Tagged: australia

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

June 7, 2022 @ 12:02 pm By Omar Faridi  |  

Westpac has launched Westpac DataX, a data analytics offering that will “enable faster, data-backed decision making for [their] largest clients.” Using de-identified credit card data from over six million daily card transactions, Westpac DataX “enables self-serve analytics for our clients so they can embed insights… Read More

June 6, 2022 @ 8:53 am By Omar Faridi  |  

In its “first” major corporate milestone following its acquisition by MONEYME Ltd (ASX:MME), digital finance platform SocietyOne has launched transaction and savings accounts “powered by Westpac’s Banking-as-a-Service (BaaS).” SocietyOne is Westpac’s second partner “to launch products through its BaaS platform with two new additions to… Read More

June 3, 2022 @ 7:11 am By Omar Faridi  |  

Commonwealth Bank’s venture-scaling business entity, x15ventures, recently revealed that it has appointed Laura Faulconer as its Portfolio Director. She will be responsible for growing and enhancing the x15 portfolio. As noted in the update, Laura joins x15 from early-stage venture capital firm, Antler, where as… Read More

June 2, 2022 @ 6:56 am By JD Alois  |  

Mercari Derivatives Exchange, a regulated Australian derivatives exchange market operator, has selected Switzerland-based METACO to provide digital asset custody technology. In a company statement, Mercari noted that it is deploying its technology on IBM Cloud leveraging the capabilities of IBM’s digital asset infrastructure. This past… Read More

May 30, 2022 @ 10:27 pm By JD Alois  |  

Cboe Australia has announced the first Ethereum Exchange Traded Fund (ETF). Cboe Australia is a regulated stock exchange According to a statement by Cboe, the Cosmos Purpose Ethereum Access ETF (CPET) will soon be available to Australian investors. Cosmos is an Australian based asset management… Read More

May 27, 2022 @ 1:17 pm By Omar Faridi  |  

NAB has introduced a Buy Now, Pay Later (BNPL) solution that it says will not hit consumers with late charges, account fees or interest payments. The banking institution will reportedly allow clients to spend as much as $1,000 through a virtual credit card that’s embedded… Read More

May 25, 2022 @ 3:11 am By Omar Faridi  |  

Openpay Group Ltd (ASX: OPY) (Openpay / the Company) is pleased to announce the completion of a $18.25 million two-tranche Placement “to accelerate its pathway to profitability in the ANZ business.” ANZ CEO, Dion Appel said: “Openpay ANZ is accelerating its pathway to profitability through… Read More

May 22, 2022 @ 11:47 pm By Omar Faridi  |  

ForwardAI, a Fintech providing aggregated access to accounting & business data and analysis, announced its partnership with Fifo Capital, a provider of business finance solutions in Australia. Through the partnership, Fifo Capital will be “enhancing its business loan underwriting process using accounting, financial and cash-flow… Read More

May 16, 2022 @ 7:35 am By Omar Faridi  |  

Monoova, a B2B payments solutions provider, and TrueLayer, a key player in open banking, are teaming up to harness financial and identity insights using Australia’s Consumer Data Right (CDR) “for smarter, faster, data-enabled payments in the Australian market.” The benefits of the combination of CDR… Read More

May 14, 2022 @ 7:02 pm By Omar Faridi  |  

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

May 11, 2022 @ 7:52 am By Omar Faridi  |  

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

May 7, 2022 @ 4:39 pm By Omar Faridi  |  

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

May 4, 2022 @ 1:03 am By Omar Faridi  |  

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

May 1, 2022 @ 11:25 pm By Omar Faridi  |  

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

April 26, 2022 @ 8:11 pm By Omar Faridi  |  

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

April 25, 2022 @ 9:18 am By JD Alois  |  

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