Labor delivers budget underweight in tech focused measures

Fintech needs basic support from policy-makers, an industry figurehead has said. ... Read more

CFS launches new adviser people and culture platform

CFS has launched a new platform to support its adviser community. ... Read more

AMP launches ‘innovative’ new retirement solution

AMP is launching a retirement solutions product that is the first of its kind. ... Read more

Finfluencers are often ‘extravagant, misleading and unlicensed’, says ASIC chair

The corporate regulator has made a number of blunt statements regarding finfluencers. ... Read more

Advice practices lack ‘deliberate’ tech stack

Well-integrated tech is no longer “nice to have” for practices but many have not made conscious decisions on the sol... Read more

Likely Privacy Act changes to impact advisers

The peak body for innovation technology has asked for the inclusion of small businesses under the Privacy Act, a request... Read more

Senator Bragg introduces bill to regulate crypto

Senator Andrew Bragg has released a draft bill for consultation that, among other things, establishes disclosure require... Read more

DASH adds Australian research company to advice marketplace

The advice software and platform solutions provider confirmed the news this week. ... Read more

Ric Edelman invests in Sydney-founded advice platform

The company expanded to the US earlier this year. ... Read more

Crypto risks force change in prudential architecture

APRA has outlined its intentions to modernise the prudential architecture.  ... Read more

How ‘finfluencing approaches’ can make an adviser better

The discussion around “finfluencers” continues to grow as they continue to grow in numbers. ... Read more

BT appoints new head of marketing

Starting this week. ... Read more

Why embracing technology can help ‘automate the compliance’

A local industry head has outlined the key benefits of embracing technology. ... Read more

Advice firms see cyber awareness as a ‘threat or opportunity’

Cyber security discussion continues to grow in the sector. ... Read more

Government's crypto audit will ‘reduce confusion’ and ‘enhance confidence’ for advisers

A major audit was announced earlier this month. ... Read more

Mason Stevens announces partnership with Annature for national adviser network

The company is the latest to sign on. ... Read more

Government announces 'world-first' major audit of crypto sector

The Albanese government is set to launch a major audit of the crypto sector to determine how it should be regulated. ... Read more

Finfluencers: The pros, the cons and the future of advice

Finfluencers are increasing the need for advisers to find their voice and to establish themselves as leaders in a highly... Read more

Managed accounts' interest growing on back of 'shrinking number of advisers'

The use of managed accounts continues to grow at a rapid rate. ... Read more

North gets revamp ahead of 'market-first' retirement solution

The wrap investment platform has launched a refreshed brand. ... Read more

Influx of crypto investors highlights need for ‘robust and appropriate’ regulation

Crypto is now the second most popular investment product in Australia. ... Read more

Number of advisers using platforms hits 10-year high, but issues remain

Financial advisers are calling for stronger support services, according to new research. ... Read more

Class announces general manager appointments after HUB24 acquisition

The new hires were announced on Tuesday. ... Read more

New CEO appointed at Iress

The former CEO of PEXA will take up the role later this year. ... Read more

Number of advisers using HUB24 grows in latest quarter

The investment platform has released its June quarter results. ... Read more

FinTech Australia recruits former Fed Government adviser

FinTech Australia has appointed its first policy lead. ... Read more

Stephen Jones moves ahead with BNPL regulation

Consultation on improvements to the regulation of credit, including buy now, pay later products, will begin soon. ... Read more

New 'finfluencer' trend emerges as licensees recognise value of social media

Equity Story Group has made it its mission to offer finfluencers shelter from ASIC by allowing them to practice under it... Read more

Count Financial enters exclusive partnership with local tech company

Count Financial and Australian technology company, Annature, have entered an exclusive partnership to provide integrated... Read more

Popularity of crypto drives surge in investment scam losses

Record levels of scam activity were seen in Australia last year. ... Read more

New challenges and opportunities emerge for Aussie fintechs

KPMG has shared its evaluation of the local fintech industry. ... Read more

New report stresses BNPL sector's sizable contribution to economy

A new report has emphasised the BNPL sector's key contribution to the Australian economy. ... Read more

Govt confirms crypto will continue not to be taxed as foreign currency

The federal government has sought to clear up uncertainty about the status of crypto for tax purposes following the adop... Read more

ASIC urge businesses to make ‘long-term’ commitment to cyber awareness

The corporate regulator says cyber safety is a “company culture matter”. ... Read more

Crypto regulation must be comprehensive and coordinated globally, says IMF

The IMF has called for a coordinated and comprehensive regulation of crypto-assets. ... Read more

Aussie fintechs announce ‘historic’ merger

The companies have confirmed their move. ... Read more

Visa-owned payments platform Currencycloud granted AFSL

Cross-border payments platform Currencycloud is expanding its offering in Australia. ... Read more

FinTech Australia takes on Treasury over crypto regulation

The organisation has released its response to Treasury’s consultation paper on the licensing and custody requirements ... Read more

Local advice platform secures $3m investment to US expansion

The Sydney-founded company has confirmed the investment. ... Read more

FinTech Australia CEO resigns - 2022

The industry body has confirmed the departure of its CEO while also appointing a new general manager. ... Read more

Govt called to make stronger protections on ‘volatile and high-risk’ crypto market

A consumer group has released new data into crypto-assets. ... Read more

NAB becomes last major bank to embrace BNPL

NAB has become the latest bank to enter the BNPL market. ... Read more

Fintech announces first head of sales for Australian office

The move will support the business’s growth in the local market. ... Read more

Advice industry ‘going to need to work’ with regulators on rise of crypto

Crypto is only going to get bigger. ... Read more

‘Greatest challenge’ for wealth service providers engaging with young investors revealed

New research into the latest developments in digital technology used to deliver wealth services has been revealed. ... Read more

After the recent stablecoin crash, could we see a ‘cryptogeddon’?

The collapse of TerraUSD last week sent the crypto market into a panic, raising fears about broader financial impl... Read more

Major crypto gift to fund pandemic detection tool

UNSW Sydney has received the largest known cryptocurrency donation to an Australian higher education institution. ... Read more

Hume declares 'the worst is over' for advisers, backs finfluencers

The “worst is over” in the advice industry, Senator Jane Hume said in a recent interview, while also reiterating h... Read more

Bitcoin principal protected note launched by Zerocap

The Australian crypto-asset firm has described the note as a world first. ... Read more

Firms must manage third-party risks to fully engage with open banking technology

Open banking technology has great potential, but financial services firms must ensure they have the capacity to engage... Read more

‘That should be their bread and butter’: Who got off ‘scot-free’ in last year’s regulations

One particular group in the financial services industry avoided the brunt of heavy regulatory reform last year, accordin... Read more

Financial counsellors urge for stronger buy now, pay later regulation

All parties should commit to stronger regulations for the BNPL sector, according to Financial Counselling Australia. ... Read more

Australia's tech sector forced to look overseas for talent

Australia’s peak body for innovative technology has released the results from its latest survey. ... Read more

The problem with regulators and the ‘unregulated world’

Regulators of the financial services industry are “struggling” to keep up with developments such as the rise of cr... Read more

Is crypto getting the shaft for a big gold re-polish?

While the spotlight shines on trendy cryptocurrencies, investors evidently haven’t lost interest in traditional ... Read more

ASIC confirms charges against cryptocurrency lender for false ACL claims

ASIC has confirmed the charge against the Melbourne-based lender. ... Read more

Why digital adoption shake-up has impacted advisers more than clients

An Australian fintech provider managing director believes financial planners have been the most affected by the digital ... Read more

WealthO2 announces name change

The advice software and platform solutions provider has officially announced the rebrand. ... Read more

‘Milestone’ research to examine advisers’ evolving technology needs

Investment Trends will join forces with an independent global technology consultancy to deliver new research into financ... Read more

Former Insignia platforms head to join BT

The wealth management business has confirmed a new appointment. ... Read more

HUB24 appoints chief growth officer

HUB24 has appointed a chief growth officer to lead the company’s distribution and marketing functions. ... Read more

Government pledges 'minimalist' crypto licensing regime

Minister Hume has pledged minimalist regulation for the emerging blockchain and crypto sector, declaring the government ... Read more

‘No different to fake news’: Support for ASIC’s finfluencer warning

The corporate regulator’s address to financial influencers - or “finfluencers” - this week is a “wake-up call”... Read more

ASIC addresses finfluencers: ‘If we see harm occurring, we will take action’

The corporate regulator has published an information sheet on how the law applies to social media influencers or “finf... Read more

Aussie start-up aims to ‘shake up’ equipment finance market

The local fintech says its technology will “revolutionise” equipment finance lending. ... Read more

Government consults on Consumer Data Right expansion

The government has proposed expanding the Consumer Data Right to non-bank lending as well as superannuation and general ... Read more

Biden’s crypto executive order marks a ‘historic’ moment for digital currencies

The price of bitcoin spiked after the executive order on digital assets was revealed. ... Read more

Senator details ‘beefed up’ crypto regulation

‘Beefed up’ crypto regulation must also still allow new entrants to emerge, according to Senator Andrew Bragg. ... Read more

WealthO2 announces five new ‘key hires’

The wealth management software provider has confirmed new appointments in its distribution, risk, compliance and develop... Read more

Emmi appoints new COO

The Australian fintech has named its new chief operations officer. ... Read more

Global fintech easing Aussie access to US stocks

Revolut has added its Stock Trading feature to its Australian offering, helping local investors access the US stock ma... Read more

Aussie bitcoin mining startup sets pre-seed funding record

An Aussie bitcoin mining startup Arkon Energy has raised $2.6 million in pre-seed funding, setting an Australian record.... Read more

Hummgroup's cash net profit drops amid Omicron

Hummgroup delivered a cash net profit after tax of $27.8 million. ... Read more

‘ASX-listed fintech companies continue to gain critical mass’

Australian mergers and acquisitions activity reached record highs in 2021. ... Read more

Findex partners with Iress to deliver ‘technology-enabled’ advice service

The financial services and advisory firm has selected Iress’ Xplan to “increase efficiency and unlock scale across i... Read more

BT Panorama managed accounts FUA up 68%

The wealth platform says advisers taking up managed accounts (MAs) solutions on BT Panorama have driven its growth in th... Read more

New fintech marketplace launched for SMSF sector

A property finance specialist has announced a new marketplace where self-managed super fund (SMSF) borrowers can find th... Read more

Melbourne-based fintech inks deal with Bendigo and Adelaide Bank

Melbourne-based fintech Timelio will be acquiring the invoice finance business of Bendigo and Adelaide Bank. ... Read more

Court approves HUB24’s acquisition of Class

The Supreme Court of NSW has approved the arrangement under which HUB24 will acquire all the shares in Class. ... Read more

Crypto-asset adoption continues to grow: ASIC

The corporate regulator said investor protection is the biggest factor for its surveillance on the rise of crypto-asset ... Read more

Younger generations tipped to ditch finfluencers and move back to ‘credible’ advice

Younger people will revert back to traditional financial advice services over “finfluencers”, an advice tech provid... Read more

ASIC tackles corporate disclosure with new regtech initiative

The regulator has challenged regtechs to identify and assess poor market disclosure using technology. ... Read more

Global crypto users tipped to reach 1 billion in 2022

The number of crypto owners worldwide grew to 295 million in 2021, according to a new report. ... Read more

‘Regulator has no idea’: Industry reacts to ASIC’s warning over SMSF crypto investments

The corporate regulator’s new warning about SMSF crypto investments has received a mixed reaction. ... Read more

Bitcoin’s rough start to the year may just be the beginning

Some bitcoin backers are jumping at the chance to gain from recent losses in the cryptocurrency market. ... Read more

XRPayNet looks to break into buy now, pay later sector

A crypto startup is branching into BNPL. ... Read more

Zip appoints Australian chief product officer

The buy now, pay later company has confirmed a new member to its ANZ leadership team. ... Read more

Treasurer unveils timeline for crypto regulation

Federal Treasurer Josh Frydenberg has outlined the government’s plans to move forward with a tranche of new crypto-ass... Read more

Iress names new communications and marketing chief

The financial services software provider has announced its new chief communications and marketing officer. ... Read more

Aussie crypto exchange collapses

Liquidators have been called in following the collapse of an Australian cryptocurrency exchange. ... Read more

ETFS to launch bitcoin and Ethereum ETPs

Two more crypto ETFs are coming to the Australian market. ... Read more

Omicron takes a bite out of bitcoin

Omicron has taken the wind out of bitcoin’s sails, but crypto evangelists say the sector remains on track. ... Read more

ASIC acknowledges ‘extraordinary’ crypto demand

ASIC’s Joe Longo described CBA’s entry into the crypto-trading marketplace as “telling” of the reputation crypto... Read more

'Widespread robo-advice not welcome'

The AIOFP has accused the government of overlooking the facts as it pursues the introduction of robo-advice. ... Read more

Rest looks into crypto to diversify member savings

Retail industry fund Rest is considering cryptocurrencies as a way to diversify members’ retirement savings. ... Read more

RBA expects crypto hype to die down

The RBA’s resident payments expert says current speculative demand for cryptocurrencies could begin to reverse, ... Read more

7 in 10 advisers bullish about future growth prospects

Financial advisers are bullish about future growth prospects despite ongoing challenges. ... Read more

Inflation may be the culprit for crypto’s latest ATH

Experts say that this week’s triumphs for the crypto market are the result of investors looking to dodge rising inflat... Read more

Chinese crackdown paves way for crypto mining migration

China is no longer the biggest contributor to the global hash rate. ... Read more

ETF hype pushes bitcoin towards new all-time high

Bitcoin is sprinting towards a new all-time high. ... Read more

Australia’s first crypto-ETF makes historic debut

Australia’s first crypto ETF has broken ASX trading records within hours of its arrival. ... Read more

Global fintech appoints new board members

Change Financial has added two new members to its board. ... Read more

Iress CCO to depart company effective immediately

Iress has announced that its chief commercial officer, Michael Blomfield, and chief communications and marketing offic... Read more

Senate inquiry proposes laws to turn Australia into leading digital economy

Senator Bragg’s proposed market licensing regime for digital currency exchanges has been met with a welcome rece... Read more

Institutional investors could add $500,000 to bitcoin overnight

Cathie Wood warns against underestimating disruptors, meme-stocks and says that bitcoin is being held back by inst... Read more

Colonial first investment platform to sign onto new advice solution

Colonial First State (CFS) will be the first investment platform to sign onto Iress’ new blockchain-based solution f... Read more

Australian crypto exchanges make good on foreign regulations in the absence of local rules

Australia’s biggest crypto exchanges are making regulatory breakthrough overseas, while local legislation remains in t... Read more

Institutional investors reconsider crypto for long-term capital growth

New research into the changing attitudes around investing in cryptocurrencies suggests that those who don’t yet ... Read more

Australian fintech recruits new head of finance division

Airwallex has announced the appointment of two new senior executives. ... Read more

Byron Bay fintech rebrands and recruits former GoCardless GM

Zepto, formerly known as Split Payments, has hired Carolyn Breeze as its new chief commercial officer. ... Read more

Twitter adds support for crypto tips

Twitter will now let users tip one another in bitcoin, but not everywhere. ... Read more

Australian fintech company announces new chief technology officer

Australian company Tic:Toc has announced a new chief technology officer this week. ... Read more

Melbourne based fintech raises US$200m in latest capital raise

Airwallex, a Melbourne-based global payments platform fintech, announced that it raised a further US$200 million followi... Read more

Australian fintech company announces new chief technology officer

Australian company Tic:Toc has announced a new chief technology officer this week. ... Read more

APAC’s banking sector expects to pay a high price on digital transformation

Investments in big data, blockchain and machine learning are helping close the gap, but the track record remains mixed w... Read more

Advisers need to up their tech-savviness to tap into the burgeoning millennial market

A new report has revealed advisers will have to up their digital capabilities to ensnare a younger millennial audience... Read more

Crypto platform lands senior leadership targets in growth mission

Bamboo, Australia’s only cryptocurrency micro-investment platform, has announced the appointment of key leadership p... Read more

Banks moving to mimic neobanks with wellness tools

After being caught off guard by BNPL, banks are thinking more seriously about financial wellness. ... Read more

Local fintech appoints ex Venmo CFO

An Aussie fintech has announced the appointment of a former executive of global payments giant Venmo as its new CFO. ... Read more

Investors ‘taking a risk’ on crypto providers: ASIC

The corporate regulator has warned investors that using overseas crypto operators will not provide the same consumer pro... Read more

Can debt collection transform its image? We think so, here’s how

Promoted by TSA Group The traditional debt collection model needs a makeover. The big opportunity facing lenders is to ... Read more

Non-major bank acquires Melbourne fintech

The bank announced the acquisition as part of its half-year results announcement on Monday, and says the purchase will a... Read more

FinTech Australia CEO to step down

The fintech industry body has announced its chief executive will depart for a new role at a venture capital fund. ... Read more

Square locks in Afterpay acquisition

Twitter founder Jack Dorsey’s payments platform will acquire Australia’s original buy now, pay later success story f... Read more

Iress rejects takeover bid, gears up for growth

The financial advice technology group has recently rejected two takeover bids from a European private equity consortium ... Read more

How Australia’s retail investing bubble could play out

As the COVID pandemic sees first-time retail investors explode in number and online trading start-ups race to become “... Read more

Start-up bank granted provisional licence

Adding to further competition in the challenger bank space, a new digital bank has been granted its provisional licence ... Read more

Vanguard makes moves on low-cost competitors with fee cut

The global investment giant has slashed costs on its investment platform as competition in the low-fee brokerage space h... Read more

What makes Australia ‘crypto ready’?

As the emerging asset class continues to take hold across the world, Australia has emerged as the eighth-most “crypto ... Read more

Nation climbs the ranks as fintech powerhouse

Australia has climbed up the rankings to sit just outside the top five fintech hubs in the world, according to a new rep... Read more

Goals-based advice platform positions for growth

A goals-based advice platform has announced the appointment of two experienced industry executives as it closes out a c... Read more

Ignition Advice appoints new board member

The expanding digital advice group has appointed a longstanding financial services executive to its board. ... Read more

Stay at the leading edge of finance with UNSW Online

Promoted by UNSW. University of New South Wales (UNSW) Online is providing finance and IT professionals with the skills... Read more

US regulations signal crypto clampdown

The Biden administration’s moves to tax cryptocurrency transfers could be the first in a series of regulatory changes ... Read more

Budget a missed opportunity for fintech sector

While this year’s budget contained positive measures to boost Australia’s entrepreneurial talent pool, the governmen... Read more

Pepper Money flags IPO

The non-bank lender is set to list on the ASX, having launched an IPO at an offer price of $2.89 per share to raise $500... Read more

Bidding war rages for Mainstream

SS&C has upped the ante with its bid for investment administration provider Mainstream after rival Apex fired off a ... Read more

AMP cuts platform pricing fees

AMP Australia has rolled out several pricing changes to its platforms in a bid to offer a more attractive offer than i... Read more

Former Hume adviser joins FinTech Aus board

Industry body FinTech Australia has appointed a former senior Turnbull and Morrison government adviser to its board as a... Read more

Midwinter partners with wealth platform

The advice software provider has inked a new integration deal with a client wealth portal that allows advisers to easily... Read more

AMP Capital veteran joins Ignition

Former AMP Capital APAC managing director Craig Keary has found a new home as Asia chief executive of digital advice pro... Read more

Iress upgrades profit guidance

The investment software provider has raised its forecast profit range for the full year by $14 million, on the back of w... Read more

OpenMarkets Group reveals IPO ambitions with major appointments

Trading and wealth management fintech OpenMarkets Group has launched a significant board shake-up and acquired a goals-b... Read more

Open banking, tax and visas addressed in Senate fintech report

The Senate fintech committee has tabled its second report for its inquiry into the sector, listing 23 recommendations to... Read more

Australia needs to step up on blockchain: Bragg

Australia is behind on its treatment of blockchain products, Liberal senator Andrew Bragg has warned, which could drive ... Read more

Advisers boost technology adoption

Financial planners are improving their attitude to technology as the COVID crisis has acted as a catalyst for many to em... Read more

HUB24 records $1.9bn inflows

The investment platform has lured almost $2 billion in net inflows over the March quarter, with its acquisitions driving... Read more

SS&C moves on Mainstream acquisition

Mainstream’s board of directors has unanimously recommended an acquisition offer from US-based SS&C that values th... Read more

Buying 86 400 will fire up competition, NAB says

The chief of the big four bank has denied the 86 400 takeover will kill industry competition, insisting the deal will in... Read more

Praemium reaches managed funds high

Praemium's funds under management reached a new record for the March 2021 quarter amidst a “busy period” for its Aus... Read more

FinTech Australia teams with data association on open banking

FinTech Australia and the Australian chapter of the Financial Data and Technology Association (FDATA) have partnered up ... Read more

Link Group teams with advice tech

Data administrator Link Group has partnered with wealth technology provider Retirement Essentials, to roll out a person... Read more

MLC advice boss joins wealth tech

UK advice software provider Intelliflo has named Geoff Rogers as its first head of Australia, as it steps into the loca... Read more

Plenti raises automotive funding limit

The lender has upped the limit of its automotive warehouse facility from $275 million to $350 million. ... Read more

Assembly Payments, CurrencyFair to merge

International money transfer platform CurrencyFair and Aussie fintech Assembly Payments are set to join forces, with the... Read more

FinTech Australia, Austrade sign MoU

The Australian Trade and Investment Commission has promised to support offshore expansion and foreign investment for the... Read more

ACCC gives go-ahead to NAB, 86 400 deal

The competition watchdog has cleared the way for NAB’s proposed acquisition of neobank 86 400, ruling other fintechs i... Read more

Buy now, pay later rising as consumers seek alternative credit

Consumer awareness of buy now, pay later services, including AfterPay and Zip, continues to grow as Aussies look for alt... Read more

BT presses on with Panorama migration

The group flagged that it had transferred almost 40,000 clients onto its Panorama platform over the past week as part of... Read more

Australia urged to revamp crypto regulation

Digital assets exchange BTC Markets has called for policymakers to update Australia’s “unclear… and outdated” re... Read more

Praemium boosts sales team

Praemium has made a number of appointments in its sales team as it looks to grow the reach of its managed accounts platf... Read more

DocuSign unveils digital ID verification partnership

The digital signature services provider is partnering with Australia Post to integrate its ID verification with Australi... Read more

Victoria passes mortgage e-signature laws

Victoria has become the first state to make permanent reforms that will allow the use of digital signatures for mortgage... Read more

Capify launches ‘COVID Flexible Loan’

Non-bank lender Capify has rolled out a new loan product extending flexible repayments to SMEs to help them “recover a... Read more

CBA, PayPal pose threat to BNPL players

The recently declared entrances of CBA and PayPal into the buy now, pay later space could shake up the market and regula... Read more

Senate fintech committee expands orbit to world domination

The Senate has voted to expand the scope of the fintech select committee, changing its remit to boosting Australia’s p... Read more

CBA’s BNPL play comes with a question mark

CBA’s new buy now, pay later (BNPL) product might not be a gold-plated money maker – but it is a sign of things to c... Read more

Volt to expand BaaS via partnership

The neobank is preparing to accelerate its banking-as-a-service offering to businesses following a new partnership with ... Read more

HUB24 signals regtech launch

Platform provider HUB24 has flagged the launch of new compliance technology for advisers following its purchase of a sta... Read more

Data is the ‘new oil’: RBA

The governor of the Reserve Bank has said investments into data and digital infrastructure will be essential for the Aus... Read more

Global fund administrator offers $180.1m for Mainstream

Mainstream Group has secured a $180.1 million takeover bid from Hong Kong-headquartered fund administrator Vistra, but i... Read more

Tech to make advice seamless: Iress

While robo-advice has failed to thrive in the Australian market, there are important lessons financial advisers can take... Read more

Advice body urges government act on wealth tech

The national president of an advice industry peak body has called for the government to put its money where its mouth is... Read more

PEXA partners with homelessness organisation

The digital property settlement service provider has teamed up with an organisation that tackles homelessness in Austr... Read more

Hume, Treasury take over CDR rule making

The minster for financial services has taken over from the ACCC as Consumer Data Right rule maker. ... Read more

Iress flags industry-wide DDO solution

The advice technology group has said it will deliver an industry standard technology solution to store data required by ... Read more

Bravura profits plummet by 54%

The wealth management software group announced plunging profits for the first half of the 2021 year as it conceded the C... Read more

Douugh to use influencer plugs

The neobank has partnered with affiliate marketing firm Rakuten, indicating it will start looking to advertise through i... Read more

ASIC takes CommSec, AUSIEX to court

ASIC has launched civil penalty proceedings against CommSec and AUSIEX for “systemic compliance failures” over a “... Read more

Chant West acquires Rice Warner insurance comparator

Superannuation research hub Chant West has entered into an agreement to purchase comparison software brand Galaxy Insura... Read more

Former eBay, PayPal exec to lead Aus fintech

Frerk-Malte Feller, former executive for eBay, PayPal and Afterpay has become chief executive of payments technology pro... Read more

Banks keen for digital amid open banking: report

Nearly half of all global banks want to become digital ecosystems in the wake of open banking, with incumbent banks set ... Read more

Prospa recovering from COVID

The SME lender continued to recover from its COVID trough, but loan originations in the first half of the 2021 financi... Read more

Ezidox named CDR recipient

The document collection platform has qualified as an accredited data recipient under the Consumer Data Right. ... Read more

Australia's top adviser platforms ranked

New research has revealed the top platforms in the Australian market according to adviser preferences, with one listed c... Read more

HUB24 raises platform growth outlook with Xplore acquisition

HUB24 has outlined expectations it will double the funds administrated by its platform in the next two years, as it has ... Read more

Xero recruits former NAB, KPMG execs

Small-business platform Xero has recruited two big four bank veterans to be its executive general manager for financial ... Read more

Businesses skimping on fintech

Only a third of businesses in the APAC region have actively adopted fintech solutions, according to a survey by fintech ... Read more

UniSuper joins Judo investors

The challenger bank has closed its $284 million Round 4 capital raise, with six new investors backing the Australian f... Read more

Netwealth projects ongoing funds growth

The platform provider lured $4.5 billion in net inflows for administrated funds during the first half of the 2021 financ... Read more

Webjet chair to join Iress

The chair of the weatlh technology provider is set to step down in a few months’ time, with the current chair of Webje... Read more

Fintech a double-edged sword for super: Hume

The minister for the digital economy and financial services has indicated she is watching how emerging technology could ... Read more

Consumers vulnerable to TikTok investing advice, research finds

Social media influencers are propagating misleading investment advice and holding a high amount of sway among young peo... Read more

Lumiant secures agreement with fintech group

The new goals-based advice platform has announced an agreement with an open banking group to give real-time access to cl... Read more

Praemium profit rises with Powerwrap acquisition

Wealth platform provider Praemium saw record first-half results with profit and funds under administration both soaring ... Read more

UK fintech inks deal with local advice group

A deal with a UK software provider will see listed advice group Centrepoint Alliance allow its advisers to access new t... Read more

Milestone launches asset allocation solution

Global fintech Milestone has announced the launch of a new institutional asset allocation solution targeting Australia�... Read more

Tax, regulation named obstacles in rush for Asia finance crown

A committee assembled by senator Andrew Bragg has urged the government to slash convoluted tax and regulatory obligation... Read more

Easton board adds HUB24 director

A HUB24 non-executive director has joined the board of Easton Investments, as the first of two new additions under the... Read more

BT names platform head

The institution has appointed a former head of MLC's MasterKey platform to lead the migration of customers onto its Pano... Read more

SME lender partners with LG

LG Solar and Energy has pointed to SME lender Grow Finance as its preferred finance supplier. ... Read more

Lumi secures $40m warehouse facility

SME lender fintech Lumi has nabbed a $40-million warehouse facility, allowing it to expand its loan offer size. ... Read more

News Corp backs Bricklet raise

Fragmented property platform Bricklet has completed its Series A capital raise – with News Corp and REA Group signing ... Read more

NAB buys 86 400

NAB has bought upstart challenger 86 400, signalling it will merge the neobank with its digital banking business UBank.�... Read more

Lendi reports surge in mortgage applications

Loan platform Lendi has revealed a rise in mortgage activity in January, with there being pressure on banks to keep up. ... Read more

Wealth tech hires deputy chair

Advice technology provider Ignition Advice has recruited a new deputy chair. ... Read more

WealthO2 adds chief distribution officer

Advice technology provider WealthO2 has continued its hiring spree with the appointment of a new chief distribution offi... Read more

Jacaranda Finance partners with Monoova for automation

Fintech lender Jacaranda Finance has teamed with payments provider Monoova to roll out automation across its payments. ... Read more

Older consumers flocking to digital banking through pandemic

An international poll has found more than 90 per cent of consumers over the age of 60 have used online banking for the f... Read more

Xinja exit a warning for fintechs, researcher says

A researcher has cautioned fintechs such as UK-based Monzo Bank could face the same fate as Xinja if they don't make the... Read more

Xinja hands over deposits

The neobank has transferred its remaining $65,809 worth in deposits to NAB after it declared its exit from the industry.... Read more

Government review lists 100 ways to improve open banking

The final report into the Inquiry into Future Directions for the Consumer Data Right has recommended third parties shoul... Read more

Netwealth raises inflows guidance by $500m

Despite the COVID crisis, Netwealth has upped its forecast inflows for the 2021 financial year, after pulling a $4.8 b... Read more

HUB24 signals Easton review

Platform provider HUB24 has revealed it will instruct the listed advice group to conduct a “strategic review” with a... Read more

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

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

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

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

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

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 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 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 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 ( 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 - 2018

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 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