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Australia’s fintech festival to have world-first gender equality commitment
Australias inaugural fintech festival will have what is believed to be a world-first gender equality target, as part of an ongoing campaign to drive increased levels of female participation in Australias most important startup sector.
Business and consumer demand drives Australia’s surge to second largest Asia Pacific alternative finance market
New research showing Australia has risen to become the second largest alternative finance market in the Asia Pacific sends a strong signal to the world about the underlying strength of Australias fintech and business environment.
Australian payments industry in world spotlight after big win
Australias credentials as an international hotspot for innovative payments solutions has been boosted by the selection of a Melbourne-based company as the joint winner of an industry challenge held by the worlds leading financial messaging provider.
Consumers and businesses win in private company equity crowdfunding bill changes
FinTech Australia has welcomed significant changes to draft legislation allowing private companies to crowdfund equity, which will ensure investors are protected while at the same time delivering reduced costs and red tape for companies.
The draft crowdfunding legislation was introduced into the Australian Parliament today.
FinTech Australia welcomes strong performance by Sydney and Melbourne in latest Global Financial Centres Index
FinTech Australia has welcomed the strong performance by Sydney and Melbourne in the latest Global Financial Centres Index, with Sydney now being named as a global leader and Melbourne jumping eight ranking spots.
Published every six months, the index measures the attractiveness of 108 financial centres. It analyses research by major international organisations such as the World Bank and United Nations alongside thousands of survey responses. (more…)
Two Australian fintechs selected to help develop payments solutions for the world
Two Australian fintech companies have beaten entrants from across the world to be selected among five finalists in a global payments industry challenge, where they will work to develop new cross-border solutions for thousands of banks.
International speaker line-up announced for Australia’s inaugural fintech festival
The founder of two UK challenger banks, a world digital identity expert and a prominent US business leader known as the godfather of fintech are among the headline speakers confirmed today for Australias inaugural fintech festival.
Statement by FinTech Australia on anti-money laundering and terrorism financing laws
Statement by FinTech Australia CEO Danielle Szetho:
“FinTech Australia’s Blockchain and Digital Currency members welcome the Bill for AUSTRAC to regulate digital currency exchange providers because we see Australia as a world-leading digital currency and blockchain market.”
“We have been consulting with AUSTRAC and the Attorney General for the past six months to ensure the proposed regulations appropriately defined Digital Currencies, but also allow room for the industry to grow.”
“This reform comes at a time where the digital currency market is reaching maturity, so they are necessary to legitimise digital currency activities for broader consumer use.”
“The list of use cases for digital currencies – for consumers, businesses and governments – are growing rapidly, and industry recognises that this regulation is important to ensure the sustainable and long-term growth of this sector.”
For further information, read the media release issued by the Australian Minister for Justice on 17 August, 2017
FinTech Australia welcomes blueprint to grow Australian and Sydney fintech ecosystem
FinTech Australia today welcomed a new report which outlines the astounding growth of the Australian fintech industry since 2014 and finds that Sydney is a strong challenger to Singapore when it comes to Asian fintech supremacy.
The report prepared by KPMG and the Committee for Sydney – with the support of the New South Wales Government – is entitled Scaling the FinTech Opportunity for Sydney and Australia. (more…)
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