Insights

London-based neobank Revolut has launched in Australia today after the ASIC allowed the bank to use its European electronic money licence to support itself in Australia. The neobank is valued at US$1.7 billion and is one of the fastest growing companies in Europe boasting more than 4 million customers worldwide.

Mary Meeker presented her annual Internet Trends Report overnight. Packed full of charts which go up and to the right (illustrating the explosive growth found online) this year’s slide deck comes in at 333 pages. It’s the first report the famed analyst has presented since leaving Kleiner Perkins Caufield &

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Open banking has been regulated or has organically developed in a number of major economies in recent years. In the UK It was forced upon the nine biggest banks with the promise of increased transparency and competition for customers over a year ago. Today over 100 regulated entities are enrolled

International digital remittances will reach $525 billion by 2024, up from an estimated $332 in 2019, according to new data from Juniper Research. In Digital Money Transfer & Remittances: Domestic & International Markets 2019-2024, the study’s authors say the mobile channel will become increasingly popular; accounting for 41 per cent

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APAC organisations will spend over $US375 billion on digital transformation this year with a five year CAGR of 17.4 per cent to 2022, according to new research from International Data Corporation (IDC). China is driving most of the region’s spend with heavy investment in manufacturing, according to the report IDC

Wesfarmers Limited is buying online retailer Catch Group for $230 million. The conglomerate announced the deal this morning saying the buy will help build its “data and digital capabilities” and bolster its ecommerce offerings. The deal is still subject to approval by competition regulators, which Wesfarmers said it expects will

Uber has chosen Melbourne as its first international pilot city for its Uber Air program with tests scheduled to start next year, followed by commercial flights from 2023. Uber already has test sites in Los Angeles and Dallas for its air transport program, which the company hopes will open up

A simple post on LinkedIn recently elicited a surprisingly strong result from amongst our marketing and digital readers.  We asked, “If you have been involved in replacing one marketing cloud with another, or even a major part of a marketing cloud with another, please get in touch.” It’s rare that

Former Wavemaker managing director and GroupM chief operating officer, Chris Riley is the new GroupM chief executive in New Zealand. Riley, in his new role, will lead the strategy for the group and while running the operation in New Zealand. He will report to GroupM Australia and New Zealand chief

The number of security breaches impacting Australian organisations increased 18 per cent in 2018, according to new research published by Accenture and Ponemon Institute. The study shows Australian companies experienced an average of 65 security breaches in 2018, compared to an average of 53 in 2017. Based on interviews with