Tag: Fintech

FinTech sandbox must be rebuilt with innovation plan: Review

Posted on   |  by Joseph Brookes
The regulatory sandbox set up in 2020 for unlicenced FinTechs to test innovative finance and credit activities with real customers must be rebuilt alongside a national strategy for financial...

Outgoing ASIC chair says put the foot down on FinTech

Posted on   |  by Joseph Brookes
Parts of Australia’s financial services sector are “scared” to innovate to the point they now risk a generational drag on economic progress, outgoing chair of the corporate watchdog Joe...

Senate committee clears path for new crypto laws

Posted on   |  by David Allen
Legislation imposing new safety standards on digital assets like cryptocurrency and non-fungible tokens looks set to be waved through parliament, having been endorsed by a Senate committee with in-principle...

Stone & Chalk chief Chris Kirk to step down in April

Posted on   |  by David Allen
Chris Kirk will step down as chief executive at innovation hub operator Stone & Chalk in April, in what the company has labelled a “planned and considered transition” of...

Austrac orders Airwallex audit on suspected compliance failures

Posted on   |  by Sherin Sunny
Australia’s financial crime watchdog said on Thursday it had ordered an audit of payment platform Airwallex for suspected anti-money laundering and counter-terrorism financing compliance failures. The Australian Transaction Reports...

Govt eyes expanded fintech sandbox to boost access

Posted on   |  by David Allen
An independent review of Australia’s financial regulation test environment has called for feedback on improving its effectiveness and accessibility, floating a significant expansion of the sandbox ahead of federal...

Govt plots review of FinTech sandbox as crypto plan unveiled

Posted on   |  by Justin Hendry
The Albanese government has committed to review Australia’s financial regulatory sandbox as part of a suite of reforms to regulate crypto exchanges and other digital asset platforms. The review,...

No time to wait: FinTechs call for RDTI change

Posted on   |  by Joseph Brookes
Small FinTechs are missing out on the government’s biggest and bluntest innovation incentive, exacerbating a funding crunch, the sector’s peak body has warned in its call for Budget moves....