Tag: Fintech

Improved sandbox passes Parliament

Posted on   |  by Denham Sadler
A broader range of FinTechs will be able to access the regulatory sandbox for twice the length of time after legislation was finally passed by Parliament, nearly two-and-a-half years...

Credit reporting regime finally moves

Posted on   |  by Denham Sadler
Labor will attempt to amend legislation paving the way for a mandatory credit reporting regime in the Senate after it finally passed through the lower house, nearly two and...

MacGibbon wants cyber support for startups

Posted on   |  by Denham Sadler
The federal government should provide financial support to startups and small businesses looking to meet the “rigorous” open banking privacy and security rules, according to former special adviser to...

FinTechs trying to shirk CDR rules

Posted on   |  by Denham Sadler
Current laws and regulations aren’t enough to stop FinTechs shirking the new Consumer Data Right rules, according to two major consumer groups. In a joint submission to the Select...

No-one’s playing in the sandbox

Posted on   |  by Denham Sadler
The federal government will look to pass legislation improving the regulatory sandbox as a “matter of priority” when Parliament resumes next month after it was revealed that only seven...

FinTech’s green focus in Singapore

Posted on   |  by Adam Lyle
The launch of InnovationAsia has come at the right time in relation to Singapore. In recent weeks Singapore has hosted three major tech-focused conferences that not only boasted record...

FinTechs get a new Senate focus

Posted on   |  by Denham Sadler
A senate committee has been formed to conduct a year-long inquiry into the Australian FinTech and RegTech industries as potential areas for further reform, with the expectation it will...

Mandatory return of credit reporting

Posted on   |  by James Riley
The federal government is set to reintroduce its mandatory comprehensive credit reporting legislation after being left stranded in the run-up to the May election, nearly two years after the...

Data Right set to sail through

Posted on   |  by Denham Sadler
The government’s Consumer Data Right is set to pass Parliament this week after Labor agreed to support it despite having “deep concerns” with some aspects of the new laws....