Tagged: australia

Australia: New Technology Hub Expected to Bring 200 New Jobs to Queensland

Australia Money

Westpac recently announced the opening of a new technology engineering hub on the Gold Coast, which will aim to create “up to 200 additional jobs in the state over the next few years.” The opening will “enable Westpac to expand its technology, engineering, and training… Read More

Aussie Fintech Peppermint Innovation Granted License to Operate as E-Money Issuer in the Philippines

Australia Money

Peppermint Innovation (ASX: PIL) has reportedly been granted a license in order to operate as an Electronic Money Issuer (EMI) by the Central Bank of the Philippines, “in one of the biggest regulatory milestones achieved by the company.” The EMI license authorizes the company “to… Read More

Quantum Computing: API3 to Bring Quantum Random Numbers to Blockchain

Zoom Warp Speed Blast Artificial Intelligence

API3, the first-party blockchain Oracle solution offering a “seamless” Web3 wrapper that enables web API providers to offer their data directly on-chain, recently announced that API3 QRNG, based on the Australian National University (ANU) Quantum Numbers API, “is now live, allowing Web3 entities to access… Read More

Australia’s Hay Group Introduces Shaype to Support Fintech, Embedded Financial Experiences

Australia

Australia-based Hay Group is introducing Shaype in order to redefine what may be possible in financial innovation, Fintech and embedded financial experiences. Since introducing the Hay as a Service (HaaS) product offering back in 2020, the professional team and the platform’s capabilities have reportedly grown… Read More

Australia’s LAB Group Integrates with Complii Fintech Solutions Ltd to Simplify Financial Advice

Australia

Australia’s “most connected” account opening platform provider, LAB Group , is pleased to confirm that it has teamed up with Complii Fintech Solutions Ltd (ASX: CF1)  “to streamline digital onboarding for Complii’s clients.” Complii is an “innovative” ASX-listed fintech group which “specializes in SaaS-based technology… Read More

Australia’s Westpac Penalized $113M After Several Major ASIC Legal Actions

Australia Money

The Federal Court in Australia has reportedly ordered Westpac to pay penalties in the amount of $113 million “for widespread compliance failures across multiple businesses, including Westpac’s banking, superannuation, wealth management and insurance brands.” Justice Beach recently handed down his decision “in the last of… Read More

Digital Asset Marketplace Zipmex Reports Partnership with National Rugby League

Zipmex at 2022 National Rugby League 20220310

Digital asset marketplace Zipmex has announced a new partnership with the National Rugby League, A-League and community sports teams in Australia. The goal is to broaden exposure and understanding of crypto markets. The partnership includes professional teams Penrith Panthers Rugby League Football Club and Central… Read More

ePayments Teams Up with Alchemy Pay for Australian, New Zealand Crypto Payments

Australia Money

Fiat-crypto payments provider, Alchemy Pay (ACH), has teamed up with merchant payment provider, ePayments, in order to provide cryptocurrency payments and services in New Zealand and Australia. ePayments will integrate with Alchemy Pay “to provide to their merchants with crypto payment acceptance, as well as… Read More

Australian Fintech Firm Archa Finalizes $24M Round

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Australian Fintech firm, Archa, recently confirmed that it finalized its pre-Series A round,  securing $24 million in a mix of debt and equity in order to support ongoing growth and further product development. CEO and Founder of Wisr, Anthony Nantes, reportedly led the Fintech company’s investment… Read More

Crypto ETFs: 21Shares, ETF Securities Introduce First BTC, ETH Exchange Trade Funds in Australia

Double Bitcoin

21Shares AG, a Swiss-based issuer of crypto Exchange Traded Products (ETPs), and the leading ETF provider, ETF Securities have “launched two funds that offer simple, cost-effective and direct access to cryptocurrency investments.” ETFS 21Shares Bitcoin ETF is “the first Australian ETF to invest directly in… Read More

Australia, Singapore to Deepen Fintech Collaboration

Australia

Australia Treasury and the Monetary Authority of Singapore (MAS) recently signed the Australia-Singapore Fintech Bridge Agreement in order “to strengthen cooperation between the Fintech ecosystems of both countries.” The commencement of discussions to develop the Fintech Bridge was “announced in June 2021, when Australian Prime… Read More

FinTech Australia Adds Major Corporate Partners

Australia Money 3

FinTech Australia, the voice of the Fintech industry in Australia, has signed up seven new major corporate partners, according to the association. FinTech Australia states that new “Gold tier “partners include: insurance specialists ii-A, Oracle Australia and global business process management solutions provider WNS. New ecosystem… Read More

MogoPlus Chooses TrueLayer for Open Banking Data Access in Australia via Consumer Data Right

Australia

MogoPlus, the international “experts” in bank transaction data insights, will reportedly work with TrueLayer, a key player in open banking, to “access financial data using Australia’s Consumer Data Right (CDR).” As mentioned in an update shared with CI, MogoPlus is in “the process of becoming… Read More

Westpac Group Appoints Yianna Papanikolaou as New Chief Transformation Officer

Temple Bar Dragon London

Westpac Group recently announced the appointment of Yianna Papanikolaou to the newly created role of Chief Transformation Officer. Papanikolaou will be sitting on the Group’s Executive Team and report directly to company Chief Executive, Peter King. She will have responsibility “for major change and investment… Read More

Banking Super App Douugh Acquires Up to $20M in Discretionary Equity Funding

Australia Money

  Douugh Ltd (ASX: DOU), the banking “super app” that’s on a mission to help customers manage and grow their money, has announced it has entered into “a $20 million equity placement facility agreement with Long State Investments Limited.” Based in New York City, Long… Read More

Australian Securities Exchange (ASX) to Further Postpone Roll Out to Chess Replacement System

DLT Based Chess ASX

The Australian Securities Exchange (ASX) is reportedly set to enforce yet another delay to the cutover of its blockchain-powered post-trade network, which was initially expected to go-live in April of last year. The ASX has been working cooperatively with distributed ledger tech (DLT) specialist Digital… Read More

Australian Payments Fintech Zepto Secures AUD 25M

Australia Money 3

AirTree Ventures and Decade Partners have provided $25 million in capital to Zepto in order to support the next wave of innovation “transforming the payments landscape, accelerate company headcount growth and drive Zepto’s international expansion.” The team at Zepto noted that they are “humbled and… Read More

Australian Fintech Cape, an Expense Management Platform, Acquires $33.1M in Funding

Australia

Australian expense management Fintech Cape has acquired $33.1 million in capital from Aura Ventures, Investible, Scalare Partners, Mercury Capital and various business angels. Cape intends to offer a centralized node for handling internal expense controls, eliminating duplicate and unnecessary expenses, in order to assist firms… Read More

ANZ Introduces ANZ Plus, Designed to Give Australians More Control of their Funds

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ANZ has introduced a virtual banking service, ANZ Plus. Smart, “secure” and built on an updated banking platform, ANZ Plus is specifically designed to give Australia-based consumers a lot more visibility and control of their funds. The first release from ANZ Plus is described as… Read More

Birchal Has Now Enabled Over $100 Million in Securities Crowdfunding

Birchal Team Photo

Investment crowdfunding platform Birchal has surpassed $100 million in financing (as of March 17, 2022), according to an email from the company. As the largest crowdfunding provider in Australia, Birchal is the first to top this amount. As of March 2022, Birchal claims to be… Read More

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