Industry

Financial services businesses have been slower than other industries to adopt technology as a result of the COVID-19 pandemic, but many have tried digital communication for the first time, new research has revealed.

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The peak fintech industry body has signed on Amazon Web Services and Visa as corporate partners.

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An industry body has said developing local technology and building up the sector’s access to capital should be a focal point for the government.

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The first free trade agreement negotiated between Australia and the UK in over 40 years could see the creation of a passport-style regime allowing fund managers to attract investors in both markets, according to a global asset manager.

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The peak body for the banking industry has inserted a number of changes to its code of practice to extend expected consumer wait times for customer communication as a result of COVID-19.

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