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How FinTech is Shaping Investment and Asset Management How FinTech is Shaping Investment and Asset Management

The increased interest in fintech management is also contributed to by the high amount of fees charged by active managers who nevertheless are no match for robo-advisors.

Australia’s funds management industry is the largest in the Asian regionAustralia’s funds management industry is the largest in the Asian region

Australia’s funds management industry (also referred to as “managed funds” or “investment funds”) is the largest in the Asia-Pacific region and the sixth largest in the world, according to the survey produced by Washington-based Investment Company Institute.

Robots, Artificial Intelligence to make many fund managers obsolete: expertRobots, Artificial Intelligence to make many fund managers obsolete: expert

Google is likely to harness its massive financial and data firepower to emerge as a funds management powerhouse, a global finance guru has warned, as artificial intelligence and robots make obsolete many of the world’s highly-paid fund managers.

Incentives for investment in Australian innovation: investment sector focus of VCLPs and ESVCLPs Incentives for investment in Australian innovation: investment sector focus of VCLPs and ESVCLPs

January 30, 2017

Access to funds is commonly considered to be a key barrier to innovation – restricting entrepreneurs from developing and commercialising their ideas especially during early stages of innovation.

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Aussies trust Apple, Google with credit card details more than local retailers Aussies trust Apple, Google with credit card details more than local retailers

January 19, 2017

After a string of online security breaches, Australians are wary of storing their credit card details online and mistrust local retailers more than tech giants Apple and Google.

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Home loan and credit card interest rates rise in late 2016 even as RBA stays on hold Home loan and credit card interest rates rise in late 2016 even as RBA stays on hold

January 12, 2017

Analysts say they anticipate interest rates for home loans and credit cards to rise in 2017, irrespective of what the Reserve Bank does.

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ASIC broadens scope of fintech regulatory ASIC broadens scope of fintech regulatory

December 15, 2016

Some fintechs will be able to test financial products and services with up to 100 retail customers for a year without having to get a licence, the corporate regulator said in its revised 'regulatory sandbox' policy, a key plank of the government's attempts to lift innovation by supporting start-ups.

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Coles credit cards to be managed by Citi Coles credit cards to be managed by Citi

November 17, 2016

Coles' parent company Wesfarmers has partnered with financial provider Citi to manage the supermarket giant's credit card business.

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