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Showing 231 - 240 of 620 results for "fintech"

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 ...

Chinese tech giant buys 5% stake in Afterpay

ALLY SELBY  |  MONDAY, 4 MAY 2020
... for more than 13 million shares in the company. Tencent is an online entertainment, digital advertising, social media, fintech and cloud services provider listed on the Hong Kong stock exchange. Its communications platforms include Weixin, WeChat and ...

Afterpay coughs up $1.5m over US loans

ALLY SELBY  |  TUESDAY, 17 MAR 2020
... Afterpay has agreed to conduct its operations under the DBO licence as a part of this settlement," Afterpay said. The fintech said the new licence agreement had not disrupted its operations or service, nor impacted its business in California. Afterpay ...