FinTech

Apr
02

Tyro says Stone and Chalk needs competition

Tyro chief Jost Stollman, says another fintech hub, independent of bank-backed Stone and Chalk, is needed to ensure new bank rivals don’t remain “rounding errors”.Mr Stollman has dubbed Sydney’s Clarence Street “Fintech Alley” since he opened Tyro’s FinTechHub at 155 on Wednesday, just down the way from bank-backed hub Stone and Chalk at number 45 […]

By Australian FinTech | Banking . FinTech . Sydney FinTech
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Apr
02

Fintech split on lower regulatory hurdles

Challengers to the banks and global payment giants disagree on whether there should be an easing of regulations for finance start-ups, a major recommendation of the Murray inquiry.Peer-to-peer lender RateSetter Australia argues current regulations are adequate and flexible enough. It said “graduated” regulation applied based on the company’s risk to the financial system suggested by […]

By Australian FinTech | FinTech . Investing . Peer-to-Peer
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Mar
31

High time to find out what you’re missing out on

If you’re being ripped off by banks and other financial institutions a new website, monetise.com.au, will tell you even though you may have suspected nothing.It threatens to do to comparison websites, which are being reviewed by the Australian Competition and Consumer Commission (ACCC), what Uber is doing to taxis. Source: High time to find out […]

By Australian FinTech | Banking . FinTech . Robo-Advice
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Banks shadow box with online business lenders

Banks are courting a rash of new online lenders that have moved quicker than their giant rivals to use technology to give better deals to small businesses.Prospa has been quietly building its small business loan book for two years. It is one of several local and international players discussing mutually beneficial deals with banks that […]

By Australian FinTech | Banking . Borrowing . FinTech
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Feb
11

CoinJar to put brakes on Bitcoin volatility | The Courier-Mail

Australian Bitcoin start-up CoinJar has taken on one of Bitcoin’s chief criticisms, allowing consumers and businesses to bypass the cryptocurrency’s volatility and peg its price against a currency of their choice.Hedged Accounts was unveiled on stage at Europe’s biggest financial technlogy conference Finovate, and means that for example if a user holds $400 worth of […]

By Australian FinTech | Currency . FinTech . Payments
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Feb
10

Coinjar to reveal Bitcoin volatility salve

Australian bitcoin exchange Coinjar will unveil plans to fix the value of the highly volatile cryptocurrency for its clients and offer conversion to a range of different currencies at a financial technology conference in London on Tuesday as it moves to compete with remittance providers. From late Tuesday, Coinjar joins a number of other bitcoin […]

By Australian FinTech | Currency . FinTech . Payments
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Sep
01

Australia’s FinSuite joins Asia-Pacific fintech accelerator program

Australian startup FinSuite has been selected as one of eight companies to participate in the 2014 FinTech Innovation Lab Asia-Pacific accelerator program. The lab was launched by Accenture in June, in collaboration with some of the world’s biggest financial intuitions and supported by Cyberport and Airbnb. The program nurtures early-stage companies from around the world […]

By Australian FinTech | FinTech
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