On October 23 Google announced that it built a quantum computer thousands of times faster than classic computers. This could have immense impacts on finance, cryptography and other fields.
Taking a loan has never been easier thanks to the proliferation of mobile lending platforms.
Rosenfeld Media/Wikimedia Commons
Victor Odundo Owuor, University of Colorado Boulder
Mobile money transfers have been a great asset. But the rise of online betting could threaten its contribution.
Spotify’s listing in April this year valued the company at US$29 billion making it the second largest VC-backed debut this decade.
Justin Higuchi/Flickr
Open banking will require data sharing that will disrupt the monopoly that big banks have on customers’ financial data. It will boost the range of products and deals available to people.
Afterpay uses a model that has been around for centuries.
AAP
Bank customers usually stay with their bank despite scandals in the sector, however new tech that gives consumers more information might help them switch.
Scott Morrison’s UK visit may deliver some new ideas on data for Australia.
Will Oliver/AAP
Business Briefing: ASIC tries to prevent fintech startups from becoming scammers
ASIC is teaming up with its Singaporean counterpart to encourage more fintech startups and dip its toe into the fast moving waters of the digital economy.
The distributed nature of blockchain networks make them useful for many applications.
Shutterstock