Fintech stories

Banks spent on average approximately $360,000 in 2020 on failed payments, whereas the average corporate firm spent just over $200,000.>>

Appian has announced that Hay, the Australian headquartered fintech company, has launched its ‘Hay-as-a-Service’ (HaaS) solution with the support of the Appian Low-Code Automation Platform.>>

The solution is designed to enable businesses to offer customers compliance and regulatory infrastructure, cross-border payments infrastructure, real-time FX for overseas card transactions, access to a global banking network and more.>>

"New Zealand is clearly punching above its weight in terms of fintech innovation.">>

Removing paper from invoicing processes is a crucial step to reach true efficiencies, writes MessageXchange managing director and co-founder John Delaney.>>

"The demand for these types of solutions is continuously growing, and we are delighted to add Envestnet | Yodlee to our list of partners and to bring these solutions to life across Australia and New Zealand.”>>

Workday Payroll also allows customers to gain control of their payroll data and costs with the flexibility to configure payroll as business needs change. >>

"There is no one-size-fits-all approach, and banks cannot create all digital subsidiaries equally. Players capable of achieving long-term growth and profitability today will be tomorrow's fintech-era success stories.">>

Unfortunately, the response to moving payroll to the cloud is often to keep it on-site. But if cloud adoption is done correctly, the pros outweigh the cons.>>

Marketing analytics platform Adjust has released a new report that finds mobile app growth is up by 31% in 2021.>>

Marqeta has partnered with Afterpay to issue virtual cards as part of its in-store solution in the Australia and New Zealand (A/NZ) market.>>

To truly be customer-centric, it’s time to stop talking ‘open banking’ and show consumers that it’s simply ‘smart banking’, using modern technology to deliver better financial – and social – outcomes.>>

Wondering if your organisation has been as aggressive as it could be in embracing automation and adopting digital technologies? Check your progress against these benchmarks, advises BlackLine regional vice president for ANZ Claudia Pirko.>>

Acala is the decentralised finance hub of Polkadot, and it provides financial applications and stable assets that scale.>>

As part of the new partnership, Meniga will join the Visa Ready Program, signifying that the company’s solutions meet Visa’s standards regarding security and functionality, and granting Meniga the status of certified Fintech Enablement partner.>>

This is our second IT Jam with a representative from Mambu: Today, it's Kristofer Rogers, the company's general manager for ANZ. >>

According to a statement, the partnership enables Railsbank to continue its expansion within the Asia Pacific region, including the highly strategic market of Australia.>>

Mambu is a SaaS banking platform, providing technology to banks and others to power lending, deposit and other banking products.>>

Banks are going back to the drawing board on their digital transformation programmes.>>

vcita is a software platform for small business management that has a strong value proposition around helping micropreneurs to get paid for their services.>>

Despite increasing digital adoption in response to the COVID-19 pandemic, the survey revealed that only a third of businesses in APAC have actively adopted fintech solutions.>>

“Our digital and technology team are working more closely than ever with teams from around the bank, so that we can better understand the needs, challenges, and opportunities of both our customers and teams.”>>

As COVID-19 continues to create economic uncertainty, several fintechs have started to realign their growth strategies, the analysts state. >>

This latest funding round was backed by TCV, which is a capital investment firm that has backed the likes of Airbnb, Expedia, LinkedIn, Netflix, and Zillow.>>