Technology news for New Zealand's largest enterprises
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PayU strikes $65m deal for Singapore payments provider
PayU, a fintech business belonging to internet multinational firm Naspers, has acquired a majority stake in Southeast Asia-focused online payment solutions provider Red Dot Payment.
Fintech the new normal, survey finds
"The fact 55% of people use fintech on a regular basis highlights the staggering rate of the digitalisation of our everyday lives,"
Mobile virtual network market booming in APAC
A recent Fortune Business Insights report states that the MVNO market will see compound growth of around 8% over the next six years.
Liquid & CIMB Niaga to support QRIS for cross-border transactions
"We believe that this initiative will greatly benefit our customers who can enjoy the ease of transacting abroad, starting with Singapore's Changi Airport."
Alibaba Cloud becomes first public cloud provider to secure OSPAR validation
OSPAR is designed to support the financial services industry in reducing compliance-associated costs when outsourcing the management.
HSBC announces new digital accounts receivable tool
“Developing HSBC DART with Identitii has helped us solve a key pain point in receivables."
NZ CFOs comment on the impact of automation
Finance professionals need to adapt their skill sets in order to face the challenges the future workplace will inevitably bring.
Anaplan appoints Servian as new A/NZ business partner
Anaplan signs on Servian across Australia and New Zealand to deliver connected planning in the cloud.
Fractions sparking new fintech friction - Kiwibank
Facilitation of shared or 'fractionalised' investment ownership looks to be the next big thing in financial technology.
Exclusive: Why cloud is the answer to finance woes
"The cloud allows finance professionals to consolidate disparate systems and processes and retire legacy hardware systems."
Sweeping changes about to flow through fintech in NZ
“NZ is a country which is heavily focussed on the primary sector, but things can change quickly."
Avaya partners with Standard Chartered to deliver CX transformation
"Avaya is proud to be supporting this venerable financial institution as it continues to evolve and transform to meet the needs of its clients.”
How Kiwibank aims to enable greater digital inclusion
"Online tools can offer a more convenient and cheaper customer experience, but there can be barriers to usage."
9 Spokes and Microsoft NZ announce co-sell partnership
The agreement will see 9 Spokes listed on the Microsoft AppSource Marketplace, providing a channel to grow its platform base of small business users.
46% of financial organisations operating traditional data centres
Much has been said of its future prominence, but in no other industry is hybrid IT more prevalent now than in the financial services industry.
Two Ministers’ thoughts on blockchain in Oz
Minister Karen Andrews, and Minister Simon Birmingham have released a joint statement on the national blockchain roadmap and extra $100,000 funding.
OneSpan uses AI to tackle financial account fraud
Its new solution uses machine learning to protect online and mobile channels, as well as meet compliance requirements for transactional risk analysis
How Fintech will impact Kiwi businesses in 2019
New Zealanders will supposedly experience more changes in financial technology in 2019 than ever before.
Digital payments taking over Oz - threat or opportunity?
A report by Roy Morgan shows that over 70% of Australians are using at least one digital payment a year, with Gen X and Millennials leading the charge.
APAC FinTech network launches to encourage cross-border innovation
Nine associations formally launched the network by signing a Statement of Intent at the Asian Financial Forum event in Hong Kong.
Rewired: Meet the teams in Xero's new coworking space
The tenants include business analysis firm Futrli, payment platform GoCardless and UK digital bank Revolut.
NZ has a bright future in fintech
“We are seeing a real openness to open banking and a number of the banks have 20 or 30 collaborative Fintech projects on the go.”
APAC banks aim to use open source to enhance agility
“Open source is increasingly seen as a gateway to quick innovation."
Fintech startup Hnry extends oversubscribed pre-seed capital raise
Wellington-based fintech startup Hnry’s pre-seed capital raise was so popular that it was oversubscribed by $100,000 within days of launch.