Industry Updates: CDR, international delegations, and the Finnies!

FinTech Australia welcomes the second review into CDR and progress towards a digital economy. Our article in The Australian was published yesterday.

We’re looking forward to our first delegation this year to the UK for Innovate Finance global Summit, in partnership with UKDIT. Around 12 of our fintechs will be travelling for the event and the program has commenced. We have also begun planning a delegation to CB Insights: Future of Finance. All details and your EOI link can be found here. Email Rehan for clarifications. (more…)

Industry Updates: Delegation to the UK and big policy wins!

It’s already mid-February and there is a lot of positive noise about fintech in the community, parliament and the papers. The first of what we hope will be policy inroads for the fintech community passed this week being the Treasury Laws Amendment (2018 Measures No 2) Bill 2019. The bill allows for the regulatory sandbox to be expanded and for an increased testing period to help fintechs create a minimum viable product to take to market.  Thank you to everyone that has been involved in getting this important piece of legislation passed.

We have so much on the horizon to look forward to – from the Senate Inquiry hearings to two roundtables with Treasury, Regulators and members, and two new submissions. (more…)

Industry updates: Flagship event opportunities, new MOU with Israel and Geneva and more!

With bushfires still devastating the country, I would like to recognise some of the measures that our members have taken to support those in need.

Intuit has pledged $1,000,000 USD to help with relief efforts and implemented donation matching through the We Care and Give Back program. NAB Bank has also given all employees an additional day of annual leave to be spent in a bushfire affected town. (more…)

FinTech industry updates: Issue paper submitted, FA got a new website!

Welcome back to 2020, I hope that everyone had a great end of year break with friends and family.
 

However, I want to touch on a more serious note. Over the break, many families suffered an extreme amount of devastation across the country as a result of the bushfire disaster.

I encourage everyone in the community to do as much as they can to support those in need. Whether that is helping at a food/supplies drive, volunteering at a relief shelter or donating.

To assist in this, FinTech Australia has collated a list of links to help steer any volunteering or donation efforts to where they are needed.

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Fintech industry updates: Issues paper update & dates for next year's finnies and intersekt


It’s the last month of the year and we’re not slowing down just yet. The Senate Committee Issues Paper is still our highest priority and we thank all our members who provided their inputs. Through the submission we aim to deliver a clear outcome and help our politicians create a policy environment that will help the sector thrive.
And finally…
Rehan and I will be catching up with our members in Melbourne and Sydney in January to hear about success stories, challenges and other service offerings we could develop to maximise value from being members. If you wish to become a member of FinTech Australia, please email rehan to schedule a meeting. We’re also open to suggestions via email. (more…)

FA industry updates Nov 21, 2019


Yesterday we held our Roundtable on the Select Senate Committee Issues Paper in our three live locations and over teleconference, with our members and policy partners.I would like to thank everyone who participated in the discussion and added notes to our submission document; the input was invaluable to craft the first draft.

A structured draft will be provided to members by Thursday 28 November, for their comments, feedback and review.The paper will be used by the government to drive policy around a wide variety of issues that affect Fintechs, from the R&D tax incentive to Open Banking and fostering innovation through flexible regulations. More on this below. (more…)

FA industry updates October 24, 2019


Intersekt 2019 was a resounding success. This year, we had over 500 delegates attend over the week and over 130 presenters and panellists participating in the festival. Our seven satellite events allowed for agreater degreeof engagement with their respective topics and our industry dinners & cocktail functions fostered an informal environment for relationship creation and networking.This conference would not be possible with our sponsors and partners, and I would like to personally thank them for their support. I would also like to thank my team, Rehan, Lisa, Brandon, Harrison and Amy for all your efforts. (more…)

Updates in the fintech industry October 24, 2019


Intersekt 2019 was a resounding success. This year, we had over 500 delegates attend over the week and over 130 presenters and panellists participating in the festival. Our seven satellite events allowed for agreater degreeof engagement with their respective topics and our industry dinners & cocktail functions fostered an informal environment for relationship creation and networking.This conference would not be possible with our sponsors and partners, and I would like to personally thank them for their support. I would also like to thank my team, Rehan, Lisa, Brandon, Harrison and Amy for all your efforts. (more…)

Updates in the fintech industry September 19, 2019


Last week, the Government announced a Select Senate Committee for FinTech which will be led by the honourable Senator Bragg. We applaud the government for taking a wider view and looking to other markets which has been something FinTech Australia has advocated for, especially given Hong Kong and Singapores National Strategy for fintech. In addition, we hope that the enquiry leads to better fintech awareness leading to increased consumer adoption for our members. (more…)

FA industry updates September 19, 2019


Last week, the Government announced a Select Senate Committee for FinTech which will be led by the honourable Senator Bragg. We applaud the government for taking a wider view and looking to other markets which has been something FinTech Australia has advocated for, especially given Hong Kong and Singapores National Strategy for fintech. In addition, we hope that the enquiry leads to better fintech awareness leading to increased consumer adoption for our members.

(more…)