The first phase of Australia’s open banking regime should be designed to assist Australians get a better deal on mortgages and credit cards, as well as help overcome responsible lending problems highlighted in the Financial Services Royal Commission, Australia’s fintech industry said today.
We have noticed media reports this morning about a survey by Oracle into Australia’s fintech market penetration, compared to other international markets.
We have not had the benefit of seeing the survey at this time.
Australian corporate regulator ASIC’s commissioner, John Price, has called out “innovation” as a concept about which it is easy to wax lyrical, but “difficult to apply in practice”.
Melbourne is edging closer to Sydney in the world financial centre rankings, according to the just-published March 2018 Global Financial Centres Index (GFCI).
The GFCI – produced by London-based commercial think-tank Z/Yen – is regarded as the pre-eminent ranking index for financial centres across the globe.
FinTech Australia members and partners were among the big winners at the Momentum Media FinTech Business awards held on 22 March in Sydney.
Fintech firms from across Australia have welcomed a new agreement between the Australian and UK Governments, stating that they are keen to use it as a platform to expand overseas and drive best practice innovation and industry growth.
In just my first week as interim CEO, I thought I would write a quick note to members and the broader fintech community.
It’s been another particularly busy few weeks, with some very exciting announcements from our members.
Australia’s fintech industry association today welcomed a new report which finds that small to medium enterprises (SMEs) are continuing to turn to fintech and other non-bank lenders for their growth fund needs.