FinTech Voice, August 29, 2024

Hi FinTech Community,

I'm so excited to introduce Katie Wilson, our new Head of Policy at FinTech Australia. In her role, Katie will facilitate industry relations with government, lead submissions, and work closely with our members to shape our position in various regulatory issues.

Intersekt is just 3 weeks away. Here's the 2-day program and speakers that will be taking the stage this year. Secure your spot today and don't miss our newest initiatives & crowd-favorites

See you all there!

As an update for our International Delegation to Singapore FinTech Festival 2024, we will not be proceeding with the Team Australia Pavillion this year.

As such, the cost of the program will be reduced from $4,000 to $600 (+GST) on top of the discounted ticket. If this or any other delegations around the same time to Hong Kong and Taipei are of interest, please fill out this EOI or contact Brandon Saputra for more information, 

Kind regards,

Rehan D’Almeida,

Chief Executive Officer,

FinTech Australia


Policy Update

Feedback sought: Senate Inquiry into Lending

FinTech Australia will be preparing a submission in response to theSenate Inquiry into lending and home ownership, with a focus on how lending regulation could be reformed to help first home buyers into a home.

We will circulate further information to our Lending Policy Working Group and invite any interested members to contact our policy team about contributing to our submission before consultation closes on 26 September 2024.

Feedback sought: Draft submission to 'CDR Rules: Consent and Operational Enhancement Amendments' Consultation Paper

FinTech Australia is seeking feedback on a draft submission to Treasury's consultation paper, CDR rules: consent and operational enhancement amendmentsbefore consultation closes on 9 September 2024. Last week we had an initial group discussion with members and have developed a draft submission based on this feedback. If you would like to provide input, please contact ourpolicy team.

Revitalising National Competition Policy Consultation

Treasury has released a consultation paperon options for revitalising the National Competition Policy (NCP). Feedback is sought on updating competition principles and reforming institutional and governance frameworks to better support current and emerging competition issues.



Fintech Australia does not propose making a submission but pleasereach outif thisconsultation is of interest.

We are working on submissions to:

  1. Consumer Data Right Rules: consent and operational enhancement amendments consultation

  2. Senate Inquiry into lending and home ownership

We recently made submissions on:

  1. Reforming Australia’s AML and CTF Regime

  2. Review of Australia’s Credit Reporting Framework

  3. Credit Reporting Code variations consultation

  4. Buy Now Pay Later regulatory reforms

  5. NSW Innovation Blueprint

  6. ACCC Designated Complaints determination

  7. Inquiry into Payments Systems (Regulation) Act amendments

  8. Payments System Modernisation (Regulation of Payment Service Providers) consultation paper

  9. 2024–25 Pre-Budget submission

  10. Regulating Digital Asset Platforms - Proposals Paper

See our recent submissions on our website.

FinTech Australia regularly makes submissions to consultations across a wide range of policy and regulatory issues. Communications about how to get involved in these processes are distributed to our Policy Working Group membership.

Lastly, thank you for the warm welcome from our community members as I step into the new role. I'm looking forward to meeting with many of you at Intersekt, but please feel free toreach out to medirectly anytime for support.

Kind regards,

Katie Wilson,

Head of Policy,

FinTech Australia


Upcoming Events

Get excited for events and opportunities from FinTech Australia and the community!

  • Intersekt Festival is happening on the 18 -19th of September this year! Join us for our most exciting sessions this year:

> [Pre-Intersekt Event] International Delegates Program — Exclusive for international delegates.

> [Pre-Intersekt Event] Global Pitch Night & International Mixer — Submit applications by Sep 11, 2024.

  • FEATURED INTERSEKT SESSIONS

> Fintech Connect Program supported by AWS — designed to deliver on the number one request of AWS’ top FinTech startups and scale ups: accelerating their go-to-market initiatives to secure new FSI customers within Australia and abroad. Submit EOI by Sep 11, 2024.

Fintech 50, A Pitch Extravaganza — Submit applications by Sep 11, 2024.

> Investor to Founder Matching — Exclusive for early and growth stage founders and investors.

> Networking Dinners

Check out our high-level agenda for more.

Opportunities to not miss

  • Are you an early-stage startup focused on innovating the sustainable fintech industry? Startupbootcamp have opened applications for the Sustainable Fintech Program and it might just be the next step for you! Apply today.

  • Join the Global Fast Track Program from Hong Kong Fintech Week and meet 100+ investors and corporates to scale up your business business in Asia and beyond through business matchmaking and mentorships. Reach out to us.

  • If you are interested in any other international delegation opportunities including Hong Kong, Taipei, Singapore and more, please see here.

For more events from the community, see here.


Community Updates

Don’t miss all the news and insights from our members and corporate partners from our newsroom.

  • Spenda and Limepay partners with Lessn to scale payment capabilities and accelerate revenue growth. Read More.

  • Moneycatcha strides forward with two new board appointments and a fresh funds injection. Read More.

  • Ebix Australia now offers Entsia customers accelerated accreditation to Ebix Sunrise Exchange. Read More.

  • Bizcap is Named a Best Place To Work in 2024. Read More.

  • Shift Closes $AUD35m Series D Equity Raise. Read More.

  • GBST and Barnett Waddingham renew long-term Composer contract. Read More.

  • Budgetly Expands Digital Payment Offerings with Latest Innovation: Bill Payments. Read More.

  • One Click Life YTD Revenue of $3.9 million Exceeds Entire CY2023. Read More.

For more news from the community, see here.


New Members

Let's welcome FinTech Australia's new members! 🎉


FinTech Australia's Podcast

Listen to the challenges, opportunities, and stories from our community faces across the fintech industry in Australia! 🇦🇺


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