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Investment in Australia’s fintech sector smashed previous records in 2019, increasing by 252% to $2.9 billion, according to the bi-annual report on global and regional fintech investment trends published by KPMG.
Global digital money transfer transaction volumes will reach 2 billion by 2024, up from 1.1 billion in 2019, according to a new report.
Australian software consultancy ThoughtWorks has appointed banking industry veteran Vic Wolff as its new director of financial services.