing the framework ... Read more

Still ‘early days’ for fintech: RBA

The fintech sector is still too small to threaten the financial stability of Australia’s economy, says the RBA, so th... Read more

Australian fintechs ‘not built on solid foundations’

Many Australian fintech companies are more interested in “speaking the industry language” than constructing a solid... Read more

Quant approach a 'risk-free' bet for robo advice

Applying quantitative screens to thematic robo-advice portfolios can improve results without increasing risk, according ... Read more

Financial products not meeting Gen Y needs: KPMG

New research from KPMG has found that existing financial products are not well suited to the needs and goals of Gen Y pr... Read more

Volume of cyber attacks likely to grow

The volume of cyber attacks on businesses is set to increase as more clients share data with organisations through digit... Read more

Australian VCs team up with Equitise

Australians can now co-invest with angel investors and VC funds via a new Equitise platform. ... Read more

Simply Wall St expands internationally

Australian fintech firm Simply Wall St has expanded its market reach to Canada and New Zealand. ... Read more

ASX outsources futures and options automation

Data management provider GoldenSource has been selected by the ASX to provide automation in the futures and options mark... Read more

RateSetter names new board director

Former ING Direct chief executive Vaughn Richtor has been appointed to the RateSetter Australia board of directors. ... Read more

CapitalRoad partners with MDA provider

Managedaccounts.com.au, a managed discretionary account provider with $1.979 billion in assets under administration, has... Read more

Australia to host international blockchain talks

Standards Australia, the Australian member body of the International Organization for Standardization (ISO), will host ... Read more

OFX partners with API provider

Australian foreign exchange fintech OFX, formerly known as OzForex, has announced it will provide funds transfer service... Read more

zipMoney announces $200m credit facility

Retail financing and payments start-up zipMoney has announced a partnership with a big four Australian bank that will es... Read more

Competition from fintechs good for banks: ANZ

Banks will benefit from the increased competition brought to the Australian finance sector by innovative fintech start-u... Read more

Robo-advisers better than humans: Wealthfront

Software is capable of providing better financial advice services to clients than human advisers can, according to robo-... Read more

Artesian receives $85m investment

Seed stage venture capital fund Artesian has announced an $85 million investment from super fund Hostplus. ... Read more

Private equity blockchain solution launched

IBM and global custodian Northern Trust have launched a commercial blockchain solution for the private equity market. ... Read more

Fintech service adoption slower than expected

The adoption of new fintech services is being stifled by the difficulty of integrating them with pre-existing apps and i... Read more

Fintech businesses scaling too early

Fintech businesses should grow their business incrementally rather than scale rapidly early to avoid overstepping regula... Read more

Stone & Chalk partners with Link Group

Share registry and analytics company Link Group has announced a partnership with fintech hub Stone & Chalk. ... Read more

Fintech Business Awards 2017 winners revealed

The winners of the inaugural Fintech Business Awards have been announced at a ceremony that recognised outstanding innov... Read more

Aussie fintech investment defies global dip

Investment in Australian fintech companies remained strong in 2016, despite an almost 50 per cent decline in global inve... Read more

Banking disruption ‘hasn’t even begun’

While there is plenty of talk of fintech impacting financial institutions, we are still in the early stages of disruptio... Read more

Financial advisers being ‘left behind’ by fintech

Most wealth management fintech products are unsuited to smaller financial advice practices, according to InvestmentLink... Read more

ASX targets ‘late 2017’ for blockchain decision

Ongoing negotiations with market participants about a potential blockchain replacement for the CHESS settlement system ... Read more

Auswide Bank ups its stake in MoneyPlace

Queensland bank Auswide has announced it is increasing its equity stake in peer-to-peer lender MoneyPlace as part of it... Read more

KnowIT names new technical manager

Financial services software company knowIT has made four new hires, including Rob Lavery as the business’ new technica... Read more

Fintech leads start-up sectors on investor demand

The annual government-backed survey of the start-up ecosystem has uncovered a number of positive findings for the fintec... Read more

Young Australians embracing start-ups

Members of Generation Y are looking to supplement their careers by ‘moonlighting’ as micro-entrepreneurs in the shar... Read more

Strong growth likely for sharing economy

Australia’s sharing economy is expected to grow to $55 billion in the next five years, according to RateSetter. ... Read more

Australia Post strengthens ties with Alibaba

A new agreement between Australia Post and Chinese online retailer Alibaba has the potential to help Australian busines... Read more

Don’t get distracted by fintech ‘toys’: APRA

Financial services companies must not neglect the maintenance of their core technology in favour of “shiny new [finte... Read more

ASX announced as principal partner of Fintech Business Awards

The Australian Securities Exchange (ASX) has signed on as the principal partner of the inaugural Fintech Business Awards... Read more

UK govt launches fintech mission to Australia

The UK Department for International Trade is assembling a delegation to visit Australia next month and investigate the s... Read more

SocietyOne eyeing mortgage market

Personal loan marketplace SocietyOne is considering offering mortgages through its lending network. ... Read more

Tyro adds to executive team

Tyro Payments has announced the appointment of a new head of brand and marketing. ... Read more

Spotcap receives $20m funding boost

Online lender Spotcap has announced a new $20 million funding deal as well as the launch of operations in New Zealand. ... Read more

Ignition Wealth appoints head of advice

Robo-adviser Ignition Wealth has appointed a new head of advice and created a new division to offer XPLAN support and ... Read more

Start-ups facing ‘bubble’ risk

Start-up ventures in specific sectors like fintech need to ensure they are exposed to entrepreneurs and initiatives in u... Read more

Tech firms denounce US immigration ban

New entry restrictions in the US will damage the technology industry and the Australian government should oppose them, s... Read more

CSIRO to unveil new US office

Minister for Foreign Affairs Julie Bishop has announced plans to open a new CSIRO office in the US. ... Read more

Morrison outlines his ‘RegTech mission’

Federal Treasurer Scott Morrison has pledged to utilise technology to reduce the compliance burden on financial services... Read more

Tyro recruits PayPal exec

Former PayPal executive Kareem Al-Bassam has joined fintech company Tyro Payments as head of product. ... Read more

Traditional accelerator model ‘losing steam’

The established format for fintech accelerator programs will likely give way to a new and more collaborative model, says... Read more

Obama aims to leave fintech legacy

The outgoing Obama administration has published a statement of principles intended to guide a future policy framework fo... Read more

Decimal receives key investor backing

Robo-adviser Decimal has secured significant funding from IFM Investors, following a successful $2.29 million capital ra... Read more

OnDeck appoints former SocietyOne CFO

US-listed fintech lender OnDeck has announced that the former CFO of SocietyOne will soon join its ranks. ... Read more

Technology putting infrastructure at risk

A new report by consulting firm KPMG has found the rapid rate of technological innovation is putting infrastructure asse... Read more

Australia ‘lags’ on alternative finance

Australian politicians and regulators need to allow equity crowdfunding platforms to thrive or risk continuing to fall b... Read more

Fintech growth driven by three factors

Academics from Warwick Business School have identified three factors that drive the rapid scaling of successful fintech... Read more

Merchant Money Company announces rebrand

Canadian fintech business Merchant Money Company has announced it has rebranded as Lendistry. ... Read more

InPayTech acquires patent in Singapore

Australian fintech company InPayTech has received patent approval in Singapore. ... Read more

Bitcoin the future for portfolio diversification

Digital currencies could replace gold and the US dollar as portfolio staples within the next 20 years, according to a Si... Read more

Commercial blockchain pilots to arrive in 2017

The financial services sector is likely to release commercial pilots of blockchain services in the coming year, accordin... Read more

Virtual reality a new tool for investors

Investors could be set to benefit from immersive virtual reality technology as early as the end of the decade, according... Read more

Six Park completes $1.5m capital raise

Automated investment management provider and Fintech Business Awards finalist Six Park has completed a significant capit... Read more

High-net-worth investors looking to digital advice

High-net-worth individuals are increasingly investing their wealth through robo-advisers as these services expand their ... Read more

Fintech Business Awards finalists revealed

The finalists for the inaugural Fintech Business Awards have been announced, following an overwhelming number of high qu... Read more

Life insurers must embrace big data: report

The relative lack of fintech start-ups in the life insurance space has made the incumbent players complacent about using... Read more

NAB makes ‘selected’ APIs available

The National Australia Bank has launched an API developer portal, which will make selected NAB APIs available to third p... Read more

HashChing name new chief operating officer

Online home loan marketplace HashChing has appointed Siobhan Hayden as the company’s new chief operating officer. ... Read more

‘Regtech’ the focus of 2017, says Deloitte

KYC compliance, communications monitoring and automated regulatory reporting are set to dominate 2017 as global regulato... Read more

ASIC launches fintech licensing exemption

The corporate regulator has announced that eligible fintech businesses will be able to test certain services without hol... Read more

Turnbull government’s crowdfunding bill ‘flawed’

The federal government’s proposed framework for equity crowdfunding is counter-productive to the aims of internet-enab... Read more

InPayTech launches faster payment service

Payment software company InPayTech has launched a new digital service aimed at speeding up the settlement process for el... Read more

Sydney Angels launches second fund

Sydney Angels has launched its second co-investment fund, aiming to raise between $10 million and $20 million to invest ... Read more

Blockchain’s impact ‘won’t happen overnight’

The question of blockchain technology’s impact on financial markets and stock exchanges shouldn’t be one of ‘what... Read more

Xero integrates Apple Pay through Stripe

Accounting software firm Xero has integrated with Apple Pay through online payment provider Stripe. ... Read more

NSW accelerators to get $10m boost

The NSW government has pledged $10 million towards the state’s network of start-up incubators and accelerators, along ... Read more

Saxo Bank implements Australian FIX service

Saxo Bank has chosen Australian-based software company Fix8 to provide financial information exchange protocol services.... Read more

ANZ boss ‘not convinced’ on robo-advice

Despite experimenting with robo-advice, ANZ chief executive Shayne Elliott says it is unlikely his bank will have a comp... Read more

Innovation fund launched by CSIRO

The CSIRO has launched a new fund under the National Science and Innovation Agenda to provide early stage investment in ... Read more

Stockspot teams up with Class

Robo-adviser Stockspot has announced a new partnership with superannuation software company Class. ... Read more

Wealth platforms must target accumulators

The wealth management platforms of the future must develop 'bionic' advice that is geared towards accumulator clients, ... Read more

HashChing tests identity verification system

Online home loan marketplace HashChing has built a digital identity verification system to satisfy know-your-customer re... Read more

London tops fintech index for second year

For the second year in a row, London has topped the European Digital City Index (EDCi), a composite index designed by in... Read more

Banks will displace fintech lenders, predicts PwC

The fintech lending sector will eventually be cannibalised by the activities of the major banks, argues PwC. ... Read more

SelfWealth wins My Business award

Investment platform and online stockbroker SelfWealth has been named the Fintech Business of the Year at the Optus My Bu... Read more

Fintech at a ‘tipping point’, says ASIC

Fintech has reached a “tipping point” where it is beginning to effect real change within the financial services in... Read more

Flamingo successfully lists on ASX

Customer experience and lead conversion fintech firm Flamingo has listed on the ASX following its acquisition by Cre8tek... Read more

Citi launches online developer portal

Citi has announced the launch of a new digital platform designed to give developers access to a number of application pr... Read more

Decimal enters 'proactive' compliance review

Decimal Software has appointed global regulatory compliance firm Promontory Australasia to conduct a review of its autom... Read more

Fintech Business announces new managing editor

Momentum Media, the business behind Fintech Business, has appointed a managing editor, wealth and innovation, as Fintech... Read more

Risk-averse banks holding fintech back: report

Innovation is being ‘squashed’ within the financial sector by the big banks’ determination to maintain the status... Read more

Banks to get rid of branches, call centres

Australia’s major banks will be “invisible” by 2030, with both branches and call centres made obsolete by new tech... Read more

Citi branches to go cash-free

Due to declining demand for cash-handling services, Citi has announced it will cut the service entirely from its branche... Read more

Acorns integrates super contribution function

Micro-investment company Acorns Grow has launched a new feature that allows users to make contributions to their superan... Read more

57 per cent of Australian fintechs now ‘post-revenue’

More than half of Australian fintech companies are now collecting revenue but only one in seven are profitable, accordin... Read more

ASIC signs agreement with Canadian regulator

ASIC and the Ontario Securities Commission have entered into an agreement to support fintech companies that are looking ... Read more

Robo-advice tool for SMSFs launched

Australia-based fintech company A.S.A.P. has released a digital advice tool geared for use by SMSF trustees and their ac... Read more

Fintech lenders need their own valuation metrics

Lately, those saying that fintech lenders have been overvalued are being vindicated by an across-the-board slashing of v... Read more

Fintech to benefit from open data: Treasurer

Treasurer Scott Morrison says the Australian financial services sector needs to embrace open access data to reap the mos... Read more

KYC changes to boost fintech sector

Recent changes to Australia’s ‘know your customer’ rules are set to make life easier for fintech companies in t... Read more

Govt to cut red tape for share schemes

The federal government has proposed a number of changes intended to make employee share schemes more “user-friendly”... Read more

REA Group launches property innovation hub

Property media firm REA Group has announced the launch of REALABS, an innovation hub to develop new technologies for con... Read more

Ignition Wealth grows advisory committee

Robo-advice provider Ignition Wealth has named The Fold Legal managing director Claire Wivell Plater as the newest membe... Read more

Can fintech prevent the next financial crisis?

One could argue that we are living in a period of renaissance when it comes to developing new financial technologies. ... Read more

Avoka considering IPO in early 2018

Following a successful $16 million capital raise in June 2016, front-end developer Avoka is hoping to be in a position t... Read more

ASIC enters fintech deal with Kenya

The Australian regulator has signed an agreement with the Capital Markets Authority of Kenya, with hopes of promoting in... Read more

AtlasTrend completes $2.8m capital raise

Fintech company and fund manager AtlasTrend has announced the completion of a $2.8 million capital raise to help the bus... Read more

New chief executive for Tyro Payments

Tyro Payments has announced the appointment of a new chief executive, with company founder Jost Stollmann to continue in... Read more

American Bankers Association issues fintech guide

The American Bankers Association has released a guide to help bank executives develop and implement a strategic fintech ... Read more

Advice technology is ‘too passive’

Advisers need to be proactive in the delivery of websites and technology solutions in order to capture a broader market,... Read more

Retail crowdfunding platform Vestabytes launches

Melbourne-based crowdfunding platform Vestabyte has made its first offering, a residential property development, availab... Read more

ChimpChange names new board director

Mobile banking service ChimpChange has announced the appointment of Teresa Clarke as a non-executive director to the com... Read more

Midwinter teams up with data firm

Financial software provider Midwinter has joined forces with InvestmentLink to offer financial advisers access to the Re... Read more

Statewide Super to offer Decimal software

Decimal’s Eqilize software has been chosen by South Australia-based industry super fund Statewide Super to provide its... Read more

KPMG mLabs accelerator bears fruit

KPMG’s fintech accelerator program with the mutual bank sector, mLabs, has resulted in 18 active commercialisation opp... Read more

APX Settlement prototypes blockchain register

APX Settlement, a joint venture between the Sydney Stock Exchange and venture production firm Bit Trade Labs, says it ha... Read more

Why the parliament inquiry was good for fintech

The answers and defences during last week’s banking inquiry revealed several interesting points that relate to the fin... Read more

Sunsuper partners with BlueChilli SheStarts

Sunsuper has partnered with start-up accelerator BlueChilli to fund the SheStarts program for female entrepreneurs. ... Read more

InPayTech to list on ASX

Australian payment software provider InPayTech has lodged a prospectus with ASIC and intends to list on the ASX, with it... Read more

Off-the-plan property platform launched

A new off-the-plan property sale platform has been launched to cater for foreign investors who are looking to on-sell th... Read more

IRESS to acquire Financial Synergy

Financial technology firm IRESS has entered into an agreement to acquire superannuation software provider Financial Syne... Read more

Stone & Chalk ranked 9th globally

Sydney fintech hub Stone & Chalk has been ranked ninth in a review of global fintech hubs. ... Read more

Ignition Wealth receives new funding

Millinium’s Alternatives Fund has made a “significant investment” in robo-advice firm Ignition Wealth.  ... Read more

Fintech will ‘shrink’ the role of banks

The disruption by fintechs has “the potential to shrink the role and relevance of today’s banks”, according to a n... Read more

MoneySoft secures new advice partnership

New goals-based advice tool FinCoach has integrated with the MoneySoft platform to help advisers streamline engagement w... Read more

Airwallex joins Mastercard accelerator

Melbourne fintech start-up Airwallex has been selected as the first Australian company to participate in Mastercard’s ... Read more

US fintech sandbox announced

As digital currencies such as bitcoin expand their reach and more people use their smartphones to make payments, there a... Read more

Fintech use set to rise in Australia

The number of Australians using technology companies for services normally provided by banks is set to increase signific... Read more

Regulation key to fintech success

A new fintech start-up can have the best technology in the world, but it won't get off the ground if it doesn't keep the... Read more

HotCopper lists on the ASX

Australian stock market and investment forum HotCopper has successfully listed on the ASX, the company has said. ... Read more

US robo-advice AUM surging: BlackRock

Assets under management in the robo-advice channel of the American wealth management industry have risen sharply in the ... Read more

Robo-advice must be ‘blended’ with face-to-face

A Macquarie University review of industry surveys has found that a ‘blended’ approach to automated and face-to-face... Read more

Listed venture company H2Ocean launched

H2 Ventures has announced the launch of H2Ocean, a listed venture company investing in early and growth stage fintech bu... Read more

Simply Wall St integrates with Class

SMSF software developer Class has collaborated with Simply Wall St to launch a new integration that will provide users... Read more

ChimpChange account openings up 42%

Digital banking app ChimpChange has seen a 42 per cent month-on-month increase in account openings in August. ... Read more

Australian fintechs have a ‘unique opportunity’

Australian banks are “very progressive” when it comes to fintech, which means local start-ups are well-placed to cr... Read more

Data Republic launches secure marketplace

Technology company Data Republic has launched an Open Data Marketplace, a governance platform that allows businesses to ... Read more

Fintech groups will unite to form global hubs

Fintech groups from more than 20 cities across the world plan to form a federation of fintech hubs this year in what wo... Read more

Banks sidestep brokers with online platform

A new home loan distribution platform that bypasses mortgage brokers aims to replicate the success it has achieved in So... Read more

End is nigh for internet banking, says Rubik chief executive

Internet banking is already "starting to die" due to the popularity of fintech banking apps, according to Rubik – an... Read more

London fintech falling down post-Brexit

The recent Brexit vote in favour of Britain leaving the European Union has so far had mixed consequences, and while a fe... Read more

Robo-advice presents legal challenges

Robo-advice tools are re-shaping the financial services industry, offering new opportunities for advisers and clients al... Read more

Global fintech network launched

Innovate Finance and the Swift Institute have announced the launch of the Global Fintech Hubs Federation (GFHF), a new n... Read more

Dion launches Chi-X price app

Financial technology company Dion has announced the launch of a new app designed to deliver Chi-X equities market data t... Read more

Digital Aussie dollar launched

Capital Markets CRC off-shoot Digi.cash has announced the launch of a digital version of the Australian dollar. ... Read more

3 mistakes fintech start-ups make

Fintech start-ups are founded on new, exciting ideas, but they often succumb to the same, avoidable problems. ... Read more

Australia lagging behind on innovation

Australia has dropped two places to 19th spot on the Global Innovation Index, falling behind France, New Zealand and Can... Read more

Home loan launched for entrepreneurs

HashChing has rolled out a new home loan product, with no credit score requirements, aimed at the founders and owners of... Read more

Fraudulent payments on the rise

Payment fraud in Australia increased in 2015, rising from 58.8 cents to 66.8 cents per $1,000, according to a new report... Read more

Business banking needs a ‘rethink’: Tyro Payments

Inefficiencies within the banking system are costing Australian small businesses almost $7 billion a year, according to... Read more

Acorns launches rewards program

Investment app Acorns has announced it will launch its rewards program Found Money in Australia. ... Read more

Fintech bringing back small business lending

A new period of small business financing is here and it’s by entrepreneurs, for entrepreneurs, says the chief executiv... Read more

Ignition Wealth launches wealth ‘snapshot’

Robo-advice firm Ignition Wealth has unveiled a new-look financial ‘wellness’ profile that aggregates all of a clie... Read more

Canstar announces online fintech marketplace

Ratings agency Canstar has launched an online platform for investors to access and compare fintech services. ... Read more

TruePillars finalises third loan

Peer-to-peer small business lender TruePillars has successfully funded its third loan as the fintech start-up progresses... Read more

Fintech to benefit brokers the most: FundX

Brokers are most likely set to benefit from growing fintech trends in Australia given the ‘unique’ relationship betw... Read more

Equip Super tests robo-advice platform

Equip super has announced the trial of a new robo-investment service with select members, with the full service to be ma... Read more

Looking beyond the hype at fintech in south-east Asia

From the offices of venture capital firms to the financial services districts, you may not be able to escape the promisi... Read more

AFG partners with Biz2Credit

Mortgage broking service provider AFG has announced an alliance with New York-based fintech company Biz2Credit. ... Read more

Fintech will boost bank earnings by 3.8%: UBS

A UBS survey of bank management worldwide reveals fintech will help boost bank revenues by 3.8 per cent over the next t... Read more

Technology concerns a barrier to innovation: NAB

A new report from NAB highlights the importance of technology in businesses adopting innovative behaviours and improving... Read more

Westpac’s new online lending investment

A closer look at the big bank’s latest beneficiary signals a growing appetite for innovative lending platforms. ... Read more

ThinCats partners with DomaCom

Australian peer-to-peer lender ThinCats has partnered with DomaCom, a fractional property investment crowdfunder. ... Read more

Fintech firms set to target business advisory

Business advisory services will be a major focus of fintech companies over the next few years, says an accounting soft... Read more

Financial regulation facing disruption: Deloitte

Just as the face of the financial services sector has been changed by innovative fintech services, the regulatory space ... Read more

Fintech ‘no threat’ to brokers – yet

Mortgage brokers have nothing to fear about the current fintech surge shading the mortgage landscape, according to a res... Read more

Acorns Australia hits 100,000 users

The Australian version of Acorns Grow, a fintech app that allows people to invest their small change in the stock market... Read more

Asian funding puts fintech in 'historic moment'

In this century of exponential growth of new enterprises, finance has been a driver of global economy, says Oddup’s Ja... Read more

KPMG launches fintech accelerator for mutual banks

KPMG Australia has announced the launch of mLabs, a Sydney-based fintech accelerator that aims to connect start-ups with... Read more

Superfunds to benefit from robo-advice

Superannuation funds are likely to incorporate automated advice as a core part of their strategy in the coming years, a... Read more

Google launches Android Pay in Australia

Android Pay, a contactless payment system available to phones using the Android operating system, has been launched in A... Read more

Stone & Chalk partners with EY

Global consultancy firm EY has announced a corporate partnership with Sydney-based fintech hub Stone & Chalk. ... Read more

RateSetter integrates with cloud tech provider

Peer-to-peer lending platform RateSetter will integrate with cloud administration software provider Class. ... Read more

Airwallex receives $4.5 million in funding

Melbourne-based foreign exchange start-up Airwallex has received $4.5 million in a pre-series A investment. ... Read more

Why fintech could be a casualty of Brexit

London’s role as Europe’s financial services centre has been called into question as a result of the UK’s decision... Read more

Tax incentives for start-up funding kick in

With new tax incentives in place since 1 July 2016 for sophisticated investors in early-stage start-ups, the onus is on... Read more

APCA appoints new chief executive

The self-regulatory body for the Australian payments industry, the Australian Payments Clearing Association (APCA), has ... Read more

Coalition urged to prioritise digital economy

A number of industry bodies are calling on the re-elected Coalition government to make good on their promises and suppor... Read more

Australia lagging behind on open data, says Tyro

Australian bank customers must be allowed to share their transaction data with third parties, Tyro Payments has argued i... Read more

Future Penny partners with Super Advice

Australian robo-advice company Future Penny has announced a partnership with employee benefits company Super-Advice. ... Read more

SuiteBox focused on Australasian growth

Virtual advice software provider SuiteBox has said it is prioritising Australasian growth for the second half of 2016, b... Read more

KPMG announces partnership with IBM

The professional services firm’s Australian arm has signed an agreement with IBM and plans to “increase its cognitiv... Read more

Singapore becomes new fintech hotspot

Singapore is rushing to reinvent itself as Asia's fintech hub to fend off a regulatory threat to its wealth management i... Read more

ChimpChange to raise $15m

US-based transactional bank account provider ChimpChange will raise $15 million when it lists on the ASX this Thursday. ... Read more

Avoka raises $16m in expansion funding

Australian fintech start-up Avoka has received $16 million in funding from a number of Australian investors. ... Read more

Clover first robo-adviser to receive MDA licence

Clover has become the first robo-advice platform in Australia to be given an AFSL with managed discretionary account (... Read more

Brexit: Will London lose its fintech crown?

Consensus among the technology community is that Brexit will topple London from its position as the most favoured fintec... Read more

ASX increases stake in Digital Asset

The ASX will increase its stake in US-based Digital Asset from 5 per cent to 8.5 per cent, investing a further $7 millio... Read more

ASIC enters fintech partnership with Singapore

The corporate regulator has entered into an "innovation agreement" with the Monetary Authority of Singapore to facilitat... Read more

MoneyMe expands beyond small loans

Consumer lending fintech start-up MoneyMe has launched a new $10,000 loan product aimed at the Millennial market. ... Read more

QuietGrowth introduces new advice feature

Robo-advice platform QuietGrowth has announced a new feature designed to enable investors to more regularly adjust their... Read more

Bigstone Capital enters SME lending market

Australia’s SME lending marketplace has seen a new addition with the launch of Bigstone Capital. ... Read more

Valiant finalises seed capital raising

Business loan marketplace Valiant has raised $800,000 in its seed round capital raising. ... Read more

AI technology tipped to unlock 'unstructured' data

Artificial intelligence (AI) software can help financial services companies extract richer data from client conversation... Read more

Former federal minister joins robo-advice board

Former finance minister Lindsay Tanner has joined the advisory board of new robo-adviser Six Park. ... Read more

NAB teams up with Telstra on lending app

Proquo, a digital marketing platform created by NAB and Telstra, will be officially launched in July 2016 and will ena... Read more

Brisbane to host start-up weekend

Suncorp’s office in Brisbane Square will play host to the Fintech Brisbane Startup Weekend, an event designed to bring... Read more

New system give advisers 'institutional' trading ability

A fintech firm for capital markets has launched a new system that will give advisers institutional-level trading capabil... Read more

Beware 'rogue' robo-advisers: StockSpot

Robo-adviser Stockspot is calling on ASIC to apply the same rules to both face-to-face and automated advice, saying it h... Read more

Bernie Ripoll joins Map My Plan board

Former Labor federal politician Bernie Ripoll has taken a position as a director on the board of automated-advice finte... Read more

Square Invoices launches in Australia

Phone-based platform Square has announced the launch of its invoice service in Australia. ... Read more

New York regulator expands fintech probe beyond Lending Club

New York State’s financial regulator, which recently launched a probe into Lending Club, is preparing to look into th... Read more

Venture capital funding flowing back to fintech

In March, funding for fintech start-ups fell dramatically. In retrospect, it looks like that quarter was more akin to a ... Read more

Sydney: a 'fantastic safe landing zone' for fintech

The strength of the financial services sector in Australia has prompted a number of global IT firms to set up shop in Sy... Read more

CashWerkz targets term deposit market

Fintech start-up CashWerkz is targeting self-directed investors with a system that automates term deposit transactions a... Read more

Ignition Wealth partners with SMSF administrator

Robo-adviser Ignition Wealth has announced it has partnered with SMSF administrator Triple A Super to provide more servi... Read more

Is Lending Club ruining fintech's future?

Peer-to-peer lending was supposed to be a major theme in how individuals borrow money, while also presenting a compellin... Read more

Fintech can't disrupt Wall Street: Moody's

Fintech start-ups may have raised billions from investors, but Wall Street banks are still well-positioned, Moody's says... Read more

'Grey suits' love us, says Kyckr boss

The 'grey-suited' civil servants who oversee business registers around the world are fully behind AML/CTF compliance fi... Read more

Decimal lands robo deal with global firm

Decimal has announced it has struck its first enterprise robo-advice partnership with a "leading global professional ser... Read more

Is China backpedaling on fintech?

The Chinese government is now struggling with the duality of the fintech revolution. Bloomberg reported that about 1,000... Read more

Britain and Singapore establish fintech 'bridge'

Singaporean officials and fintech companies gathered with UK fintech companies at Downing Street to celebrate the launch... Read more

H2 Ventures backs 5 new start-ups

Venture capital firm H2 Ventures has invested in five more start-ups as part of its fintech accelerator program, known a... Read more

Budget paves way for fintech 'regulatory sandbox'

The federal budget has confirmed ASIC will soon consult on a new 'regulatory sandbox' framework under which certain fi... Read more

Suncorp launches insurance tech platform

Suncorp will launch an on-demand insurance platform in partnership with US-based technology developer Trōv that will pr... Read more

A butterfly effect: How fintech can transform the economy

The concept that small causes can have major effects is not only useful for weather prediction, but also for fintech and... Read more

Aussie investors wary of technology

Australian investors are among the world's least willing to take up new investment technology, according to new research... Read more

Atlassian tops tech pioneer ranking

Software developer Atlassian has been named Australasia's top fintech pioneer with the release of the inaugural Investec... Read more

Computershare trials blockchain solution with SETL

Computershare has teamed up with blockchain start-up SETL to create what it claims is "Australia's first working blockch... Read more

CXi to pay super on maternity leave

CXi Software has announced it will pay superannuation contributions to its staff members who go on maternity leave. ... Read more

Why fintech is different in Asia

While most start-up sectors have historically been dominated by the western world, particularly Silicon Valley, the fint... Read more

Coredination unveils Mobile Adviser solution

Workflow management platform Coredination has launched a mobile solution for financial advisers. ... Read more

Blockchain facing 'roadblocks', says Morgan Stanley

The hurdles and limitations of blockchain technology mean that bank, custodian and market infrastructure profits will no... Read more

Gen Y rejects robo-advice, says report

A new report by ING Direct has found that Gen Y is unimpressed with robo-advice, with 80 per cent preferring to have a... Read more

Banks and fintech in 2025: an unlikely alliance

Banking as we know it is in the midst of its first fundamental remaking in centuries. What’s driving this transformati... Read more

Milestone for equity crowdfunding in China

Global real estate marketplace Wealth Migrate has officially launched its permanent presence in China, amid signs the Ch... Read more

The trends disrupting financial technology

We’ve entered the most profound era of change for financial services companies since the 1970s brought us index mutual... Read more

Former FPA chief executive shifts to fintech

The mining company Star Striker, which will soon transform into a fintech provider, has appointed former FPA chief execu... Read more

Robo-adviser Future Penny to replicate IFAs

Robo-advice start-up Future Penny is set to launch in the Australian market, focusing on financial education as well as ... Read more

WorldRemit targets world's 2 billion 'unbanked'

UK-based global remittance provider WorldRemit has expanded its operations into Australia as it looks to capture more of... Read more

Asia-Pacific fintech investments reach $2.7bn

Investments in Asia-Pacific fintech companies increased during the first quarter of 2016, totalling $2.7 billion, accor... Read more

Tech disruption adding to uncertainty: BlackRock

The uncertainty investors currently face is being intensified by the increasingly disruptive impact of technology, says... Read more

Peer-to-peer SME lender TruePillars launched

TruePillars, a marketplace for SME business loans between $15,000 and $250,000, has been launched by a former career ban... Read more

Simply Wall St acquires US start-up

Australian investment platform Simply Wall St has acquired US-based fintech start-up Capp.io. ... Read more

Fintech sector needs ‘standardised data’

The Australian fintech industry needs a broad range of standardised data solutions, without which the sector will conti... Read more

CUA partners with Stone & Chalk

Brisbane-based credit union CUA has become a corporate partner of Sydney fintech hub Stone & Chalk. ... Read more

Fintech reshaping how companies and consumers interact

The digital revolution sweeping the world has, as is to be expected, not spared the financial services industry. ... Read more

Blockchain: the winners and losers

By reducing “friction” from the financial services market, the blockchain has different implications for clearing ho... Read more

BlackRock mulling Aussie robo-advice launch

US fund manager BlackRock is getting ready to export its robo-advice platform FutureAdvisor around the world – and o... Read more

NAB Ventures appoints managing director

NAB’s innovation fund, NAB Ventures, has appointed Todd Forest as its inaugural managing director. ... Read more

12 start-ups added to Afiniation Melbourne

Afiniation's Melbourne Showcase has announced 12 new fintech start-ups that will be presenting later this month. ... Read more

Padua releases advice request system

Padua Financial Group has launched a new online advice request system, Roma Online, in an effort to respond to the advic... Read more

'Game theory' could replace risk profiling

The arrival of global tech start-up Capital Preferences at Stone & Chalk could signal a shift away from standard cli... Read more

The fintech industry is ‘maturing’: report

Last week, KPMG released its 2015 Pulse of Fintech report, chronicling the year’s global fintech investment and expans... Read more

US bank regulator wades into fintech

The national bank regulator is taking steps into the emerging world of financial technology, weighing its first-ever cha... Read more

Consumers using robo for small investments

New research in the UK has found that investors are happy to use robo-advice, but only for investments that are less tha... Read more

Alternative finance market grows 320%

Australia’s alternative finance market has grown by 320 per cent in 2015, providing businesses with more access to aff... Read more

ASX: the 'land of the walking dead' for start-ups

There is plenty of private money available to fund Australian start-ups that can "tell their story well", says local ven... Read more

BigFuture updates wealth management app

Wealth-tracking fintech start-up BigFuture has launched a second version of its wealth management application.  ... Read more

Fintech growth accelerates in Asia

Investors poured a record $4.5 billion into financial start-ups in Asia last year, four times as much as the previous ye... Read more

Crowd Mobile launches new Q&A app

ASX-listed app provider Crowd Mobile has launched a financial services Q&A app, allowing users to ask financial advi... Read more

Decimal 'pivots' to institutional market

After a tumultuous end to 2015 which saw Decimal replace its executive team and rethink its strategy, the ASX-listed rob... Read more

Majority of robo-advisers likely to 'fall by the wayside'

As the big financial services firms continue to move into robo-advice, it will become obvious that most start-ups in the... Read more

Fintech: the only game in town?

Fintech may, or may not, be the one-horse race the financial commentators are claiming. But it’s certainly where the s... Read more

AMP acquires MoneyBrilliant

AMP's venture capital arm AMP New Ventures has wholly acquired personal finance management platform MoneyBrilliant. ... Read more

Big banks 'won't be replaced', says Macquarie

The likes of Apple and Google are "not interested" in entering the regulated financial services space, and the dominatio... Read more

Netwealth teams up with IRESS

Platform provider Netwealth has partnered with financial advice software firm IRESS to offer straight-through processin... Read more

Prime Minister sets up fintech advisory group

Prime Minister Malcolm Turnbull has launched a fintech advisory group to help establish Australia as a leading financia... Read more

Govt backs Stone & Chalk Asia program

The Turnbull government has committed $150,000 to the Stone & Chalk Asia Fintech Program in an effort to establish ... Read more

Lending Club and the limits of fintech disruption

Lending Club's new arrangement with its partner bank is a reminder that fintech can't disrupt everything. ... Read more

Global regulators now eyeing fintech

Global regulators may propose rules to prevent “fintech” innovations from destabilising the broader financial system... Read more

Wiring money overseas via the blockchain

International money transfers could take hours rather than days if financial services companies overcome their fears and... Read more

Why fintech firms aren’t so different from banks

Financial-technology companies are supposed to fundamentally disrupt the business of banking. Unfortunately for investor... Read more

Four reasons you should believe the fintech hype

Over the past year, the fintech industry has transformed from a hypothetical hotspot to an actual hotspot. ... Read more

BetaSmartz launches with automated platform

Robo-advice firm BetaSmartz has launched today, offering institutional and retail investors an automated investment plat... Read more

Crowdfunding bill 'too onerous' for start-ups

The fintech sector has taken aim at the government's proposed legislation on equity crowdfunding, with particular ire f... Read more

eSMSF Advice targets accountants

Fintech start-up eSMSF Advice has developed a platform that it says will help accountants meet the requirements of th... Read more

Acorns Grow launches micro-investment app

US-based fintech start-up Acorns Grow has released its micro-investing app, Acorns, to the Australian market, allowing u... Read more

Moneysoft integrates Yodlee and eWise

Cloud-based financial management platform Moneysoft has integrated the data aggregation capabilities of Yodlee and eWis... Read more

Tech companies dominating IPO market

Technology companies spearheaded the initial public offering (IPO) market in 2015, making up 20 per cent of all listing... Read more

Spotcap receives $50m private equity boost

Online SME lender Spotcap has received a $50 million funding injection from private equity firm Finstar Financial Group... Read more

Chinese P2P lender accused of Ponzi scheme

Chinese police arrested 21 employees at China’s largest online finance business on suspicion of fleecing 900,000 inves... Read more

Fintech is just getting started

One segment that I think has the potential to survive, if not thrive, in the expected volatility this year is financial ... Read more

InvoiceX releases full loan book

Peer-to-peer SME lender InvoiceX has followed in the footsteps of RateSetter by making its loan book public. ... Read more

Omnium releases first phase of robo-advice tool

Software provider Omnium has launched a new needs analysis function for its research tool, OmniLife, which the company... Read more

London is the European king of fintech, for now

An abundance of tech talent, a responsive regulatory environment, and the kudos of being an international hub for financ... Read more

Blockchain promises to finish off the big bad banks for good

New technologies such as blockchain threaten a veritable revolution in financial services, breaking the big banks' grip ... Read more

ASX invests in blockchain technology

The Australian Securities Exchange has invested $14.9 million in a US blockchain firm as it looks to "replace or upgrad... Read more

The fintech industrial revolution is upon us

Since the industrial revolution, society has witnessed two more revolutions (advances in electronics and IT, respectivel... Read more

Mining company acquires fintech provider

Software provider Intiger Asset Management has announced it raised $2.4 million to go towards enhancing its software aft... Read more

Young high-earners driving fintech

High-income young people are the biggest group of early adopters of the products and services on offer from fintech comp... Read more

Brokerage firm touts fintech acquisition plans

Sydney-based mortgage broker N1 Finance has lodged a prospectus to list on the ASX this year, with plans to acquire fint... Read more

New start-up to shake up mortgage broking

A former major bank executive will launch a new fintech business this year to compete directly with the third-party chan... Read more

EY says there is a massive 'void' in fintech

Fintech is arguably one of the hottest areas of investment and start-up activity at the moment, with billions flowing in... Read more

Tech start-ups hoping to become household names in 2016

What will be the next household-name app-based service like Uber? Where are the next “unicorns” – start-up busines... Read more

London’s fintech scene maturing, B2B to trend

Major investment and growth punctuated London’s fintech scene in 2015, while this year the sector is expected to see i... Read more

Huawei closes in on smartphone giants

The fastest-growing smartphone seller on the planet is now Chinese multinational Huawei, which saw its revenue increase ... Read more

Wall Street catching up to fintech revolution

Big banks are battling to get ahead of the technology disruption unfolding in the banking industry, with financial techn... Read more

Banks versus fintech? No contest, banks win

The meteoric rise of fintech firms in recent years coupled with the surge of interest by established technology compani... Read more

Fintechs must prove their mettle in 2016

This year will see the first failed fintech company as more start-ups must begin to prove their worth, according to shar... Read more

Automation threatening white-collar jobs

The 'information revolution' will be at least as transformational as the industrial revolution, but this time white-coll... Read more

Big banks to embrace robo-advice in 2016

In 2016 robo-advice is likely to become a channel that further expands the vertically integrated banking system in Austr... Read more

The top 15 fintech stories of 2015

According to Pitchbook, it looks like 2015 will close with nearly $8 billion worth of venture capital invested in finan... Read more

Sharesight completes $1.8m funding round

Portfolio management start-up Sharesight has raised $1.8 million in a funding round led by the company’s clients. ... Read more

Australia fast becoming a top source of fintech funding

Despite opportunities lost and having a relatively smaller fintech market than that of the US and the UK, Australia rema... Read more

ANZ to offer Google’s Android Pay

ANZ has announced it will provide its customers with access to Google’s mobile payment platform, Android Pay. ... Read more

MoneyPlace signs deal with Auswide Bank

Peer-to-peer lender MoneyPlace has entered into a strategic relationship and equity deal with Auswide Bank. ... Read more

Israel’s flourishing fintech has many fathers

Israeli finance technology has taken giant leaps in the last few years. ... Read more

Crowdfunding bill hits the right balance, says ASSOB

The start-up community may be disappointed with the government's equity crowdfunding bill, but one of the crowdfunding ... Read more

Fintech’s five emerging powerhouse markets are at a crossroads

Accenture has warned local banking communities in Asia to wake up: it took just nine months for investment in the region... Read more

Fincast launches institutional-grade portfolio app

Australian fintech company Fincast has launched a new application aimed at proving financial advisers access to institut... Read more

BigFuture raises $520,000 in capital

Wealth tracking fintech start-up BigFuture has successfully raised $520,000 in capital from senior executives in the fin... Read more

Regulators to embrace fintech in 2016: Deloitte

Financial services regulators are likely to incorporate fintech companies into their "regulatory perimeter" throughout 2... Read more

Govt unveils tax incentives for angel investors

  The federal government has announced two major tax incentives for investors in eligible Australian start-ups as part... Read more

Innovation statement set to boost fintech start-ups

The federal government's innovation statement, to be announced at midday today, will include generous tax incentives to ... Read more

Five reasons fintech is leading the privacy revolution

Privacy, and related concepts trust, transparency, security and anonymity are the starting point for a whole slew of fin... Read more

Payments Council launches cyber-security plan

The Australian Payments Council has released a strategic plan for the digital payments industry to help navigate issues... Read more

Peer-to-peer mortgages 'inevitable': SocietyOne

SocietyOne co-founder Greg Symons is confident that marketplace lenders will enter the home loan market within the next ... Read more

Equity crowdfunding legislation tabled

The government has introduced a bill that would make equity crowdfunding possible for Australian fintech start-up compa... Read more

Most fintech unicorns are in payments or lending

Financial technology, from peer-to-peer networks through to crowdfunding, is transforming the industry. ... Read more

Ex-Barclays chief: Fintech will disrupt banking

The former Group CEO of Barclays, Antony Jenkins, predicts a future within the next 10 years where fintech will substan... Read more

PayPal joins eftpos payments network

Online payments provider PayPal has partnered with eftpos, with plans to join the company’s centralised payments hub ... Read more

CBA pledges to ‘innovate at the edge’

The Commonwealth Bank must adopt a stance of “constructive paranoia” in the face of digital disruption, according to... Read more

Aussie fintech dominated by robo-advice

Robo-advice solutions are not only growing their share within the start-up space, they are set to become more comprehens... Read more

Robo-advice restricted by 'best interest' requirements

Robo-advice firms may need to brand their advice as "general" in order to comply with best interest duties, according t... Read more

Mercer revamps super admin business

Mercer has transformed its super administration business, following investments in new technology, product innovation an... Read more

Dion Global Solutions enters Aussie market

Capital markets fintech firm Dion Global Solutions has launched in the Australian market, offering its mobile trading so... Read more

eWAY brings Apple Pay to Australia

Online payments provider eWAY is set to provide its 21,000 Australian customers with access to mobile payments service A... Read more

Why is the US killing its fintech industry?

The World Economic Forum recently reported that the fintech industry can close a $2 trillion funding gap for small busin... Read more

SuperEd raises $800,000, targets 2016 launch

Online financial advice provider SuperEd has raised $800,000 in its first funding round and is in the final stages of a ... Read more

Macquarie breaks into robo-advice

Macquarie Group has said it will launch a computer-generated advice service that will offer "customised advice" to consu... Read more

Universities back alternative finance research

Several global universities are currently collaborating to survey the size and potential economic impact of the alterna... Read more

Startupbootcamp launches NYC accelerator program

Startupbootcamp has launched an accelerator program in New York, allowing global fintech start-ups access to funding, m... Read more

MLC to utilise customer health data

MLC has teamed up with Intel to offer customers the chance to lower their premiums by exercising and leading a healthier... Read more

Robo-advice taskforce must not stifle innovation: SelfWealth

ASIC must ensure that innovative robo-advice business models don't "fail before they hit the showground floor”, accord... Read more

How fintech can beat financial crime

Financial warfare has started to form a central part of international security strategies, according to former US Treas... Read more

The 12 hottest Nordic fintech start-ups

Fintech is absolutely exploding around the world right now, with new businesses springing up doing everything from onlin... Read more

OpenMarkets joins IRESS network

Technology-focused stockbroker OpenMarkets will now have access to the IRESS network, including its trading platforms an... Read more

Asia Pacific fintech investment to quadruple

Investments in fintech across Asia Pacific are set to at least quadruple in 2015, according to a new report by Accenture... Read more

ASIC defends peer-to-peer regulation

The corporate regulator has defended its approach to peer-to-peer lending, which has seen most players in the market ado... Read more

Banking is fintech, like it or not

Although it is clear to everyone that the financial services industry is finally transforming itself, said transformatio... Read more

Four steps to make Australia a fintech powerhouse

There are four policy mechanisms every Australian state and federal government should be "majoring in" to build a global... Read more

SuiteBox enhances virtual advice capabilities

SuiteBox has boosted its virtual advice solution with the addition of new tools that allow advisers to record and store... Read more

Robo-advice won't disrupt the banks: Reinventure

There is a "huge opportunity" to disrupt the wealth management space, but robo-advice won't be the technology that does ... Read more

Is fintech a bubble?

Recent reports have warned the tech sector is in a bubble, as valuations rise to stratospheric levels and competition in... Read more

Uneasy alliance: banks and fintech start-ups

The Economist wrote a recent special report detailing how incumbent banks continue to dominate day-to-day banking but, w... Read more

ZipMoney takes aim at credit card providers

Online credit provider start-up zipMoney is gaining traction in the lending space, with the number of businesses using t... Read more

Moneysoft and Prospera join forces

Budgeting and cash flow provider Moneysoft has teamed up with financial modelling start-up Prospera to create an 'end-t... Read more

What fintech companies can learn from Uber

Financial tech firms are after the big three: speed, ease and industry disruption. Financial tech companies want to be ... Read more

FundX receives $150,000 investment

Peer-to-peer invoice discounting and SME lending platform FundX has received a $150,000 investment from ASX-listed firm ... Read more

GetCapital teams up with Alibaba

Australian fintech company GetCapital has partnered with Alibaba.com to provide Australian importers and exporters with ... Read more

Acorns Grow ready for beta testing

Finance start-up Acorns Grow Australia is ready to start beta testing on its micro investing app, with plans for a soft ... Read more

Melbourne gaining ground as fintech hub

Momentum is building within Melbourne’s fintech community, but further support from all levels of government and cor... Read more

Thomson Reuters opens up Eikon to developers

Financial services firm Thomson Reuters has opened up its financial desktop Eikon to third-party developers. ... Read more

5 mistakes to avoid when starting a fintech company

Even though I worked at a bank for years before founding Coinsetter in late 2012, it's incredible how little I ultimatel... Read more

Lending platform Waddle to service SMEs

Online lending platform Waddle has recently launched in the Australian market with the aim of providing cheaper financ... Read more

Turnbull lays out 'open data agenda'

Prime Minister Malcolm Turnbull has promised to make as much government data as possible available to developers to be u... Read more

Australian non-cash payments accelerate

Global non-cash transaction volumes continue to accelerate, with Australia recording the fourth highest number of non-ca... Read more

RateSetter makes loan book public

Peer-to-peer lender RateSetter has made its loan book public, revealing that the platform's typical borrower is a "port... Read more

Proprietary technology a business risk: Sharesight

Using proprietary technology is a significant gamble, and may leave companies vulnerable to manipulation, says Sharesig... Read more

Why fintech is the most important industry right now

Fintech is beginning to disrupt the financial world as we know it. The financial industry is now more focused than ever... Read more

FinancialAsk teams up with Findex

Fintech start-up FinancialAsk has partnered with advice group Findex to offer a new online financial advice platform. ... Read more

Moneysoft gains traction in advice market

Financial advisers from nearly 20 of the top 50 financial planning groups have integrated cloud-based money management t... Read more

Credit Savvy set to disrupt credit reporting

CBA-owned start-up Credit Savvy is looking to follow in the footsteps of Credit Karma in the US and disrupt the credit r... Read more

The top five fintech marketplaces

The two-sided marketplace has created some of the fastest-growing startups of the last twenty years. ... Read more

Clover receives funding from Equipsuper

Automated investment service Clover.com.au has completed a funding round that includes investment from industry fund Equ... Read more

Morningstar subsidiary wins fintech gong

Morningstar's financial guidance subsidiary HelloWallet has been recognised at the FinovateFall 2015 conference in New... Read more

The 17 hottest fintech companies in Britain ranked

Financial technology – also known as fintech – is one of the hottest areas of investment at the moment, and Britain... Read more

Turnbull pledges to support start-ups

Prime Minister Malcolm Turnbull has announced the creation of a department of Industry, Innovation and Science that wi... Read more

Saxo Bank opens up trading infrastructure

Saxo Bank will provide stakeholders with access to its trading infrastructure through a new REST-based application progr... Read more

RateSetter reaches $10m milestone

Peer-to-peer (P2P) lender RateSetter has announced it has grown its overall lending volumes to more than $10 million sin... Read more

First State Super invests in tech start-ups

Industry super fund First State Super has made a $110 million investment into venture capital firm Blackbird Ventures. ... Read more

dfinanz targets mortgage lending market

Mortgage-focused fintech company dfinanz has partnered with Australian lenders, allowing them to offer lending rates to ... Read more

MoneyBrilliant founder discusses new strategy

Personal budgeting start-up MoneyBrilliant plans to launch a premium subscription service by the end of the month as it ... Read more

StockLight updates investment app

StockLight has launched a new version of its app to help investors better navigate and understand the sharemarket. ... Read more

What’s next for the fintech developments in Asia-Pacific

Fintech has brought about rapid development and innovations in payments, financing and currency exchange globally in rec... Read more

NAB to provide digital advice to 40,000 customers

NAB is set to launch a free-to-use digital advice platform for its internet banking customers as a way to tap into the ... Read more

Aussie start-ups set to tour Israel

Four Australian entrepreneurs under the age of 40 will have the chance to take part in an innovation tour of Israel spon... Read more

No 'harmony' in fintech disruption: Tyro

The "real" fintech disruptors do not talk about partnering with the incumbent players, says Tyro Payments CEO Jost Stoll... Read more

Four trends in fintech start-ups

Fintech hackathons and competitions occur globally. Just this year, I counted 18 fintech hackathons and start-up compet... Read more

Wealth management and the rise of robo advisers

There’s an age old question in wealth management and investment advice: man or machine. Today the battle has begun. ... Read more

BlackRock acquires FutureAdvisor

BlackRock has followed in the footsteps of Vanguard to become the second major US asset manager to enter the robo-advice... Read more

What banks can learn from the decline of Apple Pay

Around this time last year, the payments industry waited with much anticipation as Apple prepared to announce a move int... Read more

Fintech set to disrupt payday lending

The payday lending industry is poised to become cheaper and more efficient as digital finance companies break into the... Read more

Fintech trends: the disruption of fundraising

As investments into fintech start-ups quadrupled from 2013 to 2014, and continue to grow, I recently shared Top Trends... Read more

Government not immune from disruption: Turnbull

Minister for Communications Malcolm Turnbull has announced the Digital Transformation Office is on the hunt for tech tal... Read more

Five legal threats for fintech’s hottest start-ups

Nearly 20 years ago, the launch of online payments giant PayPal shook the financial services industry.  ... Read more

Founding residents of Stone & Chalk revealed

Sydney fintech hub Stone & Chalk has opened its doors at 50 Bridge Street, revealing 35 of the 41 companies that hav... Read more

'I welcome disruption', says Citibank boss

Registrations are now open for the Citi Mobile Challenge in Asia Pacific, which CEO Stephen Roberts says will tap into t... Read more

Amex to create start-up ‘pipeline’

American Express Australia will be looking to build on the experience of its Palo Alto-based venture capital fund when i... Read more

Which city will be the next big fintech hub?

As competition for the next big fintech hub heats up, governments and businesses are realising there is growing importan... Read more

Accounting start-up raises $180,000

Adelaide-based start-up Accodex has raised $180,000 in a seed funding round to enable the firm to expand in Australia a... Read more

Ignition Wealth names inaugural chairman

Robo-advice firm Ignition Wealth has appointed a former executive chairman of investment bank Nomura Australia as its i... Read more

Taking angel investing to the masses

Silicon Valley-based crowdfunder Propel(x) is determined to make angel investing possible for everyday investors as well... Read more

South Korea's next growth frontier: fintech

The devaluation of the Chinese yuan and Japanese yen may spell trouble for South Korean exporters, but another growth in... Read more

UBS launches competition for fintech entrepreneurs

UBS has shown particular interest in fintech developments, creating an innovations lab to explore potential applications... Read more

Fintech start-up delivers leads to brokers

Over 800 brokers have registered their interest in a new fintech start-up that connects them to borrowers in their local... Read more

Envestnet buys Yodlee for $590 million

Financial services software company Envestnet has acquired financial data mining and technology company Yodlee in a cash... Read more

Fintech hub to house a ‘nice mix’ of start-ups, says CEO

Stone & Chalk will unveil a diverse range of fintech start-ups when it opens its doors at the end of the month, say... Read more

Fintech’s future is fast and furious

Fintech is hotter than ever with investment tripling to $12.21 billion in the past year, according to Accenture’s 2015... Read more

Insurance is the next frontier for fintech

We have entered a golden age for fintech. LendingClub and OnDeck recently exited through massive IPOs, and global invest... Read more

Fintechs need innovative legal teams

In order to deal with the legal and regulatory challenges facing fintech businesses, the legal teams representing them ... Read more

ASIC ramps up commitment to fintech

ASIC has established an advisory board made up of well-known industry professionals to boost its engagement with the fi... Read more

Singapore's top start-ups unveiled

The top 11 fintech start-ups have been identified at the inaugural Startupbootcamp Fintech Demo Day in Singapore. ... Read more

NAB creates $50m innovation fund

National Australia Bank has established a $50 million fintech fund, known as NAB Ventures, following in the footsteps of... Read more

OzForex launches international transaction app

International money transfer provider OzForex has launched a money transfer app that enables users to transfer funds int... Read more

CBA adds loyalty cards to digital wallet

The Commonwealth Bank has added a new feature to the CommBank app that will allow users to store all of their loyalty c... Read more

City of Sydney start-up plan tabled

The City of Sydney’s Draft Tech Startups Action Plan is being presented today as part of an effort to make Sydney "a v... Read more

Financial Synergy enhances Acurity platform

Software provider Financial Synergy has revamped its Acurity platform to include new efficiencies for fund administratio... Read more

Raine & Horne website gives agents more selling power

A new mobile-first website will give Raine & Horne agents their own profile pages and deliver more information to co... Read more

Centrepoint Alliance partners with Decimal Software

Decimal Software has secured a commercial services contract with Centrepoint Alliance. ... Read more

Robo-adviser Ignition Wealth teams up with RPAA

More than 23,000 members of the Retirement Planning Association of Australasia (RPAA) will now have access to robo-advis... Read more

Innovation key to industry longevity

As disruption cements itself as commonplace, financial services – and particularly financial advice – must innov... Read more

Software developer launches SMSF audit service

Software developer CaseWare has developed a new web-based program that produces SMSF audits. ... Read more

Connective urges brokers to diversify with technology

Brokers need to embrace technology so they can increase the diversification of their business operations, says Connecti... Read more

SMEs ramping up investment in tech

Small- and medium-sized businesses are tapping into the digital boom by increasing their investment in technology, accor... Read more

System integration a problem for advisers

One of the biggest challenges facing financial planners is being able to integrate different support systems, research b... Read more

Aussie VC to back invoice factoring

New Australian venture capital firm Sapien Ventures is in talks with fintech start-ups looking to create an online marke... Read more

Does your website pass the bus test?

A good payments platform allows the user to make a purchase with one hand while standing up on a bus, says Braintree's T... Read more

DirectMoney to enter third-party channel

Australian peer-to-peer lender DirectMoney is actively seeking partnerships within the third-party channel as it prepare... Read more

Sharesight expands into Canada

Australian stock portfolio manager Sharesight has announced its plans to move into the Canadian market. ... Read more

Banks are right to be afraid of the fintech boom

Fintech offers users an array of financial services that were once almost exclusively the business of banks. ... Read more

The eight Goldman Sachs alumni who left to lead fintech start-ups

Falling technology costs and layoffs during the financial crisis created a boom in financial startups after 2008, and in... Read more

Wealth fintech set for 'step-change'

Australian wealth management is undergoing a technology-led ‘step-change’ that recalls the early 2000s, says Bell Di... Read more

Bitcoin Group to list on ASX

Australian-based bitcoin mining operator Bitcoin Group has announced it will launch an IPO later this year to raise $20 ... Read more

RBA issues tender for core banking solution

The Reserve Bank of Australia has gone to tender to find a supplier for the central bank's new core banking solution. ... Read more

Fintech explosion puts banks in digital firing line

The world’s top banks and insurers are seeing their business models challenged by fintech start-ups, which are reshapi... Read more

15 Asian fintech start-ups worth looking at

It has been almost 2 months since I relocated to Singapore. During this time I saw about 100 fintech projects at differe... Read more

Spring FG expands robo advice offering

Australian financial services provider Spring Financial Group is set to launch a new fintech platform in July. ... Read more

ThinCats Australia considers IPO

Peer-to-peer ThinCats Australia is weighing up listing on the Australian Securities Exchange. ... Read more

Fintech's bulge-bracket banking boom points to bubble

Until recently, the paths of venture capital investors and private equity funds rarely crossed. ... Read more

Aussie fintech delegation to UK revealed

Ten Australian fintech companies have been chosen to take part in a delegation to the UK to coincide with London Fintec... Read more

Millennials at the forefront of peer-to-peer lending

The Australian Government needs to make peer-to-peer lending more attractive to yield-hungry retirees, says RateSetter's... Read more

The seachange Ripple Labs sees for fintech

In the world of distributed ledgers, bitcoin may grab the lion’s share of attention and headlines. ... Read more

Three fintech start-ups you should know

I have good news and bad news. Let’s start with the latter, essentially we’re still recovering from a rocky economic... Read more

US brokerage start-up targets Australians

New York-based fintech start-up Third Party Trade Group (TPT) has launched a new low-cost, API-driven US brokerage servi... Read more

Apple is your new bank

Tech has wrought plenty of changes in the economy, some of which we saw coming, some of which no one saw coming; but h... Read more

Series A funding the best opportunity: Apex Capital

The best opportunity for venture capital firms within financial services is currently at the Series A level, according ... Read more

Three trends driving fintech investment in 2015

While the spotlight may be shining on the fintech market, it is not a new phenomenon. Over the past five years, investme... Read more

How Hong Kong can become a world fintech hub

As the rise of financial technology is being touted as a game-changer for the world's financial industry, many cities ar... Read more

Why has 'social' failed in fintech?

Finance is littered with the graves of startups that have tried to do social. Remember, Kaching, Cake Financial, Robinho... Read more

ANZ launches ‘tap and go’ for UnionPay

ANZ has announced it will roll out contactless EFTPOS payment for UnionPay cardholders in Australia and New Zealand. ... Read more

Level39 ambassador backs Australian fintech

Sydney has all the necessary ingredients in place for a thriving fintech ecosystem, according to an ambassador for Londo... Read more

Stone & Chalk moves to larger premises

"Overwhelming demand" has prompted Sydney-based fintech hub Stone & Chalk to secure larger premises before it offic... Read more

CBA launches Apple Watch app

Commonwealth Bank customers will be able to view live share market information on their wrist with the release of a new ... Read more

Moula closes $30m funding round

Small business lending platform Moula Money has closed a $30 million investment round led by Liberty Financial. ... Read more

Deutsche Bank to launch three tech startup labs in 2015

Deutsche Bank aims to launch three technology innovation labs in Berlin, London and California this year designed to acc... Read more

Why Android Pay will succeed where Google Wallet failed

It's hard to see anything new in Android Pay, but it’s the things you don’t see that may finally push mobile paymen... Read more

Taxi app Ingogo sets new equity crowdfunding record

Ingogo, the Australian taxi-booking app and payment platform, announced on Thursday it had closed $12 million in a new f... Read more

New fintech accelerator to raise $10 million

Venture capital firm H2 Ventures has announced it will invest $100,000 in 100 Australian fintech start-ups as part of it... Read more

Qld investors preparing for RiverPitch

Seven start-ups will have the opportunity to pitch their businesses to early stage investors at the RiverPitch event in ... Read more

Law firm targets start-ups

Legal firm Allens has launched Allens Accelerate, a new practice aimed at helping start-up companies. ... Read more

Spotcap launches in Australia

European online credit provider Spotcap has expanded its operations to Australia. ... Read more

Feedback called for on payments system

The Australian Payments Council is inviting submissions from the community on the future of the payments system, which i... Read more

Disintermediate the banks, urges Tyro boss

Fintech start-ups have to decide if they want to work with the banks or disintermediate them, says Tyro Fintech co-foun... Read more

'Spare change' investment app set for Australia

US start-up Acorns Grow has entered into a joint venture with Instreet Investments to launch its savings investment app ... Read more

Online broker develops Apple Watch app

Online broker Bell Direct has developed an app for the Apple Watch that will allow clients to monitor the progress of th... Read more

DigitalBTC raises $3.5m to launch AirPocket

ASX-listed digital payments firm digitalBTC has completed a $3.5 million placement to fund the rollout of its global rem... Read more

Cloud-based advice app launched

New Zealand fintech firm SuiteBox has launched its video and live document collaboration app into the Australian financi... Read more

NYSE launches bitcoin index

The New York Stock Exchange has launched an exchange-calculated and disseminated bitcoin index. ... Read more

Aussie fintech hub flooded with applicants

Sydney’s new fintech hub, Stone & Chalk, has received twice as much interest as it has available seats – and the... Read more

Crowdfunding included in federal Budget

The federal Budget contains measures that will make crowdsourced equity funding readily available to fintech start-ups. ... Read more

Tyro Fintech Hub partners with Yodlee

Sydney-based fintech hub Tyro has joined forces with US fintech company Yodlee. ... Read more

Australian property crowdfunding launched

VentureCrowd has signed a memorandum of understanding with Mirvac Group in order to offer property to investors. ... Read more

OneVentures hires Silicon Valley entrepreneur

Australian firm OneVentures has recruited an experienced technology investor from Silicon Valley. ... Read more

Ignition Wealth teams up with OpenMarkets

Ignition Wealth has partnered with Melbourne-based online stockbroker OpenMarkets. ... Read more

DigitalBTC to roll out remittance tech

DigitalBTC has announced plans for a new global remittance product that it claims will disrupt the likes of Western Unio... Read more

25 fintech companies set for stardom

Edwin Smith takes a look at 25 of the hottest financial technology companies in the world. ... Read more

Coronis Realty moves to e-conveyancing

Coronis will now be able to deliver faster settlements for its buyers after becoming an early adopter of electronic conv... Read more

Finsia launches digital platform

The Financial Services Institute of Australasia (Finsia) has launched a new digital platform that it says will “put it... Read more

Netwealth launches managed account service

Financial services platform provider Netwealth has launched a managed account offering which provides the opportunity fo... Read more

Digital initiative engages brokers

Mortgage lender Firstmac has attracted 650 brokers to its new video series that shows brokers how to make money using di... Read more

Former Barclays exec to head fintech hub

Stone & Chalk, the new Sydney fintech hub set to open its doors in May, has revealed the identity of its inaugural c... Read more

DomaCom partners with SMSF administrator

SMSF administrator Justsuper has now been added to the panel of service providers under DomaCom Property SMSF. ... Read more

Fintech: picking 'friend from foe'

The disruptive fintech space is being closely monitored by the big banks as they plan their next moves against the secto... Read more

Tech start-ups warned on AFSL requirements

Financial services technology providers may be operating without an AFSL or credit licence, which could make them a targ... Read more

Adapt or die, financial advisers warned

Reforms like FOFA represent 'evolutionary' changes to financial advice, but wealth management is now facing a 'revolutio... Read more

CBA launches 'Albert' tablet

Commonwealth Bank has launched a new EFTPOS tablet set to transform the sales experience between businesses and customer... Read more

Lawyer rejects robo-advice regulatory concerns

The Financial Planning Association's call for enhanced regulation of automated investment products is unnecessary, says... Read more

Regulate robo-advice, FPA warns Treasury

The Financial Planning Association has called for clearer regulation of robo-advice, arguing automated investment tools ... Read more

FIIG Securities 'bond portal' launched

FIIG Securities has launched an online corporate bond portal for participants in the over-the-counter market. ... Read more

Tax professionals warned on fraud risk

The ATO has stressed the importance of vigilance in regard to identity theft and fraud and has listed a number of steps ... Read more

Financial adviser register goes live

IC’s register of financial advisers is now accessible, but some commentators are unconvinced of the consumer benefits.... Read more

Future Fund criticises ‘outdated’ investment tech

There is "very little innovation" in the way institutional investors construct portfolios, argues the Future Fund's mana... Read more

MyState appoint new tech boss

MyState has announced the appointment of Paul Moss as its general manager of technology and operations. ... Read more

Google exec issues disruption warning

Super funds that dismiss digital innovation because of 'regulatory problems' or 'IT problems' are inviting retail banks ... Read more

BT adds managed portfolios to Panorama

BT Financial Group has added a managed portfolios component to its Panorama operating system, which it describes as a ... Read more

Tech firm launches $40 million bond issue

FIIG Securities has arranged a $40 million bond issue for ASX-listed information technology products distributor Dicker ... Read more

Data and analytics to drive financial services

Data and analytics have topped the strategic priorities for financial services companies over the next three years, acco... Read more

Wilson HTM to use Hub24 platform

Platform provider Hub24 has agreed to white-label its investment and superannuation platform for Wilson HTM. ... Read more

Tech expert cautions brokers on app development

One tech expert has cautioned brokers about using the wrong type of technology to build their business. ... Read more

IRESS strikes software deal with CBA

The Commonwealth Bank of Australia has announced it will roll out IRESS's wealth technology platform Xplan to all CBA ad... Read more

Advisers embrace robo-advice opportunity

The majority of financial advisers believe robo-advice represents a chance to tap into younger and lower-net-worth clien... Read more

Praemium acquires UK software provider

Platform provider Praemium has acquired UK-based financial planning software provider Plum Software. ... Read more

Licensees ramp up software investment

Research house Investment Trends has found licensees are investing heavily into their planning software in order for adv... Read more

IRESS, Rubik named top for advice software

IRESS’s Xplan and Rubik's Coin have been named as the top two financial planning software applications. ... Read more

NSW Premier launches fintech hub

NSW Premier Mike Baird has announced the location of Sydney's fintech hub and its inaugural chair. ... Read more

Verification vital to register’s success: Veda

In order for ASIC's adviser register to be trustworthy, practices will need to verify adviser credentials and ownership ... Read more

Robo-advice to wipe out product floggers

US-based financial planning guru Bill Bachrach has suggested robo-advice tools will decimate FUM-focused advisers, while... Read more

Bank launches Australian-first business app

One regional lender has launched a banking app for business customers – the first of its kind in Australia. ... Read more

E-conveyancing system promises good news for buyers and sellers

More than half of Australians are now covered by the country’s emerging electronic conveyancing network. ... Read more

CBA flexes its tech muscles

Australia’s biggest bank has highlighted its technology and digital platforms as a key point of difference when it ann... Read more

Google launches mortgage calculator

Internet giant Google has launched a mortgage calculator as a free new addition to its search engine options. ... Read more

Fintech/wealth M&A set to soar

Financial institutions will be forced to invest more heavily in technology to compete as smaller wealth managers tie up ... Read more

AdviserLogic launches licensee tech tools

Software provider AdviserLogic has launched its 'licensee console' and 'licensee CRMl tools', which it says will assist ... Read more

Lonsec Stockbroking launches new adviser tool

Lonsec Stockbroking has unveiled FrontOffice, a cloud-based practice management tool developed in collaboration with GBS... Read more

New lending model poses threat and opportunity for brokers

Peer-to-peer lending could help brokers write more loans in the short term – but it might also pose a threat to their ... Read more

Legacy stifles adviser tech innovation: Hub24

Hub24 managing director Andrew Alcock said there are advisers who are holding onto multiple technology platforms for “... Read more

Stockspot ranked among top robo-advisers

An Australian online asset allocation tool has been recognised as one of the ‘50 Best Fintech Innovators’ in the wor... Read more

Adviser Ratings welcomes FSI 'innovation collaboration'

Adviser Ratings has applauded the Financial System Inquiry's proposal to create a public-private sector committee to fac... Read more

Advice reforms hurting tech innovation

Advisers have been slow to explore new technology in recent years because FOFA has commanded their attention, a financia... Read more

New SME lending platform threatens majors

Australia’s big four banks will face fresh competition after new peer-to-peer (P2P) SME lending platform ThinCats was ... Read more

Credit fraud responsibility ‘ultimately falls with the lender’

Mortgage brokers have a role to play in combating lending fraud, but banks must bear the ultimate responsibility, accord... Read more

Advisers divided on data protection

Financial advisers are split on the role they should play in protecting clients from data theft, with close to 40 per ce... Read more

Cybercrime could 'destroy' advice businesses

A cyber security breach could have irrecoverable consequences for clients and “potentially destroy” the businesses o... Read more

Britain’s £1 billion-a-day digital banking revolution

Mobile and internet banking in the UK is now being used for transactions worth nearly £1 billion a day. ... Read more

SMEs look to peer-to-peer lending

The SME Association of Australia (SMEA) is developing a peer-to-peer (P2P) lending platform in response to a lack of und... Read more

AMP ups ante on advice technology

Addressing shareholders at the company’s annual general meeting yesterday, AMP chief executive Craig Dunn listed finan... Read more

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