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...
Business investment in R&D has grown for the first time in almost a decade, registering a 14 per cent increase in nominal terms, while overall proportional spend has reached...
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Local fintechs have welcomed proposed reforms to Australia’s payments “outdated” system, but say swift action is needed to fix regulations that are up to a decade behind those in global...
The likes of Apple and Google could be further regulated as the federal government embarks on an overhaul of the Australian payments regulatory framework. It comes after the Treasurer received...