Educational tool for small business wins Intersekt festival hackathon

Two Melbourne-based app developers have won a small business-focused open data hackathon which kicked off Australias Intersekt fintech festival and illustrated the strong benefits of collaboration between major banks and the fintech community.

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Melbourne: A world-class financial services market

This week’s Intersekt FinTech Festival is being held in Melbourne – the capital of the State of Victoria. As a result, we thought it was timely to profile the State’s fintech credentials.

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Intersekt festival has the honour of having Chlo James as MC during the main event Collab/Collide Summit.
Chlo James is the Group Media Director for global intelligence and digital media provider, RFi Group and a Broadcast Television Presenter for Sky News – Business. (more…)

Highlights of day one of the Collab/Collide Summit

On Thursday, 2 November, it’s finally showtime at the Collab/Collide Summit and there’s a great line-up of speakers and panel sessions to attract the attention of delegates on day one.

If anything, there’s too much choice on offer, making it difficult to decide which session to attend or which speaker to absorb.

So we’ve made it easier and published our inside tips on the day.

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Booming Australian fintech scene shown in new member ecosystem map

FinTech Australia has published a new member ecosystem map which illustrates the extraordinary growth in Australias fintech industry in just four months.

Published at the start of Intersekt – Australias inaugural fintech festival being held in Melbourne – the map represents the most fine-grained analysis of Australias fintech industry.

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Love data, or know someone who does? Apply for the FUELD accelerator program

Applications close on October 30th for FUELD, Westpac’s data accelerator program.

Eight data-focused teams will form an elite cohort, working through a 12-week mentorship program inside Stone & Chalk Sydney. They will receive $50,000 in investment via a SAFE note, $100,000 in hosting from Amazon Web Services, introductions to potential customers and relevant experts, free access to anonymised, tokenised Westpac Group data, along with negotiated access to other data sources through the Data Republic platform. (more…)

Collab/Collide Summit’s UK invasion

The United Kingdom is broadly regarded as having the most advanced fintech industry in the world.
As a result, it’s hardly surprising that our Collab/Collide Summit has an amazing line-up of UK speakers keen to give their insights about all things fintech.
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Major bank and fintechs come together to empower customers

Australias fintech companies are coming together with one of the nations big four banks to help small businesses unleash the power of data so they can access new markets and cut administrative red tape.

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New industry association dedicated to foster startups and innovation in Australia’s insurance sector

With insurtech starting to enjoy rapid growth in Australia, Insurtech Australia today announces its formation as a new industry association dedicated to the advancement of insurance innovation and insurtech startups.

Insurtech Australiais being created as a standalone division of Fintech Australia, the association for Australian fintech startups. As a national, not-for-profit organisation, it will focus on representing insurtech startups, insurers, reinsurers and brokers and other insurance related disciplines, such as health, wellbeing, data and analytics, machine learning, IoT and telematics.

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Removal of digital currency double taxation welcomed by fintech industry leaders

The Australian Government’s passage of legislation to remove double taxation on digital currencies is a welcome step and signifies the growing maturity of Australias fintech policy environment, according to Australian fintech industry leaders.

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Policy update for October 2017

Its been an extraordinarily busy month for fintech policy in Australia during late September and across October, so we thought it might be best to bring it altogether in the one post.

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China experts confirmed as speakers for Collab/Collide Summit

Two senior Chinese fintech experts have been confirmed as speakers for the Collab/Collide Summit, which begins on 2 November.

Nina Zhou, a partner at the CreditEase Fintech Fund, will be giving an international keynote on the opening day of the conference, 2 November, followed by a fireside chat with FinTech Australia chair Simon Cant.

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Member announcements in October 2017

We’ve listed some of the great announcements and achievements from our members in the month of September, 2017.

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FinTech Australia welcomes new ASIC chair

FinTech Australia today warmly welcomed the new chair of the Australian Securities and Investments Commission (ASIC), Mr James Shipton.

Mr Shipton clearly brings extensive regulatory and financial market knowledge to the position. He also has detailed international experience, which will be a huge asset when it comes to promoting Australias interests in the global arena,” said FinTech Australia CEO Danielle Szetho.

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Bid to make Australia a world hub for startup entrepreneurs

A startup industry push is underway to relax current unnecessary visa red tape so that Australia can become a world melting pot for early stage entrepreneurs.

This follows the experience of Sydney-based startup accelerator H2 Ventures, which has been able to attract a group of young international entrepreneurs in its most recent intake.

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