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17 April 2020 • By Lachlan Maddock • 1 min read

Libra crypto gets revamp

A global cryptocurrency from one of the world’s largest software companies has undergone sweeping changes after drawing the ire of regulators

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Investment platform records over double trading volume amid crisis

Platform provider Xplore Wealth saw roughly two to three times its normal level of trading in March, as investment managers repositioned their ...

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Aussie fintech closes massive funding round

The fintech will put the funds to work in accelerating worldwide growth, expanding its product offerings, and exploring acquisitions. Payments ...

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Aussie neobank gets huge cash injection

An Australian neobank has pulled off a massive series A round, raising millions to accelerate product development. 86 400 raised $34 million in ...

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APRA decision will ‘stifle innovation’

APRA’s decision to suspend issuing licences could bleed Australia’s fintech industry of money and jobs. On 8 April, APRA warned that it will not ...

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Finance falling behind on cybercrime

Finance is constantly under threat from data breaches and new forms of cybercrime, but many institutions are still failing to take action

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Aussie neobank gets massive cash splash

One of Australia’s underdog neobanks has received hundreds of millions in funding from a global banking industry investor. Xinja received $443 ...

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Major asset manager ditches ETFs

A major asset manager has shuttered its ETFs after they failed to attract investors. UBS Asset Management announced that it will shut down six of ...

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ETFs weather coronavirus storm

ETFs have passed the “real-life test of extraordinary volatility” as markets tumbled amid the coronavirus rout. After 14 solid months, the ...

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Banks playing “catch-up” on data

Incumbent banks need to leverage data technology to improve product innovations and stay ahead of upstart challengers, according to enterprise data ...

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