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The FinTech Report Podcast: Episode 54: Alexandre Chavotier, Co-Founder & CEO, Upworth

The FinTech Report

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Navigating Australia's Banking Landscape

This chapter analyzes the ACCC Retail Deposits Inquiry Report, revealing the dynamics of retail deposits in Australia, where citizens hold around $1.4 trillion in savings. The discussion uncovers complexities around savings and transaction accounts, the impact of limited competition in the banking sector, and the challenges consumers face when trying to secure optimal interest rates. It also introduces Upworth's personal finance platform, emphasizing its role in helping users navigate the banking system through financial data aggregation and enhanced transparency.

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