fintech

Xinja has called it a day, announcing it will close its transaction and savings account product, return the money to customers and hand back its banking license to the Australian Prudential Regulation Authority (APRA). The digital-only neobank has blamed ... More

Over the course of this year, many Australians have seen volatility in global sharemarkets as a buying opportunity. And many of those who have been active look different to past investors. The face of investors is changing, driven by a combination of ... More

Although the market is continuing to navigate the uncertainty caused by COVID-19, structural shifts have seen tech stocks shine the brightest while utilities and energy drag. Of all 270 companies that reported, the overwhelming majority (46%) were in ... More

The arrival of open banking - which allows financial institutions to share customer data - should give households the ability to track down better deals and products. But it also raises concerns about the privacy and security of personal information. ... More

COVID-19 has rewritten life in immeasurable ways, including the way we view and use cash. The use of digital payments has skyrocketed in the past months, driven by fear of virus transmission via cash. Analysis from Commonwealth Bank has found that digital ... More

Customer insights and behaviour management are the new battlegrounds in today's wealth services space, a new report from Investment Trends finds. Today's established financial services incumbents - namely the big four banks - and a raft of fintech ... More

Living paycheck to paycheck can be painful, forcing you to take out a payday loan charging high fees. Several new instant pay apps offer a way out of this bind, allowing you to withdraw your earned wages on demand. But are these apps too good to be ... More

Westpac's foray into digital banking stepped up a gear this week, with the announcement of a digital-only platform. The move is seen as an attempt to coax younger customers away from the new wave of neo banks. "We're preparing for our digital ... More

More than a third of Australians (35%) struggle with money management and 41% of us are not prepared to handle a large, unexpected expense, says the Commonwealth Bank. But there's at least $10 billion in free money that we're not accessing ... More

EML Payments is a structural growth company with multiple growth drivers and identifiable near-term positive share price catalysts - a clear standout at the most recent results season (40% FY19 EBITDA growth, solid earnings beat, market forecasts upgraded). ... More