Wednesday, 24 February 2021: CreditorWatch Chief Economist, Harley Dale, has led proceedings at today’s Australian Mortgage Innovation Summit (AMIS) with an opening keynote presentation on the state of the economy in 2021. (more…)

The Federal Department of Industry, Science, Energy and Resources is streamlining their invoice process to support Australia’s economic bounce back.

Adelaide, 24th of February, 2021
Link4 announce that another key Federal government department will be using their PEPPOL accredited access point to meet their e-Invoicing needs. Xcellerate IT and Link4 have been working together to implement e-Invoicing ahead of the government e-Invoicing mandate. (more…)

Works towards meeting international banking needs of Aussie consumers, businesses and banks beyond money transfers

Melbourne, Australia, 22 February 2021 – TransferWise, the global technology company building the best way to move money around the world, has today announced it has changed its name to Wise. (more…)

Envestnet | Yodlee Credit Accelerator gives a comprehensive and accurate view of a consumer’s financial position, allowing for Financial Institutions and FinTechs to meet Responsible Lending guidelines (more…)

Personal data shared direct from individuals with consent presents enormous potential for innovation, as well as the development of personalised offers, for banks and businesses, health services and governments worldwide.

While data can be the fuel for a whole host of new services, and the bedrock of a growing sharing economy, the need to ensure privacy and the complexities of compliance are creating significant barriers to entry and causing marketplace challenges. Companies all trying to solve these issues on a one-by-one basis is inefficient, holding back open banking – and the wider data economy – from reaching its true potential. (more…)

The $13.3m investment comes as the original ‘Buy Now Pay Later’ solution for  real estate signals further growth 

Melbourne, 5 February 2021: Today REA Group Ltd confirms a strategic $13.3m investment in  Melbourne-based fintech CampaignAgent. The pioneering ‘Buy Now, Pay Later’ solution for the real  estate industry allows customers to seamlessly pay directly for property marketing costs through its  payment gateway, or simply defer the payment to better align with the proceeds of their sale through its flagship product VPAPay.  (more…)

Late invoice payments are the number one cause of poor cash flow for SMEs with many reporting they only have enough cash flow to survive for three months or less.

Inefficiencies in operational processes and payments practices plague many businesses and directly contribute to cash flow problems where, on average, Australian businesses are now taking 34 days to pay their invoices. This becomes especially concerning during the COVID-19 pandemic where, at this time, businesses owners need greater transparency and control of money moving in and out of their business. (more…)