Tag: Australia

Robert Bell of 86 400 believes that open banking wont show...

If everything goes according to plan, then Australia will introduce open banking in July. The founder of neobank 86 400 cannot wait, but believes the benefits will take some time to manifest.

Judo Bank said to secure $350m in funding to support...

Australian challenger bank Judo Bank has reportedly raised $350m credit facility from Citi Bank to help support its coronavirus struggles.

Arctic Intelligence named the Australian-founded RegTech of the Year and RegTech...

The awards are coming fast now for Arctic Intelligence. The Aussie scaleup just picked up two awards at The RegTech Association’s annual awards ceremony shortly after being recognised as a Rising Star in Deloitte’s Technology Fast50 late last year.

ASIC takes Commonwealth Bank of Australia to court over failing to...

The Australian Securities & Investments Commission (ASIC) is accusing Commonwealth Bank of Australia (CBA) of not taking account of a notification of customer that told them he was a problem gambler.

Commonwealth Bank of Australia accused of harming over 8,600 customers by...

The Australian Securities & Investments Commission (ASIC) has launched a legal battle against one of Australia’s biggest banks.

Australian regulator announced new regulatory framework for foreign financial services providers

The Australian Securities & Investments Commission (ASIC) has unveiled its latest update to foreign financial service providers looking to provide their services to wholesale clients in Australia.

Why Australian challenger bank Xinja stopped opening new Stash accounts

Xinja’s high interest Stash accounts are popular. So why did the challenger bank stop opening them?

Banks and FinTech startups support calls for new data regulator

Banks and FinTech businesses are supporting a proposal made by an Australian senate committee, urging the government to launch a new data watchdog.

Australian FinTechs divided as regulators allow screen scraping

Screen scraping may be on the way out in Europe, but Australian regulators see no reason to ban it just yet.

Xinja Bank opens Series D round to “sophisticated” investors

Australian neo bank Xinja Bank has opened up its Series D round with to “sophisticated” or “wholesale” investors.

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