Fintech
CBA’s Comyn warns on Apple’s ‘tremendous market power’
CBA’s chief has sounded a warning over Apple’s growing dominance in digital wallets, accusing the technology giant of choking off competition.
- by Clancy Yeates
Latest
Cannon-Brookes backed Spaceship hits $1b in funds under management
The superannuation startup, backed by Atlassian co-founder Mike Cannon-Brookes, is growing its base as the market for Millennial-focused finance products booms.
- by Cara Waters
Challenger fintechs take aim at Australia’s big four banks’ ‘crypto hesitancy’
A Senate inquiry has revealed the simmering tensions between banks the fintechs over de-banking.
- by Clancy Yeates
‘Generational shift’: Afterpay targets younger customers as it moves into banking
Afterpay will offer fee-free bank accounts that pay an interest rate of 1 per cent on savings as it steps up its competition with established banks.
- by Clancy Yeates
‘Up there with pay day loans’: Calls for crackdown on wage advance apps
“Nobody likes waiting” is the slogan salary based buy now, pay later startup MyPayNow broadcast across prime time television as a sponsor of top rating show Married At First Sight.
- by Cara Waters
‘A broken system’: TechLend tackles bridging loans
Fintech TechLend wants to take on the big four banks by disrupting the market for bridging loans that let borrowers buy a house before they have sold their existing one.
- by Cara Waters
Judo Bank’s valuation hits $1.9b, says float ‘an option’
Challenger lender Judo Bank has wrapped up a quick-fire $124 million equity raising to help fund its aggressive growth in the small business market.
- by Clancy Yeates
Welcome to the revolution: meet the fintech founders disrupting super
While it started as a share trading site, Superhero founders John Winters and Wayne Baskin can’t wait to unleash it on the $3 trillion superannuation industry.
- by Jessica Irvine
Opinion
Cryptocurrencies
Why the banks won’t touch bitcoin anytime soon
A pillar of the global financial establishment recently revealed its view on cryptocurrencies: it is extremely sceptical.
- by Clancy Yeates
Analysis
Analysis
Afterpay’s banking move turbocharges valuation debate
The upcoming launch of Afterpay Money has only widened the divergence between what rival investment banks think the much-hyped stock is worth.
- by Clancy Yeates
Digital wallets such as Apple Pay lack transparency: RBA
As more people tap their iPhone instead of a credit card, the RBA has pointed to opaque fees charged by the tech giant.
- by Clancy Yeates