Latitude Financial preps $2.5bn IPO
It will be the largest IPO in the country since 2014.
Australasia
Insurtech Cover Genius forms ‘first of a kind’ partnership with ShipStation
The partnership will effect UK, Canadian and Australian merchant customers.
Confirmations bring peace of mind to cross-border payments
Swift is working on a new universal confirmations initiative.
Australian start-ups welcome a senate inquiry into the fintech space
The start-ups argued that politicians have done far too little.
Mastercard and R3 deliver blockchain cross-border payments solution
The partnership will focus on connecting global faster payments infrastructures.
NAB launches cybersecurity alliance in Victorian parliament
The bank has partnered with La Trobe University to provide cybersecurity workforce development.
Three top Aussie banks back start-up that banishes paper receipts
The start-up, Slyp, is founded by two former PayPal executives.
Xinja lands full Aussie banking licence
It is the country’s first independent neobank to receive a full licence and open accounts.
Banking Technology September 2019 issue out now
Thriving in a hyper-connected world.
Railsbank raises $10m to expand into Southeast Asia and beyond
The open banking platform has opened an office in Singapore.
Australian share trading start-up to launch in UK
Stake has been granted a licence by the FCA.
Zip acquires PartPay for $50m
The Aussie credit card company has also purchased an equity interest in QuadPay.
Carlsberg Bank – probably the best digital bank in the world
Banks need to identify new segments and go beyond banking
Experian A/NZ acquires Australian fintech Look Who’s Charging
The deal will bolster Experian’s open data offering in the region.
Horizon Credit Union is becoming a bank from 2 September
“Regrettably, many people don’t know what a credit union is, who can join and what they do”.
How Laybuy seeks to attract global Gen Z market
Laybuy asks for no interest and brands itself as “ethical”.
Is your fintech brand an awkward teenager?
From unpredictable growth spurts and occasional breakouts, to sleeping in.
Data breach leaves PayID’s customer details exposed
NPP Australia confirms the affected data included name and account numbers.
Identitii secures second licence with HSBC
Identitii will provide the bank with its Overlay+ platform.
Accenture acquires financial risk advisor Parker Fitzgerald
Accenture responds to the evolving risk landscape in financial services.
Westpac partners with Coupa for e-procurement
The partnership anticipates the government’s digitisation of procurement.
Data Action wins core solution deal with Greater Bank
Greater Bank hopes the new partnership will prepare it for the open banking era.
DSB reveals “significant appetite” for data quality and cybersecurity analysis
The DSB will create the new part-time role of Chief Information Security Officer.
US neobank Zenus gets licence
Zenus will allow anyone in the world to open an account.
Thomson Reuters launches global regtech competition
The contest seeks legal, tax and regulatory solutions.
Australia visits UK to talk future of fintech
Talks centered around the opportunities of open banking in Australia.
essDOCS enables first fully integrated paperless iron ore trade
The trade traveled from Australia to China on the Voltron blockchain.
Female-led Handdii raises $1.5m led by Scale Investors
Scale Investors focuses on high growth women-led tech companies.
ASB invests in NZ blockchain start-up TradeWindow
It’s one of the first technology companies to receive direct funding from a NZ Bank.
Banking platform for freelancers Joust raises $2.6m
The neobank allows workers to get paid faster.
Verrency and Coinify announces new virtual currency partnership
Libra brought virtual currencies into mainstream.
Judo bank breaks Aussie record with $400m round
90% of previous investors took part in the second funding round.
Big banks are driving fintech to the mainstream
And it’s happening faster than you think!
Open banking law to boost fintech competition
It aims to shake up competition for consumers and boost start-ups against the big banks.
New Zealand regulator suspends AxiCorp’s derivatives licence
The suspension is effective from 29 July 2019.
FNZ acquires GBST after £150m deal
Its third acquisition in a month.
New Zealand bank TSB goes live with Temenos Infinity Digital Onboarding
Included in the short implementation period was an API-based connectivity
Volt bank chooses FIS for mobile and card payments services
FIS will provide it with processing services for Volt’s credit card and mobile payments.
Swift shifts from MT to XML format
Payment transfers will be shifting to the ISO 20022 standard.
The Win 10 Rush: How financial institutions can beat the clock to upgrade their PCs
Kevin Flaherty, CEO at BLM Tech reveals the key to carrying off large-scale IT projects.
