Fintech

EML Payments releases Open Banking white-label digital wallet

- May 3, 2021 2 MIN READ

Brisbane fintech EML Payments (ASX: EML) has released a white-label digital wallet giving lenders and other fintechs great access to Open Banking as part of the Consumer Data Right. The digital wallet, Nuapay, combines Open Banking with personal finance management and payments in a customisable solution digital solution, in a partnership with fellow fintech Frollo.… Read more »

ASX

A GOOD READ: Booktopia’s sales and profits explode

- April 30, 2021 < 1 MIN READ

Australia’s love of reading has seen quarterly sales at ASX-list online retailer Booktopia soar 53% in a year. The company (ASX: BKG) had already upgraded its revenue and EDBITDA forecasts for FY2021 just two months after listing last December and today released its March quarter figures, saying it was on track to meet the upgraded… Read more »

News & Analysis

Your 90-second guide to the day in tech

- April 30, 2021 3 MIN READ

Yay! We’ve made it to Friday. Remember to tune in for the Startup Daily show on Ausbiz.com.au  every weekday, 2-2.40pm. Watch online, download the ausbiz app or via 7Plus. Here’s the latest tech news from around the world.    She’s Apple The world’s most valuable company, smashed market revenue expectations for the March quarter (Q2) by around US$12 billion, generating… Read more »

News & Analysis

There’s a boom in older entrepreneurs – and they’re beating younger counterparts to success

- April 30, 2021 3 MIN READ

Bill Gates was 21 when he and Paul Allen registered Microsoft. Steve Jobs was 22 when he and Steve Wozniak launched Apple. Mark Zuckerberg started Facebook in his Harvard dormitory. The biographies of these tech billionaires who achieved great success in their twenties has helped cement the perception that entrepreneurship is a young person’s game.… Read more »

News & Analysis

Your 90-second guide to the day in tech

- April 29, 2021 3 MIN READ

It’s Thursday already! Remember to tune in for the Startup Daily show on Ausbiz.com.au  every weekday, 2-2.40pm. Watch online, download the ausbiz app or via 7Plus. Today we’re talking cryptocurrencies as part of our ongoing collaboration with Fintech Australia. And here’s the latest tech news from around the world.    Google & Microsoft boom Results in from Google’s parent… Read more »

Data privacy

Apple’s latest iOS update has app tracking controls that threaten Facebook’s revenue. Here’s how it works and whether you should you use it

- April 29, 2021 4 MIN READ

Apple users across the globe are adopting the latest operating system update, called iOS 14.5, featuring the now-obligatory new batch of emojis. But there’s another change that’s arguably less fun but much more significant for many users: the introduction of “app tracking transparency”. This feature promises to usher in a new era of user-oriented privacy,… Read more »

News & Analysis

NBN borrows $2.6 billion via US bonds

- April 28, 2021 < 1 MIN READ

The government-owned NBN Co has taken on a fresh $US2 billion (~$A2.6bn) in debt via a bond issue in the US as it seeks to wean itself off federal government funding. The issue was made up of a five-year bond of $US750m and a 10-year bond of $US1.25 billion. The five-year bond will mature in… Read more »

Artificial Intelligence

AI will shape the future of global trade disputes, but our legal understanding lags behind it

- April 28, 2021 5 MIN READ

In 2030, the adjudicators of the World Trade Organization (WTO) are sitting in the Geneva headquarters to hear a trade dispute between the Republic of Robata and the Federal Republic of Daemon.   Robota, a developed country, is a superpower in artificial intelligence (AI) and takes the lead in designing and manufacturing vehicles equipped with… Read more »

Cryptocurrency

Reinventure’s bet on Coinbase returns $546 million, boosting Westpac’s bottom line by $288m

- April 28, 2021 2 MIN READ

January 2015 was an interesting time for bitcoin and Westpac’s fintech venture capital fund, Reinventure. Simon Cant and Danny Gilligan, co-founded the VC with Westpac the year before. Bitcoin kicked off the year at around US$300, before crashing to $170 within a fortnight. The cryptocurrency would climb to $465 before the year was out and… Read more »

Global tech

LIFT YOUR APP GAME: Australia’s competition regulator takes aim at Apple and Google over their app store dominance

- April 28, 2021 3 MIN READ

The “significant market power” of the Apple App Store and Google Play in Australia needs to be addressed says Rod Sims, chair of competition regulator the ACCC, to give app developers better terms and conditions, as well as improving the approvals process The second part of the ACCC’s Digital Platform Services Inquiry interim report, which focuses… Read more »

Global tech

Parents are worried about the impact of technology on their digital native kids

- April 28, 2021 3 MIN READ

More than nine out of ten parents think digital media and technologies are a negative distraction in their lives. And 83% think their children are also negatively distracted by digital devices. These are some of the findings from our Growing Up Digital Australia study. In 2020 we surveyed nearly 2,500 parents, grandparents and caregivers across… Read more »

News & Analysis

Your 90-second guide to the day in tech

- April 27, 2021 3 MIN READ

Welcome to Tuesday Don’t forget to tune in for the Startup Daily show on Ausbiz.com.au  every weekday, 2-2.40pm. Watch online, download the ausbiz app or via 7Plus. Here’s the latest tech news from around the world.  Roku takes on Google In a true David v Goliath battle, video streaming player Roku has flagged that Google’s premium service, YouTube TV, might… Read more »

Agritech

New Zealand agritech startup Halter has raised $29 million in Series B for a ‘cowgorithm’ to create fenceless farming

- April 27, 2021 3 MIN READ

A New Zealand agritech startup fitting cows with GPS-enabled solar collars to “guide” cows around pastures using sound and vibrations, creating virtual fences via an app, has raised A$29 million in a series B round. Halter says it is bridging the gap between human and animal understanding to transform farming. The series B round was… Read more »

Funding

Uni student recruitment marketplace Adventus closes $22.7 million series A with $11m top up

- April 27, 2021 3 MIN READ

Adventus.io, a SaaS-based college student recruitment marketplace which has attracted more than 2000 universities globally to the platform, has raised an additional $11 million, led by venture capital firm Our Innovation Fund (OIF), to close a $22.7 million Series A. The funds will be used to bolster the edtech startup’s global footprint, especially in the… Read more »