PSD2 – the slow burn on bank valuations

Alex PollakFeatured, Press

banks pressure

Not really discussed in all the coverage on fintech in Australia is the impact of the Revised Payment Service Directive (PSD2) in the UK and Europe, forcing banks there to open their platforms to non-bank service providers from next year. PSD2 will break these banks’ monopoly on their users’ data. It … Read More

Why the ‘technology eats jobs’ argument is wrong

Alex PollakFeatured, Press

tech pic

Adrian Turner nailed it yesterday at the AFR Summit, saying that 40 per cent of Australia’s jobs will disappear in 10 years. “The fourth industrial revolution is under way and the winners will be so far ahead of the losers, Australia has no choice but to pivot to the new … Read More