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Govt consulting on Digital Economy Strategy

Govt consulting on Digital Economy Strategy

The federal government has launched a consultation paper on the design of its planned Digital Economy Strategy, to be released early next year.   Once complete, it is expected to address topics including digital infrastructure, digital business capability and building...

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Open banking review wants to facilitate new data industry

Open banking review wants to facilitate new data industry

Due at the end of this week, head of federal government's open banking review, Scott Farrell, is hoping submissions will consider the benefits of the regime from the customer perspective. "I am interested in what the industry thinks their customers really want, not...

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Macquarie moves first on ‘open banking’

Macquarie moves first on ‘open banking’

Macquarie makes a big move.  Fintech startups and smaller financial services providers will be able to access data from the bank – with customer consent – in a pioneering arrangement known as “open banking” to let them build applications and services around the bank....

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Australians ready for new ways of investing

Australians ready for new ways of investing

Acorns Australia, the micro-investing app, has reached a milestone of over $100 million in funds under management (FUM) which highlights Australians’ appetite for new ways to save and invest. Read the article here to see how the Australian Fintech landscape is shaping...

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Xinja seeks up to $15 million amid push for start-up banks

Xinja seeks up to $15 million amid push for start-up banks

​Xinja, which hopes to lead a wave of new digital start-up banks, says moves to relax the strict licensing regime for the industry are already making investors more willing to back small challenger banks.  Xinja, which is looking to raise $10 million to $15 million in...

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