Tagged: australia

August 28, 2022 @ 7:52 pm By JD Alois  |  

Australian Wealthtech Super Fierce has topped $116 million in “anticipated super fees saved” for its users after launching 5 months ago, according to a note from the company. Super Fierce is a wealth advice platform and social platform that aims to help women close the… Read More

August 24, 2022 @ 11:41 pm By Omar Faridi  |  

Hello Clever, an Australia-based ‘Buy-to-Earn’ company that gives consumers real-time cashback, has secured A$4.5 million via seed funding round. The investment round has been led by Vectr Fintech Partners along with contributions from CrossFund, Yolo Investments, Magnivia Ventures, Son Tech Ventures, Boson Ventures and several… Read More

August 21, 2022 @ 9:38 pm By JD Alois  |  

The Australian government has announced that work is “underway on crypto asset reforms” as it aims to regulate digital assets better. In a statement by the Treasury, jointly delivered by the Honorable Jim Chalmers MP, Treasurer and the Honorable Dr. Andrew Leigh MP,  Assistant Minister… Read More

August 21, 2022 @ 9:05 pm By JD Alois  |  

The Australian Securities and Investment Commission (ASIC) has posted its Corporate Plan, which seeks to chart its course over the next four years. As one may anticipate, it is heavy on tech-related items, including crypto or digital assets. Joseph Longo, Chair of ASIC, states in… Read More

August 21, 2022 @ 4:07 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced that Bank of Queensland (BOQ) has gone live with retail banking services on Temenos Banking Cloud “for customers served under the BOQ and Virgin Money brands.” Work has commenced on “the migration of BOQ’s ME brand to Temenos Banking Cloud.” Using… Read More

August 20, 2022 @ 7:39 pm By Omar Faridi  |  

Australia-based Fintech firm Cape revealed that it has appointed Prospa’s former Head of Growth, Ben Lyons, as their new chief revenue officer (CRO). At Prospa, a banking-solution focused Fintech company, Lyons had helped with establishing their partner distribution strategy and expanded the firm’s online and… Read More

August 20, 2022 @ 3:05 pm By Omar Faridi  |  

Sezzle Inc. (ASX: SZL), a key player in the Pay in 4 industry, announced the launch of a new “direct integration” with Klaviyo. Klaviyo is a customer platform that “helps over 100,000 paying users maximize revenue, increase repeat sales, and improve retention with personalized emails… Read More

August 16, 2022 @ 3:32 pm By Omar Faridi  |  

Splitit (ASX: SPT) announced Telispire, a wholly owned subsidiary of the National Rural Telecommunications Cooperative (NRTC), has “selected to integrate Splitit’s Installments-as-a-Service into its PHOENIX back office and billing system allowing Telispire’s mobile virtual network operator (MVNO) customers to offer installment payments to its subscribers… Read More

August 16, 2022 @ 1:07 am By Omar Faridi  |  

Syfe, which claims to be a leading digital investment platform headquartered in Singapore officially launched in Australia. This is Syfe’s third market “after its launch in Hong Kong last quarter.” In July, Syfe celebrated its third anniversary and “revealed that it had reached a significant… Read More

August 10, 2022 @ 10:17 pm By Omar Faridi  |  

The Reserve Bank of Australia is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project “to explore use cases for a central bank digital currency (CBDC) in Australia.” Considerable research has been “undertaken by central banks, including the Reserve Bank, into… Read More

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