Macquarie moves first on ‘open banking’
Macquarie makes a big move. Fintech startups and smaller financial services providers will be able to access data from the bank – with customer consent – in a pioneering arrangement known as “open banking” to let them build applications and services around the bank....
Why more Australian retailers are offering ‘click and collect’
Australian retailers are beginning to embrace online first and collect later approach to business. In Australia 42% of retailers are now offering ‘click and collect’, and perhaps in response to the impending threat from Amazon’s entry, this number is up from 24% in...
Australians ready for new ways of investing
Acorns Australia, the micro-investing app, has reached a milestone of over $100 million in funds under management (FUM) which highlights Australians’ appetite for new ways to save and invest. Read the article here to see how the Australian Fintech landscape is shaping...
Xinja seeks up to $15 million amid push for start-up banks
Xinja, which hopes to lead a wave of new digital start-up banks, says moves to relax the strict licensing regime for the industry are already making investors more willing to back small challenger banks. Xinja, which is looking to raise $10 million to $15 million in...
How Etailers can Optimise Sales in Four Steps
Australia’s ecommerce landscape is continuing to transform at a rapid rate. The entry of new marketplaces, the proliferation of pay-later services, and a growing range of delivery options are fundamentally conditioning and changing consumer behaviour with the...
Hundreds of businesses are being hit by this crafty cyber attack that’s more devastating than phishing scams
Businesses may have become savvy to the standard phishing scam that impersonates the tax office or a government regulator, but new figures released by the Australian Criminal Intelligence Commission have revealed a craftier type of attack is on the rise in Australia....
‘Amazon of China’ Alibaba already has supermarkets. Now it wants our food
The business world may be enthralled with Amazon's moves to become a major supermarket player, but Chinese e-commerce giant Alibaba says it is already strides ahead and is opening up new ways for Australia food producers to access its more than half-a-billion...
TransferWise Continues Neobank Plans, Launches Borderless Accounts in Canada
Fintech TransferWise is moving forward with its plan to reach neobank status, by rolling out its Borderless service to more countries. The Borderless service, which was first introduced in May, allows businesses to receive payments and transactions like they have a...
