Though Australian consumers believe the value of the benefits garnered from loyalty or rewards programs is diminishing, their favourite loyalty program still has an influence on their behaviour, a report has found.
Cohort Go enables students to pay in their own local currency, and offers them rates usually only available to large corporates.
Tyro has announced Robbie Cooke, the former managing director and CEO of Tatts Group, will take on the role of CEO at the end of March.
Insurtech Australia has partnered with a number of international counterparts to launch the Global InsurTech Alliance (GITA), an international network looking to facilitate global collaboration and connectivity in the insurance technology space.
Data registries and analytics business Illion, formerly Dun & Bradstreet, has acquired Adelaide fintech startup Proviso as it gears up for the arrival of Australia’s open banking regime.
The Victorian Government has today revealed Stone and Chalk has been chosen to establish and run its flagship fintech hub, while YBF Ventures will also establish a dedicated space for fintech startups in its new Bourke St building.
With consumers time-poor, the aim is for Cove to deliver “the most intuitive mobile experience of any insurer in the world”.
Fintech startup Douugh has closed a $2.5 million seed funding round and landed a partnership with US bank, Choice Financial.
National Australia Bank (NAB) has today announced it is set to hire 600 tech specialists across the areas of software engineering, data, architecture, and security.
ANZ has announced the appointment of Ron Spector as its managing director of New Business, Emerging Technology and Ventures.
Credi is working with lenders and borrowers who don’t traditionally see themselves in those terms – friends and family who simply lend each other money.
Westpac has invested $40 million into ASX-listed zipMoney through a private share placement for a 17.11 percent stake in the company, with a further $8 million to be invested subject to performance.
The report from Committee for Sydney and KPMG found that the number of fintech companies in Australia has grown from fewer than 100 in 2014 to 579 today.
Fintech coworking community Stone and Chalk has announced its expansion into Victoria, with a space for 60 desks to open next month in Melbourne.
TicToc is able to approve a loan in just 22 minutes through a ‘digital decisioning system’ that can approve a customer’s online application almost in real time, with no need for input or assessment from a human.