Tag: Fintech

FinTechs want AEC data for digital ID checks

Posted on   |  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

Posted on   |  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

Posted on   |  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

Posted on   |  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

Posted on   |  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

Posted on   |  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

Posted on   |  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

Posted on   |  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...

Timing couldn’t be better for Open Banking

Posted on   |  by Kristofer Rogers
At the recent AFR banking and wealth conference, held as a virtual event during these unprecedented times, ACCC chairman Rod Sims reasserted a commitment to keeping the July 1...