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The Information’s 411 — Wherefore Art Thou Domio

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The second part of our Airbnb series looks at Domio, a startup that tried to build a business on the Airbnb platform. Paris tells us how she stumbled across the Domio story and how the company gamed loopholes in city guidelines about short term rentals. And Cory explains what the Domio saga means for Airbnb as it heads toward an IPO.

Source: https://www.theinformation.com/articles/the-informations-411-wherefore-art-thou-domio

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Link4’s e-invoicing live with Australian Treasury as company wins additional government contracts

Australian TreasuryLink4 won the Australian Treasury contract after a competitive tender where it was selected above global software giants.

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Australian fintech Link4 will enable the Australian Department of Treasury to accept e-invoices from today, reducing labour associated with invoice payments and accelerating payment timelines for suppliers.

Link4’s technology will result in Treasury paying invoices within five days.

According to the Australian Small Business and Family Enterprise Ombudsman, e-invoices have the potential to produce a $28 billion economic benefit over the next decade. A traditional paper invoice costs more than $30 to process, while a pdf invoice costs nearly $28. E-invoices are less than $10 to process.

Link4 won the Australian Treasury contract after a competitive tender where it was selected above global software giants. The company has been operating since 2016 and is an established leader in the e-invoicing space, serving thousands of businesses in seven markets.

Link4 CEO Robin Sands said Treasury’s adoption of e-invoicing would be mutually beneficial for Treasury and its suppliers, including Australian SMEs.

“We are thrilled to be the e-invoicing partner for multiple departments and agencies of the national government,” Mr Sands said.

“The selection of Link4 in a competitive tender process speaks to the strength of our service, and our ability to integrate seamlessly with the TechnologyOne system that these departments use.

“It also highlights the importance of supporting Australian innovation in public sector procurement processes.”

The October Federal Budget set aside $3.6 million for e-invoicing across government departments and agencies, with 80 percent of invoices to be electronic by July 2021 and e-invoicing becoming mandatory by 2022.

Link4 is an approved PEPPOL provider and has been listed on the Federal Government’s panel of PEPPOL suppliers.

Source: https://australianfintech.com.au/link4s-e-invoicing-live-with-australian-treasury-as-company-wins-additional-government-contracts/

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If you’re a crypto trader in Australia, things just got a lot better.

crypto traderIf you’re a crypto trader in Australia, things just got a lot better. Digital Surge offers a new & uniquely easy way to buy, sell & store over 220 altcoins.

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If you’re a crypto trader in Australia, things just got a lot better. Digital Surge 2.0 is the new, incredibly easy way to buy, sell & store crypto in Australia.

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With extremely low fees and some of the best customer support out there, their newly revamped platform makes trading crypto safer, simpler, and easier-to-understand than ever before.

While they’ve been providing everyday Australians with a simple way to buy Bitcoin for a while, Digital Surge have made some serious changes to the new platform, including:

  • A jump from 2 cryptocurrencies to over 220, giving them one of the widest selection of coins in Australia
  • Exclusive cryptocurrencies not available on any other Australian exchanges
  • Lower fees & more competitive spreads that can’t be beaten
  • Tax tool built in partnership with crypto tax specialists, Kova Tax
  • A new mobile-friendly interface designed for simplicity & everyday use
  • Premium educational resources & expert trading advice for all DS customers
  • A new layout designed to make trading simple & easy-to-understand
  • A more diverse & knowledgeable customer-support team

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But with all these new and exciting changes, they’ve made sure to keep what their customers have come to love about Digital Surge the same. You can expect:

  • Highly responsive & personalised customer support
  • Low fees with NONE of the usual hidden costs
  • The ability to pay Australian bills with Bitcoin
  • A free, highly secure personal wallet for all DS traders
  • A blend of cold-offline/hot storage for security & convenience
  • A straightforward, enjoyable & stress-free way to trade
  • Value not found at Australia’s larger exchanges

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Whether you’re you’ve been trading for a while or are completely new to the world of crypto, Digital Surge is Australia’s no. 1 choice for traders wanting a simple, easy-to-understand crypto experience that offers great overall value. Signing up and getting verified is easy and takes just a few minutes.

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The Digital Surge team have also put together some of the best educational resources out there, covering all the need-to-know basics of Bitcoin, blockchain, altcoins, smart crypto trading tips for new investors, and even some pocket-size trading wisdom articles to guide on your journey. They’re simple, easy-to-digest guides on everything you need to know to make profitable trades from Day 1.

While some people say it’s too late to jump on the Bitcoin & crypto bandwagon, the team at Digital Surge disagree. The last few years has validated their initial belief that crypto is not going away anytime soon. Every day, more and more industries are adopting crypto and blockchain technology and the overall trend is extremely — it is still not too late to get in early.

If you’re looking for a safe, smart & stress-free way to trade crypto in Australia, Digital Surge is the platform for you.

Crypto is here to stay. And so is Digital Surge.

Source: https://australianfintech.com.au/if-youre-a-crypto-trader-in-australia-things-just-got-a-lot-better/

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Will banks place a game engine at their core?

game engineBanks will place a game engine at their core to drive engagement because it is the number one priority and game is the best way of solving it.

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Deloitte just provided an insight into the answer. According to their new 2021 Banking trends report, nine out of ten chief marketing officers now expect to compete mostly based on customer experience. Given that 73% of consumer interactions with banks are digital, the only way this happens is through smart use of technology and data. The report concludes by stating that banks should leverage artificial intelligence (AI) and machine learning (ML) with platforms to collect data signals, identify moments and deliver against them in a personalized, relevant and meaningful way.

Game Theory is the best way we know of to engage people on journeys. It’s why we get hooked on games, compelled to compete, have fun, master and build emotional connection. Dharmesh Mistry, ex Chief Digital Officer at Temenos and respected Fintech commentator and leader gets this in his recently published modern banking platform. Smack bang in the middle is Engagement, driven by game, a platform that Moroku has, integration and API ready.

Banks will place game engines at their core to drive engagement because it is the number one priority and game is the best way of solving it.

Source: https://australianfintech.com.au/will-banks-place-a-game-engine-at-their-core/

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