FinTech Voice November 04
Post the departure of our CEO last week, we continue our momentum of success with more announcements, submissions, partnerships and initiatives to support the growth of the industry. We have achieved so much under changing industry trends and we will continue to do so with your support and engagement.
Our policy work has quickly picked up with several new consultations coming in, including the ACCC‘s draft information security self-assessment form, ASIC‘s final review of the ePayments Code following on from CP341 last year, and the Attorney-General’s follow-up review of the Privacy Act. We are working with our members on these submissions.
Our Bridging the Australia-UK FinTech Landscape event and our webinar with ASX focussed on Distributed ledger technology (DLT) as a Service were a big success. Videos now up on our youtube channels. Visit our events page for updates on more events planned!
The Singapore Fintech Festival is on 11 November, 2021. Sydney is proud to be a host city for the World FinTech Festival. Our community get to attend the event for free. Simply click on the link to redeem your complimentary pass.
We have also partnered with FINTECH21, a two-day, two-stream program on Blockchain & Crypto and Fintech Trends as part of SmallBizWeek. Book your tickets for Australia’s largest fintech event of 2022 – 23-24 March 2022. Also, reach out to us for speaking and exhibition opportunities.
If you have any feedback or require any support, the team is always available.
Finally, we welcome our growing member base with new members – BETACARBON PTY LTD, FLY WALLET PTY LTD and APPLYPAY.
Consumer Data Right – IT Self Assessment form
Version 3 of the CDR rules introduces new ways businesses can participate in the CDR and includes sponsored accreditation. We are seeking member feedback for this review.
ePayments Code Review
ASIC has released a final follow-up on its ePayments Code (Code) review.
We are planning to make a submission in response to ASIC’s final consultation and we are currently seeking member feedback for this review
As part of our review of the Privacy Act 1988, we are seeking member feedback for this review.
Mobile Payment and Digital Wallet Financial Services Report
FinTech Australia is pleased to announce that the Parliamentary Joint Committee on Corporations and Financial Services released its report recently
ASIC’s response to CP 343
FinTech Australia is pleased to announce that ASIC has released Report 705 in response to its Consultation Paper 343 on “Crypto-assets as underlying assets for ETPs and other products”, which FinTech Australia submitted in response to in August 2021.
AUSTRAC’s statement on de-banking
AUSTRAC released their statement on de-banking – FinTech Australia is pleased to note that AUSTRAC has reaffirmed their commitment to financial inclusion and has reinforced the importance of reviewing ML/TF concerns on a case-by-case basis.
AUSTRAC has encouraged banks to work with fintechs to implement measures to reduce ML/TF risks. We hope that AUSTRAC’s stance on de-banking will assist in promoting meaningful engagement between fintechs and banks and also reduce the potential for fintechs to be indiscriminately de-banked.
💲 FinTech Australia is partnering with FINTECH21, a 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.
🇲🇽 Join the OpenFinance Summit 2020, a 4-day congress in Latin America that brings together the Fintech industry – 16-19 Nov 2021. Want to also feature as a speaker in this event? Visit here to fill in your details and know more about the Summit.
🤝🏻 Australia India Chamber of Commerce (AICC) are hosting an upcoming workshop on Cyber Security with Global Victoria, MinterEllison, the Bombay Chamber of Commerce and Industry and the Madras Chamber of Commerce & Industry to bring together key stakeholders and connect like-minded organisations while delivering commercial outcomes for both Victoria and India. Contact the National Office and join now.
👩🏻🎓 The demand for digital skills is growing, and the Victorian Government’s new Digital Jobs program is helping build Victoria’s digital workforce to help businesses thrive. Over the next three years, mid-career Victorians will complete a six-month program that includes 12 weeks of industry-backed training followed by 12 weeks in a paid digital job with a Victorian business. Some of the state’s top employers will host candidates, including ANZ, Carsales, Zendesk, Amazon and MYOB.
🇮🇳 Fintech OI is offering a 3-month virtual program – The India FinTech Market Access Program which will focus on possibilities of developing an India strategy for your FinTech venture, with the help of local experts. Learn more about the program and apply today!
🇸🇬 Singapore FinTech Festival (SFF) 2021 is hosting a hybrid conference and exhibition from 8 – 12 Nov 2021. With Web 3.0 as this year’s theme, there will be global experts to discuss how Web 3.0 and key technological advances will power the future of financial services. Visit SFF 2021, for more info and register today!.
💻 Tremenos is hosting a SCALE event dedicated to developers and enterprise software professionals working in the fintech space. A two-day event of high-quality content, including technical and customer presentations, product roadmap sessions, demonstrations, and plenty of opportunities to talk with the experts – 16 and 17 Nov 2021. Learn more about the event and register.
🛒 Join Riskified in the celebration of their new office launch in Melbourne and a webinar on how you can mitigate fraud and grow your eCommerce revenue – Nov 10, 5:30 PM AEDT. For more info, visit
🚀 Launch Academy are hosting a live pitch event. Six hand-selected companies exclusive to Launch’s programs will virtually present a 90-second pitch in front of Launch.VC’s community of 1,000+ founders, investors and industry experts. Join LIVE for free from anywhere in the world on November 17 – Register here
Don’t miss all the news and insights from our members and corporate partners from our newsroom.