Digital Finance Reform Could Add Billions to Australia's Economy, New Research Shows

Billions in economic gain could be achieved if Australia develops a strategic approach to innovating its digital finance sector, according to new research revealed at the Australian Digital Economy Conference held on Monday at the Gold Coast, Queensland. Mapping specific opportunities across financial markets, the study found that foreign exchange emerged as the most significant opportunity, estimated at approximately US$4.8 billion annually, followed by cross-border payments at US$7.6 billion....