The PRWIRE Press Releases http:// 2017-03-23T14:20:41Z Counterfeit Money Detection Market worth 3.11 Billion USD by 2020 2017-03-23T14:20:41Z counterfeit-money-detection-market-worth-3-11-billion-usd-by-2020 According to a new market research report "Counterfeit Money Detection Market, by Product (Coin & Currency Counter, Currency Sorter, Currency Detector, & Pen), Technology (Ultraviolet, Infrared, Magnetic, Watermark, & Microprint), Industry, End Device, and Geography - Global Forecast to 2020", the global market is expected to reach USD 3.11 Billion by 2020, at a CAGR of 6.9% during the forecast period.Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=199201518 Browse 71 market data Tables and 68 Figures spread through 154 Pages and in-depth TOC on "Counterfeit Money Detection Market - Global Forecast to 2020"http://www.marketsandmarkets.com/Market-Reports/counterfeit-money-detection-market-199201518.htmlEarly buyers will receive 10% customization on this report. Retail industry expected to lead the counterfeit money detection market Circulation of counterfeit currency is a serious threat for the retail industries because retail stores handle a lot of hard currency transactions and do not always have the strong security measures to control the same. Therefore, this sector is considered as a prime target for counterfeiting. Many skilled criminals can imitate the authentic bank notes, and this is virtually impossible for the cashiers to note the differences every time only through sight and touch. To avoid these monetary losses in the business, counterfeit money detectors can be installed. The detector is expected to alert immediately so that the cashier can refuse the bills and prevent the circulation of counterfeit notes in the business. Currency detectors expected to dominate the counterfeit money detection market segmented on the basis of product types Currency detectors are the widely used products for counterfeit money detection. These are especially designed for detecting counterfeit banknotes. Counterfeit detectors are built-in with various technologies such as ultraviolet, infrared, watermark, microprint, magnetic, and other technologies which are able to identify counterfeit banknotes. The APAC market expected to grow at the highest CAGR during the forecast period The market in APAC is expected to grow at a CAGR of 8.4% between 2015 and 2020. Governments of Asian countries such as China, Japan, and Australia give prime importance to the security aspect; there are numerous initiatives as well as various counterfeiting laws and penalties have been implemented in these countries to check on the circulation of counterfeit currency. The report analyzes the market trends for each of the market segments and their respective growth rates. Apart from the market segmentation, the report also covers in-depth analysis such as Porter’s five forces analysis, value chain with a detailed process flow diagram, and market dynamics such as drivers, restraints, opportunities, and challenges for the counterfeit money detection market. The report also provides a qualitative and quantitative description of the segmentations considered for the market. It also gives a detailed view of the market across four geographical regions: North America, Europe, APAC, and RoW. North America is holding the largest size in terms of value of the counterfeit money detection market, whereas APAC has been identified as the fastest-growing region globally. The report also profiles the most promising players in the counterfeit money detection market. The key players in the market are Crane Payment Innovations (U.S.), Glory Global Solutions (Japan), Japan Cash Machine Co., Ltd. (Japan), Cummins Allison Corp. (U.S.), Fraud Fighter (U.S.), Cassida Corporation (U.S.), and Royal Sovereign (U.S.) among others. About MarketsandMarkets MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.  Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. 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MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.  MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.  Contact:Mr.RohanMarketsandMarkets701 Pike Street Suite 2175, Seattle, WA 98101, United States Tel: 1-888-600-6441Email: sales@marketsandmarkets.comVisit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets Website: http://www.marketsandmarkets.com/  Datto hires Ryan Weeks as Chief Information Security Officer 2017-03-22T23:30:00Z datto-hires-ryan-weeks-as-chief-information-security-officer Sydney, Australia – March 23, 2017 – Datto, a leading provider of total data protection solutions for businesses around the world, today announced the hiring of Ryan Weeks as Chief Information Security Officer. Weeks will drive the company’s information security initiatives to ensure that the company’s products continuously meet the demanding challenges of Datto’s Managed Service Providers (MSPs) and their customers. He will also be responsible for continuing to develop and maintain the company’s security program roadmap and extending partnerships with MSPs. Weeks will report to Robert Gibbons, Chief Technology Officer.   “Datto strives to exceed the expectations that we jointly set with all of our MSPs, and our data protection technologies are unparalleled in safeguarding essential business data from evolving cyber-threats,” stated Gibbons. “Ryan brings a comprehensive skillset and proven success record that will play a critical role in helping Datto ensure the security of its core products, to deliver the highest standards for our partners.”   According to a recent study commissioned by Babson College, nearly 80 percent of small companies recognise the importance of technology as a means for growing their business and more than 40 percent feel ill-prepared, or have fallen victim to, cyber-attacks.1   “Datto is laser-focused on helping MSPs serve the business continuity, disaster recovery and networking needs of their small-to-medium business customers,” stated Weeks. “I’m eager to build upon Datto’s vision to ensure our solutions provide the level of protection our MSP partners demand and to minimise IT risks for their customers through a pre-emptive, proactive approach.”    Prior to joining Datto, Weeks served as Vice President and Associate Director at FactSet Research Systems, a provider of financial data and analytic applications for investment management and investment banking professionals. Weeks served in a blended management and technical capacity in the security infrastructure and assurance department. He successfully managed the company’s information security program, designed to protect data provided by the world’s largest financial institutions. Weeks also served as a security consultant at Ajilon Consulting. A graduate of Northeastern University, Weeks earned a Master’s degree in information assurance.  About Datto Datto protects business data and provides secure connectivity for tens of thousands of the world's fastest growing companies. Datto's Total Data Protection solutions deliver uninterrupted access to business data on site, in transit and in the cloud. Thousands of IT service providers globally rely on Datto's combination of pioneering technology and dedicated services to ensure businesses are always on, no matter what. Datto is headquartered in Norwalk, Connecticut and has offices in Rochester, Boston, Portland, Toronto, London, Singapore and Sydney.  Media Contacts Amanda Conroy/Amy Rathbone Espresso Communicationsdatto@espressocomms.com.au +61 2 8016 2200   1 State of Small Business in America 2016 MEDIA RELEASE: Moneytree Completes a JPY 1 Billion Funding Series B Funding Round 2017-03-21T20:30:00Z media-release-moneytree-completes-a-jpy-1-billion-funding-series-b-funding-round-2 MEDIA RELEASE 22 March 2017 Moneytree Completes a JPY 1 Billion Funding Series B Funding Round: SBI Investment and major regional banks join mega bank-affiliated venture  capital firms and a leading UK asset management company as investors Moneytree KK (Shibuya, Tokyo) has completed a Series B funding round that will drive its further expansion in the rapidly developing global fintech industry, including entering the Australian market within the coming months. The development paves the way for unprecedented connectivity across the financial services sector with Moneytree providing tools and services that enable individuals and businesses to aggregate and control all their financial data in a single place.  Moneytree will use the funding to add functionality to its popular personal finance management app, as well as to invest in deepening the capabilities of its Moneytree LINK platform (https://link.moneytree.jp) that connects financial institutions and customers through a permission-based data-sharing platform.  Moneytree CEO Paul Chapman said: “We are accelerating Moneytree’s growth to deliver seamless access to Japan’s financial services. In coming months, we will expand beyond the Japanese market and become a regional player, working for positive change, and cementing a position as the most trusted financial data portability platform.” Funds were raised from SBI Investment Co., Ltd., Fukuoka Technology Partners Co., Ltd., Hiroshima Venture Capital Co., Ltd., Senshu Ikeda Capital Company Ltd., and noted British asset management company Baillie Gifford & Co., as well as reinvestment from Series A round investors Mizuho Capital Co., Ltd., SMBC Venture Capital Co., Ltd., and salesforce.com, inc. The total amount raised exceeds JPY 1 billion. SBI Investment Co., Ltd. led the round.  The participation of British asset management company Baillie Gifford & Co. signals a significant step forward in Moneytree’s plans for overseas expansion.  Moneytree LINK has secured over twenty customer and partner companies since 2015. Japanese ‘mega banks’ Mizuho Bank Ltd and Sumitomo Mitsui Banking Corporation have adopted Moneytree LINK, with leading regional bank Senshu Ikeda also on the platform.  Moneytree LINK powers solutions from ten accounting software providers, making it the number one platform in the Japanese accounting industry. Moneytree will increase headcount across the organisation, including Development, Platform, Sales, Marketing and back office.  Mr. Chapman added: “As the fintech market expands rapidly, Moneytree remains focused on our core values of security, privacy, and transparency. As a platform, we will continue to maintain neutrality with regards to partner type, vertical, and even size.” -ends- About Moneytree Moneytree KK was founded in 2012 in Japan with the mission of bringing consumers, small businesses, and banks closer together. The Moneytree mobile app, introduced in 2013, allows users to automatically manage their bank accounts, credit cards, electronic money, mileage, points, and securities all together in one place on mobile and desktop. The app was awarded Apple’s App Store “Best of” in 2013 and 2014.  In 2015, Moneytree launched Moneytree LINK, a service that connects financial institutions and customers through a permission-based data sharing platform. It is aimed at creating value in the fields of accounting, finance, real estate rent management, automobile maintenance, expense settlements, invoice issuance, and asset management.  That same year, Moneytree received an unprecedented round of simultaneous investment by the venture capital arms of all three Japanese mega banks. Moneytree was also chosen by IBM as its first official Fintech API partner, and selected for MasterCard’s Start Path accelerator program.  Please address media inquiries to: AUSTRALIA Eric Robledo Honner TEL: +61 02 8248 3739 E-mail: eric@honner.com.au     JAPAN Kaori Kitakata Moneytree KK Communications Officer TEL: +81 03-4588-0621  E-mail: press@moneytree.jp URL: https://moneytree.jp MEDIA RELEASE 22 March 2017 Moneytree Completes a JPY 1 Billion Funding Series B Funding Round: SBI Investment and major regional banks join mega bank-affiliated venture  capital firms and a leading UK asset management company as investors Moneytree KK (Shibuya, Tokyo) has completed a Series B funding round that will drive its further expansion in the rapidly developing global fintech industry, including entering the Australian market within the coming months. The development paves the way for unprecedented connectivity across the financial services sector with Moneytree providing tools and services that enable individuals and businesses to aggregate and control all their financial data in a single place.  Moneytree will use the funding to add functionality to its popular personal finance management app, as well as to invest in deepening the capabilities of its Moneytree LINK platform (https://link.moneytree.jp) that connects financial institutions and customers through a permission-based data-sharing platform.  Moneytree CEO Paul Chapman said: “We are accelerating Moneytree’s growth to deliver seamless access to Japan’s financial services. In coming months, we will expand beyond the Japanese market and become a regional player, working for positive change, and cementing a position as the most trusted financial data portability platform.” Funds were raised from SBI Investment Co., Ltd., Fukuoka Technology Partners Co., Ltd., Hiroshima Venture Capital Co., Ltd., Senshu Ikeda Capital Company Ltd., and noted British asset management company Baillie Gifford & Co., as well as reinvestment from Series A round investors Mizuho Capital Co., Ltd., SMBC Venture Capital Co., Ltd., and salesforce.com, inc. The total amount raised exceeds JPY 1 billion. SBI Investment Co., Ltd. led the round.  The participation of British asset management company Baillie Gifford & Co. signals a significant step forward in Moneytree’s plans for overseas expansion.  Moneytree LINK has secured over twenty customer and partner companies since 2015. Japanese ‘mega banks’ Mizuho Bank Ltd and Sumitomo Mitsui Banking Corporation have adopted Moneytree LINK, with leading regional bank Senshu Ikeda also on the platform.  Moneytree LINK powers solutions from ten accounting software providers, making it the number one platform in the Japanese accounting industry. Moneytree will increase headcount across the organisation, including Development, Platform, Sales, Marketing and back office.  Mr. Chapman added: “As the fintech market expands rapidly, Moneytree remains focused on our core values of security, privacy, and transparency. As a platform, we will continue to maintain neutrality with regards to partner type, vertical, and even size.” -ends- About Moneytree Moneytree KK was founded in 2012 in Japan with the mission of bringing consumers, small businesses, and banks closer together. The Moneytree mobile app, introduced in 2013, allows users to automatically manage their bank accounts, credit cards, electronic money, mileage, points, and securities all together in one place on mobile and desktop. The app was awarded Apple’s App Store “Best of” in 2013 and 2014.  In 2015, Moneytree launched Moneytree LINK, a service that connects financial institutions and customers through a permission-based data sharing platform. It is aimed at creating value in the fields of accounting, finance, real estate rent management, automobile maintenance, expense settlements, invoice issuance, and asset management.  That same year, Moneytree received an unprecedented round of simultaneous investment by the venture capital arms of all three Japanese mega banks. Moneytree was also chosen by IBM as its first official Fintech API partner, and selected for MasterCard’s Start Path accelerator program.  Please address media inquiries to: AUSTRALIA Eric Robledo Honner TEL: +61 02 8248 3739 E-mail: eric@honner.com.au     JAPAN Kaori Kitakata Moneytree KK Communications Officer TEL: +81 03-4588-0621  E-mail: press@moneytree.jp URL: https://moneytree.jp   Sydney surfer startup founder is behind the world-hit contactless payment sunglasses 2017-03-16T10:34:39Z sydney-surfer-startup-founder-is-behind-the-world-hit-contactless-payment-sunglasses An Australian startup has been revealed as the key technology partner of new contactless payment sunglasses which have led to a world sensation after being unveiled at the iconic South by Southwest (SXSW) Festival. Global payments giant Visa unveiled the WaveShades sunglasses to an international audience at the festival in Austin, Texas. The unveiling has attracted television and online media attention across the globe. The fascinating and little-known back story however is that FinTech Australia member Inamo came up with the sunglasses payment concept and provided the near field communication (NFC) chip which is powering the WaveShades. Inamo founder Peter Colbert, a former agent for international surfing stars and still a keen surfer, thought of the contactless payment sunglasses after surfing with friends at Manly beach last year, near his home on Sydney’s northern beaches. “It was my turn to pay for a round of coffees with friends and I realised I didn’t have any wallet or cash to pay,” Mr Colbert said. “I had a light bulb moment and thought ‘wouldn't it be great if I could go surfing, even go for a run or bike ride and not have to carry my wallet or mobile phone’.” “Given that Australia is world-renowned for its beaches and surfing culture, it only makes sense that we are the leaders when it comes to inventing wearable, waterproof technology that does away with cash, cards and wallets.” Mr Colbert then developed the Inamo Curl, a waterproof payment wearable that can be attached to watch and fitness bands and is compatible with any Visa PayWave terminals. The chip used in the Inamo Curl is the same chip embedded in the arm of the WaveShades sunglasses unveiled at SXSW. "I'm really proud as an Aussie startup that Visa chose our payment platform to promote their WaveShades sunglasses at such a prestigious event like SXSW,” Mr Colbert said. “I wish I could have been there but we are collaborating with Visa to promote the WaveShades at the WSL Quiksilver Pro on the Gold Coast this weekend. “Using Inamo's technology in sunglasses is a logical extension of our mission to move people's wallets to a variety of wearables that suit their lifestyle.” FinTech Australia CEO Danielle Szetho welcomed Inamo being profiled on the global stage and said it reinforced Australia’s credentials as a world leader in contactless payments. “Inamo’s rapid growth comes on the back of the fact that Australia has the strongest market penetration of contactless payments in the world,” she said. “Australians are world-renowned early adopters of new technology and that helps make the Australian market such an exciting test and development location for new fintech products.” Earlier this year, hundreds of people attending music festivals across five Australian cities trialled the WaveShades sunglasses, as part of another collaboration with Visa. Visa’s media statement on this is available here. Inamo was a founding resident of the Stone & Chalk fintech startup incubator based in Sydney, Australia. Stone & Chalk is Australia’s only dedicated fintech incubator. Watch a Stone & Chalk video about Peter Colbert talking about how he started Inamo here. About FinTech Australia FinTech Australia is a national association for the Australian FinTech Startup community. Our vision is to make Australia the leading market for FinTech Innovation and Investment by working with both sides of Government, Industry and the Australian FinTech community to create a supportive environment and partner ecosystem in Australia and abroad. Media Contact Peter Colbert Founder & CEO INAMO Level 2, 50 Bridge Street, Sydney NSW 2000 Suite 203, 360 Forest Avenue, Palo Alto CA 94301 (0418) 481 133 Email: peter@inamo.com Danielle Szetho Chief Executive Officer FinTech Australia Ph. 0414075423 Email: danielle@fintechaustralia.org.au Mark Skelsey Head of PR and Communications FinTech Australia Ph. 0403197523 Email: mark@fintechaustralia.org.au Datto launches new Global Partner Program to accelerate growth for managed service providers 2017-03-09T23:30:00Z datto-launches-new-global-partner-program-to-accelerate-growth-for-managed-service-providers Sydney, Australia – March 10, 2017 – Datto, a leading provider of total data protection solutions for businesses around the world, today announced the launch of its new Global Partner Program. As a channel only organisation, the MSP community is always the top priority for Datto. With more than 6,000 partners across the globe, Datto listened and acted on essential feedback from the MSP ecosystem to create the new program. The Datto Global Partner Program was developed to accelerate partners’ business growth with actionable enablement programs focused on sales and marketing.  Datto’s overarching goal of the program is to further invest in the MSP community with more training, education and resources to empower partners with the tools they need to be successful.     Building on the prior award-winning Datto partner program, the new program includes business planning, commercial and technical education sessions, enhanced training and onboarding best practices, as well as access to Datto’s business continuity, disaster recovery and managed networking solutions. The program structure benchmarks partners by monthly recurring revenue in four new tiers: Business, Professional, Enterprise, and Blue.   Some of the program highlights include: MarketNow: A marketing automation platform designed for non-marketers, with pre-built promotional campaigns, co-branded and customisable collateral, and streamlined social media content to communicate with clients and prospects at the right time with the right message to grow their business. Benchmark Analysis: Partners will have the opportunity to evaluate their businesses against new research and benchmarks from top Datto Partner performers, identifying opportunities for growth and training with their Datto Account Managers. Not for Resale (NFR) Program: Datto’s NFR Program supports and empowers partners to perform live demonstrations for customers with discounted device programs for internal use or demos. Partners are now able to receive one NFR device per product family to experience it all. Advanced Sales Tactics Training: This new course focuses on the benefits and opportunities of going up market and unique sales strategies for mid-market organisations. “Our partnership with Datto is about more than technology solutions. From day one, Datto has enabled Ash Creek to grow our business,” said Joseph Cichowski, Vice President of Marketing for Ash Creek, a Datto partner. “Now, with access to the MarketNow platform, we'll have a marketing automation tool right at our fingertips to empower us to do even more. Ash Creek was consulted in the vendor evaluation process for this exciting new marketing platform, and we appreciate that Datto invests so heavily in its partners' success.”   “This new program allows us to engage with our partners on a much deeper level, empower them with the tangible tools and resources they need to be successful, and motivate them with fresh, new benefits,” said Sue MacGregor, Director of Partner Marketing for Datto. “Our partners have grown at a tremendous pace and it’s a necessity that our enablement programs evolve in lockstep to further support their business growth and success.”   The Datto Global Partner Program encompasses four partner levels: Business, Professional, Enterprise and Blue. To learn more about Datto’s Partner Program and new upgrades, register for the webinar happening today, March 10, 2017.  About Datto: Datto protects business data and provides secure connectivity for tens of thousands of the world's fastest growing companies. Datto's Total Data Protection solutions deliver uninterrupted access to business data on site, in transit and in the cloud. Thousands of IT service providers globally rely on Datto's combination of pioneering technology and dedicated services to ensure businesses are always on, no matter what. Datto is headquartered in Norwalk, Connecticut and has offices in Rochester, Boston, Portland, Toronto, London, Singapore and Sydney. Learn more at www.datto.com.  Media contacts Amanda Conroy/Amy Rathbone Espresso Communicationsdatto@espressocomms.com.au +61 2 8016 2200 Partners In Planning chooses FinPal’s new Financial Planning Fintech Solution 2017-03-06T11:11:38Z partners-in-planning-chooses-finpal-s-new-financial-planning-fintech-solution Partners In Planning, a self-licensed financial advice business, has selected FinPal’s cutting edge financial planning software solution to help power business growth. According to Partners In Planning founder and principal adviser, Paul Pellegrino, FinPal’s comprehensive features, ease of use and tight integration with Microsoft Office 365 aligned perfectly with his business objectives. “In order to build a business that exceeds our clients’ expectations, while also remaining profitable, we knew we needed a software system that would make it easy to manage all aspects of our business. After reviewing numerous options, we settled on FinPal’s solution because it was built by advisers who understand the needs of a modern financial planning business. FinPal’s CRM is easy to use and tightly integrated with other Microsoft software. Their modern client portal & rich business intelligence reports will be instrumental in helping us achieve our goals” FinPal’s founder and CEO, Stephen Handley, said Partners In Planning is an ideal partner in this early stage of the company’s growth. “We’ve been using FinPal in our own financial planning business for the past 3 years, so it’s easy for us to articulate the benefits. By working with an innovative business like Partners In Planning, we know we’ll receive valuable feedback, which will allow us to improve the software even more” Over the next 6 months, FinPal is planning a limited release of its software to a small number of firms, followed by a full release to the broader market in late 2017. “I fit squarely into the ‘under promise and over deliver’ camp. By taking a hands on approach during the transition to FinPal, we’ll ensure our customers receive maximum value as quickly as possible. Once we’ve tested our migration process, and can ensure a quick and smooth transition, we’ll be in a position to deliver the same positive experience more broadly.” “A phased rollout allows us to reward early adopters with reduced licensing fees and an opportunity to participate in any capital raising we undertake.” Further information about FinPal’s financial planning software is available on their website www.finpal.com.au Release Info For further information or to arrange an interview with Stephen Handley, please contact: E: stephen@finpal.com.au P: 0458 224 427 About FinPal FinPal is a fully integrated, cloud based, financial planning software that is enabling modern financial planning businesses to realise a new potential. Its revolutionary business intelligence and management systems enhance team performance, increase client engagement and reduce business risk, resulting in a more profitable business. At the heart FinPal’s system is a customised version of Microsoft’s, enterprise grade, Dynamics CRM, ensuring reliability and scalability. Integration with Outlook, Sharepoint and other Microsoft software is seamless. Extending Dynamics already rich feature set, FinPal has added all the essential financial planning features to deliver a solution that is instantly useful out of the box and easily customised for unique business needs. FinPal’s value proposition is simple. Through a truly integrated financial planning software solution, they will help financial planning businesses become more profitable and deliver better outcomes for their clients. About Stephen Handley Stephen Handley is the CEO and founder of FinPal (www.finpal.com.au) and Managing Director and Financial Adviser at miPlan Advisory (www.miplan.com.au). His diverse experience includes roles as an adviser, financial software consultant and general manager. Prior to joining the financial services industry, Stephen spent 12 years in the United States, working in various software/technology roles at both smaller start-up companies and corporate giants Texas Instruments and Microsoft. Disappointed by the lack of real value in existing financial planning software offerings, Stephen decided to combine his expertise in software and financial services to develop a software solution that would help him manage his own financial advice business more efficiently. FinPal is a result of these efforts, and Stephen is extremely excited to now make FinPal available to other businesses. About Partners In Planning Partners In Planning (www.partnersinplanning.com.au), an independently owned Financial planning business, was founded to meet the growing need of client focused advice. They pride themselves on a ‘Client First’ philosophy. About Paul Pellegrino Paul Pellegrino is the founding partner of Partners in Planning. He has more than 12 years’ experience in financial services. His qualifications include: ·        Certified Financial Planner(CFP)® ·        Graduate Diploma in Financial Services FINSIA. ·        Dual Bachelor degrees in Business (Finance) & Arts ·        Senior Associate of Financial Services Institute of Australasia Paul also sits on the Financial Planning Association’s Education Committee for CFP 1 Ethics in Financial Planning. Credit Union SA increases support of education community with new credit card 2017-03-06T01:47:51Z credit-union-sa-increases-support-of-education-community-with-new-credit-card Credit Union SA has increased its commitment to South Australia’s education community by introducing a new credit card designed specifically for teachers and employees of the education sector, and offering one of the lowest interest rates in the nation and no annual fee. Credit Union SA CEO, Mr Grant Strawbridge, said the new Education Community Credit Card, recently launched at an event in the State Library, had been developed in consultation with educators to deliver on their specific financial needs. “Credit Union SA has worked alongside and supported the education community for more than 50 years, so we are particularly pleased to build on that long-standing involvement by announcing the Credit Union SA Education Community Credit Card. This is our way of recognising and rewarding the efforts of teachers and education staff in nurturing generations of students,” Mr Strawbridge said. “To ensure an easy transition from any other financial institution, a 0%pa interest rate applies for a 6-month period that not only covers the entire balance transfer, but also extends to any purchases made during that time, before reverting to one of the lowest interest rates currently available on the market,” he said. “Our staff at Credit Union SA are very active in speaking with teachers and support staff in schools and staff rooms, and that feedback has directly influenced this exclusive card. The new Education Community Credit Card includes the following benefits: $0 annual fee; Low 9.99% pa interest rate; 0% introductory rate for the first 6 months; and No ATM withdrawal fees, including overseas ATM withdrawals; For teacher Angas Wallace, the introduction of the new Education Community Credit Card couldn’t have come at a better time. After graduating mid-2016, the 27 year old had several temporary teaching placements before recently taking on a permanent role as a Science Teacher for Year 8, 9 and 10 students at St John’s Grammar. “The teacher-specific benefits of the Education Community Credit Card all make a difference, and add up to some great benefits and savings over time which will help me to save for my first home. I had been with my previous bank for a long time, and in hindsight I had become a bit complacent with my finances – but the transfer process was very easy and my money is working much better for me.” The Education Community Credit Card is the latest in a number of initiatives by Credit Union SA to support the state’s education sector. The highly-successful School Community Rewards program has more than 18 schools now actively participating, as a way to bolster their fundraising efforts. Mr Strawbridge said the School Community Rewards program provided opportunity for a Credit Union SA member who has a savings account, home loan or any other product to nominate a participating school to receive financial contributions from Credit Union SA. “By members of the school community – parents, grandparents, teachers and staff – doing nothing more than putting their banking needs into the safe hands of Credit Union SA, a participating school can generate extra funds to buy computers for classrooms, playground or sports equipment, library resources or realise some other worthwhile project,” Mr Strawbridge said. “This program is good for the school and good for families, and as a member-owned organisation we are proud to give back profits to worthwhile community endeavours rather than having to focus on making profits and paying dividends to shareholders like the big banks,” he said. The Education Community Credit Card is the latest innovative product to be developed by Credit Union SA, which has previously been recognised as one of the nation’s top credit unions by consumers in the prestigious Mozo Awards in 2013 and 2015. In 2015 Credit Union SA scored gold in the ‘Best Low Rate Credit Card’ category in the Mozo Expert Choice Awards and in 2016 for the second year in a row, was named one of the country’s best value personal loans, taking out the top award in both the Car Loan and Secured Personal Loan categories. About Credit Union SA Credit Union SA is South Australia’s third largest credit union, with over $960 million in assets, around 49,000 members and proudly employs over 140 South Australians. Credit Union SA Ltd ABN 36 087 651 232 AFSL/Australian Credit Licence 241066, Credit Union SA Centre, Level 3, 400 King William Street, Adelaide SA 5000. GPO Box 699 Adelaide SA 5001. Go to https://www.creditunionsa.com.au/ to find out more. Providence Gains Global Insight from London 2017-02-16T02:19:19Z providence-gains-global-insight-from-london Sydney, 16 February, 2017 Australian independent investment advisory firm Providence has appointed Will Porter to the newly created role of Global Research Manager based in London, in order to broaden research insight.  Having access to global fund managers in London, Will Porter will be delivering insights on global themes in asset allocation and investment markets to Providence’s Australian-based investment committee and executive team, for the benefit of Providence’s clients. Will Porter has over ten years’ experience in the investment market, most recently as Providence’s Sydney-based Australian Equities Manager. He has had responsibility for equity research and asset classes, maintaining model equity portfolios and monitoring investment performance. Grant Patterson, Managing Director of Providence explained the importance of this new London-based role. “These are uniquely uncertain economic times. We recognise that changes occurring at a global level may significantly affect the investment decisions we make locally. Having our dedicated resource in London, a world financial capital, will continue to enhance our global perspective and maintain our alignment with global investment themes” he said. “At Providence we pride ourselves on providing expert and truly independent investment management and advice to our clients. We believe that Will’s presence in London will enhance our ability to safely navigate these uncertain times on behalf of our clients, in a global context.” Currently in its 16th year of operation, and with a 185% growth of Funds Under Management (FUM) over the past 5 years, Providence has $1bn of funds under management on behalf of Australian individuals, families and not-for-profit organisations from its Sydney and Melbourne offices. About Providence: Providence was established in 2000 as an independent advisory firm providing independent, expert advice and investment strategies to high net worth individuals, families and not-for-profit organisations. For more information, please visit www.providencewealth.com.au Convenience of Secured Signing gives Yes Finance the Competitive Edge 2017-02-13T20:27:13Z convenience-of-secured-signing-gives-yes-finance-the-competitive-edge Feb 14, 2017 - At 20 years young, Yes Finance continue to innovate, embedding Secured Signing's online digital signature capabilities into their loan management system to enable their customers to sign loan documents with a few clicks on their smartphone from the work site or the store. The solution is quicker and easier for staff and removes the execution errors inherent in asking customers to sign paper.   "Secured Signing is a huge step up in our ability to effectively and efficiently transact business wherever the customer happens to be." observes Peter Steel, Managing Director of Yes Finance. "With people leading such busy lives and the variability of working hours in the modern world, online signing allows a husband and wife to quickly and easily execute the loan document at different locations without needing to find time to come into our office."   In a market with a much broader base of competitors, convenience is a key differentiator. Asking a small business operator to come into an office to sign loan documents is worth thousands of dollars in lost productivity and is not convenient. Asking your customer to print documents sent by email, sign and post the signed documents back, is not convenient. With Secured Signing, an earthmoving owner operator can sign loan documents for new equipment on their phone with a few clicks without leaving site. An owner driver can finalise the finance for a new truck at a rest stop on the drive home from picking up the new vehicle. A couple can be looking at a new couch in store and have the finance to pay for it before leaving the store.   If you are working with the right solution for signing online, it will deliver convenience and reduced risk. "Every person who signs with Secured Signing uses a personal, PKI based digital signature", says Mike Eyal, Managing Director of Secured Signing. "Public Key Infrastructure (PKI) technology has been proven to be the only technology available today that ensures non-forgeable signatures. In addition, we can include online identity verification into the signing process to marry convenience and speed of transaction with an improved confidence you know your customer."   The Yes Finance solution makes extensive use of the Secured Signing API, embedding e-signature capabilities into the loan management system their staff are already familiar with. "What we aimed to achieve with Secured Signing is quite sophisticated and our demands of the API were high reflecting the diverse nature of our business. Working with Mike and his team is a great marriage and they delivered what we needed.  It's an ongoing process with some exciting new capabilities we are looking forward to in coming months." said Mr Steel   About Yes Finance Yes Finance have been in business for coming up to 20 years, making them one of the oldest privately owned finance companies in New Zealand.  They are an alternative to the rigid approach of the banks, providing customer focussed solutions for commercial and personal finance. They are based in Auckland and operate nationally. To learn more about Yes Finance, visit www.yesfinance.co.nz   About Secured Signing Secured Signing provides a comprehensive and secure SaaS digital signature service that delivers a full range of form completion and eSigning capabilities combining advanced personalised X509 PKI Digital Signature technology with easy-to-use, simple-to-deploy, compliant solutions. Secured Signing enables its users to utilise smartphones, PCs, any tablet device and any browser, to capture their graphical signature, fill-in, sign, seal and verify documents anywhere, anytime. The solution streamlines business processes, cuts back on expenses, expedites delivery cycles, improves staff efficiency and enhances customer service in a green environment. To learn more about Secured Signing, visit www.securedsigning.com Inamo the payments platform behind Visa WaveShades – the latest innovation in wearable ways to pay 2017-02-01T01:18:53Z inamo-the-payments-platform-behind-visa-waveshades-the-latest-innovation-in-wearable-ways-to-pay SYDNEY, 28 January 2017 – Australian start-up Inamo (www.inamo.com) is the payments platform behind Visa’s WaveShades, the prototype wearable sunglasses being trialled at St Jerome’s Laneway Festival music events in five Australian cities between 26 January and 5 February. The sunnies, which are designed by Local Supply, can make contactless payments thanks to a secure payment chip, supplied by Inamo, in the arm of the accessory. The WaveShades utilise the same payments platform previously developed for the Inamo CURL, which was launched in December 2016. The CURL is a multi-functional, waterproof wearable that can be attached discretely and securely to most watch bands and fitness bands so the wearer can initially enjoy the freedom and convenience of tap-and-go payments. Commenting on Inamo’s role in the creation of the WaveShades, Inamo’s founder and chief executive officer, Peter Colbert, said, “As an Australian start-up, we are honoured to be invited to provide the payment platform for Visa WaveShades. Using Inamo’s technology in sunglasses is a logical extension of our mission to move people’s wallets to a wearable. “Visa’s WaveShades are a great endorsement of the payments technology platform Inamo has created, which unshackles people from their phones or wallets. We’re also extremely grateful for the support we receive from our partners, OT and Heritage Bank, which make the platform possible.” Oberthur Technologies is a leading global provider of embedded security software products, services and solutions, and ensures the security and integrity of the data exchanged when making payments. Heritage Bank acts as the Authorised Deposit-taking Institution (ADI), holding all monies loaded onto the WaveShades and oversees settlement as they are used and then reloaded. Additionally, Inamo holds an Australian banking licence. Frederique Covington, Senior Vice President of Marketing for Asia Pacific at Visa commented on the purpose behind the pilot: “The financial services environment is evolving at an unprecedented pace, which is exemplified by consumers’ changing relationship with payments. The Visa WaveShades pilot is all about showing Australians that innovation in how we pay can make their lives simpler and everyday experiences seamless and rewarding.” About Inamo Inamo was established in 2016 and is one of the founding members of Sydney fintech hub, Stone and Chalk. Inamo stands for ‘In a Moment’ and its mission is to move your wallet to a wearable. Its first product is a multi-functional wearable called the CURL, which will initially give people on the go a way to pay without having to carry around or worry about the whereabouts and security of their wallet or phone. For more information: www.inamo.com. For more information, please contact: Joanna Stevens Kramer BLiNK COMMUNICATIONS joanna@blinkcomms.com.au Tel: 0408 466 410 Assets available: Video of a payment with WaveShades at the Laneway Festival Image of Kate Peck wearing WaveShades Images of Inamo ambassador Guy Leech using WaveShades to make a payment Datto acquires Open Mesh and launches Datto Networking, enabling Datto partners to deliver compelling new managed networking services 2017-01-31T23:30:00Z datto-acquires-open-mesh-and-launches-datto-networking-enabling-datto-partners-to-deliver-compelling-new-managed-networking-services Sydney, Australia – February 1, 2017 – Datto, a leading provider of total data protection solutions for businesses around the world, today announced the acquisition of Open Mesh, an innovator of cloud-based networking solutions. The acquisition furthers Datto’s vision to provide the most comprehensive set of data protection solutions to Managed Service Providers (MSPs) worldwide.   The Open Mesh ethernet switching and access point technologies will join the existing Datto Networking Appliance to create the Datto Networking line of products, optimised for small-to-medium sized businesses and delivered exclusively through Datto’s global network of Managed Service Provider partners. Open Mesh was represented in the transaction by Pacific Crest Securities, a division of KeyBanc Capital Markets Inc. Terms of the transaction were not disclosed.   With Datto’s launch of Datto Networking, a complete collection of high-performance, fully integrated networking solutions, MSPs can offer customers total peace of mind that their data is both protected and available at all times. Complete networks can now be deployed in a matter of minutes, delivering secure and highly reliable network services at scale. Fully managed in the cloud, Datto Networking features total network continuity, scalability and redundancy, with always-connected Wi-Fi and fully integrated 4G LTE failover and comprehensive unified threat management services.   “Open Mesh’s team, solutions and commitment to the channel make it a perfect fit for Datto as we continue to expand our offerings to cover the spectrum of data availability and connectivity which starts with a company’s network,” said Austin McChord, CEO and founder of Datto. “Companies simply can’t afford downtime. Our acquisition of Open Mesh and our expanded Datto Networking line gives our MSP partners even more opportunity to provide value to their customers.”   Open Mesh is a global company that provides professional, cost-effective wireless networking solutions to IT service providers and integrators, managing more than 90,000 networks and serving millions of wireless users monthly. The company offers a full range of access points and ethernet switches coupled with the market leading CloudTrax cloud management platform. The entire Open Mesh team will join Datto as a subsidiary company and will maintain its Portland, Oregon headquarters and worldwide distribution networks.   “The most critical aspects of work are moving to online applications and mobile devices, which means any lapse in connectivity can result in instant negative impact on the business,” said Michael Burmeister-Brown, founder of Open Mesh. “We started our company to build networking solutions that are incredibly easy to install, easy to manage across multiple sites, and robust enough to keep the network up no matter what happens. We found a partner with a common vision in Datto, and we embrace the opportunity to bring networking solutions to our shared customer base around the world.”  About Datto Networking Datto Networking enables MSPs to efficiently deploy a suite of comprehensive managed networking services for their customers. Fully managed in the cloud, Datto Networking simplifies network deployments with smarter devices, always connected networking and fully integrated failover enabling MSPs to cost-effectively support their customers at a competitive recurring revenue price point.   Key offerings of Datto Networking include:  Datto Networking Appliance – A fully integrated network appliance that includes a network edge router, firewall, Wi-Fi, intrusion detection and prevention, and fully integrated 4G LTE failover. Complete with six I/O ports, the Datto Networking Appliance delivers everything needed to deploy and manage a high-performance wired or wireless network. Datto Networking Switches – Network switches, created by Open Mesh, include robust Layer 2 management features. Datto switches seamlessly connect devices and users on the network, simplifying network deployments and ongoing management with plug-and-play integration with Datto access points. Available in 8, 24 or 48 port options, Datto switches are PoE+ enabled and accommodate virtually any sized network configuration for the SMB customer. Datto Networking Wi-Fi – Mesh enabled Wi-Fi access points, created by Open Mesh, deliver powerful 802.11ac wireless networks with seamless roaming for always connected Wi-Fi. Datto’s smart access points work together to form a self-organising, self-healing, encrypted mesh network to give MSPs more options for deploying and managing wireless networks. For a look at the new Datto Networking lines, visit www.datto.com/networking.   According to David Pence, CEO of Acumen IT and a Datto partner: “Datto has shown keen insight into a current gap in the MSP market by providing managed networking services. Having total data protection solutions combined with networking solutions under a single pane of glass for management is not only brilliant but it will save MSPs time and lower their total cost of ownership.”   The Datto Networking suite is currently available in the US. Datto Networking Switches and Datto Networking Wi-Fi are available in Canada and APAC with the Datto Networking Appliance available later in 2017. The entire Datto Networking Suite will be available in EMEA toward the end of 2017.  About Open Mesh Open Mesh is on a mission to make networks smarter and simpler. Open Mesh makes it easy for professionals to build enterprise-grade wireless networks across large areas or multiple locations and manage them all behind a single pane of glass. You’ll find Open Mesh in hotels and resorts, retail and restaurants, small and medium-sized businesses, multi-family complexes, large homes and pretty much anywhere else. A leader in cloud-managed Wi-Fi networks and SD-LAN, Open Mesh helps customers manage more than 90,000 networks serving millions of wireless users around the world daily.  About DattoDatto protects business data and provides secure connectivity for tens of thousands of the world's fastest growing companies. Datto's Total Data Protection solutions deliver uninterrupted access to business data on site, in transit and in the cloud. Thousands of IT service providers globally rely on Datto's combination of pioneering technology and dedicated services to ensure businesses are always on, no matter what. Datto is headquartered in Norwalk, Connecticut and has offices in Rochester, Boston, Toronto, London, Singapore and Sydney. Learn more at www.datto.com.  Media contacts Amanda Conroy/Amy Rathbone Espresso Communicationsdatto@espressocomms.com.au +61 2 8016 2200 Credit Concern: Australians taking out personal loans at Christmas more likely to default 2016-12-12T22:41:57Z credit-concern-australians-taking-out-personal-loans-at-christmas-more-likely-to-default 13 December 2016, Sydney, Australia: Credit reputation website, Credit Savvy has released findings that show Australians are 1.5 times more likely to default on personal loans taken out before Christmas than at any other time. The research, performed by credit reporting agency, Experian - on credit trends over the last two years, also notes that there is a 10% spike in Australians applying for personal loans in the December quarter. Credit cards are not exempt from this concerning trend, with a 10% increase in defaults for credit cards taken out at this time of year. Dirk Hofman, Managing Director of Credit Savvy encouraged Australians to consider the potential effects on their credit score as a default would remain on their credit file for five years, and any missed repayments leading up to the default can also be recorded for two years. “We can certainly appreciate the need for credit at this time of year, but we’re hoping Australians go about it in a way that minimises the impact to their credit reputation,” he said. “It’s important to work out how much you can afford to borrow and realistically pay back each month so that you don’t overextend yourself financially.” Mr Hofman suggested that a good course of action for consumers was to do their homework first using free online resources. “Make sure you’re getting a competitive interest rate – there are even personal loans available which reward higher credit scores with better interest rates. You can use a free resource like Credit Savvy to check your credit score and compare credit products side by side.” About Credit SavvyCredit Savvy.com.au is an online credit reputation service that provides Australians with free and ongoing access to their credit score and credit report summary, resources to understand credit reporting, and the ability to compare hundreds of credit products in one place. Datto expands presence in Australia and New Zealand 2016-12-07T23:30:00Z datto-expands-presence-in-australia-and-new-zealand Sydney, Australia — December 8, 2016 — Datto, a leading provider of total data protection solutions for businesses around the world, today announced the company’s continued growth, expansion and investment in Australia and New Zealand (ANZ).   In the ANZ region, Datto’s revenue has increased by 174 per cent compared to the same period last year, while the number of Datto backup devices in the region has grown 600 per cent since the start of the year. Additionally, Datto has signed on more than one hundred reseller partners, providing reliable backup, business continuity and disaster recovery to businesses across the region. The company has also made strategic new hires to support this growth, tripling its local headcount based in its regional Sydney office. James Bergl will spearhead the team as Regional Director and is tasked with driving Datto’s continued growth in the region.   The rapid growth comes off the back of several major product announcements from the company in 2016, including a fully integrated data protection platform, Datto SIRIS 3, designed to protect physical, virtual and desktop environments across Windows, Mac and Linux systems; the industry’s first all-flash business continuity device, the SIRIS 3 X1; and enterprise-class ransomware protection for small and midsized businesses (SMBs), which automatically detects and identifies ransomware attacks, notifying administrators to immediately rollback to healthy data.   “Datto’s strategic entry into the Australian and New Zealand market has exceeded our expectations,” said James Bergl, Regional Director, ANZ. “There is a real market need for simple and effective backup and business continuity solutions. Datto’s position as a channel-only business has really carried here, and has resulted in Datto signing on more than one hundred reseller partners in the past 12 months. The requirement to not only backup data but also to reduce downtime has never been more important, particularly with the exponential increase in intelligent ransomware strains that now have the ability to encrypt backups stored using traditional backup technologies.”  ANZ business exceeds expectations Over the course of 2016, Datto has experienced unprecedented growth in ANZ resulting from higher than expected demand for its local and cloud-based backup and recovery solutions. In ANZ, Datto’s revenue has increased 174 per cent compared to last year and the company is making additional investments in the APAC region in 2017 and beyond.   The growth of the Datto business globally continues to increase around the 40 per cent mark year-on-year, with over 5,000 managed service providers currently providing Datto’s technology to over 60,000 small to medium sized businesses worldwide.  Datto signs on strategic channel partners in the region Datto is continuing to build channel momentum, having signed on strategic reseller partners including 360 Consulting, Addictive Technology Solutions, Base 2, centreRED IT, Geek, Interlinked and PowerNET.   “Before Datto, we had no clear backup solution. We were managing a range of software solutions, using different hardware technologies while managing our own cloud storage. It was a big issue for the business and used up a significant amount of technician time,” Kent Forster, Chief Executive Officer, centreRED. “Datto is now the only backup and disaster recovery solution we are offering our clients – and the take up rate has been phenomenal.”  About Datto Datto protects essential business data for tens of thousands of the world’s fastest growing companies. Our Total Data Protection platform delivers uninterrupted access to data on site, in transit and in the cloud. Through Datto’s network of partners, we provide companies with products and services designed to continually keep business running. Businesses rely on Datto for industry leading technology combined with unrivalled customer service. Datto is headquartered in Norwalk, Connecticut, and has offices in Rochester, Boston, Toronto, London, Singapore, and Sydney. Learn more at http://www.datto.com/au/  Media Contacts Amanda Conroy/Amy Rathbone Espresso Communicationsdatto@espressocomms.com.au +61 2 8016 2200 Australian start-up Inamo launches with a mission to move people’s wallets to the CURL 2016-12-07T20:05:00Z australian-start-up-inamo-launches-with-a-mission-to-move-people-s-wallets-to-the-curl Tempus Partners and Investible co-led $1 million raise, includes investment from Bob Mansfield AO and leading angel investors; Ironman champion Guy Leech signs on as an investor and ambassador SYDNEY, AUSTRALIA – December 8, 2016 – Inamo Pty Ltd, one of the founding companies within Sydney fintech hub Stone & Chalk, today launched the CURL, a multi-functional wearable that will free people from their phones and wallets. The CURL is waterproof and can be attached discretely and securely to most watch bands, fitness bands, keyrings, or just about any other device or jewellery, and will enable the wearer to initially enjoy the freedom and convenience of tap-and-go payments wherever Visa payWave is accepted. Over the next 18 months, Inamo’s vision is to enable people to use their CURL for other functions including public transport, building access, ticketing for festivals, and gym memberships. The CURL is the only solution globally that enables a consumer to use it for wearable contactless payments, comes with the ability to create a personal identification number (PIN) for purchases over $100, and comes with a 16-digit primary account number (PAN) and three-digit security code that can be used for online purchases. Inamo’s founder and CEO Peter Colbert invented the CURL after he went surfing one day and realised he didn’t have any money with him to pay for a coffee with friends afterwards. Mr Colbert applied his engineering background and 15 years’ experience in the fintech payments industry to develop a solution that would give people on the go a way to pay, without having to carry around or worry about the whereabouts and security of their wallet or phone. “The CURL stands for three things: freedom, convenience and peace of mind,” says Mr Colbert. “Currently consumers are shackled to their phones, wallets or payment cards, and that doesn’t suit people who want to do activities such as run, swim, or cycle. “The CURL works just like your credit or debit card which means you can trust it to work. As an added benefit, using the CURL for payments is faster and more convenient than digital mobile payments." Mr Colbert says that using the CURL for contactless payments is just the beginning. “We are building a platform with true utility. The possibilities for how people can use the CURL are virtually unlimited and we see a great opportunity to lead the way in moving people’s wallets to a wearable,” he says. The CURL features a small rubber case with two flexible loops on either side. An NFC prepaid chip is securely inserted inside the case and the loops then fit snugly over a watch band, fitness band or another secure item such as a necklace or keyring. To pay, a consumer holds the CURL over a Visa payWave machine and the transaction happens immediately, just as it would with a standard credit or debit card. The CURL is pre-loaded with funds by its owner though an online account or via a mobile app and operates as a debit card. If the Curl is lost or stolen, the account can be immediately suspended or cancelled. The CURL will sell for $19.99, plus an account keeping fee of $5 per month. An initial, limited allotment of the product will be available in January; pre-orders can be made via Inamo’s website at www.inamo.com. Inamo attracts investment from leading venture capital and private investors To date, Inamo has raised $1 million through venture capital firms Tempus Partners and Investible, who are co-leading capital raising efforts, as well as private investors including Bob Mansfield AO, who will also serve as an advisor, and seven times Uncle Toby’s Ironman Champion Guy Leech, who has also signed on as the company’s ambassador. “Wearable payments is the next frontier and Inamo is well-positioned to become a market leader. I was attracted to the simplicity and usability of the CURL and Peter’s vision for it to function across many applications,” says Mr Mansfield. “The CURL has been so useful to me that it was only natural I should agree to be the company’s ambassador,” says Mr Leech. “I’m often training or running my paddling schools, which makes it difficult to carry my wallet. This is an ideal solution for active people who want to enjoy the outdoors and not worry about taking their wallet,” he added. “I am very impressed by the management and team’s experience and their ability to attract first class partners to capitalise on the opportunity in wearable technology. Inamo has invested heavily in the underlying technology platform, has a great product vision, and Peter’s relentless ability to get things done is very encouraging,” says Trevor Folsom, co-founder at Investible. Chief executive officer of Stone & Chalk, Alex Scandurra, says it’s gratifying to see one of the fintech hub’s founding start-ups launch. “We aim to attract the highest quality fintech start-ups in Australia and provide a collaborative environment in which they can be nurtured and grow. I’m very proud that Inamo, one of our founding start-ups, has developed the technology, created the business partnerships, built a vision, and raised capital while working within our hub. They are on the path to becoming a leader in the wearables space and are an inspiration to all our other member companies,” says Mr Scandurra. Industry Leading Partners Ensure Security and Integrity The CURL will feature Oberthur Technologies’ (OT) digital payment enablement technology, which will ensure the security and integrity of the data exchanged when making payments and enable the Curl to be used for a range of other applications in the future. “Our partnership with Inamo will help create a new frontier in wearable payments solutions,” said Mark Garvie, managing director of the APAC Financial Services Institutions business at OT. “Together, Inamo and OT will offer consumers a compelling and unique product and they can be confident that their financial data will be safe thanks to our embedded security.” In addition, Inamo has partnered with Australia’s largest customer-owned bank, Heritage Bank, which will act as the Authorised Deposit-taking Institution (ADI), holding all monies loaded onto the CURL and overseeing settlement as the CURL is used and then reloaded. Heritage provides a similar service for the Qantas Cash functionality on Qantas Frequent Flyer membership cards, as well as for Australia Post and Optus products. “The payments industry is rapidly changing and we are seeing more and more consumers who want alternatives to traditional methods of payment,” says Peter Lock, chief executive officer, Heritage Bank. “The Inamo CURL gives people the freedom they want and need with the security and peace of mind of knowing that their money will be safe and that the transaction will go through.” [ends] About Inamo Inamo was established in 2016 and is one of the founding members of Sydney fintech hub, Stone and Chalk. Inamo stands for ‘In a Moment’ and its mission is to move your wallet to a wearable. Its first product is a multi-functional wearable called the CURL, which will initially give people on the go a way to pay without having to carry around or worry about the whereabouts and security of their wallet or phone. For more information: www.inamo.com. About Oberthur Technologies OT is a world leader in embedded digital security that protects you when you connect, authenticate or pay. OT is strategically positioned in high growth markets and offers embedded security software solutions for “end-point” devices as well as associated remote management solutions to a huge portfolio of international clients, including banks and financial institutions, mobile operators, authorities and governments, as well as manufacturers of connected objects and equipment. OT employs over 6 500 employees worldwide, including almost 700 R&D people. With a global footprint of 4 regional secure manufacturing hubs and 39 secure service centers, OT’s international network serves clients in 169 countries. For more information: www.oberthur.com. About Heritage Bank Heritage Bank is Australia's largest customer-owned bank. With a history stretching back to 1875, Heritage has a network of 61 branches across southern Queensland and a national presence via the mortgage broker market in every state and territory in Australia. Heritage Bank offers the full range of financial products and services, including home loans, personal loans, savings and transaction accounts, term deposits, credit cards, insurance, financial planning and foreign exchange. For further information: www.heritage.com.au For more information or for hi-res photos, please contact: Joanna Stevens Kramer BLiNK COMMUNICATIONS joanna@blinkcomms.com.au Tel: 0408 466 410 All systems go at South Hill Armidale play space 2016-11-20T22:52:40Z all-systems-go-at-south-hill-armidale-play-space Regional Australia Bank, a proud supporter of the South Hill Armidale Play Space, is pleased to report that works have started on the highly anticipated project with completion now set for December 2016. The project, which is the brain-child of the Armidale District Netball Association, started six years ago, however it wasn’t until the project was posted on Regional Australia Bank’s ‘Heart of our Community’ website that it gained genuine traction. “We started this journey back in 2010, when we identified as part of our strategic plan, a need for a safe and secure play space for children, close to the netball courts,” said Rochelle Joyce, Armidale District Netball Association. “By 2013 a change in priorities saw us focus on the play space a little more and that’s when we decided to launch our plans and post it on the ‘Heart of our Community' website and then just like that, the project took off and we raised $125,000 in just under 12 months.” The idea behind the project was to make it easy for women to get back into or engage in sport and physical activity after having children so Rochelle says it’s great to see this vision finally taking shape. The Play Space will feature state of the art equipment including a 3.5 metre climbing cube, a fort, a birds nest swing, two spinners and an embankment slide. It will also offer children a sensory experience with textured plants, a nature area and a fully fenced pathway linking the netball courts to the play space. Kevin Dupé, CEO, Regional Australia Bank said: “The construction of the South Hill Armidale Play Space is wonderful news that will no doubt be welcomed by the entire community and we are pleased to see progress being made as a result of our contribution.” Mr Dupé added “It’s particularly rewarding for us as a Bank because one of the best things about our ‘Heart of our Community’ initiative is that there is no eligibility criteria for applying. You simply post your project, idea, or event and garner community support for it. The more votes, the higher the project ranks in that community, it’s as simple as that.” Regional Australia Bank is proud to have helped many wonderful community ideas come to life thanks to its ‘Heart of our Community’ initiative. Community members who are interested in the park’s progress should contact Armidale Regional Council or the Armidale District Netball Association. - Ends - Media enquiries: Sara Crowe, C7EVEN Communications, 02 6766 4513 / 0438 197 559 Editor’s Note: It is requested that Regional Australia Bank is not shortened to an acronym and always referred to in full as Regional Australia Bank.