Australia

FinTech Follows Open Banking As It Spreads Across Borders

FinTech Follows Open Banking As It Spreads Across Borders
FinTech Follows Open Banking As It Spreads Across Borders
July 10, 2018  |  B2B Payments

The U.K.’s Open Banking regulation made waves in the financial services market, and those effects have been felt far beyond the U.K.’s — and even...

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Tapping Into Expanding Opportunity
Tapping Into Expanding Opportunity
July 06, 2018  |  Today In Data

While cash was once king on a global stage, digitization is marching forward, and quickly. Case in point: Australia, where cash still has a prominent...

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NEW DATA: Why Australians Haven’t Given Up On Cash
NEW DATA: Why Australians Haven’t Given Up On Cash
July 05, 2018  |  Cash

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Alt-Lenders Vow Transparency After Prospa Backlash
Alt-Lenders Vow Transparency After Prospa Backlash
July 02, 2018  |  B2B Payments

Australia’s alternative finance community has vowed to heighten transparency following criticism over Prospa‘s high interest rates, which caused the FinTech to scrap its initial public...

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Commonwealth Bank De-Merges As New Probe Begins
Commonwealth Bank De-Merges As New Probe Begins
June 26, 2018  |  B2B Payments

Australia’s crackdown of the banking sector continues, this time with regulators’ latest probe into financial institutions’ (FIs) lending practices with small farmers. Get the Full...

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 In Asia, Finance Trade Groups Advocate For FinTech In Regulatory Efforts
 In Asia, Finance Trade Groups Advocate For FinTech In Regulatory Efforts
June 18, 2018  |  Bank Regulation

Financial firms have their work cut out for them when battling the bad guys, trying ensure that funds go where they need to go, and...

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Westpac Ends Prospa Collaboration After IPO Postponement
Westpac Ends Prospa Collaboration After IPO Postponement
June 12, 2018  |  B2B Payments

Days after Australian alternative lending platform Prospa delayed its Initial Public Offering (IPO) indefinitely, one of its bank partners, Westpac, announced it was ending its...

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Law Firms Experimenting With AI
Law Firms Experimenting With AI
June 08, 2018  |  Artificial Intelligence

Chatbots are already being used in a variety of industries — and now those in the legal industry are finding ways to experiment with artificial...

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