Fintech Chatter: Insights From Fintech Leaders cover image

Clearscore, Stephen Smyth

Fintech Chatter: Insights From Fintech Leaders

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Facilitating Access to Credit with Open Banking and Flexible Regulations

This chapter discusses the role of open banking and regulations in facilitating access to credit in Australia. It highlights the challenges of rigid lending practices based on income and credit history, and emphasizes the need for flexible regulations to support lenders in serving self-employed and irregular income individuals. The conversation also touches on the struggles faced by small businesses and the underserved areas of business lending.

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