Financial Services News

Findings from a PwC survey reveal that 83 per cent of respondents from traditional financial services firms believe part of their business is at risk to standalone fintech companies.

A Kiwi cloud app integrator wants to trade on the ASX, but first it needs to raise AU $25 million.

The Australian Securities and Investment Commission (ASIC) will partner with a UK regulatory giant to grow the future of fintech businesses.

The ever perverting power of fintech poses a serious threat to the traditional branch banking model, but a new study shows nearly half of people surveyed still visit a bank branch.

Kiama-based financial technology firm Padua Financial Group (PFG) has launched a new online advice request system.

Self-help money management smartphone apps are revolutionising the way Australians keep on top of their financial affairs.

The world’s third-biggest economy is set to feel the full innovative force of the revolutions of financial technology.

A mobile banking startup in Hong Kong has opened its waiting list to young professionals and University students, with a view to a Q2 2016 launch.

National Australia Bank (NAB) has unveiled the latest in customer fintech innovation, delivered through its digital hub, NAB Labs.

Standard Chartered Bank (SCB) has announced today that Singapore will be the location for the Bank’s Innovation Lab.

Bendigo Bank has launched a new online share trading solution, Bendigo Invest Direct (BID) with more than 10,000 customers already transitioning to the platform.

Australia’s alternative finance market is on the rise, following a trend of robust growth in peer-to-peer lending and crowdfunding across Asia Pacific in 2015.

Robo-advice offerings today do not offer any genuine interaction and more work is needed to help create a seamless interface with clients, according to Midwinter’s managing director, Julian Plummer.

Independent research by specialist recruiter Robert Half has revealed a significant change in the way Australian finance leaders are investing in digitisation.

The Turnbull Government has put Australia’s fintech future firmly back on the agenda with a series of policy reforms announced to help nurture a competitive regulatory environment.