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- Labor delivers budget underweight in tech focused measures
- Hurdles emerge for Aussie fintechs after period of record investments
- A future without SOAs
- CFS launches new adviser people and culture platform
- AMP launches ‘innovative’ new retirement solution
- Finfluencers are often ‘extravagant, misleading and unlicensed’, says ASIC chair
- Advice practices lack ‘deliberate’ tech stack
- Likely Privacy Act changes to impact advisers
- NAB leads $6m funding round for Australian fintech Thriday
- Can technology finally make goals-based advice a reality?
Industry
Financial firms struggling to assess technology risks: report
Sarah SimpkinsThe majority of financial firms’ risk managers in Australia don’t believe they can adequately assess the risk of disruptive technologies, with two-thirds (69 per cent) of executives in a study reporting that new complex risks are emerging more rapidly than their own skills are advancing.
Write comment (0 Comments)COVID-19 supercharges bank disruption
The banking sector is set for sweeping change as new technologies – and regulations – change how banks do business.
Write comment (0 Comments)Fintech regulatory sandbox finalised
The government has announced that it has now finalised its “enhanced” regulatory sandbox, allowing fintechs to test the viability of new products without first holding the required licences.
Write comment (0 Comments)COVID-19 shake-up to last for financial services
Sarah SimpkinsDampened interest rates and a surge in demand for digital services and corporate accountability have been listed among the long-term effects that will linger for financial services providers post-COVID-19.
Write comment (0 Comments)Fintech minister places target on capital
Sarah SimpkinsThe government will be looking at ways to boost private sector investment in the fintech and regtech industry, the assistant financial services minister has said, as the coronavirus pandemic has shaken access to working capital.
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