EMVision builds breakthrough portable brain scanner

In what has been described as a medical breakthrough, med-tech EMVision (ASX: EMV) has unveiled its prototype portable brain scanner. The brain scanner has been in development for close to a decade and will allow doctors to perform scans on stroke patients from virtually any location. The machine is the size of an ultrasound unit and ...

Alternative data the next frontier for lending tech

"All the technology, processes and procedures that we build are constantly evolving, and I think that's what's separating us from the giants in our space and the legacy lenders," says Jacaranda Finance founder Daniel Wessels.  For most people the word association with "subprime" would be "mortgage cri...

ACCC takes Google to court over misleading use of user location data

The Australian Competition and Consumer Commission ('ACCC') has launched proceedings in the Federal Court against Google, alleging the Silicon Valley giant misused users' location data. The watchdog claims that from at least January 2017, Google breached the Australian Consumer Law when it made on-screen representations on And...

Bravura to acquire wealth management software company for $25 million

Listed fintech Bravura (ASX: BVS) is poised to acquire Australian software company FinoComp for $25 million. Like Bravura, FinoComp is a software development company that builds solutions for the wealth management market. FinoComp currently has clients in the UK including Aegon and Nucleus, and provides them with software for data ana...

Atomos acquires UK-based video tech developers Timecode Systems

An Australian technology company developing video content creation products Atomos (ASX: AMS) has acquired UK-based Timecode Systems to further enhance its product range. Timecode Systems has developed a patented technology that enables multiple audio and video capture devices to wirelessly synchronise together. The tech fits neatly a...

E-learning business OpenLearning launches IPO

Sydney-based education software as a service (SaaS) company OpenLearning has launched its $6 million IPO, with plans to land on the Australian Securities Exchange (ASX) by the end of 2019. Led by founder and CEO Adam Brimo (pictured), OpenLearning is one of the world's largest online learning platforms that enables education providers...

Tinybeans blooms on the back of increased advertising revenue and user growth

Family-oriented social media platform Tinybeans (ASX: TNY) has exploded out of the gates during the first quarter of FY20, reporting a 91 per cent increase in revenue during the period. The strong revenue growth comes on the back of a healthy influx of new users, with 210,000 joining in the last three months, and a stronger rate of monthl...

Australian SMEs hit hardest in the world by Ransomware attacks

Small-to-medium-sized enterprises (SMEs) in Australia and New Zealand hold the highest rate of Ransomware attacks in the world according to new cybersecurity research. IT solutions provider Datto's latest global research shows that SMEs in Australia and New Zealand have the highest rate of reported Ransomware attacks. Ransomware i...

Five things to consider when reviewing your EOM reporting process

Improving financial performance management can be an ongoing challenge for businesses. Regardless of the size of your finance department, the chances are that end of month reporting (EOM) causes the occasional headache for staff. Brisbane-based Bistech, provides solutions to businesses looking to improve their current reporting proces...

Can weed-killing Aussie agtech startup Growave cut herbicides out of farming?

With farmers and consumers alike increasingly looking for chemical-free products and foods, a technology developed at the University of Melbourne has the potential to control weeds through an unusual method - microwave energy. Growave has just received a $900,000 seed investment to work towards commercialising the tech, invented by D...

From printers to fish tanks: how cybercriminals are finding backdoors to hack into our businesses

'Brute-force cyber attacks' powered by artificial intelligence are hacking into businesses at a rate of more than 200 million times a minute via the unlikeliest of office devices. In the wake of the Landmark White data breach case and a host of other similar hacks, it's becoming more obvious than ever that hackers are constant...

Acquisition to make Tesserent Australia's largest cybersecurity company

Listed cybersecurity firm Tesserent (ASX: TNT) is poised to acquire the security division of ICT consultants PS&C for $16 million. The acquisition will make Tesserent Australia's largest listed dedicated cybersecurity business, with more than $30 million revenue forecast for FY20. PS&C Security was created through the merg...

360 Capital's Digital Infrastructure Fund to list on the ASX

Following a successful $50 million pre-IPO raising and an oversubscribed $65 million Institutional Book Build 360 Capital (ASX: TGP) has announced its plans to list a key fund on the ASX. The 360 Capital Digital Infrastructure Fund, a fund that exposes investors to digital and technological infrastructure assets, will list on the ASX unde...

C-suite puts businesses at risk by ignoring cybersecurity protocol

No matter how often you change your passwords, update security protocols and software, and invest in protecting data, it can all come undone by personnel that don't comply with security policy. As it turns out, the biggest culprit when it comes to non-compliance of cybersecurity policy is those sitting in the c-suite. According to...

Fastbrick to tap into underserved Mexican market with construction giant partnership

Robotic construction company Fastbrick (ASX: FBR) has announced a new partnership with Mexican construction giant Grupo GP. The company is tapping into the Mexican market with a serious deficit of well-made, affordable homes. Fastbrick managing director and CEO Mike Pivac says his WaaS technology can be utilized well in Mexico. &q...

Gilmour Space Technologies "over the moon" about $150 million space investment

Gold Coast space giants Gilmour Space Technologies have welcomed the just announced $150 million investment by the Federal Government into the NASA program 'from the Moon to Mars'. The government hopes its investment will propel the currently $4 billion sector into the stratosphere. Speaking yesterday at Gilmour Space Technolo...

Superloop to nip debt in the bud with $90m capital raise

Cloud services connector Superloop (ASX: SLC) is offering up shares at an 18.8 per cent discount to raise $90 million so it can pay off debt. The institutional placement and entitlement offer at $0.82 a share are a far cry from the $1.95 per share QIC Private Capital was proposing for a buyout in May, which failed to produce an agree...

OFX partners with Link Market Services for cross-border transactions

Cross-border payments service provider OFX (ASX: OFX) has entered into an exclusive partnership with Link Market Services (ASX: LNK). The partnership will see OFX provide Link with an end-to-end digital cross-border payments solution that will improve Link's shareholding management platform. The service will initially be offered t...

Hyundai joins Car Next Door in the fast lane

An Australian car sharing platform has received a $6.2 million investment from South Korean car manufacturer Hyundai. The capital injection brings the total amount invested in Car Next Door by Hyundai to $8.2 million. Hyundai Australia CEO JW Lee says the investment into the Australian startup further aligns the manufacturer with the ...

Fastbrick concept could become a reality with new pilot program

Would you live in a house built by a robot? Fastbrick (ASX: FBR) certainly hopes you would, and their futuristic concept is fast becoming a reality. The listed technology company has announced a 'Building Pilot Program' with Western Australian builder Archistruct Builders & Designers. The program, if successful, will see a...