Financial Services News

Taxation surrounding superannuation and other retirement policy settings need to be modernised to help address the inequality faced by women when it comes to their financial futures, according to Industry Super Australia.

ICICI Bank has announced the shortlisted entries for their inaugural ‘Appathon’, the largest virtual mobile app development challenge by an Indian bank.

The complexity of securities is the greatest challenge facing custody and administration services in superannuation today, according to BNP Paribas Securities Services.

International banking group Investec Australia has invested in H2 Corporation Pty Ltd, a move that will allow H2 to expand its fintech accelerator.

The Federal Government has allocated $150,000 for the Stone and Chalk Fintech Asia program, as part of a broader push towards supporting Australian fintech in the burgeoning Asian market.

Superannuation software provider Financial Synergy has partnered with the Bankstown City Credit Union (BCCU), with the credit union expanding its service offering.

Global stock market volatility and pressure from APRA is encouraging investors to enter the small and medium-sized enterprise (SME) debt market via peer-to-peer and marketplace mechanisms, according to FundX.

CLSA Limited has expanded their partnership with fund administration software provider GBST in a bid to “increase efficiencies” and replace existing legacy system infrastructure.

United Overseas Bank (UOB) has set up a new accelerator program for 30 start-ups to help foster greater technological innovation in Singapore.

Major financial planning software provider, IRESS, has announced a strong full year result underpinned by a “double-digit growth” in wealth management in Australia and New Zealand.

Investment and superannuation platform provider, HUB24, announces significant growth for the last half year.

The Turnbull Government is launching a national fintech taskforce to help cement Australia’s credentials as “the leading market” for financial technology innovation in Asia Pacific.

Data security and the safety of IT systems are seen as growing concerns for finance leaders in Australia in 2016, according to a new study by global recruitment firm Robert Half.

The greatest challenge faced by banks today is ‘insider threat’ and more needs to be done to help foster cyber resilience, according to ME’s Samantha Macleod.

Banks should not compete against each other when it comes to customer security, according to Steve Glynn, Global Head of Information Security at ANZ Bank.