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Rising software spend to attract more businesses to tech sector
Australian businesses invested a record $4.64 billion in software in the second quarter of 2018 as they sought efficiency gains. Total spending in 2018 could hit $20 billion as more businesses use cloud-based software to automate processes and cut costs, which will attract more financial and marketing companies to the technology sector to cash in on the boom.
Write comment (0 Comments)Why should digital currencies be included as an asset class
Cryptocurrencies are becoming viable alternatives to traditional fiat currency and are gaining traction within investor portfolios globally. Today, cryptocurrencies are increasingly being viewed as not only a medium of exchange but also a store of value, among other things.
Write comment (0 Comments)Royal commission’s blowtorch on banking underbelly is good news for fintech sector
An archaic, bloated banking sector in turmoil and a burgeoning, agile fintech industry growing at breakneck pace are the two ingredients which could set the stage for a revolution in how Australians access credit, says Clayton Howes, CEO of MoneyMe.
Write comment (0 Comments)AI: A new era in customer service
If the financial crisis told banks where they were going wrong (i.e. putting profits before customers), artificial intelligence gives them an opportunity to fix it. Delivering financial services that meet the precise needs of a diverse and demanding customer base has never been easy or cheap. But AI offers banks and other financial service providers the tools to deliver superior customer service at speed and at scale.
Write comment (0 Comments)Pension tech has a long way to go
The pension industry requires a radical rethink of their entire system, designed around the needs of the next generation of users. This is where blockchain comes in.
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