Latest News:
- Labor delivers budget underweight in tech focused measures
- Hurdles emerge for Aussie fintechs after period of record investments
- A future without SOAs
- CFS launches new adviser people and culture platform
- AMP launches ‘innovative’ new retirement solution
- Finfluencers are often ‘extravagant, misleading and unlicensed’, says ASIC chair
- Advice practices lack ‘deliberate’ tech stack
- Likely Privacy Act changes to impact advisers
- NAB leads $6m funding round for Australian fintech Thriday
- Can technology finally make goals-based advice a reality?
Industry
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 managing director, retail lending Steve Weston.
Write comment (0 Comments)Spaceship hires compliance experts to appease ASIC
Spaceship has beefed up its compliance team with four finance sector appointments after ASIC fined the Millennial-focused fund for misleading its members.
Write comment (0 Comments)Block.one appoints CBA executive
Commonwealth Bank chief financial officer Rob Jesudason has resigned with immediate effect to lead Hong Kong blockchain firm Block.one.
Write comment (0 Comments)Government sets aside $138m for innovation and fintech
The government’s 2018-19 federal budget has pledged $138 million to open banking, digital identity programs, blockchain and the fintech sector, but was coy about the details around open banking in its documents.
Write comment (0 Comments)Target retirees, not Millennials, fintechs told
Despite large amounts of venture capital money flowing into Millennial-focused fintech businesses, the sector would be better off targeting wealthier retirees, says Centana Growth Partners.
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