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FinTech

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Regtech & Fintech DLT-as-a-Platform live in Australia
A few years in the making, now Australia's Australian Securities Exchange (ASX) is live with Synfini - its distributed ledger technology (DLT) as-a-service platform.The premise is to offer multi-party services through the platform including automated consent management and data sovereignty with each party permissioned on the ledger according to specific security and privacy requirements.Could this regtech/ fintech innovation see more applications of distributed ledger technology and faster business workflows? Already KPMG is building onto the platform the NSW government building assurance solution (Broadridge)https://www.zdnet.com/article/asxs-blockchain-based-chess-replacement-pushed-to-april-2023/image credit : Hoyes
21 November 2021 by Daniella Trai...

FinTech

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The KEY to fix crypto's security vulnerability
Cryptocurrency is on the rise. Australia’s technology pioneer Peter Kazacos OAM of KAZ is bringing KAZ quantum security technology, in partnership with Quantum Digital Assets Limited. The industry-first solution is set to revolutionise cryptocurrency security by using quantum technology to fight quantum computing and upgrade the cryptography of existing protocols (like Bitcoin). Using real quantum phenomena, the quantum tunnelling of electrons are totally unpredictable and entirely random to produce quantum cryptographic keys. Theoretically this is impossible to reverse engineer and breach. This has the capability to solve crypto’s security vulnerability and remove threats posed by quantum computers. More: https://quantumassets.vg/
19 November 2021 by Samantha Sakr

FinTech

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Spriggy Diversifies Its Portfolio
Leading pocket money app, Spriggy, has made its first move outside of kids money management with the launch of Spriggy Invest, aimed at enabling parents to invest for their children's future.The app initially offers simple ETF-based options, either locally in Australia or in Global Technology shares.Spriggy benefits from a rapidly loyal customer-based of circa 400,000 Australian households, so the idea to futher monetise this base by offering additional services to families is likely to have been a no-brainer.The investments are managed by the Cache Invest - investment-as-a-service - platform.
20 October 2021 by Ben Ford

FinTech

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Cyber Security | Global Threats, Local Impact
What are cyber hackers up to now? How exposed is your organisation to the activities of cyber hackers? What do you do with the ransomware claim that's frozen your system and brought your organisation to a standstill? How can you 'hide' your business so that the hackers can't find you to disrupt your operations? How can you guarantee that your teams working remotely aren't weakening your defences?...Join leaders in their field for the most practical update on how you can anticipate and respond to the cyber security challenge facing your organisation today....https://www.linkedin.com/posts/mariamacnamara_cybersecurity-global-threats-local-impacts-activity-6856021383319830528-UlMn
19 October 2021 by Maria MacNama...

FinTech

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4 Day Week To Boost Productivity: InDebted Makes The Move
Local FinTech scale-up, InDebted, has switched to a four day working week for all employees, making it one of the first local companies to adopt what has been up to now a broader (yet still nascent) global trend.Founder, Josh Foreman, is looking to bolster productivity by having fresher, less burnt-out, employees, as well as stand out from the crowd to prospective new-hires.The tech debt management business is in hyper-growth phase and recently raised $25m in its Series B funding round. Foreman hopes it can maintain this trajectory by becoming a workplace-of-choice as employees fully recharge.https://www.smartcompany.com.au/startupsmart/news/indebted-four-day-work-week/
16 September 2021 by Ben Ford

FinTech

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A card reader to suit every business
SumUp is the leading mobile point-of-sale (mPOS) company in Europe. They started out in 2012 and built their payment service from scratch to shake up the industry and wake up the entrepreneur within anyone.https://ffnews.com/company/sumup/
30 August 2021 by Claudia Bergh...