Industry insider news for Australia's technology resellers
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Only 17% of banks have deployed digital at scale – report
The joint report by Infosys Finacle and Efma explores the evolution of digital transformation and how banks have adopted and scaled it throughout their organisations.
XTransfer raises $15m funding to expand global network
The company provides service solutions such as cross-border and local collection, payment, foreign exchange, lending, and other treasury management services.
ACS appoints Siobhan Casey as director of Scale Up and Innovation Labs
Casey joins the company’s Sydney office from a background including board advisor and COO of fintech startup HashChing, as well as 20 years’ experience in fintech and FMCG.
Global fintech investment drops, but APAC deals stand strong
Investors have signalled a shift away from fintech ventures as fundraising and deal activity in China showed a significant slowdown in the first half of 2019.
Fintech startup Hnry raises $2.15 million in investment round
Hnry was designed to make life easier for contractors, freelancers and other independent earners, providing an online service that takes care of their financial admin.
Singapore fintech festival roadshow lands in New Zealand
The festival reflects the need for industry and policy makers to collaborate to create a sustainable and inclusive future.
New blockchain platform for B2B cross-border payments
The platform from the new company Global Direct could be a game-changer for cross-border B2B transactions.
Excellence in accounting celebrated at MYOB’s Partner Awards
MYOB awards high-performing accounting practices, partners and individuals across Australia and New Zealand.
Online lending marketplace Harmoney records first profit of $7.2m
This is in comparison to the four-year-old company’s $1.8 million loss last year.
Penta Security releases fin-tech crypto node service
The PALLET Node Service reduces the time to build the node and provides management services for corporations that are expanding into blockchain.
Credorax to adopt Cisco's data center networking technology
Credorax will also beta test Cisco’s future monitoring and management products.
Sydney fintech firm impresses Royal Bank of Scotland Group
Sydney-based fintech firm Waddle has successfully completed a six-month pilot partnership with the Royal Bank of Scotland Group (RBS Group).
New partnership brings opportunities for China-UK fintech collaboration
The agreement signifies a substantial cooperating step between Chengdu and London in the field of finance.
Kyckr signs agreement to expand into new platform
The agreement with Demyst will allow the Kyckr API to be accessible by existing and future Demyst API customers.
PayU strikes $65m deal for Singapore payments provider
PayU, a fintech business belonging to internet multinational firm Naspers, has acquired a majority stake in Southeast Asia-focused online payment solutions provider Red Dot Payment.
Fintech the new normal, survey finds
"The fact 55% of people use fintech on a regular basis highlights the staggering rate of the digitalisation of our everyday lives,"
Mobile virtual network market booming in APAC
A recent Fortune Business Insights report states that the MVNO market will see compound growth of around 8% over the next six years.
Liquid & CIMB Niaga to support QRIS for cross-border transactions
"We believe that this initiative will greatly benefit our customers who can enjoy the ease of transacting abroad, starting with Singapore's Changi Airport."
Alibaba Cloud becomes first public cloud provider to secure OSPAR validation
OSPAR is designed to support the financial services industry in reducing compliance-associated costs when outsourcing the management.
HSBC announces new digital accounts receivable tool
“Developing HSBC DART with Identitii has helped us solve a key pain point in receivables."
NZ CFOs comment on the impact of automation
Finance professionals need to adapt their skill sets in order to face the challenges the future workplace will inevitably bring.
Anaplan appoints Servian as new A/NZ business partner
Anaplan signs on Servian across Australia and New Zealand to deliver connected planning in the cloud.
Fractions sparking new fintech friction - Kiwibank
Facilitation of shared or 'fractionalised' investment ownership looks to be the next big thing in financial technology.
Exclusive: Why cloud is the answer to finance woes
"The cloud allows finance professionals to consolidate disparate systems and processes and retire legacy hardware systems."