Australia to focus on FinTech in Covid-19 aftermath

March 30, 2020 | FinTech

Written by FinTech Alliance

Australia to focus on FinTech in Covid-19 aftermath

The Australian senate has reopened its committee on FinTech and RegTech in the wake of Covid-19.

In Brief:

  • The Australian Select Committee on Financial Technology and Regulatory Technology started in October to examine opportunities for the Australian sector.

  • It had finished its last round of public hearings in February.

  • Now, submissions have been reopened until 10 April.

What does this mean?

The Select Committee says that the economic and financial environment in Australia has “changed dramatically” due to the global pandemic. It hopes to find out the best courses of action in the sort, medium and long term, both to support the industry and find new solutions that can be delivered by the government and private sector.

Read more here.

 

More in FinTech

US FinTech Affirm prepares IPO at up to $10bn valuation  
FinTech
August 03, 2020

US FinTech Affirm prepares IPO at up to $10bn valuation  

Unicorn Affirm is preparing for an IPO with a valuation of anywhere between $5bn and $10bn, the Wall...

Transferwise reaches $5bn valuation
FinTech
July 30, 2020

Transferwise reaches $5bn valuation

UK FinTech TransferWise is now worth $5bn following a secondary share sale. In Brief: I...

Revolut launches price comparison service in UK  
FinTech
July 29, 2020

Revolut launches price comparison service in UK  

Revolut has launched a new platform allowing its users to access prrice comparison te...

FinTech
July 29, 2020

Unleashing the potential of FinTech in banking

The FinTech industry attracted over US$13.1b in VC-backed investments in 2016, about five times...

FinTech
May 27, 2020

West Midlands FinTech Ecosystem Report 2020

This report focuses primarily on the activity in the geographical area covered by the West Midlands...

FinTech
May 27, 2020

Fintech Banking Spotlight on Capital Structure

Fintech Sector: Capital Structure Observations • As the global economy starts to digest the...

The Search - United Kingdom

The Search - United Kingdom

When: Aug 05th, 2020
Where: Webinar, London , UK
Price: FREE
FinTech North Manchester Vulnerable Customers Forum

FinTech North Manchester Vulnerable Customers Forum

When: Sep 18th, 2020
Where: Webinar, London , UK
Price: FREE
FinTECH4Life

FinTECH4Life

When: Nov 16th - Nov 17th, 2020
Where: The Brewery, London
Price: £999