Australia visits UK to talk future of fintech
Talks centered around the opportunities of open banking in Australia.
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.
FNZ acquires GBST after £150m deal
Its third acquisition in a month.
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.
Video: fintech news weekly round-up – 8 July 2019
Some of this week’s news, in video format!
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.
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.
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.”
