News & Analysis

NZ anti-money laundering startup First AML raises $7.3 million in Series A

- September 16, 2020 2 MIN READ

New Zealand anti-money laundering tech startup First AML has raised AU$7.3 million in a Series A round. The raise was led by US-basedBedrock Capital, with support from existing investors including Pushpay founder Chris Heaslip and Icehouse Ventures. It’s Bedrock Capital’s first APAC investment. While Australia’s big four banks have regularly fallen foul of regulators over… Read more »

News & Analysis

ACS tells Senate inquiry there’s a $16 billion pot of gold for the financial sector if it embraces fintech AI

- March 3, 2020 3 MIN READ

The fintech sector has the potential to deliver up to $16 billion in efficiencies to the financial industry via artificial intelligence, new research commissioned by the ACS reveals. The IT sector professional body recently presented the research by AI analytics firm Faethm to a Senate Select Committee investigating fintech and regtech ACS CEO Andrew Johnson… Read more »

News & Analysis

Founders respond to the Senate’s fintech and regtech issues paper

- October 25, 2019 5 MIN READ

Liven co-founder Grace Wong The Australian Senate’s Select Committee on Financial Technology and Regulatory Technology released an issues paper  this week ahead of its inquiry into the sector. The committee will look at the size and scope of the opportunity for Australian consumers and business arising from financial technology (fintech) and regulatory technology (regtech); barriers… Read more »

Insights

Regulatory technology could fast-track banks to salvation

- April 15, 2019 2 MIN READ

Bill Gates once said that a company’s most unhappy customers are the greatest source of learning. As the dust settles on the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, many disgruntled and disillusioned Australians will be hoping this proves true, and that after a decade of scandal the banks might finally learn their lesson and play fairly with their customers.