Why the Australian Fin-Tech sector deserves support during the fallout from COVID-19.

Our team has produced a short report which highlights the benefits to Australian ADIs from adopting a multi-cloud strategy. The report...

Cryptocurrencies are here to stay, but as with most ground-breaking innovations, they have the potential to do both harm and good. FinTechs and ADIs must tread with care. Shaking up the finance world, cryptocurrencies do not physically exist as coins or notes and are not issued by a country's central bank. Instead, they are digital tokens. Bitcoin is the most well-known cryptocurrency, but far from the only one in operation. The potential social harm of cryptocurrencies One o

Gen Advisory's view is that cryptocurrencies are here to stay. Our firm is excited to announce a strategic partnership with Merkle Science - a Singapore-headquartered blockchain transaction monitoring solutions company. This partnership enhances Gen Advisory's ability to provide end-to-end AML-CTF support to cryptocurrency providers and exchanges in Australia. Read our joint press release here: https://bit.ly/2TQ67sZ

The role of an AML Adviser is crucial. It involves creating and developing strong systems and controls to protect Reporting Entities from...

Article published in the Australian Financial Review on 7 September 2020. Author: Adam Turner (journalist). Lending and payment providers...

The Australian Government's Enhanced Regulatory Sandbox (ERS) lets FinTechs test unlicensed, innovative financial products in a protected regulatory environment. Launched by the Australian Securities and Investments Commission (ASIC) on September 1, 2020, the ERS supersedes the previous regulatory sandbox introduced in 2016. ASIC Commissioner Cathie Armour says the regulator's ERS guidance will help businesses understand how the new sandbox works, including their obligations

The Gen Advisory team recently delivered a presentation titled: "FinTech Licensing: An overview of potential ASIC and APRA licensing...