News, views and reviews from AU’s tech sector No Images? Click here Dear , Open banking is finally gathering steam in this part of the world as initiatives get underway both here and across the ditch. It’s about time. The UK is well ahead of us (and the rest of the world for that matter) and if there’s anything to be learned from what they've done, it’s simply this: If you give control of customer banking data to customers, innovation follows. There’s plenty that can go wrong of course - most pressing are issues around trust and identity verification - but make no mistake, the government's willingness to move forward on an open banking regime is going to have huge ramifications for fintech and the financial industry as a whole. In other news:
And in this week’s deep dive, we take a look at Tuatara Brewery’s new tech rollout. The company had grown rapidly - both in terms of staff and in the variety of beers produced - and had outgrown their accounting solution. After a review of its options, Tuatara settled on MYOB Advanced, and the rest, as they say, is history. With better visibility they’ve reduced waste and reporting is now faster and smarter than ever before. And don't forget about our next webinar, Modern Project Management & PSA, featuring Owen McCall. Find out how to deliver better project outcomes and the keys to managing scope, time and resource challenges, and best of all, it’s free. Book for the May 30 event here. Happy reading! Jonathan Cotton Open banking comes to Australasia: Why it mattersFintechs are delighted - the big banks, not so much - as open banking arrives downunder... The Australian government has officially unveiled its plans for an open banking regime, due to go live by mid-next year. “Finally, customers will be able to use a regulated system to unlock the power of their own data.” FinancialForce and Agilyx deal brings more cloud ERP down underAgreement will add local partner to deliver financial management solutions in ANZ... The San Francisco-based ERP and professional services automation (PSA) company has announced a partnership with tech services organisation Agilyx Group to deliver cloud ERP solutions downunder. “The partnership is not a major surprise as Unit4 is part owner of FinancialForce along with Salesforce.” IT downtime – What are the risks & how to minimise costsWhether the result of natural disasters or outright malice, IT downtime is more than an inconvenience: when mission-critical applications go offline, it can mean disruption and disaster... Businesses are experiencing extraordinary growth in the volume of data they generate and collect. “59 percent of Fortune 500 giants lose close to a million dollars each week dues to downtime.” Robotics Plus signs global deal for automated apple packing techWhat seasonal worker shortage? New robotic tech may help ease agricultural labour woes... Robotics Plus has announced a new deal that will see its hi-tech apple packing system hit the international market... “We now have huge demand from both markets, with production underway to fulfil the orders.” MYOB provides greater efficiency to aid dramatic rise of unique breweryWhat started as a one-man’s passion project turned into an award-winning beer brand found all over New Zealand and overseas… Growing a sophisticated manufacturing operation featuring numerous product lines, Tuatara required a new business system, they made the move to MYOB Advanced. “Everything is just quicker to process. Because information is entered in real-time, we don’t need to touch things twice.” This week's sponsor: Upcoming events: > AusCERT Cyber Security Conference | May 29 - June 01 | Surfers Paradise iStart is proudly supported by these leading Australian software providers: Latest Buyer's Guides ERP Buyer's Guide | CRM Buyer's Guide | HR/HCM Buyer's Guide | BI & Analytics Buyer's Guide Privacy statement: We have sent this weekly eNewsletter to you at your e-mail address: [email address suppressed]. iStart will never share your e-mail address, but you may from time to time receive other event invitations or partner communications from us. You can opt out of these by managing your subscription preferences, where you can also update your e-mail address and other details. Find out more about iStart | Advertise with iStart | Subscribe
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