After CBA scandal, Australia’s regtech sector is ready for take-off
The local regtech scene is ready for take-off. There were two indications last week that regulatory technology’s engines are revving up. One was the corporate regulator securing an extra $6 million in funding from the federal government to market Australia as a global centre of regtech excellence. The Australian Securities and Investments Commission chairman James Shipton is on board with the potential for new technology to help regulated entities meet their complex legal obligations. The second was the filing of a prospectus by a promising Sydney-based regtech start-up known as Identitii. Based in a terrace house in Potts Point, Identitii plans to list on the ASX in September, with the […]
Collaboration with industry and regulators key to enhancing RegTech innovation
Industry delegates gathered at a high-level event in Singapore on the 16th of November, calling for financial institutions and regulators to work more collaboratively with start-ups to enhance RegTech innovation across the region. Hosted by Deloitte, Austrade and The RegTech Association, the event was held as part of Singapore’s inaugural FinTech Festival, and was attended by the Australian High Commissioner, the Hon. Bruce Gosper. At the event, industry influencers, government officials, tech start-ups and entrepreneurs came together to discuss strategies for driving cross-industry and cross-border collaboration, and opportunities to safeguard against financial crime with RegTech solutions. Julian Fenwick, Chair of The RegTech Association and Managing Director of GRC Solutions, a […]
IDC names top 10 fastest growing fintech companies in A/NZ
IDC Financial Insights has unveiled a list of 10 fast-growing fintechs in Australia and New Zealand (A/NZ) as part of the broader FinTech 101 list for Asia/Pacific. “IDC’s FinTech Fast 101” refers to the fast-growing fintech players in Asia/Pacific based on extensive on-ground analysis of the dominant fintech players within the region. 10 Fastest Growing FinTechs in Australia and New Zealand Afterpay Touch Group Airwallex CoinJar Data Republic Harmoney HashChing identitii Prospa SocietyOne Xero Note: List is arranged alphabetically, Source IDC, 2017 IDC’s fintech list makes a reference to the Financial Insights’ Triple U framework — ubiquity, utility, and usability. This is a framework that evaluates fintech data across key metrics such as addressable […]
