FinTech Australia

Sydney and Melbourne launch fintech start-up hubs

It’s a double development delight in Australia with Sydney and Melbourne unveiling fintech start-up hubs for innovation across the nation. Industry body FinTech Australia says Sydney’s proposed new 11-floor start-up hub – set to be the largest in the southern hemisphere – “should help build even stronger links between the Australian fintech industry and global […]

FinTech Australia releases fintech ecosystem map

Industry body FinTech Australia has released its first member ecosystem map, to show the nation’s “strengths and diversity”, particularly in wealth generation and lending. The map (see image below) lists 119 members of FinTech Australia, along with the nation’s key financial services regulators. Danielle Szetho, FinTech Australia CEO, says: “The broad range, depth and quality […]

ASIC boosts Australia’s regtech innovation scene

It’s smiles all around as two fintech groups are welcoming the Australian Securities and Investments Commission’s (ASIC) initiative for more regtech innovation. The RegTech Association and FinTech Australia joined forces to welcome the release of the report, “ASIC’s Innovation Hub and our approach to regulatory technology”. This latest bout of happiness follows nicely on from […]

Budget boosts Australia’s fintech

Good days and good times have come to Australia’s fintech scene with the 2017-18 Australian budget bringing in some useful initiatives. Some of the positives include open financial data reforms, reduced barriers for banking licences, an expanded regulatory sandbox and digital currency tax cuts – all welcomed by Fintech Australia, a national industry association. Australian […]

Shrewd surfer dude behind Visa’s contactless payment sunglasses move

An Australian start-up has been revealed as the key technology partner of Visa’s new contactless payment sunglasses which were launched at the South by Southwest (SXSW) Festival. Visa unveiled the WaveShades sunglasses at the festival in Austin, Texas. Behind the scenes, the bright idea came from FinTech Australia member Inamo who came up with the […]