finder fintech roundup: Stone & Chalk, CBA, Westpac, Western Union, FoundX and ASIC

Elizabeth Barry 31 July 2017 NEWS

reading fintech

Stone & Chalk expands its operations and entrepreneurs in regional Australia get a dedicated meetup program.

Find out the news the fintech community has been reading the past week.

New initiative launched to support innovation in regional Australia

Accounting firm Crowe Horwath has launched FoundX, a dedicated meetup group and business mentoring program for entrepreneurs in regional Australia. The first meetup took place last Thursday in Geelong with Dubbo to follow soon. We chat to the chief marketing and digital officer at Findex Thomas Paule about the new initiative.

Stone & Chalk expands to Melbourne, embarks on fintech-agtech collaboration

Sydney-based fintech hub Stone & Chalk has announced plans to expand to Melbourne. Stone & Chalk will take up residence with agtech innovation hub and accelerator SproutX, with the two hubs planning to develop a new agri-fintech program.

SMEs embrace disruption, up their tech investments

The latest Business Monitor survey from MYOB shows that 76% of businesses have invested in technology as a means for innovation in the last year. A large percentage of the 1,000 businesses surveyed (40%) believe that advancements in technology will have a significant impact on their business.

Western Union announces new partnership with BP

Leading international money transfer provider Western Union has announced a collaboration with BP. The new partnership will allow Australians to complete international money transfer transactions from 302 BP locations across the country.

ASIC expands its fintech cooperation to the Middle East

The latest in a line of seven Fintech Cooperation Agreements, the Australian Securities and Investments Commission (ASIC) has signed a new agreement with the Abu Dhabi Global Market Financial Services Regulatory Authority. A statement from ASIC discusses the dynamic region's "huge potential".

The ethical dilemmas of the world's first accounting chatbot

Kriti Sharma, VP of bots and artificial intelligence at Sage, discusses the inherent ethical problems in artificial intelligence (AI); problems she discovered through her career in computer engineering and in developing the world's first accounting chatbot for Sage. We chat to Sharma to find out about the surprisingly complex world of developing AI for small business.

Blind group slams CBA for inaccessible EFTPOS terminals

Blind Citizens Australia, the national representatives for the blind and vision impaired, have strongly criticised CommBank for its Albert EFTPOS terminals. The group says the touchscreen terminals are inaccessible for blind and vision impaired Australians who cannot see the screen and therefore cannot enter their PIN without assistance.

CBA and Westpac top international mobile banking survey

Commonwealth Bank and Westpac have been named in the top ten banks in Forrester's 2017 Global Banking Functionality Survey, which evaluated 53 retail banking services globally. Find out the details and the rest of the top 10 here.

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

Picture: Shutterstock

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