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Showing 171 - 180 of 562 results for "Fintech"

MSC Trustees wins mandate

JAMIE WILLIAMSON  |  THURSDAY, 2 JUL 2020
... provide worthwhile opportunities for investors." MSC also provides trustee services to retail and wholesale managed funds, fintech providers, and debt, security and escrow services. Spark has interests in about $18 billion worth of electricity infrastructure ...

Fintech acquires licensee

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUN 2020
A fintech provider has acquired a financial services licensee, for an undisclosed sum. PictureWealth acquired NEO Financial Solutions, the licensee will now become a wholly owned subsidiary of PictureWealth. As at March 31, NEO was home to 83 financial ...

German fintech goes bust, $2.9bn gone

ELIZA BAVIN  |  FRIDAY, 26 JUN 2020
German fintech Wirecard, has filed for insolvency after revealing over $2.9 billion in cash missing from its balance sheet didn't exist. The company's former chief executive Markus Braun was arrested days after stepping down over allegations of inflating ...

Investment scams pry $126m from Aussie hands

ALLY SELBY  |  MONDAY, 22 JUN 2020
Australians lost $126 million to investment scams in 2019, with many fraudsters using 'celebrity' endorsements to rort investors. According to the latest figures coming out of the ACCC's Targeting Scams report, Australians were defrauded ...

Australia lagging on robo-advice

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
... robo offerings. "US robo-advice providers have not stood still as they continue refining their offerings - specialist fintech providers are getting better at being banks, while the established wealth brands are getting better at becoming fintech firms," ...

Family office backs fixed income fintech

KANIKA SOOD  |  TUESDAY, 9 JUN 2020
... Capital's retired co-founder Kumar Palghat, as his family office takes an equity stake in a new fixed income execution fintech. KPY Pty Ltd has made a cornerstone investment in Liquidity Cube, an ASIC-regulated fixed income execution market and analytics ...

NowInfinity founders depart following acquisition

ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
... the future." Abbott said she was proud of all that she achieved with NowInfinity. "Only 1% of females that commence a fintech company - and less than 1% of start-up businesses - achieve the entrepreneur's dream of a successful exit, especially to ...

Platform to shine light on structured products

HARRISON WORLEY  |  TUESDAY, 19 MAY 2020
... product market, helping advisers and their clients understand more about the traditionally exclusive offerings. Local fintech Stropro has launched a new reporting solution designed to uncover more information about the estimated $4 billion worth of structured ...

Law firm bolsters financial services team

ELIZA BAVIN  |  FRIDAY, 15 MAY 2020
... liability, and Australia's BEAR regime. In addition to her legal practice, Charlotte is an advocate for the development of fintech and regtech, and the exploration of the use of blockchain in retail banking distribution channels. Carolyn Pugsley, Herbert ...

FPA launches new ROA solution template

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2020
... couple, and for withdrawals immediately, from July, twice, or to recommend no withdrawal is made. The FPA partnered with fintech providers to make the template available in the modelling and advice generation systems they already use. FPA chief executive ...