Member Spotlight: BTC Markets, Cryptocurrency and CBDCs in Australia

In last week’s spotlight, we discussed Covid-19’s acceleration effect regarding the adoption of new technologies. Continuing that trend, this week we spoke with CEO of BTC Markets, Caroline Bowler about the opportunities that the current market presents for cryptocurrency adoption and, in particular, Central Bank Digital Currencies.

During the past few months, the cryptocurrency markets, with Bitcoin in particular, experienced significant movement. This can potentially be attributed to uncertainty in traditional markets and the recent Bitcoin halving. Despite prices slumping in recent weeks since the halving, investor activity in Bitcoin derivatives is at record levels. “The pandemic has amplified digital asset’s presence on the global financial stage,” says Ms Bowler, “we see an opportunity for investors adopting digital assets to cushion against the economic effects of Covid-19. For example, bitcoin as a potential deflationary hedge against inflation brought on by quantitative easing. Evidence of investor activity can be seen by looking at the asset’s derivative markets.” (more…)

Five FinTechs on Friday 2

In today’s series we cover Australia’s leading digital asset exchange and a payment technology company that is offering a special rate for FA paid members. We also put the spotlight on a governance platform for data sharing, smart mobile wealth creation app, and payment terminals software and services.

Watch this space for more! (more…)

Member Spotlight: Frollo, paving the way for fintech in CDR

The advent of Covid-19 has accelerated the adoption of technologies such as videoconferencing at the workplace and in court, and the signing of documents electronically, both at a federal and state level. One other area of fintech innovation that will likely benefit greatly from this rapid adoption is the Consumer Data Right.

(more…)

Five FinTechs on Friday

The fintech industry is continuing to innovate and we’ve had exceptional startups launch in Australia. In this new series, we will be highlighting five fintechs every friday to put a spotlight on the amazing solutions the companies are developing (more…)

Full Profile's AgriDigital successfully executes world's first settlement of an agricultural commodity on a blockchain

AgriDigital has successfully executed the worlds first-ever live settlement of a physical commodity on a blockchain between a grower and a buyer.
Real-time payment has huge implications for the agri-supply chain as it eliminates the counterparty risk that all sellers face. (more…)

Opinion: Testing Digital Advice Algorithms

The below opinion piece is in response to a recent submission by the Financial Planners Association in response to ASIC’s Robo Advice Consultation Paper 254. (more…)

Building fintech castles in ASIC’s regulatory sandbox the play we need

This piece originally appeared in The Australian on June 14, 2016. View the original here.

When peer-to-peer lender MoneyPlace built its founding team no one anticipated that it would take 18 months to gain regulatory approval. Thats a long time in limbo for any business but for a start-up a delay of this length can be crippling. (more…)

Why the Fintech Regulatory Sandbox is a Game Changer

Today ASIC released its consultation paper on the regulatory sandbox to our Fintech
Melbourne community.

It provides details of the plan that allows early stage fintech startups to test their products on
customers. (more…)

Upcoming Events
  1. October 11 @ 6:00 pm - 7:00 pm
  2. Tech Industry Collective – Connect and collaborate as a collective

    October 25
  3. Singapore FinTech Festival (SFF) 2022

    November 2 @ 7:00 am - November 4 @ 6:00 pm
Videos

Ep 2: Fintechs Acceleration of Growth Since COVID

Ep 1: The Evolution of Payments

Scaling Product Globally

Podcasts

Lee Hatton – Afterpay: FinTech Australia Podcast

Anthony Jones – Visa AUS/NZ

Tim Cameron – TransferWise