Financial Data and Technology Association partners with FinTech Australia on CDR rollout

FinTech Australia and the Australia/New Zealand chapter of Financial Data and Technology Association (FDATA) have announced a strategic partnership to ensure the efficient and effective rollout of Australia’s Consumer Data Right (CDR) regime.

FinTech Australia is a not-for-profit membership-based industry body driving the introduction of both the CDR and Open Banking in Australia for fintechs and data intermediaries. Fintech Australia represents their members by advocating for successful outcomes that facilitate the FinTech ecosystem’s growth to make Australia a leading FinTech market.

By partnering with FDATA, a global not-for-profit representing key financial, data and technology participants in the Australian Open Data ecosystem, it will enable the fast track rollout and a push for critical changes to CDR to ensure greater access, benefits and data protections for consumer and businesses alike.

FDATA is leading the campaign to deliver Open Finance worldwide in Europe, the United Kingdom, South America, North America, Australasia, India and Africa. They have been instrumental in creating and implementing the Open Banking regime in the UK, with the country now considered the world-leader with Open Banking technology.

“We look forward to working with The Financial Data and Technology Association to drive the best outcomes for the CDR rollout in Australia,” FinTech Australia CEO Rebecca Schot Guppy said.

“It’s crucial we get this right and move as quickly as possible. Bringing in the broader expertise will be key to ensuring we balance all fintechs interests in the CDR roll out and deliver the best outcome for all businesses and consumers across Australia.”

“We see the shared goal of finalising Open Banking in Australia as an absolute priority. Before we explore additional use-cases for the Consumer Data Right, we need to finish Open Banking. In this case, FDATA will partner with FinTech Australia to ensure the rules makers have unlimited access to the pieces they need to finish this framework.” FDATA ANZ Regional Director Jamie Leach said.

“Building on our Global experience of deep policy, technology and data standards development and implementation, FDATA has chosen to partner with Fintech Australia to ensure that the final components of Open Banking are complete, concise and market-ready. We need to see the vision of encouraging innovation and introducing competition readily available to the ecosystem if we are to realise Scott Farrell’s vision.”

Media contacts

Harrison Polites (FinTech Australia) 

Jamie Leach (FDATA)
0413 075 671

About FinTech Australia

FinTech Australia is a national association for the Australian FinTech Startup community. Our vision is to make Australia the leading market for FinTech Innovation and Investment by working with both sides of Government, Industry, and the Australian FinTech community to create a supportive environment and partner ecosystem in Australia and abroad.


The Financial Data and Technology Association is a not-for-profit global association for companies that supply or use open finance in their business models. Our members provide innovative financial applications and technical/data-related services to empower customers to make better decisions and take fuller control of their financial lives across all their payment accounts, credit cards, loans, mortgages, investments, pensions and retail insurance. We work with the government, regulatory authorities and the financial services industry in our mission to enshrine the rights of customers to be able to share their financial data with regulated actors of their choosing.

FDATA has played an active role in ANZ, particularly in relation to the Consumer Data Right, during its introduction of Open Banking. Our liaison with the regulators and Treasury has seen us provide advisory works and recommendations around the customer experience, the global perspective and the role of Third Parties and Intermediaries within Open Banking. FDATA has also worked with the regulators about the next layer of CDR and will continue to lobby for a common-sense approach to remediating the existing framework.

Pinstripe Media launches new Fintech Focus segment on AusBiz network in partnership with FinTech Australia

FinTech Australia has partnered with Pinstripe Media to launch a new segment for the StartUp Daily Show focused on the fintech industry.

Hosted by StartUp Daily editor Simon Thomsen and Pinstripe Media reporter and co-host Sam Brown, the segment, FinTech Focus, will host interviews and panel discussion delving into the key issues and news stories in the sector. (more…)

Mastercard joins FinTech Australia as an ecosystem partner

Mastercard, a global pioneer in payments innovation and technology, has joined FinTech Australia as an ecosystem partner and as an event partner for the 2021 Finnie Awards.

In partnering with FinTech Australia, Mastercard aims to become a leading source for advice, support and guidance to fintechs in the global payments sector. In addition, FinTech Australia and Mastercard will also run a joint fintech pitch event later this year.

“Collaborations between fintechs and large financial services are key to growing our fintech sector. We’re thrilled to see Mastercard take this step in partnering with FinTech Australia to better collaborate with the local industry,” Rebecca Schot-Guppy, CEO of FinTech Australia said.

“We’re particularly excited to have Mastercard as an event sponsor for this year’s Finnies event. With their support, we are well placed to hold our best event to date for the ecosystem.”

“Our ecosystem partnership program has more than doubled in size over the past 12 months, indicating strong demand for partnerships and collaboration with the industry,” she added.

In Europe and North America, Mastercard is already the partner of choice for 97% of the top Fintech brands. The Mastercard Accelerate partnership program takes a relationship-led approach to helping fintechs build and scale their operations, supported by four dedicated programs:

  • Mastercard Fintech Express – Provides fintechs with accelerated speed-to-market at every stage of their growth journey, by providing product differentiation, financial flexibility and global licensing support through dedicated in-market teams.
  • Mastercard Engage – Identifies qualified technology partners and fintechs, connecting them to thousands of Mastercard partners and customers to help scale their businesses efficiently.
  • Mastercard StartPath – Invites later-stage startups to participate in a 6-month program, providing opportunities to scale and secure strategic investments. More than 200 companies have participated in StartPath since its founding in 2014, including local success stories Airwallex and Identitii.
  • Mastercard Developers – Provides APIs for everything, empowering engineers with the ability to access Mastercard payment, security and analytics services via simple, user-friendly documentation, SDKs and sample code for the top programming languages

“Mastercard has long recognised the high levels of innovation and entrepreneurial talent here in Australia. The organisation is excited to partner with FinTech Australia and its members to further accelerate the incredible growth we’ve seen from the ecosystem in recent years,” said Kallan Hogan, Vice President, Fintech Account Management, Australasia, Mastercard. 

“As a global technology company, Mastercard’s ambition is to enable fintechs to scale both at home and abroad. This partnership aims to connect local players in the space to Mastercard’s industry experience, technology and connections, alongside the resources available at its Global Tech Hub in Sydney, helping these organisations rise to the next level, quickly.”

FinTech Australia’s current corporate partners include: IDEMIA, Google, eftpos, Amazon Web Services (AWS), Bank of Queensland, NAB, EY and BDO.

The FinTech Australia partnership program helps embed these companies within the fintech ecosystem and networks them with its key players.


Media contact

Harrison Polites (FinTech Australia)

0409 623 618

Luke McClelland (Mastercard)

0417 761 139


About FinTech Australia

FinTech Australia is a national association for the Australian FinTech Startup community. Our vision is to make Australia the leading market for FinTech Innovation and Investment by working with both sides of Government, Industry and the Australian FinTech community to create a supportive environment and partner ecosystem in Australia and abroad.

About Mastercard (NYSE: MA)

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

Fintech Agreement Boosts Fast-Growing Sector

Australia’s burgeoning fintech sector will receive additional support to expand overseas and attract productive foreign investment under a Memorandum of Understanding (MoU) signed today by the Australian Trade and Investment Commission (Austrade) and FinTech Australia.

Tim Beresford, the acting CEO of Austrade, said the MoU would assist one of the fastest-growing fintech sectors in the world, with more than 730 fintech businesses in Australia.

“The fintech sector is built on Australia’s A$10 trillion financial services sector, one of the largest in the Asia-Pacific, which contributes 9.4 per cent to Australia’s GVA and employs more than 450,000 people,” Mr. Beresford said.

“This MoU will build on the work Austrade is already doing to provide fintech businesses with market insights, partnership opportunities, and connections in the United Kingdom, Singapore, and the United States.

“Australia’s proximity to Asia, the Fintech Bridge Agreement with the United Kingdom, and our international regulatory agreements make us an attractive destination for foreign investment, which in turn supports Australia’s fintech sector to grow.”

“Our agreement to co-deliver export services with Fintech Australia will be highly beneficial for Australian fintechs,” Mr. Beresford added.

Rebecca Schot-Guppy, CEO of FinTech Australia, welcomed the agreement with Austrade.

“As Australia’s leading fintech industry body, we are looking forward to providing enhanced and ongoing support to the sector together,” Ms Schot-Guppy said.

“Our priorities are well aligned and we will work together to co-deliver trade services to eligible exporters, increase international business outcomes for Australian fintech companies and attract investment into Australia.

“Australia’s fintech sector is built on a dynamic tech ecosystem, a tech-savvy population, and a large, well-regulated financial system.

“With more than 40 per cent of Australian fintechs already established overseas, the sector welcomes international investors, partners, and collaborators.”

Austrade and Treasury are the Government’s lead agencies for implementing the Fintech Trade and Investment Program.

The initiative is part of the Australian Government’s 2020 Digital Business Plan to Drive Australia’s Economic Recovery, which includes $9.6 million over four years to support Australian fintech businesses access international markets and attract international investment.

To learn more about fintech opportunities, visit or

Media Enquiries:

Austrade: 02 9392 2873 | FinTech Australia: 0409 623 618

Update on the FinTech Australia Podcast

Last year FinTech Australia partnered with Tier One People to bring you a podcast series covering the growth and development of Australia’s fintech industry. 

However, after 12 months of incredible content, both parties are ready to expand the podcast into separate offerings. (more…)

Law Squared joins FinTech Australia as an ecosystem partner

Innovative NewLaw firm Law Squared has joined FinTech Australia as an ecosystem partner.

Through the partnership, Law Squared aims to become a key resource for local fintechs on all legal matters including from capital raises through to navigating complex financial services regulation.  (more…)

eftpos launches advisory committee to give FinTech a voice

eftpos has launched a FinTech advisory committee in collaboration with FinTech Australia, as a way of giving FinTechs a direct say in how they can access and leverage the eftpos payments network for the betterment of Australia’s digital economy. (more…)

IDEMIA Announces Corporate Partnership With FinTech Australia

Sydney, Australia, 11 February 2021 – IDEMIA, the global leader in Augmented Identity, has signed a corporate partnership with Fintech Australia, a trade association that seeks to boost growth of the country’s Fintech ecosystem. (more…)

FinTech Australia launches Finnies 2021, announces two new awards

FinTech Australia is calling for entries for the fifth annual Finnies awards, announcing two new prizes for the sector.

The event will be held at Forum Melbourne on June 9. The Excellence in Open Data and Hall of Fame will be launched this year to mark a shift in the industry and its growing maturity.

The new Excellence in Open Data award will examine how companies are managing and controlling their data, a topic that has come into focus with the launch of Open Banking and the CDR in Australia last year.

The Hall of Fame will commemorate a company that has made a lasting impression on the Australian fintech industry’s overall development.  (more…)


Newcastle Permanent has become the first customer owned financial institution in Australia to partner with Australia’s national fintech association FinTech Australia, which strives to foster a thriving fintech ecosystem.

“This is a natural partnership for NPBS as we make connections to exciting fintech brands to enable us to further innovate, inform our digital evolution, and grow our business. This, in turn will support us providing a great experience for our customers,” said Bernadette Inglis, Newcastle Permanent CEO. (more…)

Upcoming Events
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