Treasurer Scott Morrison on how fintech will enable the successful transition of the economy

"At the recent World Economic Forum it was noted that 90% of the data we use today has been created in the past two years. The ability of new technology to capture and process data, in real time, is changing how business is done, how products and services are conceived in the new economy and the way consumers participate in this process. Financial technology – or fintech – is lubricating this transformation. The catalytic impacts of fintech and its potential to unleash a new era of competition, innovation and job creating productivity in our economy is inestimable at this point and very worthy of encouragement." Read more

StartupSmart 11 Mar 2016