Afterpay acquires Spanish BNPL to advance into Europe
Afterpay already owns UK BNPL player, Clearpay.
Australasia
Westpac sells vendor finance arm to Cerberus subsidiary for $430m
The acquisition was sealed on 20 August.
iSignthis files AUD 264m against Australian Securities Exchange
The feud has its roots in ASX’s removal of iSignthis shares from trading.
GoCardless Australia readies for open banking and instant direct debits
The start-up launched In Australia and New Zealand towards the end of 2018.
Oracle wins Flexcube deal in Germany
Paymentworld and Heartland Bank pick up Oracle’s flagship system.
TransferWise delivers cross-border transfers for Aussie challenger Up
TransferWise thinks there’s money on the table in Australia.
Westpac hires Scott Collary as new COO
Aussie bank snags a new executive from Bank of Montreal
Aussie BNPL Splitit lands $71.5m for US and UK expansion
Woodson Capital has become a substantial shareholder.
Fintech funding rebounds in Q2 but deal numbers continue to fall
VC-backed fintech deals dived from 452 in Q1 to 397 in Q2.
Report: The future of digital wealth management
A new FinTech Futures report examines the future of wealth management in a digital era.
Xinja Bank to launch US trading platform for Aussie investors
Dabble will also offer users fractional shares.
Charity donation fintech Goodworld launches in Australia
Its feature #donate allows donors to send instant donations via social media.
Aussie fintech Wildcard shuts down due to COVID-19
The savings firm couldn’t keep up with the economic impact of coronavirus.
NAB signs multi-year cloud deal with Microsoft
Major Aussie bank to boost its cloud architecture with Microsoft.
US buy now, pay later fintech Sezzle in $60m raise on ASX
The start-up still needs to close $5 million.
Banking Technology July/August 2020 issue out now
Unlocking the benefits of open banking.
FNZ and State Street collaborate on wealth management servicing venture
FNZ will acquire a majority stake in State Street’s Wealth Manager Services business.
ASB Bank replaces legacy trade finance system with CGI’s Trade360
The New Zealand bank is deploying the platform on the cloud.
Regional Australia Bank approves first Aussie open banking loan
The process took six minutes end-to-end, claims bank.
Australian Securities Exchange delays blockchain go-live to 2022
This is the second delay for the infrastructure project.
UK opens virtual fintech trade mission to APAC
The fintech deal follows FTA talks between the UK, Australia and New Zealand.
APRA hits CBA and Suncorp with pensions conditions
Aussie regulator is unhappy with the pair’s treatment of customers.
Australia’s big four welcomes start of open banking
ANZ, NAB, Westpac and Commonwealth Bank have all gone live with APIs.
Report: Five success factors for an ideal ISO 20022 migration
ISO 20022 represents an opportunity for banks to reinvent the way they operate.
PictureWealth lands AUD 12m and seals acquisition
The company has acquired NEO Financial Solutions (NFS) for an undisclosed sum.
Transfergo raises $10m, expands into 11 new markets
Remittance firm claims uptake in growth during COVID-19 pandemic.
TransferWise hits £2 billion in customer deposits
Users can now send money with just a phone number.
Reserve Bank of Australia mulls payment cost change for merchants
Australian central bank examining the market in the wake of COVID-19
iSignthis drops $1m on NSX shares to further rival ASX
The company’s subsidiary Probanx Solutions has bought 16.5 million NSX shares.
Westpac discloses AML breaches and due diligence failures
Australian bank has set aside AUD 900 million for an expected fine.
Aussie fintech Verteva lands $21.4m to digitise home lending market
The start-up is headed up by two former Westpac execs.
Global fintech sees worst Q1 since 2016 for VC-backed deals
The quarter saw just 404 deals and ended on $6.1 billion.
Aussie neobank Xinja loses 2.25% interest rate
The interest rate caused it to hit AUD 100 million in deposits after just 19 days.
ANZ promotes Emma Gray to new group executive data role
Gray is rewarded for her work as chief digital officer.
Tencent buys 5% stake in Aussie fintech Afterpay
It puts Afterpay at a market capitalisation of more than AUD 8 billion ($5.1 billion).
Iress integrates with Knowledge Bank’s mortgage criteria search engine
Brokers will be able to access lender criteria all in one place.
Webinar: Swift gpi is a chance for payments modernisation
Opportunities beyond meeting the minimum exist for banks embracing gpi.
Looking beyond the coronavirus trading boom
Some trading apps see their future in the saving market.
2020 Review: Top 10 funding rounds this quarter
A look back at some of the biggest investments this past quarter.
Top 10 coronavirus initiatives by governments and regulators
A brief overview of how governments and financial regulators have reacted to coronavirus.
