Australia’s Treasurer has asked the RBA to consider mandating payment providers to offer retailers with a multiple network option, allowing payments to be processed more cheaply.
The small business groups raised fears that a proposed Eftpos merger will result in fewer payment options and higher merchant fees.
UK-based technology platform BankiFi has announced its entry into the Australian Financial Services market.
Volt secured $15m in funding from the AFG group and announced the appointment of ex HSBC chair Graham Bradley as Volt’s chairman of the board.
A new report by Airwallex and CPA Australia shows that only one third of Asia Pacific (APAC) businesses have invested in fintech despite increasing digital adoption in the face of COVID-19.
Data gathered by Buy Shares indicates that fintech leaders managed to raise a total of $3.81 billion in the second quarter of this year. The significant amount comes after the economic downturn in the first quarter. Fintech funding impacted by coronavirus pandemic in Q1 Online payment processing platform Stripe raised $850 million followed by Robinhood […]
Fintech and other non-bank lenders are set to overtake banks as the preferred source of growth funds for Australian SMEs, the latest Scottish Pacific SME Growth Index suggest. [Related: Let’s Talk… Fintech, FinTech Australia’s CEO steps down but will continue to help Aussie fintechs from Asia and Fintech Code of Conduct recommended by report into best-practice for SME […]
FinTech Australia have flagged their support for the Federal Government’s proposed legislative changes to the fintech regulatory sandbox but called for further improvements to make the sandbox more robust and fintech-friendly. Earlier this month, FinTech Australia’s chair Stuart Stoyan gave evidence to the Senate Economics Legislation Committee, which is inquiring into the provisions of the Treasury Laws […]
In the wake of announcing her resignation as CEO of industry association FinTech Australia, Danielle Szetho has flagged her intentions to continue supporting and championing Australian fintech companies from Asia. Sarah Worboys, formerly of the Startup Victoria Female Founders committee, will step in as interim CEO for FinTech Australia, whose chair Stuart Stoyan thanked Szetho […]
Entries are now being accepted for the second annual Finnie Awards, giving Australia’s 600+ fintech companies an opportunity to be recognised for their successes. Presented by FinTech Australia in partnership with the NSW Government’s Jobs for NSW, the industry-backed ‘Finnies’ boast 23 awards, including FinTech Organisation of the Year, Outstanding FinTech Leader of the Year, […]
