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Showing 81 - 90 of 3324 results for %22Financial Technology%22

Iress upgrades earnings guidance, accelerates transformation

ANDREW MCKEAN  |  THURSDAY, 30 NOV 2023
... growth is attributed to a more favourable cost base, particularly due to lower staff costs, contributing to the improved financial outlook. The financial software and data firm also reported an uplift in customer sentiment, indicating positive reception ...

AMP selects new chief technology officer

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
... joined AMP earlier this year, bringing with her over 20 years of experience in technology roles, specifically within financial services. Mistry's areas of expertise include superannuation, investments, digital, data, lending, and corporate applications. ...

Aussie fintech growth counteracted by local challenges: EY

CASSANDRA BALDINI  |  WEDNESDAY, 29 NOV 2023
... their personal funds to meet their companies' objectives. This is up from 50% in 2021 and 2022. Angel investors and financial support from family and friends represented the other two sources of funding, each chosen by 22% of participants. Looking ...

ASX calls time on mFund settlement service

ANDREW MCKEAN  |  TUESDAY, 28 NOV 2023
... will be established to determine the most effective method for discontinuing the service. As previously reported by Financial Standard, Australian Shareholder Association (ASA) chief executive Rachel Waterhouse advised that a closure of mFund would leave ...

HSBC launches local venture debt offering

CASSANDRA BALDINI  |  MONDAY, 27 NOV 2023
... software-as-a-service companies to climate tech. HSBC tech sector lead for Australia and New Zealand Alan Watters told Financial Standard the bank has already provided venture debt to two Australian start-ups using its US balance sheet. "So, we knew ...

AMP to pay $100m to settle BOLR class action

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... double what it initially provisioned. The wealth manager announced this morning it has reached a settlement with AMP Financial Planning advisers in the BOLR class action that dates back to July 2020. After provisioning $50 million for the fallout in ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... and higher operating costs announced at yesterday's 2023 annual general meeting. The wealth platform updated its financial outlook indicating that its average revenue margin has decreased from 0.27% in the second half of the previous financial year ...

BNP Paribas acquires HSBC's hedge fund admin business

CHLOE WALKER  |  WEDNESDAY, 22 NOV 2023
... finalisation of client migrations. Elsewhere, BNP Paribas head of securities services APAC Franck Dubois recently spoke to Financial Standard, saying he sees "fantastic opportunities ahead" for the group's asset servicing and custody clients down under ...

Small, large entity regulation needs balance: APRA

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
As small financial institutions buckle under macroeconomic pressures, it is a fine balancing act to ensure that they don't suffer unnecessary regulatory burdens to avoid a similar scenario in the US with the collapse of regional banks, APRA says. ...

Paraplanners unfazed by QAR, AI: Survey

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
... confident about this outcome, as 37% felt that these changes might service the industry better than the clients themselves. Financial advice firms appear to be increasingly using paraplanners for a broader range of responsibilities beyond writing SoAs. ...