Member showcase May 2018

Here’s a list of member announcements during the month of May.

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Digital challenger banks off and away in Australia

Australia has its first licensed digital challenger bank, following a decision by a key Australian Government regulator to establish a new pathway to allow these banks to be established.

On 4 May, the Australian Prudential Regulation Authority (APRA) published its new restricted authorised-deposit taking institution framework.

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Startup competition by launch festival sydney and republic

LAUNCH Festival Sydney and Republic have joined forces to allow live investing in startups participating in the this years festival June 19-20. Republic was built to democratize startup investing and level out the fundraising landscape for founders and investors alike. (more…)

FinTech Australia announces new CEO

The policy head who helped Uber to launch in Australia has been appointed CEO of the association representing fintechs disrupting Australias traditional financial services industry.

Brad Kitschke has been appointed as CEO of FinTech Australia.

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Finnies finalists announced

A total of 89 companies and individuals have been chosen as finalists for Australias only industry-backed fintech awards, from a record field of more than 200 entries.

FinTech Australia today announced the finalists for the 2018 Finnie awards.

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Open banking framework to drive customer choice and innovation across Australia

Australias fintech industry has welcomed an Australian Government decision to put the customer first by pushing back against big bank delaying tactics and introducing open banking reforms from mid-next year.

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2018-19 budget steady for australian fintech’s but the big news is yet to come

Australias fintech industry will benefit from a number of important support measures in tonights 2018-19 Australian Budget but will be forced to wait for the big news about the details of Australias open banking framework.

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