Tag: debanking

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Policy

Govt to move on de-banking

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...

Debanking risks ‘undermining’ local tech sector

Posted on   |  by Denham Sadler
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...