finder fintech roundup: Bitcoin, banking, digitisation and disruption
Here's what Australian fintech players got up to this week.
Bitcoin, ME Bank, millenials and more making headlines this week.
What is going on with bitcoin?
Bitcoin was the strongest performing currency of 2016. Despite a notable drop in value last week, the cryptocurrency will replace gold and the USD within 20 years, according to Wyre CEO Michael Dunworth.
ME ups its fintech game
Australian bank ME has signed a five-year deal to outsource part of its core banking capabilities to global technology consultant Capgemini, in an effort to further the scope of its digital innovation strategy.
How automation is shaping fintech plans
A new industry report calls for investment banks to take advantage of technological innovations by optimising outdated operating models, improving automation and undertaking a digital transformation.
Millennials are overrated when it comes to driving disruption
Millennials are often early adopters of technology but many fintechs are ill-prepared to engage with this younger generation. Fortunately, the "silver market" (over 60s) are now embracing new technologies.
The finder fintech roundup is a summary of news from the past week. Catch up on what's happening.