The CDR: Why all eyes are on Australia
With the Consumer Data Right (CDR) the country is now a testing ground for many of the elements that form the concept behind open finance.
“Regtech is now a necessity for fast-growers”: FrankieOne attracts heavy-weight roster of customers as fintech comes into focus
FrankieOne announce a slew of new milestones as major Australian enterprises re-evaluate their need for compliance and governance.
We Discover & Adatree partner to pioneer Open Banking feature rollout
Digital innovation agency We Discover has teamed up with Consumer Data Right tech experts Adatree to pioneer the next wave of disruption financial services.
Competition heats up in Australia’s Neobanks, Digital Banks market
Since 2019, a wave of digital banks have arrived in Australia on a back of favourable legislation changes which took place in 2018.
Neobank Douugh debuts on the ASX, US launch imminent
Neobank Douugh is the first of its kind to list on the ASX after debuting this morning following an oversubscribed $6 million capital raise.
Top-heavy bank sector holds back FinTech potential
A top-heavy banking ecosystem coupled with an under resourced regulatory regime is holding back Australia’s FinTech potential, according to industry leaders
Neobank delays loan rollout due to COVID-19
Due to the COVID-19 pandemic, Volt Bank is delaying the launch of its loan products to ensure its foray into lending is done “in a very prudent way”.
Australian neobanks face a sterner challenger than their UK equivalents did
Australian neobanks such as 86 400, Up and Volt, are trying to make dents in an extremely consolidated banking market dominated by the four major incumbents.