finder fintech roundup: Samsung Pay, global fintech hub rankings and subpar online insurance

Elizabeth Barry 13 April 2017 NEWS

samsung pay

Innovation doesn't slow down for the long weekend. Here's all the news to catch up on this week.

A Big Four lender jumps on board with Samsung Pay, Deloitte releases its global fintech hub rankings and Australians aren't that impressed by insurers' online performance.

Westpac signs up for Samsung Pay in Australia

Westpac has become the first Big Four bank to launch Samsung Pay in Australia, signalling a further step away from Apple Pay for the bank. Westpac debit and credit card holders with Samsung phones can now use the payment platform.

Sydney fintech hub now 7th in global rankings

Deloitte has ranked Sydney's Stone & Chalk as seventh in its Deloitte's Global Fintech Hub Review 2017. Sydney was beaten out by fintech hubs in London, Silicon Valley and Zurich.

Australians think banks and insurers do a mediocre job online

New survey data from Forrester Research show that most Australians rank credit card providers, insurers, traditional retailers and online-only retailers between "poor" and "okay" when it comes to online customer experience.

The finder fintech roundup is a summary of the news in fintech from the past week. Check back every Friday to catch up.

Picture: Shutterstock

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