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...
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...
Digital wallets and Buy Now Pay Later products are set to be regulated like existing payment systems, with the federal government issuing draft legislation to extend the reach of...
Assistant Treasurer Stephen Jones cannot see a “big future” for fintechs and other businesses that continue to rely on screen scraping, declaring that the “world has moved on” as...
Australia is a long way off issuing a Central Bank Digital Currency, according to a final report on pilot projects initiated by the Reserve Bank of Australia and the...
Airwallex has called for a detailed timeline on the federal government’s payment system modernisation agenda to prevent more delays and ensure the fintech regulation does not slip further behind...
Local fintechs have welcomed proposed reforms to Australia’s payments “outdated” system, but say swift action is needed to fix regulations that are up to a decade behind those in global...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...