FinTech Voice March 24, 2022

We’re 6 days away from closing Finnies applications! Submit your applications for the Finnie Awards 2022 before 30 March 2022. Please reach out to us if you have any questions or are looking for sponsorships.We’re excited to see all the in-person events kicking off again. Blockchain Week 2022 has kicked off this week with much fanfare! Also, don’t miss the #AccelerateRegtech2022 event from April 5th.We’re also hosting our own roadshow to share FinTech Australia’s agenda and goals, and connect with members and partners. Our first one is scheduled for April 7th in Adelaide, following the second meetup on 27th April in Sydney. Limited seats for the events. We will then head to Melbourne and Brisbane. We look forward to meeting you all in person. Limited seats for the event.The treasury department’s consultation paper on the blockchain industry is a huge step forward by the government to embrace emerging technologies.Policy consultations are ramping up and we are engaging with members for our submissions. The key consultations include the Digital economy regulation settings, the Crypto asset secondary service providers: Licensing and custody requirements and the Statutory Review of the Consumer Data Right. More details about each are mentioned in the advocacy section.Interested in the Middle East market? Join us with Austrade to present a webinar for Australian companies looking at the Middle East market.Finally, we welcome our newest member this fortnight - WAGEPAY PTY LTD and YONDR MONEY

Regards,

Andrew Porter,CEO,FinTech Australia

Join the webinar where Giesecke+Devrient will discuss global eco-innovation insights and activity to enable a greener payments journey. Strategic partnerships that are driving enormous positive changes; including cleaner oceans, lower carbon emissions and evolved recycling will also be discussed.The climate crisis is arguably the biggest challenge facing the world today, causing momentous repercussions for both current and future generations. Consumers are demanding better options in their everyday lives; including from their energy providers, car manufacturers, retailers, and banks. Sustainability is no longer a trend – it’s a necessity.Guest speakers are Lexi Airey, CEO Gateway Bank, Ruediger Vogt, Head of Payment 4.0 at G+D and Carlo Lacota, Managing Director G+D Australia and South Pacific.

Statutory Review of the Consumer Data Right: Issues paper

The paper released on 16 March seeks written feedback on whether the CDR framework is fit-for-purpose to provide benefits for consumers, increase competition, and drive innovation and will inform the Review. It sets out the purpose, Terms of Reference, and context for the review, relevant background on the development of CDR policy and legislation over time, and specific consultation questions. The issues paper can be found here.

Andrew is also meeting with Treasury to share member views on this review.

Australia's digital economy regulation settings

The Morrison Government has opened consultation on digital economy regulation settings to position Australia as a leading digital economy and society.The issues paper sets out some of the opportunities presented by these technologies, and seeks feedback on regulatory issues that may impact innovative businesses, the community and government.The issues paper is available here.

Consultation closes on 22 April 2022 and submissions are to be made here.

Crypto asset secondary service providers via Digital Services Act

On 8 December 2021, the Government agreed in‑principle to recommendations made by the Senate Select Committee on Australia as a Financial and Technology Centre in respect of consulting on a licensing and custody regime for crypto asset secondary service providers.The government is now seeking feedback on the proposals and options outlined in this consultation paper to support minimum standards of conduct by crypto asset secondary service providers and safeguards for consumers.This consultation closes on 27 May 2022.

The Taxation Board have also released their terms of reference for their Review of the Tax Treatment of Digital Assets and Transactions in Australia.

💹 Stand with Ukraine by working with some of their best design and dev teams on your upcoming projects. In a situation that feels bigger than all of us this is an opportunity to support other professionals and their families, where in some cases they may be forced to live on a single income. Visit here to know more.

📊 RSM is hosting an interactive webinar on Federal Budget 2022-23 to discuss the measures on budget and the challenges and opportunities for Australians - business, economic, taxation and political implications of this year’s budget. Visit here to know more🤝🏻 FinTech Australia and Austrade are pleased to present a webinar looking at UAE Fintech Opportunities. Tune into the webinar targeting Australian companies interested in the Middle East market. Visit here for more info🤝🏻 Trevipay is hosting a webinar - Scaling the Summit: The Future of B2B Payments. Some industry leaders will share how companies can get ready today for the future of B2B payments and the massive opportunities it presents from analysis of his latest research - 12 April 2022. Register for the event here📱 As part of the Global Investment Futures campaign and in collaboration with the Investment Association, the City of London Corporation and the Department for International Trade, the IA Engine is hosting an in-person event. The conference will showcase the latest thinking on the technological opportunities within investment management - 28 March. Register here🧾 Join Accounting Business Expo: 1000s of accounting and finance professionals will unite at the ICC in Sydney to learn how new digital accounting technologies will boost their efficiency, effectiveness and profitability - 28 - 29 April. Register here💰 FinTech’s biggest conversation, Money20/20 Europe is back to Amsterdam this 7 - 9 June 2022 - place where the fintech community loves to do business and this year it’s bigger, sharper and giving unparalleled show experiences. Visit here to know more and register. Discount code - FIN200

📈 The 5th annual edition of The RegTech Association's #ACCELERATERegTech2022 is here. An entirely virtual event with Global Growth Corridor theme will have a clear thread of ESG throughout the topics and discussions - 5-7 April 2022. Check out for more here

Don’t miss all the news and insights from our members and corporate partners from our newsroom.
  • EPAM: Panos Archondakis, Global Head of Banking and Wealth Management at, shares his predictions for Consumer Banking trends in 2022
  • ASL partners with Till Payments to bolster payments innovation in Australia’s banking sector
  • Endava published a spotlight report on the 4 Key Trends that can be expected in Australian payments over the next 5 years.
  • Shift announced the latest release of Shift Connect, focused on giving brokers access to client insights and data
  • Driva, Car Finance Platform doubles down with $6m growth round
  • Tango Energy partners with HelpPay to offer new payment solution
  • Australian fintech coaXion closes $2.65M in Pre-Series A funding
  • Paypa Plane has received approval to connect directly to the New Payments Platform (NPP) as a Connected Institution
  • Radium Capital backs deep tech with Cicada Innovations deal
  • A new report by Temenos says AI Adoption matures as banks transform customer experience and drives new business models
  • Link4 recently expanded their business to Sri Lanka to support sales, marketing and technical support activities
  • Shift recently announced $150 million ABS transaction
  • Cloud banking platform Mambu recently released a report on Small Business, big growth.
  • BTC Markets have launched their new BTC Markets App. With the advent of this app, you can now trade crypto anywhere, anytime.
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