Video: fintech news weekly round-up – 8 July 2019
Some of this week’s news, in video format!
Australasia
Wealthtech Jacobi raised $7.5m for EU expansion
The Australian firm recently partnered with JANA Investment Advisers.
Australian FIs team up for Lygon blockchain pilot
The platform will seek to modernise the management of bank guarantees.
APC outlines digital payments priorities
Resilience, interoperability and financial crimes are among the key focus areas.
Douugh goes public on ASX
The Aussie banking service targets $10m capital raise as first neobank on ASX.
Reserve Bank of Australia calls for better NPP access and roll-out
The regulator’s report makes 13 recommendations for the New Payments Platform.
Paytech Verrency raises $6.9m in funding
The Aussie fintech will use the funds to fuel the company’s international reach.
Bank Leumi, CIBC and NAB launch online portal for fintechs
The platform provides a simple and easy process for fintechs to help connect them into the bank.
Cointree and Gobbill partnership offer Aussies crypto bill-paying service
Users can “pay any bill with any coin”.
Qudos Bank escalates legal battle with Infosys
Alleged copyright infringement, breach of contract and misuse of confidential information.
Fintech start-ups invited to join Suncorp’s Digital Incubator Programme
Participants get three months to develop their ideas with Suncorp.
Fintechs, there’s a tsunami coming; do you hear the sirens?
And I will be able to pay for a surfboard with my new Apple Card.
Australian challenger 86 400 seeks more funding
Funding is needed to grow, the bank says.
DIT pilots to support UK fintech international expansion
Two bridge pilot programmes with Australia and Hong Kong.
Judo becomes Australia’s first SME-focused challenger bank
APRA has granted a full banking licence.
Australian challenger 86 400 partners with Vow Financial for home loans
As it seeks the regulator’s licence to deliver its own home loans.
Bene working up to be a challenger bank in Australia
The firm currently offers digital loans.
Top fintech stories this week – 29 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Everest to supply KYC platform in Samoa for cross-border transactions
EXCLUSIVE. Everest has landed a major contract with Asian Development Bank (ADB).
Airwallex becomes payments unicorn with $100m funding
The low-cost payment provider is now expanding to the UK and Europe.
Challenger banks country by country: who’s who (and what’s their tech)
Comprehensive and free guides for UK, Spain, Germany, France, US, Canada, South Africa, Australia, India and Hong Kong.
Interview: Anthony Thomson, 86 400 – roaming numerals
What makes 86 400 different from its rivals, and why the big four Down Under got what they deserved.
Pintec acquires Australian credit risk solution provider InfraRisk
Chinese firm seeks action abroad and aims to boost its “SaaS Plus” model.
Top fintech stories this week – 8 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
nCino lands new customers in Stockholm and Sydney
DBT Foretagslan and Thinktank are BOS-sing it.
WorldFirst acquires CurrencyVue to develop trade platform
The acquisition will help its foreign exchange capabilities.
Xinja Bank bags $2m in crowdfunding
Australian neobank gets customers invested in the business.
New Zealand heads to open banking
Governance organisation Payments NZ reveals first API standards.
Australia upfront for better banking outback
The code of practice is a result of the Royal Commission’s recommendations.
ASX to sell $385m stake in tech provider Iress
“It no longer provides the strategic value to ASX that it once did.”
Can cultures really change? Can trust ever be reestablished?
“Don’t run when you lose, don’t whine when it hurts. It’s like first grade. No one likes a cry baby.”
Oracle feels the chill from Suncorp CEO over core banking freeze
Not a lot of sunshine to share as Project Ignite has not really taken off.
UBank releases AI loan advisor Mia
Can you put up with her “cheeky personality”?
Banking brickbats take out NAB’s CEO and chairman
Repercussions from Australian Royal Commission’s criticisms take effect.
Australia’s banking sector gets constructive criticism
The Royal Commission has some things to say.
Tencent-backed WeBank eyes Australian expansion
Chinese digital bank is applying for trademarks Down Under.
DBS chief innovation officer Neal Cross leaves for fintech start-up
Calls time on five lively years and moves to PictureWealth.
Volt first Aussie challenger to get full banking licence
The digital start-up will focus on smartphones.
Australia prepares payments for digital age
It’s consultation time as the Australian Payments Council wants your input.
ANZ hits up Eftpos for Apple Pay capabilities
It also allows for cash-backs.
