FinTech Voice December 16 - Sponsored by Asian Financial Forum (AFF)

It’s almost the end of 2021! We’ve accomplished a lot together and we are committed to advocating for the industry and building opportunities for collaborations. We thank you all for your amazing support and feedback.This is the last newsletter for the year as we wrap up before the break. You will hear from us again on January 13, 2021. We wish you a very happy holiday season and prosperous new year.With respect to policy, we have some exciting updates to round out the year! Following our final CDR webinar for the year, we are excited to announce that Federal Government released our Transforming Australia’s Payment System report this week. We have submitted our drafts in relation to the Online Privacy Bill and Government's latest Modern Business Communications consultation.We look forward to continuing our work on the Privacy Act in the new year with our draft submission for the general Privacy Act consultation in mid-January 2022.Our new FinTech Australia Podcast episode on CDR: A Discussion and Introduction released this week.If you have queries or require any additional information, the team is always available.Finally, we welcome our newest member this fortnight - CHIPPER CASH, GREYTHORN ASSET MANAGEMENT, MYLENDA AND HELPPAY.

Regards,

Rehan D’AlmeidaHead of Partnerships and MarketingFinTech Australia

AFF is Asia’s premier platform for global leaders in government, finance and business to exchange insights, intelligence as well as to explore business and investment opportunities. A community of 66,000+ viewers, investors, fintech innovators and entrepreneurs hailing from 80+ countries and regions. The 15th Asian Financial Forum on 10-11 January 2022 will not be one to skip. Don't miss the chance to attend a dynamic event packed with impactful exchanges and showcase of a wide array of next-gen #fintech solutions. Grab the exclusively discounted tickets with promo code JMP47D. Register here.

CDR Report

To see which recommendations from the Future Directions Inquiry were accepted (totalling 94 out of 100 accepted or partially accepted) check out the Government's latest report.

Privacy Act Consultation

We are seeking final pieces of member feedback for the Privacy Act component of this review

We have also submitted the Online Privacy Bill section

Modernising Business Communications Consultation - Technology Neutrality

We have sent in our final submission to the Government

📖 Join the Fintech in Vietnam Program delivered by Asialink Business in association with Department of Industry, Science, Energy and Resources (DISER) and Austrade - a comprehensive online training series for Australian business leaders in the Fintech sector who are exploring opportunities to plug-into Vietnam’s fintech market. Learn more about the program and apply today! Use code FINTECHAUS100 for free registration!

💲 FinTech Australia is partnering with FINTECH21a two-day, two-stream program on Blockchain & Crypto and Fintech Trends. Book your tickets for Australia's largest fintech event of 2022 - 23-24 March 2022. Also, reach out to us for speaking and exhibiting opportunities. Use Code FAU15.

Don’t miss all the news and insights from our members and corporate partners from our newsroom.
  • Visa, the world’s leader in digital payments, recently unveiled a new research showing the case for crypto is getting stronger for financial institutions
  • WeMoney surveyed 1,046 Australians to uncover their thoughts about money and gauge their overall sense of financial wellness
  • Episode Six Co-founder, John Mitchell shared his opinion on Why the metaverse will go far beyond Meta in his recently published article in Nikkei Asia
  • CreditorWatch data: Recovery to take longer than expected; Perth and Brisbane bouncing back quickest
  • Square, Inc. recently announced that it is changing its name to Block. Block will be the name for the company as a corporate entity
  • Open announced as Australia’s 7th fastest growing company in AFR Fast 100
  • Swyftx announced a major two-year partnership with the Brisbane Lions.
  • According to YouGov research commissioned by Dacxi, Australians look to crypto for wealth building as four in ten see real estate as a bubble
  • Monoova and the NPP: Reimagining the real-time reconciliation of Accounts Payable and Accounts Receivable
  • loans.com.au makes car finance faster through connected insurance with Open
  • Thought Machine raises $200m in Series C funding to bring world’s banks to the cloud
  • Openmarkets goes live on GBST’s Australian Retail Clearing Platform
  • MyBond is officially launching its rental bond services with a new website refresh & series of videos demonstrating a cool new alternative to playing rental bonds
  • RSM Australia recently released a report on Australia's R&D tax incentive, timing it with its 10 year anniversary.
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New report highlights the role of fintech in bridging financial divides in Asia Pacific

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Wage advance FinTech, MyPayNow, reaches $500m lending milestone