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Tiimely
Tiimely, formerly known as Tic:Toc, is an Australian platform technology company and non-bank home lender based in Adelaide, South Australia. Founded in 2015, but launched to the public in July 2017 as Tic:Toc, Tiimely offers Software-as-a-Service, and automated digital home loans to consumers through their retail brand, Tiimely Home. Bendigo & Adelaide Bank are a major shareholder, owning a 27 percent stake in the business. History Tiimely was founded in 2015 by Anthony Baum, and secured seed funding in 2016 from Bendigo & Adelaide Bank, who also provide the funds for Tiimely’s home loans. In March 2017, the company closed its Series A funding round, securing A$4.1 million in further funds from Bendigo & Adelaide Bank. The company officially launched its home loan offering in July 2017. In December 2017, Tiimely announced an expansion of services to include Tasmania, officially expanding their serviceable area to cover all states of Australia. Tiimely closed a Series B ...
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Platform Technology
Platform may refer to: Arts * Platform, an arts centre at The Bridge, Easterhouse, Glasgow * ''Platform'' (1993 film), a 1993 Bollywood action film * ''Platform'' (2000 film), a 2000 film by Jia Zhangke * '' The Platform'' (2019 film) * Platform (art group), an interdisciplinary art group that researches the oil industry * Platform (Australian art group), an artists group based in Melbourne * ''Platform'' (novel), a 2001 novel by Michel Houellebecq Physical objects and features * Carbonate platform, a type of sedimentary body * Cargo platform, a pallet used to ship cargo and heavy machines by forklift or manual lift * Diving platform, used in diving * Jumping platform, naturally occurring platforms, or platforms made in an ''ad hoc'' way for cliff jumping * Oil platform, a structure built for oil production * Platform, a component of scaffolding * Platform (geology), the part of a continental craton that is covered by sedimentary rocks * Platform (shopping center) in ...
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White-label Product
A white-label product is a product or service produced by one company (the producer) that other companies (the marketers) rebrand to make it appear as if they had made it. The name derives from the image of a white label on the packaging that can be filled in with the marketer's trade dress. White-label products are sold by retailers with their own trademark but the products themselves are manufactured by a third party. Common use White label production is often used for mass-produced generic products including electronics, consumer products and software packages such as DVD players, televisions, and web applications. Some companies maintain a sub-brand for their goods. For example, in the United Kingdom, the same model of DVD player may be sold by Dixons as a '' Saisho'' and by Currys as a '' Matsui'', which are brands exclusively used by those companies. Some websites use white labels to enable a successful brand to offer a service without having to invest in creating t ...
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Mortgage Industry Of Australia
A mortgage loan or simply mortgage (), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is " secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word ''mortgage'' is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form of ...
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Financial Services Companies Established In 2015
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset management, Asset-, Money management, money-, Financial risk management, risk- and investment management aim to maximize value and minimize Volatility (fin ...
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B Corporation (certification)
In business, a company that uses the “Certified B Corporation” trademark (also B Corporation or B Corp) is a for-profit corporation certified for its Social impact assessment, social impact by B Lab, a global 501(c) organization, non-profit organization. To be granted and to maintain certification, a company must receive a minimum score of 80 from an assessment of its social and environmental performance, integrate B Corp commitments to Stakeholder theory, stakeholders into By-law, company governing documents, and pay an annual fee based on annual sales. Companies must re-certify every three years to retain B Corporation status. , there are 9,576 certified B Corporations across 160 industries in 102 countries. Purpose B Lab certification is a third-party standard requiring companies to meet social sustainability and environmental performance standards, meet accountability standards, and be Sustainability reporting, transparent to the public according to the score they rec ...
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NRMA
The NRMA (trading name of National Roads and Motorists' Association) is an Australian organisation offering roadside assistance, advocacy for motorists and road-users, motoring advice, car servicing, International Driving Permits, travel, and other services in all of Australia except Victoria (state), Victoria. It is a member-owned Mutual organization, mutual company limited by guarantee. It was formed in 1920. Prior to 2000, the organisation offered mutual insurance but that part of the business was demutualised and Corporate spin-off, spun out as NRMA Insurance, which is now part of Insurance Australia Group. NRMA and NRMA Insurance are independent companies with an agreement to use the same brand name even though each company is responsible for distinguishing the difference between the two organisations. History Early history National Roads Association The Australian National Roads Association, which would become the NRMA, was launched in 1920. Its original aim was not to ...
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Consumer Data Right
The Consumer Data Right is the name of a legislative, regulatory, and standards framework for consumer data portability in Australia. This framework has been created and introduced by the Australian Government, which is implementing the framework on a sector-by-sector basis. Background In May 2017, the Productivity Commission released a report 'Data Availability and Use' that recommended, among other things, a new 'Comprehensive Right' for consumers. This proposed new right would allow consumers to access and correct data about themselves held by product or service providers. It would also allow a consumer to have a machine-readable copy of their consumer data provided either to them or directly to a nominated third party, such as a new service provider. In November 2017, the Australian Government announced plans to legislate a national 'Consumer Data Right', which would allow customers open access to their banking, energy, phone and internet transactions data. Legislation ...
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Australian Competition & Consumer Commission
The Australian Competition and Consumer Commission (ACCC) is the chief competition regulator of the Government of Australia, located within the Department of the Treasury. It was established in 1995 with the amalgamation of the Australian Trade Practices Commission and the Prices Surveillance Authority to administer the '' Trade Practices Act 1974'', which was replaced by the ''Competition and Consumer Act 2010'' on 1 January 2011. The ACCC's mandate is to protect consumer rights and business rights and obligations, to perform industry regulation and price monitoring, and to prevent illegal anti-competitive behaviour. Historical origins The ACCC's deeper origins are found in the Restrictive Trade Practices Act of Sir Garfield Barwick, Attorney-General in the Liberal Government of Sir Robert Menzies in 1965.Hocking, Jenny, ''Lionel Murphy: a political biography'', Cambridge University Press, Cambridge, UK, 2000 . p.204 Opponents derided Barwick's Trade Practices Act 1965 as " ...
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Qantas
Qantas ( ), formally Qantas Airways Limited, is the flag carrier of Australia, and the largest airline by fleet size, international flights, and international destinations in Australia and List of largest airlines in Oceania, Oceania. A founding member of the Oneworld airline alliance, it is the only airline in the world that flies to all Seven Continents, seven continents, with it operating flights to Africa, Antarctica, Asia, Europe, North America and South America from its hubs in Sydney, Perth, Melbourne, and Brisbane. It also flies to over 60 domestic destinations across Australia. Qantas is List of airlines by foundation date, the world's third-oldest airline by foundation date and the oldest airline in the English-speaking world — being founded in November 1920. ''Qantas'' is an Acronym and initialism, acronym of the airline's original name, Queensland and Northern Territory Aerial Services, as it originally served Queensland and the Northern Territory. It is popularly ...
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Up (Australian Bank)
Up, also known as Up Money and Up Banking, is an Australian neobank based in Melbourne, Victoria, Australia with more than 900,000 mostly young Australian customers. Founded in 2018, Up was created as a collaboration between software development company Ferocia and Bendigo & Adelaide Bank. History Up was founded in 2018 as a collaboration between software company Ferocia and Bendigo & Adelaide Bank. The companies were already closely tied as Ferocia was building Bendigo Bank's app at the time. On 13 May 2018, Up started its friends and family beta phase with a closed beta release on 2 August 2018. An invite system was introduced on 1 October 2018 to allow existing users to invite friends to sign-up, which allowed invitees to skip the waitlist before Up officially launched to the public on 9 October 2018. On 8 November 2018, Up was officially the first neobank in Australia to provide instant Apple Pay provisioning, allowing consumers to add their card to their Apple W ...
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Chairman Of The Board
The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a Board of directors, board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group or organisation, presides over meetings of the group, and is required to conduct the group's business in an orderly fashion. In some organizations, the chair is also known as ''President (corporate title), president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. The term chairman may be used in a neutral manner, not directly implying the gender of the holder. In meetings or conferences, to "chair" something (chairing) means to lead the event. Terminology Terms for the office and its holder include ''chair'', ''chairman'', ''chairwoman'', ''chairperson'', ''convenor'', ''facilitator'', ''moderator (town official), moderator'', ''pr ...
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Machine Learning
Machine learning (ML) is a field of study in artificial intelligence concerned with the development and study of Computational statistics, statistical algorithms that can learn from data and generalise to unseen data, and thus perform Task (computing), tasks without explicit Machine code, instructions. Within a subdiscipline in machine learning, advances in the field of deep learning have allowed Neural network (machine learning), neural networks, a class of statistical algorithms, to surpass many previous machine learning approaches in performance. ML finds application in many fields, including natural language processing, computer vision, speech recognition, email filtering, agriculture, and medicine. The application of ML to business problems is known as predictive analytics. Statistics and mathematical optimisation (mathematical programming) methods comprise the foundations of machine learning. Data mining is a related field of study, focusing on exploratory data analysi ...
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