FinTech Voice November 18 - Sponsored By Envestnet | Yodlee

With the recent launch of our regulatory map and investors map, it’s been a big fortnight of new developments and announcements from the industry and our organisation. While we continue to support the industry and keep up our pace with the new and ongoing submissions and collaborations, we look forward to our upcoming webinar on Vietnam fintech landscape and opportunities for Australian fintechs in association with Austrade on 30 November - 3 PM (AEDT). Register early and be a part of the discussion highlighting Vietnam Fintech market overview.We are also happy to announce that Cloud technology provider DNX Solutions has joined FinTech Australia’s corporate partnership program - helps foster relationships with the fintech industry’s key players and help companies better collaborate with the sectorIn terms of policy, we continue to be involved in several consultations this week, including the ACCC's draft information security self-assessment form, ASIC's final review of the ePayments Code following on from CP341 last year, and the Attorney-General’s follow-up review of the Privacy Act.We are excited for our upcoming webinar in association with Austrade on Making the jump: Australian Fintechs Taking on the US on 3 December - 9 AM (AEDT). Learn more about the US market regulations, trends and opportunities as it relates to fintech exporters. Register for the event here.If you have queries or require any additional information, the team is always available.Finally, we welcome our growing member base with new members - DEDOCO and PANDA REMIT. Regards,

Rehan D’AlmeidaHead of Partnerships and MarketingFinTech Australia

Financial data aggregation leader, Envestnet | Yodlee has been granted active status as an Accredited Data Recipient and Intermediary under Australia’s Consumer Data Right (CDR). This means that the organisation is fully equipped and authorised to provide you with access to CDR financial data through open banking connections. They also provide access to non-CDR consumer-permissioned data through responsible data aggregation. With their innovative technology and global experience, they can help you navigate Australia’s hybrid and evolving open banking environment to comply with CDR requirements and your customers’ expectations. Contact them to learn more.

InsurTech Whitepaper

We released our draft to our insurtech policy working group early this month. We will be holding a meeting with our insurtech members shortly to discuss the next steps.

Consumer Data Right - IT Self Assessment form

We submitted to the ACCC on Monday - We are currently seeking member feedback for this review.

ePayments Code Review

We are seeking member feedback for ASIC's final review of the ePayments Code Attachment A - Revised Positions and Rationales, Attachment B - Draft Guidance on Reasonable Endeavours and Attachment C - Accommodating Biometrics

Privacy Act

As a part of review of the Privacy Act, we are seeking member feedback.

💲 FinTech Australia is partnering with FINTECH21, a 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.🔏 BDO and AusCERT presents the Cyber Security Survey that identifies the current cyber security trends, issues and threats facing organisations across Australia and New Zealand. The 10-minute survey will provide you an opportunity to sense check your organisation’s approach to cyber risk - Closes at midnight on 3 December 2021👩🏻‍🎓 The demand for digital skills is growing, and the Victorian Government’s new Digital Jobs program is helping build Victoria’s digital workforce to help businesses thrive. Over the next three years, mid-career Victorians will complete a six-month program that includes 12 weeks of industry-backed training followed by 12 weeks in a paid digital job with a Victorian business. Some of the state’s top employers will host candidates, including ANZ, Carsales, Zendesk, Amazon and MYOB.If you are searching for great people with digital skills, learn more and apply now 🇮🇳 Fintech OI is offering a 3-month virtual program - The India FinTech Market Access Program which will focus on possibilities of developing an India strategy for your FinTech venture, with the help of local experts. Learn more about the program and apply today!

🇺🇸 FinTech Australia and Austrade are pleased to present a webinar highlighting the US market regulations, trends and opportunities as it relates to fintech exporters. Register today for Making the jump: Australian Fintechs Taking on the US - 3 Dec🇻🇳 FinTech Australia and Austrade are hosting a webinar on Vietnam fintech landscape and opportunities for Australian fintechs. Register early for the discussion on 30 November 💹 Join a cohort of professionals passionate about the real applications of blockchain for their businesses with Joshua Gans and ScholarSite. Register for The Economic Potential of Blockchain webinar. Use the code BCW21FINTECH5 for 5% off the price of your seat.

Don’t miss all the news and insights from our members and corporate partners from our newsroom. GBST wins the IBS Intelligence NeoChallenger Bank Award with its term deposit comparison calculator Visa invites startups in Asia Pacific to build next generation digital payment capabilities DNX Solutions joins FinTech Australia corporate partner program Australia’s first neobank Volt has partnered with Australia’s first Open Banking intermediary, Frollo, to jointly build and launch a new banking-as-a-service (BaaS) app Archa partners with Uber and Mastercard to help get businesses moving again WeMoney, recently expanded its offering to now allow members to track their cryptocurrency holdings in app, integrating crypto exchange Coinspot BDO and AusCERT presents the Cyber Security Survey that identifies the current cyber security trends, issues and threats facing organisations across Australia and New Zealand Envestnet | Yodlee launched their whitepaper to show continued evolution of Open Banking models in Australia and how hybrid service models can speed the process for service providers The merger of Assembly Payments launches its new brand – Zai, creating a new force in Australian financial services Australian Open Banking provider Frollo has published the second edition of its yearly industry report, ‘The State of Open Banking 2021’ TrueLayer appointed Rob Hale as Head of Banking in Australia as local growth continues to accelerate Using data science, Koba Insurance is set to revolutionise insurance Airwallex, a global fintech platform, recently announced at Singapore FinTech Festival that its Singapore entity, Airwallex (Singapore) Pte Ltd, has been granted a Major Payment Institution License by the Monetary Authority of Singapore (MAS) under the Payment Services Act London-based open banking pioneer, TrueLayer officially launched its open banking platform in Australia in September 2021 In continuation to the “Digital Bank of Tomorrow” thought leadership series, Temenos recently launched its part two - ”Missing Measures of Digital Success” White Paper MyState Bank Selects Temenos for its Digital Banking Expansion in Australia Envestnet | Yodlee recently announced several changes and key hires to the Sydney-based team to help support company’s continued expansion in the region Dacxi and ABC Bullion form unique supply and vaulting partnership to disrupt precious metal investing in Australia Consumers lay down a US$250bn challenge to financial institutions as they seek more flexible, customized digital products, according to research commissioned by EpisodeSix Basiq and Ernst and Young have collaborated to write a comprehensive white paper looking at the future of write access in Australia Global research report by cloud banking platform, Mambu shows Australian consumers have embraced Buy Now Pay Later but remain cautious of cryptocurrency Smart wealth platform Tanggram appoints Chief Product Officer and Head of Marketing Lensell, the AI-based Corporate Performance Democratisation platform, has announced the integration of their flagship application, Diversiview, with the award-winning cloud investment portfolio tracking Solution, Sharesight

FinTech Australia has put together a new list naming local investors in the sector, including venture capitalists, angel funds, crowd funders and incubators The Senate Select Committee on Australia as a Technology and Financial Centre (Committee) released its final report Australia-based businesses interested in managed KYC services Commonwealth Bank of Australia (CBA.AX) will become the country's first main-street bank to offer a platform for retail customers to trade cryptocurrencies