FinTech Voice March 23, 2023

Hi Community,

Thank you to all the fintechs who submitted their application for the Finnie Awards. It was another record year with more than 300 applications and its now the task of the esteemed judges to score what I'm sure are really strong applications.

Last week, we organised an industry breakfast roundtable with Wentworth's Independent MP, Allegra Spender and Block CFO, Amrita Ahuja. The roundtable was hosted by our Policy Partner, Hannah Glass from King & Wood Mallesons and covered everything from the Australian and US ecosystem, the importance of establishing the right regulatory settings, as well as the importance of trust in service providers. Thank you to all our members who participated and contributed to the discussion.

Kind regards,

Rehan D’Almeida,

General Manager,

FinTech Australia

Policy Update

Consultation on the 2023-2030 Australian Cyber Security Strategy

The Department of Home Affairs recently launched a consultation on a new Australian cyber security strategy. Fintech Australia is currently seeking members feedback on the consultation.

We will be working with our members to draft this submission, which closes on 15 April.

Research & Development Tax Incentive

Earlier this week, the Department of Industry hosted a Research & Development Tax Incentive Roundtable. The roundtable discussed several topics including, Advance Finding Pilot Program, Research & Development Tax Incentive and ATO program updates.

Members are also reminded that the R&DTI registration deadline is approaching. The deadline for applicants with a financial year that ended on 30 June 2022 is 2 May 2023.

If you have any questions about the RDTI program, please contact rdti.engagement@industry.gov.au.

Current consultations

We are currently developing submissions to consultations on:

We recently made submissions on:

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.

If you would like to get involved, please check out our GlueUp Platform to register or reach out directly to our policy team.

Events & Opportunities

Enterprise Florida

Join the Enterprise Florida team for a breakfast seminar on expanding your business to the southeastern United States. This free event will allow Australian firms interested in the North and South American markets to learn about the benefits of Florida and how the state assists foreign companies. If your business is ready to explore the American market, find out why the 3rd largest state in the U.S. is strategically located to best suit your needs. Participants will be invited to network amongst each other, AmCham members, Austrade, and with Enterprise Florida before and after the presentation.

Register - Sydney

Register - Melbourne

OneSpan Exclusive Offer!

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Community Updates

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Brokers: Consolidate your collections and partners to accelerate growth with CurrencyCloud
A QnA with Richard Healy, Senior Business Development Manager at Worldpay from FIS®, on Australia's financial services payments space