government

Nov
09

Service NSW introduces PayPal option

PayPal is now accepted as a payment option by Service NSW and will progressively roll out across all NSW Government agencies that use this website and app. The initial rollout will commence with Roads and Maritime Services. This partnership is the first wide-scale offering of PayPal for government payments in Australia and responds to the […]

By Reposted by Australian FinTech | FinTech . Payments
DETAIL
Oct
22

RateSetter signs $100 million deal with the Federal Government’s CEFC for South Australian Home Battery Scheme

Australia’s leading peer-to-peer lender, RateSetter, has signed a $100 million funding deal with the Clean Energy Finance Corporation (CEFC) to deliver the benefits of the South Australian Government’s Home Battery Scheme – one of the world’s most ambitious Government-funded home battery schemes – to South Australian householders and investors. Under the arrangement announced today, the […]

By Australian FinTech | Borrowing . FinTech . Lending . Peer-to-Peer
DETAIL
Oct
15

The peril and promise of open banking

By Trade Ledger’s Martin McCann It seems an age since then-Treasurer Scott Morrison called on the open banking sector to not “stuff it up” at the annual FinTech Awards shortly before he became Prime Minister. Now the music has stopped and we have a PM who has proven he is not a luddite. But what […]

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Oct
10

Programmable money will be the trigger for governments to adopt blockchain

The original blockchain use case – bitcoin – involved making payments while circumventing government and banks. So there’s some irony that its latest local use case involves a big government agency and the country’s largest financial institution adapting the original blockchain to control how government payments are spent. But blockchain innovation is full of surprises. […]

By Reposted by Australian FinTech | Banking . Bitcoin . Blockchain . Currency . FinTech
DETAIL
Oct
06

Australia and US strike deal to share fintech trends and developments

Information-sharing on fintech market trends will be easier between Australian and US companies as a result of a new agreement signed between the two nations. The Australian Securities and Investments Commission (ASIC) and the US Commodity Futures Trading Commission (CFTC), which protects market users and their funds, consumers, and the public from fraud, signed the […]

By Reposted by Australian FinTech | FinTech
DETAIL
Oct
05

South Australian Premier Steven Marshall hopes to build blockchain hive

South Australian Premier Steven Marshall is eyeing the blockchain technology industry as one of the future growth engines of the state’s economy and wants a cluster of companies to eventually settle in a hub on the site of the old Royal Adelaide Hospital. Mr Marshall said there was a first-mover advantage to be had in […]

By Reposted by Australian FinTech | Blockchain . FinTech
DETAIL
Oct
05

Luxembourg and Australia agree fintech pact

The Luxembourg Commission de Surveillance du Secteur Financier (‘CSSF’) and The Australian Securities and Investments Commission (‘ASIC’) today signed a Cooperation Agreement which provides a framework for cooperation to understand financial innovation in each jurisdiction. The Agreement provides a framework for information sharing between the two regulators on financial technology (fintech) and regulatory technology (regtech). […]

By Reposted by Australian FinTech | FinTech
DETAIL
Oct
05

What is open banking and how will it affect you?

Open banking is being phased in from July 2019, making it easier for you to switch banks and get a better deal. It could even result in fintechs being a more viable option for you over a traditional bank. But what is open banking exactly, how much control will it give you over your own […]

By Reposted by Australian FinTech | Banking . FinTech
DETAIL