Category: Press Release

FinTech Indonesia signs collaboration agreement with FinTech Australia

The peak financial technology (fintech) industry bodies in Indonesia and Australia have signed a landmark agreement to help drive exchanges of talent and expertise between the two growing fintech markets.

Signed on 1 December, the memorandum of understanding between FinTech Australia and FinTech Indonesia is regarded as an important step to drive the mutual development and growth of fintech industries across both jurisdictions.

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Regulatory pathway for new banking entrants is welcome but could be improved: FinTech Australia

A proposed new regulatory pathway to allow the creation of Australian challenger banks is a welcome move but does require some improvements, according to the peak body for the nation’s fintech industry.

FinTech Australia has lodged a submission with the Australian Prudential Regulation Authority (APRA) in response to its discussion paper, entitled “A phased approach to authorising new entrants to the banking industry”.

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Australian fintech industry welcomes passage of anti-money laundering legislation for digital currencies

Australia is set to further grow its world-leading blockchain and digital currency industry following the Australian Parliament’s approval of anti-money laundering legislation last night, according to Australian fintech leaders.

The Australian Senate passed legislation extending anti-money laundering and counter-terrorism financing regulation to digital currency exchanges.

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Australian fintechs among the world’s best in global Fintech100

Australia has a record ten companies in this year’s highly-regarded Fintech100 report, putting it second only to the United States and ahead of other key markets such as Singapore and the UK when it comes to mentions on the list.

FinTech Australia – the nation’s association for Australia’s fintech industry – today congratulated fintechs listed in the 2017 Fintech100. Read more

Booming Australian fintech scene shown in new member ecosystem map

FinTech Australia has published a new member ecosystem map which illustrates the extraordinary growth in Australia’s fintech industry in just four months.

Published at the start of Intersekt – Australia’s inaugural fintech festival being held in Melbourne – the map represents the most fine-grained analysis of Australia’s fintech industry.

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