finder fintech roundup: zipMoney, Reinventure and the ACCC
Regulation, disruption and expansion set the tone this week in fintech.
This week we saw the consumer regulator struggle with digital disruption while Reinventure set its global expansion priorities. Cyber security and data were also a focus for banks and fintechs alike.
Reinventure makes a new hire to help startups expand into the US
Westpac-backed venture capital fund Reinventure has hired Silicon Valley native Kara Frederick as part of its efforts to better support startups looking to expand into the US.
zipMoney shows how far fintech could go with open data
We chat to Larry Diamond, co-founder and managing director of zipMoney, about the payment platform's focus on data and how it's helping to change the interest-free payments space.
The consumer regulator is struggling with digital disruption
The chairman of the Australian Competition and Consumer Commission (ACCC), speaking at a National Consumer Congress in Melbourne, has talked about the challenges the regulator faces because of "fast-moving disruptive technologies".
Australian banks to prioritise customers and cyber security in 2017
The 2017 EY Global Banking Outlook has found that Australian banks will be enhancing cyber security and focusing on customer remediation issues over the next 12 months.
The finder fintech roundup is a summary of the news in fintech from the past week. Check back every Friday to catch up.