Fintech Archives - InnovationAus

Policy

Debanking risks ‘undermining’ local tech sector

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...

Time to prepare for Big Tech in the CDR scheme

29 April 2021 | by Denham Sadler

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...

FinTechs want AEC data for digital ID checks

29 April 2021 | by Denham Sadler

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...

Senate committee calls for quarterly RDTI payments

28 April 2021 | by Denham Sadler

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....

The CDR: Why all eyes are on Australia

21 December 2020 | by Brenton Charnley

As a proud Aussie, even I will admit there aren’t too many occasions where we are seen as a leader. Great cricket and rugby teams sure, and some amazing...

Australian FinTech: Worth its weight in gold

18 December 2020 | by Jane Hume

One of the most remarkable things about the COVID pandemic is how investors rushed to listed technology equities as panic struck global markets. Whereas gold has traditionally dominated as...

FinTech inquiry turns to structural issues

9 November 2020 | by Denham Sadler

After delivering an interim report with recommendations for some “quick wins”, the parliamentary inquiry into FinTech will be turning its attention to longer-term structural issues for the sector. The...

FinTech, data rights and a Newfound mission

8 September 2020 | by David McClure

Australia’s consumer data right legislation doesn’t just exist to open up the banking sector, it’s for making the product matching and switching process much easier in an increasingly wide...

Open banking’s majestically slow start

30 July 2020 | by Denham Sadler

Australia’s Consumer Data Right scheme has received a further $20 million after the opening banking regime’s slow start this month, with only one FinTech signed up as a data...

JobKeeper ‘failed’ early-stage tech firms

16 July 2020 | by Denham Sadler

The government’s JobKeeper wage subsidy scheme has “failed” early-stage pre-revenue tech companies, with more support needed following the September cut-off, a Parliamentary inquiry has heard. The Select Committee on...

Tag: Fintech