FinTech Voice March 10, 2022

During these uncertain times, our thoughts go out to all those impacted by the floods or by the international turmoil.

Over the last fortnight FinTech Australia held two webinars – CDR in 2022: leveraging Open Data just got a whole lot easier and Transforming the KYC experience using the Trusted Digital Identity Scheme with Eftpos Australia. We were delighted to have such a high level of engagement during the webinar. The videos are now up on our youtube channel, if you missed it.

Entries are closing soon for the Finnie Awards 2022! Submit your applications before 30 March 2022. Please reach out to us if you’re also looking for sponsorships. We can’t wait to celebrate in-person again after two equally fun virtual awards nights.

The new episode of our FinTech Australia Podcast series is out. In this episode we talk about the industry landscape in Australia – Industry developments , some fresh fintech news and more. Check out the episode here. You can also listen to our podcasts on Apple and Spotify.

Austrade is hosting a webinar on Entering the German Market – A guide for Australian Technology Companies. Learn how to successfully enter the German market. Visit here to learn more and register

With respect to policy updates, ASIC released the draft review of the ePayments Code. ASIC also launched a consultation on The Financial Services and Credit Panel overhaul.

Finally, we welcome our newest member this fortnight – COVERHERO PTY LTD

Regards,

Andrew Porter,
CEO,
FinTech Australia

ePayments Code

ASIC released the report on feedback of the ePayments Code which FinTech Australia has consulted on.

ASIC has invited us to consider the drafting of the changes made to the Code and provide feedback by no later than close of business on Friday, 25 March 2022. Note that they are asking only for feedback on whether the draft wording used to make the changes is clear and aligns with the positions taken in REP 718. Feedback for the same is open until 25 March, 2022.

ASIC’s consults on the FSCP overhaul

The Financial Services and Credit Panel (FSCP) is a pool of industry participants, appointed by the Minister responsible for administering the Corporations Act 2001, that ASIC draws upon when forming individual sitting panels (sitting panels). Under the current regime the sitting panel will be convened by ASIC to consider certain suspected misconduct by, or circumstances relating to, a financial adviser. Consultation Paper here.

 

💹 Fintech startup accelerator F10 has launched an Incubation Program in Singapore. The program will support early-stage startups built on Klaytn, a blockchain platform developed by internet giant Kakao Corp. The 3-month program kicks off in April 2022Visit here to learn more and register.

📖 Join the Fintech in Vietnam Program delivered by Asialink Business in association with Department of Industry, Science, Energy and Resources (DISER) and Austrade starting 10 March 2022 – 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!

 

🇩🇪 Join a webinar on Entering the German Market – A guide for Australian Technology Companies hosted by Austrade in association with Berlin based coworking space Betahaus Inc. to find out how to successfully enter the German market – 10 March. Visit here to learn more.

⛓️ Join the Fintech Week Tel Aviv 2022 at the Tel Aviv Stock Exchange, starting 21-23 March. It will take a deep dive into fintech’s key offerings, and discuss the pressing issues and challenges that lie ahead, and will try to get everyone thinking about how it all evolves and what the next phase will look like. Register today! Use promo code is: AUSTLV22.

💲 Money20/20 Europe is back to Amsterdam this 7 – 9 June 2022. A place where the fintech community loves to do business and this year it’s bigger, sharper and giving unparalleled show experiences. Passes are now on sale. Get yours soon here.

⛓️ FinTech Australia is partnering with FINTECH21a two-day, two-stream program on Blockchain & Crypto and Fintech Trends. Book your tickets for Australia’s largest fintech event of 2022 – 23-24 March 2022. Also, reach out to us for speaking and exhibiting opportunities. Our members also get a 15% discount to attend! Use Code FAU15

 

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

  • Swyftx released first poll of Australian business leaders on crypto to help the country become a crypto hub.
  • Frollo published their report Open Banking API Performance
  • RSM recently released its report on GST reform in post COVID-19 Australia
  • DiviPay’s journey to being Australia’s first all-in-one expense management solution
  • PSC Insurance Brokers joins FinTech Australia’s partnership program
  • Payble welcomes Elise Fairbairn, senior banking executive, to Board of Directors
  • Basiq updates its platform with the launch of Basiq 3.0 to become an open finance platform through a single API.

 

  • Zeller raises $100M AUDSeries B at $1B AUD valuation
  • Digital disruption is continuing to fragment the world of investing
  • A landmark report into Australia’s startup ecosystem – State of Australian Startup Funding report, released by Folklore Ventures and Cut Through Venture. Reveals, the age of fintech for investors is shifting to climate tech startups in 2022
Upcoming Events
  1. Finnies 2022

    June 23
  2. Intersekt 2022

    September 7 - September 8
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