Banks could implement an open banking solution in three months
Australia’s banks could implement a solution in three months that meets ACCC’s Open Banking pilot regime protocols and ASIC’s new responsible lending principles
Australian FinTech turns 4!
Australian FinTech turns 4! This month marks the 4th Birthday of Australian FinTech! So Happy Birthday to us!
GBST opts to go with SS&C
Financial services technology provider GBST looks set to go with a takeover bid by Nasdaq-listed SS&C after being the subject of offers from Bravura and FNZ
Don’t forget, the ATO wants to tax your Crypto
The Australian Tax Office recently declared its intention to target crypto traders who are avoiding paying the proper amount of tax.
Two new fintech players in lending and deposits
RBA data shows that approved deposit taking institutions (ADIs, mainly the banks) held $624 billion of deposits in term accounts as of April 2019
Fintechs say bank claims are bulldust
Australian fintech companies are calling bulldust on bank claims that responsible lending proposals will be hard to implement, costly and inaccurate.
The spectre of cryptocurrency is spurring banks into action
Goldman Sachs is weighing the idea of launching a cryptocurrency of its own, CEO David Solomon said late last week.
Spare change investor start-up expands into Thailand and Vietnam
Raiz allows users to round-up everyday purchases and pool their spare change to invest in equities, bonds and other securities.
