Technology
Link sells a slice of $1.5 billion acquisition
KANIKA SOOD  |  FRIDAY, 1 FEB 2019
Link Group is selling a part of a business it acquired for $1.5 billion in 2017, with the proceeds going to pay down debt.
Vertical integration changes to reshape personal wealth
DARREN SNYDER  |  WEDNESDAY, 30 JAN 2019
A forecast of trends influencing banking over the next 12 months cites vertically integrated business models continuing to give way to platform and marketplace-driven banking.
Aussie equities trading volume jumps at Liquidnet
KANIKA SOOD  |  TUESDAY, 29 JAN 2019
Global and Aussie asset managers traded about $12 billion in Australian equities on Liquidnet's network in 2018, swelling 20% over the previous year.
First neobank granted full banking licence
OSKAH DUNNIN  |  WEDNESDAY, 23 JAN 2019
Volt Bank has become the first neobank to obtain a full banking licence from APRA.
VicSuper updates digital advice offering
HARRISON WORLEY  |  TUESDAY, 22 JAN 2019
A refreshed user interface, a new coach avatar and new retirement planning options have been rolled out to VicSuper members after the fund updated its Beeline digital guidance and advice tool.
Xinja funds platform for growth
OSKAH DUNNIN  |  WEDNESDAY, 16 JAN 2019
Neobank Xinja has successfully funded its second campaign on the Equitise crowdfunding platform, raising more than $500,000 in nine hours.
8IP signs on Sanlam Private Wealth
KANIKA SOOD  |  TUESDAY, 15 JAN 2019
An investment boutique founded by a former AMP Capital equities head has signed Sanlam Private Wealth to provide middle office services. The contract builds on their existing relationship.
Collaboration needed for AI and machine advice programs
OSKAH DUNNIN  |  TUESDAY, 15 JAN 2019
More collaboration is needed to ensure the effectiveness of artificial intelligence and machine-based programs across the financial services industry, according to Kaplan Professional and Red Marker.
BlackRock and Microsoft develop retirement platform
HARRISON WORLEY  |  TUESDAY, 8 JAN 2019
BlackRock will partner with the global technology giant to develop a new retirement platform.
MetLife Australia wins tech award
KANIKA SOOD  |  TUESDAY, 8 JAN 2019
MetLife Australia's tech team took home an international award over the Christmas break for its claims platform launched to Statewide Super's members last year.
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