A few years in the making, now Australia's Australian Securities Exchange (ASX) is live with Synfini - its distributed ledger technology (DLT) as-a-service platform.
The premise is to offer multi-party services through the platform including automated consent management and data sovereignty with each party permissioned on the ledger according to specific security and privacy requirements.
Could this regtech/ fintech innovation see more applications of distributed ledger technology and faster business workflows? Already KPMG is building onto the platform the NSW government building assurance solution (Broadridge)
The Fintech sector is battening down the hatches as rising interest rates & inflation have put the brakes on investment in the space.However, in amongst the gloom there are some positive stories emerging.Parpera - the banking app for sole traders and small businesses - recently re-launched with a raft of new solutions, having previously been forced into pausing operations as their core banking providing ceased trading.At the recent Fintech Australia 'Intersekt' conference, Parpera founder Daniel Cannizarro sat down with Ben 'Fintech' Ford to discuss both his own & Parpera's roller-coaster journey to date.https://www.youtube.com/watch?v=y65SSTdt_Zc&list=PL4ITSyTPE_IvPIXDNcQ4Fnwvu-xpIhRXM&index=37