Tag: Fintech

FinTechs trying to shirk CDR rules

Posted on   |  by Denham Sadler
Current laws and regulations aren’t enough to stop FinTechs shirking the new Consumer Data Right rules, according to two major consumer groups. In a joint submission to the Select...

No-one’s playing in the sandbox

Posted on   |  by Denham Sadler
The federal government will look to pass legislation improving the regulatory sandbox as a “matter of priority” when Parliament resumes next month after it was revealed that only seven...

FinTech’s green focus in Singapore

Posted on   |  by Adam Lyle
The launch of InnovationAsia has come at the right time in relation to Singapore. In recent weeks Singapore has hosted three major tech-focused conferences that not only boasted record...

FinTechs get a new Senate focus

Posted on   |  by Denham Sadler
A senate committee has been formed to conduct a year-long inquiry into the Australian FinTech and RegTech industries as potential areas for further reform, with the expectation it will...

Mandatory return of credit reporting

Posted on   |  by James Riley
The federal government is set to reintroduce its mandatory comprehensive credit reporting legislation after being left stranded in the run-up to the May election, nearly two years after the...

Data Right set to sail through

Posted on   |  by Denham Sadler
The government’s Consumer Data Right is set to pass Parliament this week after Labor agreed to support it despite having “deep concerns” with some aspects of the new laws....

Meet Australia’s FinTech minister

Posted on   |  by Denham Sadler
Victorian senator Jane Hume has become sworn in as Australia’s first assistant minister for financial technology within Prime Minister Scott Morrison’s second ministry. Mr Morrison announced his new team...

Election campaign tech wishlist

Posted on   |  by James Riley
The federal election campaign has officially kicked off, and it’s already clear that the tech sector will not feature in the prominent way it did during former PM Malcolm...

Airwallex achieves unicorn status

Posted on   |  by Aimee Chanthadavong
Melbourne-based cross border payments platform Airwallex has just earned unicorn status, following a successful Series C fundraising round of US$100 million. The fintech, which is now valued at over...