government

Mar
08

Poking holes in the “fintech bubble”

Commentary on the “fintech bubble” started as early as mid-2014. As it continued, fintech has been gaining momentum, and more and more, traditional banks and financial companies are reconsidering the strength of their market position. Innovation has spread to payments, lending and currency, from companies such as Tyro, SocietyOne and OnDeck. But instead of focusing […]

By Elizabeth Barry | Banking . Bitcoin . Currency . FinTech
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Feb
25

Media Release – Turnbull Government backing FinTech

Prime Minister Malcolm Turnbull and Treasurer Scott Morrison today announced the establishment of an expert advisory group to help make Australia the leading market for financial technology – or FinTech – in the Asia Pacific region. Financial services is the largest sector of our economy, employing around 450,000 people and contributing over $140 billion to […]

By Cameron Dart | FinTech
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Feb
23

Reserve Bank says Australian dollars could come in digital form in future

Death of the cheque and the rise of Bitcoin? FinTech is certainly gaining momentum in Australia with the RBA hinting at digital dollars, or a form of Bitcoin, in the future is quite a possibility.   It is entirely possible that Australian dollars will come in digital form in the future, breaking the link entirely […]

By Australian FinTech | Banking . Bitcoin . Currency . FinTech
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Feb
17

Fintech sector rejects crowdfunding bill

The fintech sector has taken aim at the government’s proposed legislation on equity crowdfunding, with particular ire focused on the requirement for crowdfunders to become unlisted public companies. The government has received 21 submissions on the Corporations Amendment (Crowd-sourced Funding) Bill 2015 [Provisions], with a number of fintech firms pointing to the bill’s shortcomings. VentureCrowd’s […]

By Australian FinTech | Borrowing . FinTech
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Feb
06

Blockchain and how it will change everything

In May, British billionaire Richard Branson invited a select posse of entrepreneurs, venture capitalists and technology advisers to his Caribbean residence for an exclusive pow wow on an issue occupying some of the top markets minds in the world. The topic for discussion on the picturesque Necker Island was the “blockchain”. “Every now and then, […]

By Australian FinTech | ASX . Banking . Bitcoin . FinTech
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Jan
26

Gruden to list after reverse takeover of Exoma Energy

Digital marketing and app development firm Gruden will list on the ASX as early as this week through a reverse takeover of Exoma Energy, in a deal worth $7 million. Gruden itself is a collection of specialist technology companies with offices in Sydney, China and Malaysia and its self-proclaimed “jewel in the crown” is MobileDen, […]

By Australian FinTech | FinTech
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Jan
15

Innovation – NSW innovation minister says he will deliver three things the startup community is pleading for

He says one of the flagship policies of the state government last year was the establishment of a “world first” government data analytics centre facilitating data sharing between government agencies and allowing for the analysis of the effectiveness of policies. Dominello  says the better use of public data can also assist with one of the […]

By Australian FinTech | Banking . FinTech . Sydney FinTech
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