Australian budget a big boost for Australian fintech

Open financial data reforms, reduced barriers for banking licences, an expanded regulatory sandbox and digital currency tax cuts are among the major initiatives in the 2017-18 Australian budget welcomed by Australias fintech industry body. (more…)

FinTech Australia supports implementation of new AML/CTF framework

Australias growing FinTech sector is reliant on an efficient and quick implementation of the new Anti-Money Laundering and Counter-Terrorism financing Act, Rules and Regulations (AML/CTF Regime) which should make provisions for new technologies such as digital currencies, digital currency exchanges and digital wallets. (more…)