Industry

Momentum Media, the business behind Fintech Business, has appointed a managing editor, wealth and innovation, as Fintech Business and its sister brands continue their upward growth trajectory.

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Innovation is being ‘squashed’ within the financial sector by the big banks determination to maintain the status quo, according to a new Capgemini report.

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Australia’s major banks will be “invisible” by 2030, with both branches and call centres made obsolete by new technologies, KPMG says.

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Due to declining demand for cash-handling services, Citi has announced it will cut the service entirely from its branches.

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More than half of Australian fintech companies are now collecting revenue but only one in seven are profitable, according to an EY survey.

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