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18 December 2020 • By Sarah Simpkins • 1 min read

IOOF dumps BT platform deal for HUB24

IOOF has terminated its external platform agreement with BT, opting to instead enter a deal with HUB24. IOOF and BT exited their relationship ...

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Xinja pulls the plug

Upstart neobank Xinja will hand back its banking licence and return deposits after being toppled by one of the worst years on record. Xinja has ...

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Big four face ‘major’ reputational test

The big four will have to tread carefully as COVID-19 accelerates the digital transformation and loan and stimulus support is unwound. Increasing ...

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Investors should prepare for ‘extreme’ cyber threats

As investors confront a world radically changed by COVID-19, they’ll be dealing with a host of new and pervasive cyber threats. It’s well ...

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Hostplus transitions service centre to Link Group

Hostplus has signed a new agreement which will see a service centre for the fund established under data administrator Link Group. The new Hostplus ...

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Struck by data glitch, ASX shuts

The ASX is set to reopen on Tuesday morning, after being afflicted by market data issues and shutting down early on Monday afternoon.  The stock ...

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Newcomer trading platforms to accelerate ETF growth 

The entry of trading platforms such as Superhero in the Australian market is expected to further fuel the growth of the ETF segment, following its ...

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RBA teams with industry for digital currency research

The Reserve Bank has partnered with Perpetual, CBA and NAB, as well as blockchain technology provider ConsenSys Software to explore implementing a ...

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Westpac exits Zip following Afterpay deal

Westpac has sold its 10.7 per cent stake in Zip Co, after teaming up with buy now, pay later rival Afterpay.   The big four bank offloaded 55.2 ...

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Aussie fintechs push through pandemic blues

Australia’s fintech industry has continued to grow through COVID-19, but headwinds loom for many fledgling companies. EY’s Fintech Australia Census ...

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