Why Australia is falling behind on AI
Catriona Wallace of Flamingo AI, said although businesses were adopting voluntary AI ethics principles, there are no AI-specific laws governing the space.
Neobanks cast spotlight on big banks’ dubious practices
Australian neobanks have seen more than half a billion dollars in household deposits flow into their accounts since their launch.
Government passes laws extending fintech regulatory sandbox – finally
The government has passed new laws to finally bring its much-discussed fintech regulatory sandbox into reality.
RMIT’s Blockchain Innovation Hub gets a $6m boost
Victoria’s RMIT University has funneled an additional $6 million towards its Blockchain Innovation Hub
Another billion-dollar year for investment in Australian startups in 2019
Australian startups saw a continued rise in venture capital funding in 2019, rising to US$1.145 billion, up from US$1.033 billion in 2018 according to KPMG
BNPL player Laybuy partners with Mastercard
Laybuy co-founder and managing director Gary Rohloff said the partnership between Laybuy and Mastercard will support its growth globally.
Assembly Payments and Standard Chartered join forces
Australian fintech company Assembly Payments has joined forces with British multinational bank Standard Chartered to launch a new ecommerce payments company
Capify founder tips Australian fintech consolidation, potential acquisitions
Australia’s fintech sector is ripe for consolidation says Capify founder and chief executive David Goldin as he sizes up potential acquisitions.
