FinTech Australia Archives

Consumer Data Right

Consumer data right ‘reset’ to reduce compliance costs, lift uptake

Australia’s consumer data sharing regime will be simplified in a bid to reduce compliance costs for banks and energy providers while lifting uptake among consumers, under a series of...

FinTechs call for clear way forward on CDR as bill stalls

2 July 2024 | by Brandon How

Local FinTechs have called for greater clarity on the future of the Consumer Data Right, including key reforms to the scheme that have languished before federal Parliament for more...

‘Not fit for purpose’: FinTech sandbox needs urgent review

15 April 2024 | by Brandon How

The federal government’s financial regulatory sandbox is “underutilised and not fit for purpose”, warranting an urgent review of the regime that has been in place for less than four...

Tech industry groups urge caution on merger reforms

10 April 2024 | by Brandon How

Tech industry groups are troubled by the Albanese government’s merger reforms, warning they could lower the investment attractiveness of the local tech sector. But the view presented by the...

New chief takes up FinTech’s funding fight

25 March 2024 | by Joseph Brookes

As investment in Australia’s FinTechs dries up, the sector’s peak group is juggling new ways to support its next generation to ride emerging areas like AI and sustainable finance...

Missing Consumer Data Right roadmap creating ‘uncertainty’

30 May 2023 | by Justin Hendry

A lack of visibility over the future direction of the Consumer Data Right is creating uncertainty, leading to renewed calls from industry for a long-promised roadmap to provide clarity...

Govt to move on de-banking

4 October 2022 | by Joseph Brookes

Treasurer Jim Chalmers has flagged a government response to financial regulators’ warning that fintechs and digital currency exchanges are being “de-banked” suddenly and with little explanation. After reviewing the...

FinTech Australia CEO Andrew Porter resigns after four months

31 May 2022 | by Joseph Brookes

The chief executive of FinTech Australia, Andrew Porter, has resigned less than four months into the job, saying his passion lies in building companies more than representing them. Rehan...

FinTech and RegTech industry eager to work with new government

24 May 2022 | by Brandon How

Despite an election campaign with no explicit commitments to FinTech or RegTech policies, industry bodies say they are ready and willing to begin working with the new government. FinTech...

Fintech fury, startup confusion over empty budget

30 March 2022 | by Joseph Brookes

Australia’s fintech industry group has slammed the government for failing to support the sector in Tuesday’s budget, while startups have labelled it “confusing” after not even rating a mention...

Tag: FinTech Australia

FinTechs call for clear way forward on CDR as bill stalls

‘Not fit for purpose’: FinTech sandbox needs urgent review

Tech industry groups urge caution on merger reforms

New chief takes up FinTech’s funding fight

Missing Consumer Data Right roadmap creating ‘uncertainty’

Govt to move on de-banking

FinTech Australia CEO Andrew Porter resigns after four months

FinTech and RegTech industry eager to work with new government

Fintech fury, startup confusion over empty budget

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Tag: FinTech Australia