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senate

Luke Raven, Compliance Manager with Wise, Australia, outlines the failures of the Senate Committee on Australia as a Technology and Financial Centre to come to terms with one of Australia's pet technology topics: fintechs.

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Last year it was FinTech. 2018 was scheduled to be the year of RegTech but the crazy inflation in the value of crypto-currencies at the end of 2017 hijacked that and this year became the year where no sentence was complete without the word "blockchain" somewhere in it, or so it seemed. But the love affair is already turning sour as reality sets in and the buzzword junkies are at last being shown for what they are: opportunists who will be onto the next big thing as soon as someone tells them what it is.

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hahagotcha