Local fintechs have welcomed proposed reforms to Australia’s payments “outdated” system, but say swift action is needed to fix regulations that are up to a decade behind those in global...
When the German federal government unveiled its first national startup strategy in the middle of 2022, its biggest surprise perhaps was that it had not arrived earlier. German industrial...
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...
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...
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...
FinTech Australia has appointed investor and finance executive Andrew Porter as its new chief executive. Mr Porter, a 20-year industry veteran who advises several local FinTech’s boards, said reconnecting...
The increasingly common practice of large financial providers “debanking” Australian tech firms is a “significant threat to competition” and risks “undermining” the growth of the local sector, a Parliamentary...
The federal government needs to get on the front foot and prepare for Big Tech to try to get involved with the Consumer Data Right scheme in order to...
The government will consider whether to grant expanded access to the electoral roll and the ASIC register in order to assist FinTechs in conducting digital identity checks. As part...
A government-led Senate committee has called for the research and development tax incentive to be paid quarterly, and for a new standalone scheme for software-related claims to be considered....