Blogs

Having emerged from COVID-19 in better shape than most global players, the Australian fintech sector has the opportunity to truly make its mark.

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As the pandemic accelerates digitalisation, issuing digital forms of fiat currencies is at the forefront of many central banks’ plans. Termed central bank digital currencies (CBDCs), APAC is leading the charge in this space with active pilots and research on the technology by financial institutions and regulators across the region.

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More Australians have sprung into the world of online shopping after coronavirus restrictions and store closures last year accelerated the uptake of e-commerce.

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Amid uncertain market conditions caused by the COVID-19 pandemic, Australian businesses are coming to realise the value of one of their primary assets: customer data.

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One of the main appeals of crypto is its ability to make money transfers and payments universally accessible to anyone no matter where they are in the world. So it comes as no surprise that the decentralised finance (DeFi) or the open finance movement has begun to gain traction among budding investors.

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