The Australian major banks (“the Majors”), like many other businesses, are dealing with substantial economic and regulatory headwinds.
Like the global fintech market, investment in the Australian fintech sector has taken a pause for the first half of 2019, as the industry prepares for the next phase of its development.
Open Banking empowers consumers to request their financial data is made available to accredited third parties such as utility providers, fintechs or other banks, leading to more transparent decision making.
The Consumer Data Right Bill was introduced into parliament this morning by the Treasurer. This should see current timelines observed for approval/implementation of Open Banking. Ian Pollari, Head of Banking…
Over the past five years, the H2 Ventures and KPMG Fintech100 report has tracked the emergence and maturation of the startups looking to revolutionise the financial services sector.
How will fintech, one of the fastest-growing sectors in the global financial services industry, fit in and alter the Australian landscape?
The Australian major banks (‘the majors’) continue to adapt to tougher market conditions, reporting a modest increase in aggregate profits for the 2017 full year.
In Australia, we often labour under the misconception that industries in other countries are more advanced than ours. But according to our latest global fintech report this is not the case.
Australia is emerging as a regional leader in the $300bn global Alt-Fi market.1