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Showing 271 - 280 of 619 results for "FinTech"

Open banking reforms a boon for fintech

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUL 2019
With the new open banking regime now in effect, fintechs are set to reap the rewards of data sharing. As of July 1, the big banks are now required to share generic product data as part of the government's phased timeline for the introduction of open ...

Financial scams smash Australia

HARRISON WORLEY  |  TUESDAY, 2 JUL 2019
... scam risks, noting some Australian banks set up anti-scam departments in parallel with anti-fraud. "More sophisticated fintech providers are emerging with capabilities to help Australian banks better identify, mitigate and manage risk," she added.

Raiz hikes fees for low balances

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... $331 million at the end of May 2019. Raiz was named as a finalist in the Wealth Management category at this year's FinTech Australia Finnie Awards.

AUSTRAC zeroes in on Afterpay

HARRISON WORLEY  |  MONDAY, 17 JUN 2019
Tech-darling Afterpay is feeling the regulatory heat after AUSTRAC ordered an audit of the fintech's compliance with Anti-Money Laundering and Counter-Terrorism Financing Act (AML/CTF) laws. AUSTRAC said an external auditor will examine Afterpay's governance ...

MAX awards recognise industry excellence

HARRISON WORLEY  |  FRIDAY, 14 JUN 2019
... demonstrated the evolving landscape in financial services, acknowledging financial literacy campaigns, social initiatives and fintech platforms. BT Financial Group picked up three gongs, with BT senior marketing manager Jan Beeston taking home the prestigious ...

Finnies showcase best in fintech

ELIZABETH MCARTHUR  |  THURSDAY, 13 JUN 2019
FinTech Australia announced the winners of the 2019 Finnies, showcasing innovation in financial technologies. AirWallex won three awards, including Biggest Raise of the Year for its $141 million capital raise. Afterpay took home two awards and was named ...

Liquidnet acquires fintech

KANIKA SOOD  |  FRIDAY, 7 JUN 2019
The global network for institutional investors has acquired a firm that uses natural language processing to produce predictive market analytics for investment professionals. Liquidnet has acquired Prattle, the developer of a proprietary system that ...

NAB looks to boost fintech

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
The National Australia Bank announced its existing alliance with Bank Leumi of Israel and CIBC will move into fintech with the introduction of the Global Alliance Fintech Link. The Link is an online portal developed to help drive client-focused innovation ...

Fintechs to play vital ESG role: AXA

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
... year, but explained that at the moment his modelling is working off too many unproven assumptions. "There is a lot of fintech innovation happening in this area right now in this, but the key is to make it work for investors," he said. "We're still a ...

Fintech no real threat: Researcher

ELIZABETH MCARTHUR  |  TUESDAY, 21 MAY 2019
... fintechs by pursuing technology development. "The smaller banks with limited financial resources are more vulnerable to fintech disruption," Yu added. The focus on residential mortgages has created opportunities for fintechs to specialise in products ...