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Technology

China backs blockchain, Bitcoin soars

ELIZA BAVIN  |  TUESDAY, 29 OCT 2019
Bitcoin increased its market cap by $55 billion after Chinese President Xi Jinping said China must "seize the opportunity" for blockchain technology.

IOOF launches budgeting app

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2019
Wealth manager IOOF has announced it's delving into the world of apps, partnering with Moneysoft.

Recreo, Mine Super enter the cloud

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2019
Recreo has launched its long-awaited cloud-based superannuation and investment administration platform, developed in partnership with Mine Super.

Hong Kong drops LSE bid

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2019
The Hong Kong Stock Exchange has dropped its $56 billion bid for the London Stock Exchange, saying the decision was in the interest of shareholders.

Bravura signs with major fund administrator

ELIZABETH MCARTHUR  |  THURSDAY, 3 OCT 2019
Bravura has penned a new deal with a leading Australian fund administration outsourcer.

Glitch hits ASX-listed managed funds

KANIKA SOOD  |  TUESDAY, 1 OCT 2019
About 16 ASX-listed managed funds using internal market making were affected by a glitch in calculating their iNAV yesterday, Financial Standard understands.

Northern Trust to clear high-value payments

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
Northern Trust has become a member of Australia's High Value Clearing System (HVCS), which clears big-ticket payments averaging $2.5 million for a total of $100 billion every day.

AMP launches fee calculator

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
AMP has launched a new fee calculator allowing financial advisers and clients to produce fee calculations for its MyNorth wrap platform.

Banks face imminent disruption

ELIZABETH MCARTHUR  |  THURSDAY, 19 SEP 2019
The banks are facing big problems, according to Catherine Wood, chief executive of ARK Invest.

FinPal and MiiiA merge, announce rebrand

ELIZA BAVIN  |  MONDAY, 16 SEP 2019
Financial advice software providers FinPal and MiiiA have announced plans to merge their technologies and services before rebranding as Fin365.