FinTech Australia Impact on the Senate Inquiry

Dear Community,

Earlier this month the Senate Inquiry for FinTech and RegTech tabled its initial recommendations for future regulation of our industry. Thanks to the input of our members, over a third (14) of the 32 recommendations tabled by the Committee were initially suggested by FinTech Australia.

Crucially, many of the recommendations we suggested covered key policy areas for the fintech industry, including R&D tax incentives and the consumer data right.

We credit this result to the willingness of our members to engage with this process. Over 100 fintechs across various industries worked with us to create a submission that truly represents the community.  (more…)

Member Spotlight: Assembly Payments and Patona

After starting several successful fintechs, Simon Lee, Managing Partner of Patona, and Co Founder and Board Member of Assembly Payments, has some sound wisdom when it comes to scaling a business and making meaningful connections and partnerships with financial services heavyweights. 

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FinTech Australia is proud to announce the 2020 Finnies finalists

Recognising and rewarding the Australian FinTech community by honouring innovation, growth and collaboration.

 

We are thrilled to announce the finalists for this year’s Finnies!

We received 211 incredible award entries across 19 categories. Thank you to everyone that took the time to enter.

FinTech Australia CEO, Rebecca Schot-Guppy, and the FinTech Australia Board were faced with the incredibly difficult task of arriving at the 134 finalists. The category winners will be announced at the virtual ceremony on Wednesday 28 October. (more…)

Five FinTechs on Friday – September 18

We’re excited to bring to you five fintechs this weeks. A financial products comparison website with a difference, a fintech helping small businesses combat cyber attacks, a provider of digital wealth technology for businesses, a technology partner for finance brokers and dealers and one that invests in, creates and grows payment businesses. Read more below.

As we get closer to the Finnies Awards ceremony, all hands will be on deck to ensure the success of our first virtual ceremony. On that note, we will put this 5 fintechs initiative on hold till November 6, 2020. Please follow us on Linkedin or Twitter for all updates from us and we hope you can all join us for this year’s virtual gala night that we guarantee will be a night to remember. The first hundred registrants will also receive exciting gifts from us. All updates will be shared next Friday instead of the Five Fintechs.

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Five FinTechs on Friday – September 11

We’re excited to bring to you this weeks fintechs. Fintechs for consumers that help with accessing better deals from the banks and another that makes online trading simple. Also, fintechs that help businesses digitise their documents, enable payments via bluetooth and provide analytics for better user experience. Read more below.

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FinTech Australia inks collaboration agreement with EY

Ernst & Young Australia (EY) has strengthened its relationship with FinTech Australia through a new collaboration agreement which will enable further involvement in future fintech events, awards and studies into the ecosystem.

The agreement extends and broadens EY’s involvement with FinTech Australia, expanding on its current role as the key research firm behind the annual Australian Fintech Census.

FinTech Australia CEO Rebecca Schot-Guppy said: “Today’s announcement not only confirms EY’s commitment to the Australian fintech ecosystem, but deepens it.” (more…)

Five FinTechs on Friday – September 4

A range of fintechs this Friday that bring new innovations and funding to the sector. A home loan platform using smart technologies, an open banking sharing platform, a digital currency exchange, a new startup in mobile wallets and and early stage VC for fintechs. Learn more about each below.

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Member Spotlight: Look Who’s Charging, partnering with financial institutions

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