Rebecca Schot-Guppy Archives

Consumer Data Right Data

Open banking’s majestically slow start

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...

APRA licence pause will ‘stifle innovation’

13 April 2020 | by Denham Sadler

The prudential regulator’s decision to stop issuing new banking licences for at least six months will “stifle innovation” and cripple FinTechs, according to FinTech Australia. The Australian Prudential Regulation...

FinTech inquiry pivots to COVID-19 response

1 April 2020 | by Denham Sadler

The decision to delay the landmark Parliamentary inquiry into FinTech and reopen submission to address COVID-19 is “dangerous” and risks taking the momentum out of the government’s response to...

FinTech screen scraping scrap heats up

18 March 2020 | by Denham Sadler

The landmark Parliamentary inquiry into the FinTech sector has again descended into a feud over the controversial practice of screen scraping, much to the chagrin of FinTech Australia. Screen...

R&D tax interpretations are ‘ludicrous’

2 March 2020 | by Denham Sadler

The “strict interpretation” of what constitutes an eligible activity under the Research and Development Tax Incentive restricting software claims is “ludicrous” and leading local tech companies to move offshore,...

History repeats: Open banking delayed again

7 January 2020 | by James Riley

It was a case of history repeating itself in the dying days of 2019, as a delay to the launch of open banking was announced on the last Friday...

Big banks tapped for new growth fund

28 November 2019 | by Denham Sadler

The federal government has finally got the big banks to chip into its business growth fund, which is set to launch next year with more than $500 million in...

FinTech inquiry’s new issues paper

23 October 2019 | by James Riley

A new Senate inquiry into the FinTech sector should be the first step in the development of a national policy agenda for the sector, according to FinTech Australia general-manager Rebecca...

Mandatory return of credit reporting

21 August 2019 | 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...

Labor trusts gov’t on CDR regime

5 August 2019 | by James Riley

The Consumer Data Right laws are “very complex and messy” and plans to amend them later in the year may lead to further problems, digital rights advocates have said....

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