Fintech

What Australian Open Banking needs in 2025

- January 2, 2025 3 MIN READ

2024 was a pivotal year for Australian open banking. While Australia is seen as an open banking leader, its CDR regime has been criticised for issues including quality of data, slowness of adoption, cost of execution and cumbersome user experiences. This led to Assistant Treasurer and Minister for Financial Services Stephen Jones announcing a CDR… Read more »

money plant grow
Fintech

How open banking is helping fintechs thrive

- September 1, 2021 3 MIN READ

The fintech ecosystem is booming and is showing no signs of slowing down. Research from KPMG showed that, despite being in the middle of a pandemic, there has been an increase in the number of fintechs active in Australia, with 733 FinTechs recorded. Investment in Australia’s FinTech sector has also soared, with US$1.4 billion invested… Read more »