Antitrust Antitrust

Comment: National Australia Bank's move on 86 400 will place fintech at center stage

By James Panichi
  • 02 Feb 2021 00:56
  • 02 Feb 2021 22:42
You’ve got to hand it to National Australia Bank. Two months and two days after Australia’s top antitrust official said that he saw established banks acquiring fintech startups as a terrible outcome for innovation, NAB announced that it was doing just that.

It was a gutsy move. Not only is NAB’s acquisition

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James Panichi

Senior Editor, Asia Pacific

James, an Australian journalist with over 25 years’ experience in print and electronic media, helps to oversee MLex’s coverage of regulatory risk in Asia, with special attention to Australia and New Zealand. In 2016, James was appointed as MLex’s managing editor for continental Europe, overseeing the Brussels bureau’s coverage of EU regulatory affairs and managing a team of 16 journalists in Brussels and Geneva. Previously James worked for the European Voice newspaper, before joining the European operation of US political website Politico as an investigative reporter specializing in governance, transparency and lobbying.

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