WollemAI has secured seed funding and is beginning to expand to Singapore through Australian banks.
The private-markets operator is applying for a license to break ASX’s monopoly on clearing and settlement.
Australia generally lacks regulation for anything crypto, but one local player has found an exception.
More institutional investors are allocating assets based on indexing, which requires bank-sourced data.
The review by Accenture that killed the DLT project details the problems behind ASX’s CHESS replacement.
Pete Steel was CBA’s head of innovation. Now he’s out to disrupt banks’ biggest consumer business.
The newest licensed bank in Australia is using a suite of technologies to become a consumer and SME lender.
Square’s acquisition of AfterPay isn’t the region’s only BNPL deal: Indonesia’s Kredivo gets SPACed.
The startup, a mashup of neobanking, A.I. and robo advisory, has a U.S. base and an Australian future.
Australians have a track record of disappointing disrupters.
