finder fintech roundup: Samsung Pay, ASIC, Regtech and Acorns
The industry secretly flourishing within fintech and Acorns' new sustainable portfolio.
Catch up on the news in financial innovation from the past week.
Melbourne to host Australia's first national fintech festival
The peak body for Australia's fintech industry, FinTech Australia, has announced Intersekt, a week-long national fintech festival to be held in Melbourne later this year. Find out more details about the festival here.
Samsung Pay partners with another 38 financial institutions
Samsung has announced a new partnership with Cuscal, thereby allowing 38 financial institutions to offer Samsung Pay to their customers. This essentially gives a further 1.7 million Australians the ability to tap and go with Samsung Pay.
ASIC enters a new international fintech agreement
The Australian Securities and Investments Commission (ASIC) has announced a new fintech Cooperation Agreement with Hong Kong Securities and Futures Commission. The new agreement, another in a long list for the Australian regulator, will provide a "framework for cooperation to support and understand financial innovation in each economy".
The industry secretly flourishing within fintech
Last week, finder.com.au attended the Regtech Australia Forum held by InnovationAus.com and learnt more about the industry that's helping to regulate innovation within fintech.
Acorns launches sustainable investment portfolio
Micro-investing app Acorns has launched an Emerald portfolio. This is a new socially-driven portfolio option that allows users to "participate in the financial markets with an option to align their investments more closely with their values”, according to Acorns Australia CEO George Lucas.
The finder fintech roundup is a summary of the news in fintech from the past week. Check back every Monday to catch up. Picture: Shutterstock