June 15, 2018 @ 7:42 am By JD Alois  |  

FinTech Australia is in the midst of a transition. Just as the Fintech industry continues to shift and change direction, Australia’s leading Fintech advocacy group adjusts and adds new names to its leadership. According to the group, the new board of directors will take shape… Read More

June 13, 2018 @ 7:00 pm By JD Alois  |  

FinTech Australia has shared the 2018 Finnie Award winners. The second annual industry event recognizes the best in financial innovation in the fast growing sector of finance. Receiving the top award of Australia’s outstanding FinTech leader of the year is Katherine McConnell, the founder and CEO of… Read More

June 4, 2018 @ 10:54 am By Samantha Hurst  |  

Following further delays of credit reporting legislation, FinTech Australia announced on Friday it is now calling for the legation to continue to progress. The organization reported that despite a proposed July 1st implementation date, the legislation is still in the House of Representatives and there… Read More

May 17, 2018 @ 12:04 am By JD Alois  |  

FinTech Australia has revealed the finalists for their 2018 Finnie Awards. Fintech focused companies are competing for 23 different categories. Overall, 89 companies were selected as finalists from over 200 submissions. The finalists were reviewed by 81 domestic and international judges. The Finalists are as follows:… Read More

May 16, 2018 @ 11:31 pm By JD Alois  |  

Brad Kitschke has been selected as the new CEO of FinTech Australia. Kitschke follows in the footsteps of founding CEO Danielle Szetho who announced her resignation earlier this year. Sarah Worboys acted as interim CEO during the executive search. Kitschke has a history of working with… Read More

May 9, 2018 @ 10:38 pm By JD Alois  |  

FinTech Australia is lauding the Aussie Government’s policy push regarding Open Banking. The advocacy group says the Australian decision has pushed back against big banks to open true banking reform by next year. “A government-backed Open Banking framework will be a game-changer for consumers and businesses,… Read More

May 8, 2018 @ 7:43 am By JD Alois  |  

FinTech Australia says their industry will benefit from the 2018-2019 Australian Budget but big news on Open Banking will wait for a future date. Stuart Stoyan, Chair of FinTech Australia, says he welcomes a number of funding measures outlined in the budget. These include: $44.6… Read More

April 16, 2018 @ 10:05 pm By JD Alois  |  

“Stop knee-jerk anti-competitive measures by banks” FinTech Australia is out with a note on the push to achieve Open Banking rules – somewhat similar to what the UK kicked off this past January. The advocacy group responded to a submission by the Australian Banking Association… Read More

March 25, 2018 @ 8:00 pm By JD Alois  |  

FinTech Australia has extended the deadline for nominations regarding the 2018 Finne Awards. The new deadline is now midnight April 8th.  Judging is scheduled to take place immediately after the deadline with finalists notified on Monday, May 7th. It all comes together for the gala… Read More

March 23, 2018 @ 1:00 am By JD Alois  |  

Today, the UK Chancellor of the Exchequer Philip Hammond announced an updated agreement signed with Australian Treasurer Scott Morrison to firmly establish a Fintech bridge between the two countries. This virtual bridge will see both public officials and private partiers working together to foster Fintech… Read More

March 16, 2018 @ 3:28 pm By JD Alois  |  

  FinTech Australia, is highlighting a report this week that points to the decline in traditional fince options (IE Banks) and the ongoing rise in SMEs using Fintech platforms to address their capital needs. The report is courtesy of the Scottish Pacific SME Growth Index, released… Read More

March 8, 2018 @ 6:30 pm By JD Alois  |  

Danielle Szetho, the longtime CEO of FinTech Australia, announced her resignation today following two successful years of guiding the young organization to become the leading voice for innovative finance in Australia. FinTech Australia said that Sara Worboys will take over as interim CEO beginning March… Read More

March 6, 2018 @ 9:35 pm By JD Alois  |  

FinTech Australia and the NSW Government’s Jobs for NSW are joining to launch the 2018 Finnie awards. According to FinTech Australia, a total of 23 awards will be presented including Fintech Organisation of the Year, Outstanding Fintech Leader of the Year, Female Fintech Leader of the… Read More

February 27, 2018 @ 5:24 pm By JD Alois  |  

Three Australian groups have joined together to produce a report that outlines the steps taken by Fintech lenders to boost both transparency and disclosure. FinTech Australia, the Australian Small Business and Family Enterprise Ombudsman, and theBankDoctor published a report today that reviews Fintech lending to… Read More

February 9, 2018 @ 12:45 pm By JD Alois  |  

“Open banking regime will empower customers, enhance competition and drive Australian innovation” FinTech Australia today welcomed news that the Australian Government will legislate to empower customers by requiring banks to allow these customers to access their own data. The Government has published a report on… Read More

February 1, 2018 @ 12:27 am By JD Alois  |  

Australia enacted new crowdfunding regulation (Crowd-sourced funding) in 2017 but left a gaping shortcoming  in the new rules. For some obtuse reason, only unlisted public companies may crowdfund up to $5 million under current law. The vast majority of SME businesses in Australia are private companies thus… Read More

January 25, 2018 @ 9:04 am By JD Alois  |  

In December, the Australian Tax Office (ATO) posted an explanation of tax treatment regarding Bitcoin and other cryptocurrencies. In response to recent media reports that ATO has set up a new taskforce to examine tax issues around cryptocurrencies, FinTech Australia has posted a response. Danielle Szetho, FinTech… Read More

January 24, 2018 @ 11:30 pm By JD Alois  |  

Stuart Stoyan, the founder and CEO of Melbourne-based company MoneyPlace – the second fully licensed marketplace lending platform, has become FinTech Australia’s new chair following the departure of founding chair Simon Cant. Stoyan has agreed to be FinTech Australia’s acting chair until June 2018 when… Read More

December 18, 2017 @ 5:19 pm By JD Alois  |  

FinTech Australia has provided a comment on the consultation paper published in August regarding authorising new entrants into the banking industry. The creation of digital challenger banks in Australia is a welcomed move but, according to FinTech Australia, needs some improvement. The discussion paper proposes… Read More

December 17, 2017 @ 6:46 pm By JD Alois  |  

FinTech Indonesia and FinTech Australia have signed a memorandum of understanding (MOU) in a move designed to propel the mutual development of Fintech in both jurisdictions. FinTech Australia is the leading voice of the emerging Fintech industry in Australia. The group is actively engaged with… Read More