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’s Focus Areas for ASIC Regulatory Sandbox CP 260 Submission

FinTech Australia is calling out to the Australian FinTech community to contribute their thoughts and experiences to ASICs Regulatory Sandbox Consultation Paper 260. (more…)

Building fintech castles in ASIC’s regulatory sandbox the play we need

This piece originally appeared in The Australian on June 14, 2016. View the original here.

When peer-to-peer lender MoneyPlace built its founding team no one anticipated that it would take 18 months to gain regulatory approval. Thats a long time in limbo for any business but for a start-up a delay of this length can be crippling. (more…)

Why the Fintech Regulatory Sandbox is a Game Changer

Today ASIC released its consultation paper on the regulatory sandbox to our Fintech
Melbourne community.

It provides details of the plan that allows early stage fintech startups to test their products on
customers. (more…)