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How FinTech is Shaping Investment and Asset Management How FinTech is Shaping Investment and Asset Management

The increased interest in fintech management is also contributed to by the high amount of fees charged by active managers who nevertheless are no match for robo-advisors.

Australia’s funds management industry is the largest in the Asian regionAustralia’s funds management industry is the largest in the Asian region

Australia’s funds management industry (also referred to as “managed funds” or “investment funds”) is the largest in the Asia-Pacific region and the sixth largest in the world, according to the survey produced by Washington-based Investment Company Institute.

Robots, Artificial Intelligence to make many fund managers obsolete: expertRobots, Artificial Intelligence to make many fund managers obsolete: expert

Google is likely to harness its massive financial and data firepower to emerge as a funds management powerhouse, a global finance guru has warned, as artificial intelligence and robots make obsolete many of the world’s highly-paid fund managers.

Australian fintech startups to get access to a “world-leading” regulatory sandbox Australian fintech startups to get access to a “world-leading” regulatory sandbox

June 09, 2016

Early-stage Australian fintech startups will soon be able to access a “world-leading” and “potentially game-changing” regulatory sandbox under new proposals outlined by the Australian Securities and Investments Commission.

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ASIC to build fintech start-ups a ASIC to build fintech start-ups a

June 08, 2016

The corporate regulator will allow fintech start-ups to test their ideas with real customers for a period of six months without having to hold a financial services licence.

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Review of Card Payments Regulation: Conclusions Review of Card Payments Regulation: Conclusions

May 26, 2016

At its 20 May meeting, the Payments System Board concluded its Review of Card Payments Regulation. The Bank has today released the Conclusions Paper and three new standards which will contribute to a more efficient and competitive payments system.

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Credit Cards: Improving Consumer Outcomes and Enhancing Competition Credit Cards: Improving Consumer Outcomes and Enhancing Competition

May 06, 2016

The Treasurer, the Hon Scott Morrison MP, released for public consultation the Government’s response to the Senate Economics References Committee Inquiry into matters relating to credit card interest rates.

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Fintech firms freed to compete with banks, but disruption yet to come Fintech firms freed to compete with banks, but disruption yet to come

March 22, 2016

The Australian government's statement on supporting fintechs, released by Treasurer Scott Morrison yesterday, will accelerate the process of getting such businesses to market.

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