Fintech
Exclusive
Small business
Wine to banking: government looks to $260b blockchain opportunity
A long-awaited paper on Australia's blockchain strategy has singled out wine, banking and education as key focuses.
- by Emma Koehn
Latest
Afterpay Touch Group
'We compete with Google, Facebook': Afterpay chief rejects calls for RBA regulation
Afterpay says it should not be viewed as a payment system, as it also competes with Google and Facebook to generate leads.
- by Clancy Yeates
Afterpay Holdings
Afterpay to front Senate inquiry probing fintech regulation
Afterpay boss Anthony Eisen is among a string of high-profile chiefs expected to front up to an inquiry into the financial technology sector.
- by Jennifer Duke and Clancy Yeates
Banking products
Savings flow to neobanks as Xinja's deposits hit $100m
Neobank Xinja says it has gathered $100 million in deposits in less than three weeks, surpassing its internal targets, as digital startup banks step up their attack on the big four.
- by Clancy Yeates
Start-ups
Superannuation fintech Sargon faces trouble
The superannuation software hopeful faces an uncertain future after a Chinese creditor called in administrators for its holding company.
- by Emma Koehn
Banking products
Inquiry to consider calls for 'screen scraping' ban
A Senate inquiry will weigh the benefits of an 'inherently unsafe' technique that involves consumers sharing their banking user names and passwords with third parties.
- by Clancy Yeates
Home loans
Canberra urged to join the data sharing action
The country's biggest bank says loan approval times could be 'significantly' improved if the government made it easier for borrowers to share their tax information.
- by Clancy Yeates
Superannuation
'Better prices for customers': Funds, Westpac back push for 'open super'
Superannuation lobby groups and Westpac have supported a Productivity Commission proposal to extend the 'open banking' initiative to the retirement savings sector.
- by Clancy Yeates
Superannuation
APRA could oversee Facebook's controversial cryptocurrency play Libra
Mark Zuckerberg wants customers to be able to spend Libra through a Facebook-owned digital wallet, Calibra.
- by Clancy Yeates
Open banking
Open banking and rise of fintechs to disrupt big banks' 'rivers of gold'
Fintechs are ready to pounce on the big four's customers as a new regime spurs more competition and potential profit headaches for the majors.
- by Clancy Yeates
Start-ups
Sezzle rebounds as path to Californian lending licence flagged
Sezzle shares have surged 40%, clawing back much of the ground lost after a California regulator accused the buy now, pay later outfit of illegal lending.
- by Emma Koehn