Updates in the fintech industry September 5, 2019


Over the past two weeks,FinTech Australia heldIntersekt roadshow events at Melbourne, Sydney and Perth. We have thoroughly enjoyed strengthening relationships across the country and look forward to increasing the opportunities for all members. Tonight, we have the Adelaide Roadshow at Lot Fourteen with Prospa, tickets are still available till 4:30pm so get in quick. Next Monday, we will be holding the finale to our roadshows in Brisbane with amber, Cake Equity, Paypa Plane and Suncorp. Registrations and more information in the opportunities section. (more…)

FA industry update


This year, FinTech Australia has made an effort to connect more with the regional fintech hubs across Australia. In line with this commitment, we will be hosting Intersekt roadshows in VIC, NSW, WA, SA and QLD, not only to give you a taste of the key themes of Intersekt 2019 but also to showcase the extraordinary fintech talent present in the country.

The dates for these roadshows are:
Thursday, 22 August Melbourne
Wednesday, 28 August Sydney
Tuesday, 3 September Perth
Wednesday, 4 September Adelaide
Monday. 9 September Brisbane
More details and registrations below.

Ticket sales for Intersekt 2019 have officially opened,Register for Intersekt 2019 here.

Over the last few weeks, we held roundtables in Sydney and Melbourne with the Hon. Senator Jane Hume. This provided a direct dialogue between the startup ecosystem and government, allowing our members to shed light on their challenges, the future of the industry and where they would like to see legislative change. We are now producing a document which will aid Senator Hume in creating a policy roadmap.

We will be holding another roundtable with ASIC on the e-payments code that was submitted earlier this year.

We have completed the Submission to Treasury on Currency

We are looking forward to working with UK DIT on the Australian Fintech Mission to the UK for Lendit Fintech Europe 2019, this September. This is an important step in helping our Australian Fintechs launch in the UK market under the fintech bridge and this year we expect to see 10 Australian fintechs take part in the program.This is the first of many missions and we are looking towards running a mission to Innovate Finance summit in April next year. (more…)

Updates in the fintech industry August 22, 2019


This year, FinTech Australia has made an effort to connect more with the regional fintech hubs across Australia. In line with this commitment, we will be hosting Intersekt roadshows in VIC, NSW, WA, SA and QLD, not only to give you a taste of the key themes of Intersekt 2019 but also to showcase the extraordinary fintech talent present in the country.

The dates for these roadshows are:
Thursday, 22 August Melbourne
Wednesday, 28 August Sydney
Tuesday, 3 September Perth
Wednesday, 4 September Adelaide
Monday. 9 September Brisbane (more…)

Apply for Tech23

Could your company be one of the Tech23 in 2019?

As a truly national forum spanning 11 years, Tech23 brings together the Australian innovation ecosystem to celebrate young companies creating great things with deep tech.

Each year Tech23 selects a cohort of 23 young Australian high-growth companies and introduces them to experienced entrepreneurs, founders, investors and potential customers who are interested in their vertical or technology.

Applications close on 23 August so get in quick!

http://tech23.com.au/2019/

Updates in the fintech industry August 8, 2019


Thank you to everyone who participated in this year’s EY FinTech Census. Your contribution was much appreciated and will help usbuild effective strategies that cater to the ecosystem.We look forward to updating you with the results at Intersekt.

With Open Banking having already reached Australia, I am pleased to announce Head of Regulatory at Open Banking (UK), Nilixa Devlukia, will be presenting at Intersekt 2019. Open Banking (UK) is the implementation entity set up by the UK Competition and Markets Authority to create innovative technology, data standards and the governance structures that enabled the United Kingdom to implement Open Banking. We have a few sponsorship packages still available, contact meor Rehanif you are interested. In response to feedback to last year’s Intersekt, we will be having dedicated B2B and B2C exhibition spaces available. These are great ways to increase your brand awareness, acquire new customers and establish your market leadership. Reach out for more information.

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Updates in the fintech industry July 25, 2019


The 2019 EY FinTech Australia Census is open. Thank you to everyone who has filled out the survey so far. The census gives us hard data and credible insights to back our advocacy work to drive the industrys ongoing expansion. If you are a fintech, please use this link tothe surveyand you also have a chance to win two intersekt tickets!

I am pleased to announceupcoming UK opportunities, Australian Fintech Mission to the UK for Lendit Fintech Europe 2019 and Newfound’s Go-No-Go. These events are indicative of strengthening relationships between Australia and the UK in this space and are extremely valuable if you are thinking of expanding there. The Trade Mission will occur in conjunction with Lendit, thereforeparticipants get access to Europe’s largest Financial Services Innovation as well as facilitated introductions with the UK ecosystem.More information on those opportunities below. (more…)

Australian UK fintech mission: Lendit fintech Europe

The UKs Department for International Trade (DIT) in partnership with Fintech Australia is looking to bring a delegation of leading Australian fintech companies to London for Lendit Fintech Europe 2019.

LendIt Fintech Europe is the continents Leading Event in Financial Services Innovation. This years event will attract 1,200+ fintechs, banks and investors from Europes most influential companies to learn, network and do business and will take place from 26 – 27 September 2019.

DIT will curate a programme of events to facilitate meetings and introductions to the UK fintech ecosystem. Australian fintechs ready to expand to the UK are encouraged to apply for this unique opportunity.

https://www.events.great.gov.uk/ehome/index.php?eventid=200191695&

23rd-27th September 2019
London

 

Go-No-Go

Are you a part of B2B technology start-up looking to expand into the UK?

Newfound, who specialise in scaling ambitious technology companies to new markets, have just launched their Go-No-Go promotion to support businesses looking to launch in the UK. Youll have to be quick to apply as applications close 31st July.

The winning company will benefit from:

– 25,000 worth of market entry support

– A bespoke market validation report

– Market introductions to identified key stakeholders

– 1-week free accommodation for a scheduled UK market visit

Apply now at gonogo.newfound.global

If you have any further questions regarding the programme, please do not hesitate to contact Harry McPhail at harry.mcphail@newfound.global

NAB innovation portal

NAB recently partnered with Israels Bank Leumi and Canada-based CIBC to launch anonline portalthat provides Fintechs with an opportunity to submit partnership proposals directly to the banks.

Through the portal, Fintechs can understand specific customer problems the banks are looking to solve for, choose which banks they want to pitch to and send their proposal directly to the selected banks partnerships team. A response can be expected from banks within seven days.

This is a fantastic opportunity for Australian Fintechs as it not only provides a channel for connecting with the partnerships team within NAB, but also provides an opportunity to scale into global markets by connecting with banks from around the globe.

Check out the portal here:www.globalfintechlink.com

How banks are partnering with fintechs on deciphering transaction data

Responsible lending practices are back in the headlines, and once again Australias major banks are under fire.

In statements to ASIC, all major banks inferred that using transaction data to access loans is an expensive and risky exercise.

What wasnt reported, however, is that all major banks are leveraging partnerships with fintechs to quickly build out this capability.

Behind the headline, this is yet another story of bank and fintech partnerships working towards better outcomes for society.

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