Tagged: australia

August 3, 2022 @ 2:17 am By Omar Faridi  |  

Huobi Group, one of the “leading” digital asset service providers, has completed its registration as a digital currency exchange provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC). This marks “the first step in the company’s push to offer digital currency exchange services in… Read More

August 2, 2022 @ 10:28 pm By Omar Faridi  |  

The team at digital assets firm Gemini are pleased to further their partnership with  Australian fund manager Holon Global Investments, “serving as the custodian partner for their unlisted retail Bitcoin (BTC), Ethereum (ETH), and Filecoin (FIL) funds.” The BTC, ETH, and FIL held by the… Read More

July 31, 2022 @ 9:48 pm By Omar Faridi  |  

The Molo Finance team are pleased to announce their strategic partnership with ColCap Financial, which claims to be a leading Australian mortgage lender (that is joining forces with Molo in order to expand into the United Kingdom). The partnership “includes a broader strategic alliance between… Read More

July 30, 2022 @ 9:40 pm By Omar Faridi  |  

Commonwealth Bank has unveiled its latest technology hub designed “to support more than 400 software developers, cloud engineers and cyber specialists in the Melbourne CBD and help create new opportunities for Victoria’s expanding digital economy workforce.” The hub, based in the heart of Melbourne’s central… Read More

July 27, 2022 @ 2:51 pm By Omar Faridi  |  

In an Australian banking first, retail CommBank customers will be able “to view their personalized carbon footprint within the CommBank app from early August.” The rollout to all CommBank retail customers “follows a pilot launched in October 2021, which allowed over 250,000 customers to view… Read More

July 21, 2022 @ 8:51 am By JD Alois  |  

Marqeta (NASDAQ: MQ)has been selected as the payment processor for Opal Plus, the new transit program for Transport for NSW (TfNSW). The New South Wales (NSW) transit program is being offered in partnership with Mastercard Prepaid Managed Services (MPMS). The NSW government is introducing Opal Plus,… Read More

July 18, 2022 @ 10:07 pm By JD Alois  |  

Investment crowdfunding in Australia grew by 82% in the first 6 months of the year, according to the leading platform Birchal. Birchal shares that this growth was fueled largely due to its operations as it garnered 73% of all online securities offering. Crowd-sourced funding (or… Read More

July 8, 2022 @ 10:01 pm By Omar Faridi  |  

International payments Fintech, Till Payments recently announced a partnership with Alipay+, a suite of cross-border payments and marketing solutions operated by Ant Group, in order to integrate Alipay into its Education product offering while exploring the potential integration of other virtual payment methods offered by… Read More

July 4, 2022 @ 3:40 pm By Omar Faridi  |  

In a bid to prevent more Australians falling victim to scams, Commonwealth Bank has introduced AI tech to detect suspicious and unusual behavior on its virtual banking platforms, keeping more clients safe by alerting them to potential scams. The new AI technology uses machine learning… Read More

July 2, 2022 @ 9:13 am By Omar Faridi  |  

Westpac has announced that it will roll-out new technology which will “enable small businesses to accept payments from customers via their compatible Android mobile.” Westpac Tap on Phone leverages Airpay TAP technology from Australian payment technology provider Quest Payment Systems. It is being trialed with… Read More

June 29, 2022 @ 11:35 am By JD Alois  |  

Volt, a high-profile digital bank operating in Australia, has taken the extraordinary measure of announcing it will close its business, and return its banking license to regulators. In a post on the digital bank’s website Volt announced: “Volt has made the difficult decision to close… Read More

June 27, 2022 @ 12:58 am By Omar Faridi  |  

Splitit (ASX: SPT) and Everyware, a contactless payments and customer engagement solutions company, have agreed to a partnership “to bring Splitit’s Installments-as-a-Service platform to Everyware’s Pay By Text platform eliminating consumer friction for mobile installments.” Everyware will integrate Splitit’s Installments-as-a-Service into its platforms “to deliver… Read More

June 22, 2022 @ 11:40 pm By Omar Faridi  |  

Douugh Ltd (ASX: DOU), the financial “Super App” on a mission to help clients spend “mindfully,” save more and build long-term wealth has launched into Beta in Australia. The beta launch, which will last for around 90 days, comes after Douugh acquired the necessary accreditation… Read More

June 20, 2022 @ 8:23 am By Omar Faridi  |  

Immutable, powering the “next generation” of Web3 games as the carbon-neutral, scalable platform for trading NFTs on Ethereum, has announced the launch of its inaugural development fund, Immutable Ventures. The Immutable Developer and Venture Fund is “dedicated to supporting web3 games and NFT-centric companies that… Read More

June 17, 2022 @ 2:17 pm By Omar Faridi  |  

Identitii Limited (ASX:ID8) is pleased to confirm it has signed a five-year SLA with the Australian arm of the Dutch-led multinational banking and financial services group, Rabobank. Rabobank Australia will “use Identitii’s Cloud-hosted reporting platform, to help further automate IFTI reporting to AUSTRAC.” John Rayment,… Read More

June 17, 2022 @ 8:16 am By Omar Faridi  |  

Fintech Australia has signed up major corporate partners, establishing a total of 11 key partnerships within the last five months. Fintech Australia‘s ecosystem partnership program assists firms with collaborating with the Fintech sector and foster relationships with its major players. The new Gold tier partners… Read More

June 8, 2022 @ 8:32 am By JD Alois  |  

Currencycloud, a payments and transfer Fintech based in London, has received a license to operate in Australia granted by the Australian Securities and Investments Commission (ASIC). Currencycloud said it may now offer its “full suite” of services to Australian clients. This past January in advance… Read More

June 7, 2022 @ 10:12 pm By Omar Faridi  |  

Last year, Commonwealth Bank of Australia set itself the “aggressive” recruitment target of appointing 100 new engineers each month in a bid “to help the bank deliver against its strategy of providing global best digital experiences to customers.” Less than 12 months later and the… Read More

June 7, 2022 @ 10:10 pm By Omar Faridi  |  

Australian property intelligence platform Archistar recently finalized a $11 million strategic funding round led by NAB Ventures as it looks “to streamline the development application process by providing instant feasibility, compliance checks and concept designs for any site across Australia.” Skyfield, Skip Capital and a… Read More

June 7, 2022 @ 1:18 pm By Omar Faridi  |  

ANZ recently announced its Australian and New Zealand based employees who are affirming their gender will be able “to access six weeks of paid leave, and up to 12 months’ unpaid leave.” The newly created Gender Affirmation Leave will support staff as they “undergo any… Read More