FinTech Australia stories - Page 1

A new report reveals that fintech innovation in payments has generated AUD $9 billion in benefits for Australian small businesses, boosting revenues and reducing costs.

FinTech Australia has expanded its board with the appointments of Jodi Ross and Jodie Imam, enhancing its leadership amid a strong fintech landscape.

The federal government is set to impose fines of up to AUD $50 million on companies failing to implement effective measures against rising fraud.

The Australian Government's decision to ban debit card surcharges has sparked debate, with fintech groups cautioning against potential harm to small businesses.

FinTech Australia announces Intersekt 2024, featuring RBA's digital currency research and fintech innovations from Bendigo Bank, AMP Bank, and NAB in Melbourne.

FinTech Australia appoints former Meta exec Katie Wilson as its new Head of Policy, aiming to bolster industry relations and shape key fintech regulations.

The fourth edition of FinTech Australia's Open Banking Ecosystem Map shows a 165% rise in Consumer Data Right adoption, supported by Mastercard.

FinTech Australia’s 2024 Finnie Awards celebrated 19 categories at Sydney's Doltone Wharf, honouring standout contributions in the evolving financial technology sector.

Australia’s fintech sector, powered by innovation, technology, and government backing, has surged from AUD $250 million in 2015 to AUD $45 billion in 2023.

FinTech Australia calls for government policy revisions, citing capital raising challenges for startups and the need for stronger support from Austrade to boost the country's fintech reputation internationally.

FinTech Australia revamps leadership team to advance growth: newly-appointed Chair Sarah Gorman, former Deputy Chair and three-time founder, partners with Brian Collins, Deputy Chair, while General Manager Rehan D'Almeida elevates to CEO.

MongoDB broadens the global reach of Atlas amid soaring multi-cloud demands, aiding businesses like Australian fintech Monoova ensure regulatory compliance and scalability.

FinTech Australia, backed by Investment NSW, partners with major banks ANZ, Westpac and tech firm 1835i for a reverse pitch event on 21 February 2024, inviting fintechs to solve local banking issues.

Nine associations formally launched the network by signing a Statement of Intent at the Asian Financial Forum event in Hong Kong.

Fintech Australia CEO, Danielle Szetho, is stepping down after two years. The organisation is searching for a new lead executive.

Fintech Australia strengthens ties with Hong Kong's FinTech industry to support investment and partnerships in each other's markets.

Australia's FinTech sector endorses new Senate-approved anti-money laundering rules for digital currencies, aiming to bolster legitimacy and consumer trust.

ASIC and New Zealand's FMA reinvigorate their fintech collaboration, focusing on innovation in financial services, regulation, and cross-jurisdictional support.

The decision is part of an ongoing campaign to drive increased levels of female participation in Australia’s most important startup sector.

FinTech Australia welcomes strong performance by Sydney and Melbourne in latest Global Financial Centres Index.