Tag: Australian Prudential Regulation Authority (APRA)

Avenue will be able to operate as a Restricted Authorised Deposit-taking Institution (RADI) until September 7, 2023, under the terms of the licence. 

The Australian Government’s proposal to make it easier for digital-first challenger banks to compete against industry incumbents is could be improved, according to the peak body for fintech startups.   FinTech Australia has lodged a submission with the Australian Prudential Regulation Authority (APRA) in response to its discussion paper, entitled “A phased approach to authorising new entrants to […]