FinTech Voice December 2 – Sponsored by Envestnet | Yodlee

This year’s Annual General Meeting took place on November 30, 2021 and with it, we welcome the Board of Directors that have been elected. We welcome newest director, Dominic Pym, Co-founder of Up, and returning directors Simone Joyce, Managing Director, Paypa Plane; Oliver Kidd, Founder & CEO, Archa; Paul Kang, Co-founder/Director, Entersoft Security; Harry Godber, Head of Strategy, Flare; Marie Mortimer, Managing Director,; Nathan Walsh, Co-founder & CEO, Athena Home Loans, Robin Sands, CEO, Link4 Cloud; Brian Collins, Fintech and Food Managing Director, Startupbootcamp, Cathryn Lyall, Co-founder, Seed Money Australia & Seismic Foundry; and Michael Saadat, Public Policy & Regulatory Affairs, Afterpay.

On policy, we have a few ongoing consultations as we approach the end of the year. We continue to be involved in several consultations and their submissions this week, including the Attorney-General’s follow-up review of the Privacy Act, Modernising business communications consultation and AFCA Consultation Report

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 newest member this fortnight – MATTERPAY LENDING PTY LTD.


Rehan D’Almeida
Head of Partnerships and Marketing
FinTech 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.

Privacy Act Consultation

We are currently seeking member feedback for this review

Modernizing Business Communications Consultation – Technology Neutrality

Our draft letter to the Federal Government in relation to this consultation is underway

We are seeking member feedback for this review

AFCA Consultation Report

The Treasury released their report into the Review of the Australian Financial Complaints Authority (AFCA) which FinTech Australia made a submission in response to in March 2021

The report makes 14 recommendations. Overall it found that AFCA is performing well in a difficult operating environment and a changing regulatory landscape

🔏 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

📖 Join the Fintech in Vietnam Program delivered by Asialink Business in association with Department of Industry, Science, Energy and Resources (DISER) and Austrade – a comprehensive online training series for Australian business leaders in the Fintech sector who are exploring opportunities to plug-into Vietnam’s fintech market. Learn more about the program and apply today! Use code FINTECHAUS100 for free registration!

🇺🇸 FinTech Australia and Austrade webinar will highlight 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

💹 Join the webinar on Investment Opportunities in Vietnam organised by Consulate General of Vietnam in Sydney – aims at NSW and Australian exporters who are keen to explore investment opportunities in Vietnam. Visit here to know more and register for the event on 2 Dec 2021

🇫🇷 Join the Paris Fintech Forum communities delivered by Alteir – Winter Digital Hybrid Edition on 2 Dec and 3 Dec. Get a chance to be a part of both in-person and virtual panels, interviews and speed meetings, all in one. Click here to know more and get your tickets today.

Don’t miss all the news and insights from our members and corporate partners from our newsroom.

  • Frollo and Beyond Bank recently partnered to deliver Open Banking customer experience
  • Digital lender, Nano Digital Home Loans, an Australian fintech lender offering the country’s first end-to-end digital mortgage service aims to reshaping the Australian mortgage market.
  • Swyftx announced two major motorsports sponsorships at Bathurst amid growing interest in crypto among race fans and drivers
  • The Australian Competition & Consumer Commission (ACCC) recently announced that Payble was granted formal Consumer Data Right (CDR) accreditation
  • Airwallex raised additional US$100 million in Series E1 led by Lone Pine Capital
  • Open announced as Australia’s 7th fastest growing company in AFR Fast 100
  • Australian based global fintech, Change Financial (Change), which provides tailored payment solutions, card issuing and testing to banks and fintechs today announced the official launch in Australia of its payment’s brands
  • Cirralto signs binding agreement to deliver funding services to Australia largest wholesale beverage trading platform, eBev
  • MyBond launched its unique and groundbreaking service to alleviate this problem and to assist all Queensland renters
  • Cape joins forces with FrankieOne to enhance the customer onboarding experience
  • Sandstone Technology talks about Mobile banking security: 5 serious challenges, and the 7 ways to address them along with De-risking lending
  • The Economist Intelligence Unit (EIU), supported by Temenos collaborated for a detailed report on the state of cloud-based banking and its future
  • Nodifi recently launched personal loans on origination platform, signaling broker feedback and consumer demand as the main drivers
  • Shift, a provider of credit and payment platforms to Australian businesses, has set the bar for paid parental leave in the Australian finance industry
  • AFG and Frollo join forces to improve mortgage lending with Open Banking data
  • Visa recently invested in Basiq, the API platform powering some of Australia’s most innovative banks and fintechs with financial data
  • Till Payments upsizes recent funding round with top up from Afterpay-backed Touch Ventures and strategic European investors
  • Binance Australia and WeMoney recently launched an initiative to boost Australian crypto education to enhance the financial wellbeing and investment literacy of Australians
  • Connecting Up and Link4 joined forces to enable not-for-profits to reap the benefits of eInvoicing
  • TrueLayer announces the appointment today of Jodi Ross to the position of Regulatory Lead in Australia.
  • Link4 has landed more government contracts following an increase in eInvoicing adoption among Government Agencies in recent months

Square, Inc. Changes Name to Block

The change differentiates the Square brand, which was built for the Seller Business, from the corporate entity

Square, Inc. (NYSE: SQ) announced today that it is changing its name to Block. Block will be the name for the company as a corporate entity. The Square name has become synonymous with the company’s Seller business, which provides an integrated ecosystem of commerce solutions, business software, and banking services for sellers, and this move allows the Seller business to own the Square brand it was built for.

The change to Block acknowledges the company’s growth. Since its start in 2009, the company has added Cash App, TIDAL, and TBD54566975 as businesses, and the name change creates room for further growth. Block is an overarching ecosystem of many businesses united by their purpose of economic empowerment, and serves many people—individuals, artists, fans, developers, and sellers.

“We built the Square brand for our Seller business, which is where it belongs,” said Jack Dorsey, cofounder and CEO of Block. “Block is a new name, but our purpose of economic empowerment remains the same. No matter how we grow or change, we will continue to build tools to help increase access to the economy.”

The name change to Block distinguishes the corporate entity from its businesses, or building blocks. There will be no organizational changes, and Square, Cash App, TIDAL, and TBD54566975 will continue to maintain their respective brands. A foundational workforce, which includes teams such as Counsel, People, and Finance, will continue to help guide the ecosystem at the corporate level. As a result of the name change, Square Crypto, a separate initiative of the company dedicated to advancing Bitcoin, will change its name to Spiral.

The name has many associated meanings for the company — building blocks, neighborhood blocks and their local businesses, communities coming together at block parties full of music, a blockchain, a section of code, and obstacles to overcome.

Square, Inc. is referred to as “Block” in this press release. The legal name “Square, Inc.” is expected to be legally changed to “Block, Inc.” on or about December 10, 2021, upon satisfying all applicable legal requirements. The company’s NYSE ticker symbol “SQ” will not change at this time. Any changes in the future will be publicly disclosed. No action is needed from current stockholders. The Company’s Class A common stock will continue to be listed on NYSE and the CUSIP will not be changing.

For more information, please visit or follow company news via Twitter @blocks and @blockIR. For media assets, go to

We intend to use the Block investor relations website as well as the Twitter accounts @blocks and @blockIR as means of disclosing material non-public information and for complying with our disclosure obligations under Regulation FD.

About Block

Block (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD54566975, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD54566975 is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.


Media Contact:
Investor Relations Contact:

Openmarkets goes live on GBST’s Australian Retail Clearing Platform

One of Australia’s largest and fastest growing retail brokers, Openmarkets, has gone live on GBST’s Retail Clearing Platform, which has been deployed via a Software as a Service (SaaS) model on the Amazon Web Services (AWS*) cloud. The platform, designed for Australian market participants, provides scalable, feature-rich, robust equities and options processing.

Openmarkets will utilise the platform for its equities and Exchange-Traded Option (ETO) clearing and settlement capabilities, intermediary management, risk management, and real-time interfaces into margin lenders and cash management providers.

Denis Orrock, Head of Capital Markets at GBST, said, “We are delighted to include Openmarkets in our growing client base of leading financial institutions. I am proud of our delivery team, who completed this implementation remotely due to Covid-19 in under 12 months. Our industry experts enjoyed bringing their best practice operational capabilities to the Openmarkets project.”

Ivan Tchourilov, CEO at OMG (Openmarkets Group), said, “We selected GBST’s Retail Clearing Platform due to its breadth of system capabilities, plus the fact that it is the choice of many ASX participants gave us greater confidence. It gives us a great foundation to grow faster with the forthcoming CHESS replacement being handled by GBST. The economies of scale it provides make it much more economic than running our own back-office technology. The platform will provide us with automation across the complete post-trade lifecycle for equities and options, client onboarding automation, and firm-wide risk management, that will allow us to focus on delivering leading-edge technology, and an expanded product offering that will benefit the more than 225,000 investors using our systems, holding in excess of $11 billion in assets.”

GBST’s retail broker and clearing clients currently manage over AUD$200 billion in sponsored HIN, cash holdings, and margin loans across GBST platforms. To ensure these firms have continuous connectivity, GBST is funding a multi-million-dollar investment across its Australian post-trade products to facilitate the ASX’s CHESS replacement program, which is due to go live in April 2023. More than 60 percent of all cleared market trades currently travel through GBST’s systems, which processed in excess of $2.2 trillion in trade value during FY21.

Additional information 

*GBST has collaborated with AWS for several years and recently joined the AWS Partner Network  (APN) within the Independent Software Vendors (ISV) pathway. This growing partnership has  empowered GBST to further develop deep expertise while working together across capital  markets solutions to offer a flexible, pay-as-you-go Software as a Service (SaaS) that provides a  faster implementation of continuing developments. 

About GBST 

GBST is a specialist financial technology company which provides administration and transaction  processing software for retail wealth management organisations and global and regional  investment banks. Founded in 1983, the company operates in Australia, Asia, Europe, and North  America. 

Andrew Byrne – Marketing
+61 2 9005 0922

Open announced as Australia’s 7th fastest growing company in AFR Fast 100

Award-winning InsurTech, Open, has been announced as Australia’s 7th fastest growing company in the prestigious AFR Fast 100 List for 2021.

To be eligible for entry into the Fast 100, a business must have started trading on or before 1 July 2016, and have had turnover greater than $500,000 in 2016-17. Entrants must provide three full years of revenue data, and are ranked according to the compound annual growth rate achieved over that period.

Open achieved a CAGR of 170% over FY19 to FY21, and is the only InsurTech company recognised in the AFR Fast 100 this year.

“We started Open in 2016 to change how consumers purchase and experience insurance – providing them with simpler and more powerful options,” says Jonathan Buck, Co-founder and Joint Chief Executive at Open. “More than 85,000 customers have purchased car, home or travel insurance with Open, and have experienced the difference.”

Open’s consumer brand, Huddle, offers innovative and flexible products including Pay As You Drive car insurance, and can be bought directly from, or via Open’s partners, such as Telstra Plus, Plenti and WeMoney.

Additionally, Open provides white-labelled insurance, partnering with leading brands such as Medibank/ahm and On by EnergyAustralia. Open’s partners are able to simply embed insurance into their app or website via APIs, providing a market-leading insurance experience for their customers, and generating new revenue streams in the process.

“Embedded insurance allows brands to offer insurance policies when and where it makes sense to customers. What makes Open’s offering unique is our ability to digitally manage the entire insurance experience from quote to claim,” says Jason Wilby, Co-founder and Joint Chief Executive at Open. “It means our partners can offer an insurance product knowing that their customers are taken care of, saving them money, time and stress.”

Featuring in the AFR Fast 100 is one of many recognitions Open has achieved this year. In October, Open won Excellence in InsurTech at the FinTech Australia Finnie Awards. Following this, Open ranked in FinTech Global’s InsurTech 100. Huddle was also named one of Australia’s best car insurance policies of 2021 by Mozo.

“We’re on a mission to provide the fastest insurance, at the best price, for the world. Being named one of Australia’s fastest-growing companies is great validation that we’re building insurance products and services both consumers and brands want to see,” says Wilby.

Earlier this year, Open raised AUD$31 million in a Series B  round to fund their expansion to New Zealand and the UK, bringing their total capital raised to AUD$53 million. In the past 6 months alone, the company has more than doubled their team, welcoming 43 new people in their Sunshine Coast, Sydney, Auckland, Queenstown and London hubs.

About Open

Open is on a mission to offer the fastest insurance, at the best price, for the world. Businesses of all sizes embed Open’s car and home insurance into their digital experiences.

Our flagship products are available under the Huddle brand, and also as a bespoke white-label solution. We work with many large brands and leading tech companies such as Telstra Plus, Plenti, ahm, and On by EnergyAustralia.

Open operates across Australia and New Zealand today and soon will expand to the UK and Europe. We are proud to count Airtree Ventures (AU), Movac (NZ), Latitude (UK), Hollard Insurance (AU), Seven West Media (AU) and Five V (AU) amongst our investors. Open products are underwritten by Hollard Insurance in Australia and Tower in New Zealand.

We believe in using business as a force for good and are a certified B Corporation.

For more information visit or contact

Sandstone Technology – De-risking lending: how to move and scale while staying compliant

It’s a precarious time for lenders. Up against increasing demand for a painless customer journey, feeling the pressure to compete and grow, they’re also balancing risk appetite and constant regulatory shifts. Today, many banks and financial institutions recognise that automated digital lending solutions are essential to de-risk at scale, but there are sizeable obstacles to overcome before they get there.

The speed and frequency of change in financial services regulation has been overwhelming. Barely a day goes by without new rules on debt-to-income ratio or new controls to address the level of lending and risk in the market. We’ve even seen reviews of some processes we thought were bedded down, such as calculation of loan-to-value ratio (LVR).

Compliance and customer: a double threat

Not all organisations have the people and infrastructure in place to easily support compliance. Maintaining a compliance program in a state of regulatory flux is a significant commitment, often sidelining other technology initiatives like core upgrades, infrastructure upgrades or front-end enhancements. Putting these digital banking solutions on the backburner may limit a bank’s ability to stay agile, relevant and to support their growth objectives. It’s an even harder pill to swallow given compliance is a preventative measure, with little to no return on investment.

At the same time, consumer expectations are higher than ever. Home loan customers are aware of the many choices open to them, including an array of digital offerings. To acquire and retain customers, banks are re-prioritising the digitisation of loan origination systems in the hope of delivering an exceptional customer experience. Chatbots, pre-emptive marketing, self-serve onboarding and online applications are all high on the agenda.

Factor in a property market gone crazy

For lenders, these rising consumer expectations are happening in the context of a hyper-accelerated property market post COVID. While some smaller, more nimble financial institutions with good workflows have improved their time from submission to approval, for many, approval times have been unacceptably long. Consumer demand is often not being matched, and often that is down to lenders relying on manual processes and labour-intensive verification.

In the past, when loan approval response times threatened a bank’s business, they would clear the backlog by offering incentives to existing staff or hiring more employees. They would throw bodies at the problem, to at least give the appearance of greater efficiency.

But today, employees are already stretched to capacity. And there’s a real hiring challenge. COVID border closures mean organisations haven’t had the flex in resources that migrant or interstate workers bring.

Can you automate that?

An automated loan origination solution can give a faster time to yes, a lower cost-to-serve and a better return on investment. Lenders can shorten approval times by automating some or all parts of the process. That might include adopting Intelligent Document Processing (IDP) technology, which also improves a financial institution’s ability to meet regulatory compliance quickly and easily, while simplifying the loan origination process for customers and staff.

Talking to banks and other organisations, the longest part of the loan approval process is verifying data from documents provided by applicants. As a result, there’s now a lot of focus on automating that aspect; in future there’s no reason why we couldn’t eliminate the need for document verification completely if data comes from a trusted source.

Better for the employee and customer

With the constraints on hiring, a better cost-to-serve today means doing more with existing resources. Being able to automate assessment at least to a certain point is transformative for processing large volumes.

An application with low LVR, clean credit history, high income and low existing liabilities can be considered a good deal and pass through without needing a credit assessor to check. The automated system will then match the data and confirm its veracity. Ultimately though, this is dependent on each bank and how much auto verification they are willing to accept. If it is within an organisation’s risk appetite, it not only saves that assessment time and cost, but staff can be re-directed onto higher-value tasks, including focusing on deals that need more attention – deals that are more on the line.

Automation of loan origination processes also address the customer expectation for a seamless experience – especially for existing bank customers.

If a borrower has already provided their records and information, lenders shouldn’t be asking them to input that information again. They should already know where the customer works and how much they’re paid for instance, given they have the customer’s bank statements and more.

As a result, many financial institutions are exploring how this aspect of the process can be improved, how that information can be pre-populated, and how they can save customers the pain of re-supplying their information, as a matter of priority.

Read the full article at

About Sandstone Technology

Before “fintech” was a thing, our founders were dreaming up new ways to transform banking, simplifying the customer journey and the employee experience.

More than 25 years later Sandstone Technology is still leading the charge, innovating and evolving as the industry evolves. Our high client retention rate is our proudest achievement with 35+ financial institutions across Australia, New Zealand, Asia and the United Kingdom placing their trust in our solutions. From digital banking and digital onboarding to origination and AI-based data analysis, with cloud-based or on-premise deployment, we create flexible, robust, end-to-end solutions using a multi-channel approach that gets our clients to market faster.

For all media enquiries, please contact:

Marketing Manager | Australia & New Zealand
Mobile: +61 431 868 272

Frollo and Beyond Bank partner to deliver Open Banking customer experience

Beyond Bank Australia will use Frollo’s CDR Gateway to collect and use Open Banking data 

Australian Open Banking provider Frollo will partner with customer-owned bank, Beyond Bank, to use Open Banking to deliver better customer outcomes. The bank will use Frollo’s CDR Gateway to improve multi-banking and lending.

The announcement follows Beyond Bank’s accreditation as one of the first customer-owned data recipients in September this year, and is an extension of the existing relationship between the two organisations. The relationship kicked off mid-2021 with the announcement that Beyond Bank would use Frollo’s Personal Finance Management (PFM) platform to launch a white label financial wellbeing app alongside its main banking app.

The bank’s financial wellbeing app, which will provide customers with a full view of their finances is currently being piloted and is expected to launch in early 2022.

The choice to partner with Frollo for Open Banking was a logical one, explains Wayne Matters, Deputy Chief Executive Officer at Beyond Bank: “It’s still early days for Open Banking. As the leading Australian Open Banking platform, Frollo offers us an end-to-end solution for most current uses and the confidence they will have any future uses covered.

“We’ve worked closely with the Frollo team on our financial wellbeing app and we’re excited to continue working with them and use Open Banking data to unlock more value for our customers,” Mr. Matters said.

Frollo founder and CEO Gareth Gumbley  agrees,  “As a purpose driven fintech, it’s great to work with a customer-owned bank like Beyond Bank that has similar values and is always looking to deliver better customer outcomes. We believe that CDR will be a big driver of consumer value and we’re excited to work together on unlocking this value through financial wellbeing and responsible lending.”


About Frollo

Frollo is a purpose driven fintech and Australia’s first Open Banking intermediary. We help businesses use Open Banking data to deliver better customer outcomes. From reducing debt and increasing savings, to providing a better, more personalised customer experience.

Our modular, end-to-end Open Banking platform enables businesses to bring Open Banking powered use cases to market quickly by leveraging Australia’s most advanced and reliable CDR Gateway, with plug & play access to lending, personal finance management and customer onboarding solutions..

Trusted by clients like ANZ, Volt, REA Group, P&N Bank, bcu and Bank of Queensland, Frollo is an Australian market leader in Open Banking.

For media enquiries
Piet van den Boer
0468 375783 

More big wins for local eInvoicing Access Point Provider, Link4

Aussie led Access Point provider, Link4 has landed more government contracts following an increase in eInvoicing adoption among Government Agencies in recent months.

“It’s great to see so many new Government Departments adopt eInvoicing.” says CEO Robin Sands. “EInvoicing is not just a tick-box exercise, the sooner we build the network, the sooner the economy will see advantages such as increased business efficiency, digital security and cash-flow benefits.”

The latest government agencies to join the Peppol eInvoicing network through Link4 include NOPSEMA, Regional Investment Corporation (RIC), Commonwealth Director of Public Prosecutions (CDPP) and the Office of the Commonwealth Ombudsman. “All departments were keen to be part of the Peppol eInvoicing network to help support the growth of the Australian economy following a rough 18 months with the pandemic”, says Sands.

In May 2021, the ATO announced $15.3 million towards the promotion of eInvoicing, and the introduction of an eInvoicing mandate meant that the government sector was going to lead the way in transforming digital payment processes among Australian businesses.

Suppliers that have contracts with the Government under $1 million are able to receive payment within 5 days if connected to the Peppol eInvoicing network. Not only are payment times greatly improved through the adoption of e-invoicing, but businesses can improve their overall business efficiency and invoice security.

More than 40 Australian Government agencies are now live with e-invoicing. The up to date list can be found on the ATO website.

 About Link4 

Link4 is an award winning, Peppol certified Access Point that provides seamless e-invoicing services throughout Australia, New Zealand, Singapore and the UK.  Counted amongst Link4’s government clients (such as The Treasury, DISER, AOFM and APRA) are BOC Australia, the BGW Group, and thousands of Australian businesses that use Xero, MYOB or QuickBooks as their accounting system.


Australian digital assets exchange Swyftx has today announced two major motorsports sponsorships at Bathurst amid growing interest in crypto among race fans and drivers.

The country’s top rated cryptocurrency exchange is partnering this weekend’s Supercars Repco Bathurst 1000. It is also joining forces at Bathurst with rising star, Jordan Cox, who has become a viral sensation for his boldness on the track.  

Swyftx chief marketing officer, Chris Vanek, said Australian motorsport was now a focus for the company, with racing attracting significant national and international coverage. 

Vanek said: “We have a lot of motorsport fans and race drivers using our platform, so it was an easy decision to deepen our commitment to the sport. Australia’s crypto adoption is rapidly growing, with a quarter of the population already having traded.”

Swyftx is the country’s top-rated exchange and second largest by trade volume, with more than 470,000 customers across the ANZ region. 

As part of its Repco Bathurst 1000 partnership, Swyftx is sponsoring signage at iconic locations around the Mount Panorama circuit, including Brock’s Skyline and pit entry. It has also taken sponsorship of Jordan Cox’s car at the TCR Bathurst 400. 

It marks another significant investment into Australian motorsport by Swyftx. In July the exchange supported the WD-40 Townsville SuperSprint event.

Vanek, said: “We jumped at the chance to be a part of Bathurst with both Supercars and Jordan because it’s such an iconic event in the Australian motor racing calendar and watched by millions in Australia and around the world.

“This partnership brings together the most exciting driver on the Bathurst track, with the country’s most popular exchange so we’re delighted to be joining forces.”

Image of Jordan Cox’s Swyftx car available here

Contact Swyftx Media Manager,

Tom Matthews
(0413 938247)


  • Swyftx is Australia’s second largest cryptocurrency exchange by trade volume, with more than 470,000 customers across ANZ.
  • Swyftx is a multi-award winning exchange. In 2021, it was named High Growth Business of the Year and won the Excellence in Crypto Award at this year’s Finnies.

TrueLayer announces the appointment today of Jodi Ross to the position of Regulatory Lead in Australia.

In this role, Jodi will co-ordinate the regulatory engagement and compliance activities of TrueLayer in Australia with respect to the Consumer Data Right (CDR) and other obligations.

Jodi is a highly qualified lawyer with 20 years of experience in government and commercial practice.  Most recently she held the position of Assistant Secretary – CDR Regulatory Frameworks in Commonwealth Treasury. Before that she contributed to the establishment of the Consumer Data Right, including the development of the CDR rules, at the Australian Competition and Consumer Commission (ACCC).

Speaking about her decision to join TrueLayer, Jodi said: “Having spent the past 3+ years working on the development of the regulatory framework for the Consumer Data Right within government, I’m excited to join TrueLayer and contribute to the commercial rollout of CDR-enabled services to benefit Australian consumers and businesses.”

TrueLayer is bringing its global open banking expertise in data and payments into Australia to help local and international clients access CDR data in the right way.

Brenton Charnley, TrueLayer’s CEO of Australia & New Zealand, has welcomed Jodi into the role saying: “Jodi has in-depth knowledge of the CDR rules and unparalleled expertise in open banking policy and regulatory engagement. She’s a great addition to our team.”

TrueLayer, a global pioneer in open banking, was approved by the ACCC in September as an unrestricted Accredited Data Recipient under the CDR and launched its global Open Banking Platform in Australia. The TrueLayer Open Banking Platform is backed by proven, market-leading data and payments APIs that currently process more than half of all open banking traffic in the UK, Ireland and Spain.

Jennifer Harrison
Partner, Reputation Edge
Corporate PR & Communications
M: 0448 469 532

Connecting Up and Link4 join forces to enable not-for-profits to reap the benefits of eInvoicing

Not-for-profit organisations in Australia are now able to digitize their invoicing processes with special rates towards eInvoicing adoption. Australian-based Access Point provider Link4, has partnered with Connecting Up (part of the global nonprofit tech provider Techsoup), to provide ERP integration and cloud accounting subscription discounts for nonprofits to connect to the Peppol eInvoicing network.

Connecting Up provide technology donations and discounts for not-for-profits and social enterprises around the world. Pankaj Chalotre, Head of Connecting Up, says “Connecting Up is delighted to partner with Link4 and offer a best-of-breed eInvoicing solution at generously discounted rates to the Australian not-for-profit sector.” 

With the Australian Government allocating $15.3 million towards eInvoicing promotion this year, and the mandation of Peppol eInvoicing (receive capability) for Federal Government Agencies in 2022, it’s clear that eInvoicing is a priority for the Australian Government. Chris Jordan, Commissioner of Taxation at the ATO says, “The ATO is working with all levels of government, intermediaries and businesses to raise awareness of the new way to send and receive invoices and how to get on board.” 

“Link4 have been helping Not-for-profits since we began eInvoicing 5 years ago. We are thrilled to formalise our support through this new partnership and look forward to supporting many more non-profits,” noted Robin Sands, CEO of Link4. 

Not-for-profits can now benefit from increased invoicing security at an affordable price. EInvoicing improves efficiency, cash-low and is better for the environment. Charities and non-profits that are eligible will need to contact Connecting Up to apply. 

About Link4: Link4 is an award winning, Peppol certified Access Point that provides seamless eInvoicing services throughout Australia, New Zealand, Singapore and the UK. Counted amongst Link4’s clients are BOC Australia, the BGW Group, and thousands of Australian SMEs that use Xero, MYOB or QuickBooks as their accounting system. 

About Connecting Up: Connecting Up is an Australian registered charity and not for profit organisation committed to building stronger communities through technology. Since 2007, a growing list of leading tech companies have partnered with Connecting Up to support the Australian charity sector with donated and discounted IT products, online learning and specialised consulting services.

In 2018, Connecting Up joinedforces with Infoxchange and TechSoup New Zealand to create the Infoxchange Group. We share a vision of technology for social justice, and with over 180 staff across Australia and New Zealand we tackle the biggest social challenges through the smart and creative use of technology

For more details: 

Link4 Australia

Upcoming Events
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    October 25
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    November 2 @ 7:00 am - November 4 @ 6:00 pm

Ep 2: Fintechs Acceleration of Growth Since COVID

Ep 1: The Evolution of Payments

Scaling Product Globally


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Anthony Jones – Visa AUS/NZ

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