Unveiling contextual and circumstantial peculiarities of sustainable business growth for FinTech, the fireside chat will revolve around the following themes: a) COVID-19 and redefinition of growth, b) current and future trends of accessing, raising and retaining capital and c) global perspectives, insights and best practices for FinTech venturing.

The story of Unloan. Understand not just the journey, but the tech integration and strategic buy in required to build a disruptive digital home loan business inside Australia’s largest bank.

The use of venture debt has gained in popularity as emerging growth companies remain private longer and seek creative forms of financing that minimize dilution. Join us with a panel discussion on the role of debt in a down market featuring representatives from OneVentures, Tractor Ventures and Lighter Capital.

ANZ Worldline Payment Solutions launched in April this year – a partnership between ANZ bank and global payments leader Worldline. In this session, ANZ Worldline’s Chief Market Officer, Anne McDonnell and Chief Financial Officer, Carl Walsh discuss the fast-changing payments landscape, here and internationally, and the big opportunities for Australia.

Earlier this year, Treasury sought initial feedback on types of crypto assets and their classification. The Government has now announced it will prioritise token mapping to give clarity about whether certain crypto assets are financial products and inform further work on crypto licensing and custody regulation.

This session will give participants the opportunity to join the discussion with Treasury on the classification of crypto and provide direct input into the Government’s token mapping project.

A candid conversation about the state of Open Banking and how to successfully use it as a fintech.

With an increasing number of fintechs getting on board, it looks like Open Banking is finally ‘Open for business’. But can Open Banking deliver the customer experience you’re after? And how do you build a successful use case?

In this session, we’ll share data and insights from 2 years of Open Banking, a realistic picture of where we are today and what the future holds.

We used to ask whether “fintechs would put the banks out of business?” But today it is about how fintechs can partner with banks, traditional FS providers, non-FS companies, and most importantly, how fintechs can partner with each other.

Late last year AUSTRAC issued a statement acknowledging the disproportionate impact of de-banking on fintechs. AUSTRAC called on banks to adopt a case-by-case risk-based approach when assessing anti-money laundering and counter-terrorism financing (AML/CTF) risks. This session will provide the opportunity to hear from AUSTRAC directly on how it is engaging across the ecosystem to reduce de-banking and the role fintechs can play maintaining links to the banking system.

Payments innovation is moving at a pace we’ve never seen before. Meanwhile, its role in enhancing customer experiences is becoming increasingly important for firms seeking to deliver a frictionless and delightful customer journey.

Previously the exclusive domain of incumbent banks and payment giants, NextGen payment innovations are democratising access to powerful technologies that unify every customer touchpoint and enable organisations of all sizes to realise their full potential.

Join this roundtable to discover how your business can use game-changing payment solutions to fuel memorable customer experiences – without the need for any payments expertise.

Expectations for digital commerce have evolved rapidly, and new shopping behaviours that were adopted during the pandemic are now here to stay. This is creating a new paradigm for businesses – all of whom aspire not just to meet today’s baseline for great commerce experiences, but to stay ahead of tomorrow’s expectations – and the digital world isn’t standing still. In this session we explore the trends impacting consumer and business payments and hear from some of Australia’s leading fintechs on how to best cut through the noise and leverage new technology and partnerships to capture the opportunities these trends present – from digital currency and DeFi to small business digitisation.

In this online era, more data than ever is being generated from digital banking, and at the same time, consumers are gaining control over their data via CDR. This move to open data changes goes beyond regulation – it has the potential to pioneer partnerships that could completely reshape customer experiences.

Australia’s Consumer Data Right (CDR) is introducing an economy-wide consumer data sharing regime. The ACCC’s role in the Consumer Data Right includes accrediting data recipients, supporting data recipients with testing and on-boarding to the CDR ecosystem, enforcing the CDR Rules and developing and supporting the technology solutions that support secure data sharing. Over the last year, updates to the CDR rules have added new pathways to participating and made data sharing easier.

In this session hear from the ACCC and Treasury about how you can become an accredited data recipient, the new CDR representative arrangements, and the support available for testing and on-boarding. Participants will also be able to find out more about the ACCC’s recently launched CDR Sandbox testing environment.

The role purpose-led companies can play in providing the S in ESG, funding for ESG mandated funds has mostly gone into E.

Scott Farrell’s Review of the Australian Payments System, released last year, recommended the Government develop a strategic plan for the payments ecosystem to provide certainty on policy priorities and future strategic directions.
In this session hear from Scott Farrell and Treasury about the next steps in developing this strategic plan and the future challenges and opportunities for payments in Australia.

In this new and evolving digital economy, it has never been so easy to connect online; from applying for a loan, booking travel, to one-click payment. Unfortunately, as online activities expand, so too do fraudulent schemes, with scammers growing more sophisticated by the day.

Companies big and small fight fraud on a daily basis. Synthetic identity fraud, in particular, is a major concern, particularly for those in the financial industry. Indeed, as one of the toughest frauds to mitigate, it is one of the fastest growing threats. In 2020 alone, the loss from these types of scams nearly doubled from 2019 to $3.3 billion

Still, friction is not the answer. While customers demand security, they also want an easy experience from onboarding to transaction. And, if you don’t provide it? You lose them.

For example, according to MANTL‘s research, with each additional inquiry in the account opening process, application drop-off will increase. Collecting a driver’s license picture causes a 29% drop in conversions, with just a 1.5% decrease in fraud loss.

Join us for a panel discussion where we discuss:
1. The current landscape of fraud and latest trends impacting our industries
2. Combatting the challenges and opening the opportunities – from the underbanked to cross-border payments
3. Best practices to protect your reputation, bottom line, and customers – such as leveraging biometrics, machine learning, and network data.

In a new and exciting world where private assets are tokenised and traded on secondary platforms, David Ferrall, CEO of FinClear will share his insights on delivering solutions into the private market universe

Reducing Friction in Payments by putting the Customer at the centre of the payments experience

Last month the Reserve Bank of Australia (RBA) announced it is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project to explore use cases for a central bank digital currency (CBDC) in Australia. The project will involve the development of a limited-scale CBDC pilot that will represent a real claim on the RBA. Interested industry participants will be invited to develop specific use cases that demonstrate how a CBDC could be used to provide innovative and value-added payment and settlement services to households and businesses.

In this session hear from the RBA about the project and about how industry participants will be able to engage.

“Time to value” is at the centre of decisions being made by Financial Service businesses today. All are trying to navigate: cost of entry, technology choices, playing to your strengths, changing market dynamics, and essential funding and commerciality success as focus moves from rapid scale to revenue and profit. This panel explores how partnerships are critical to helping accelerate time to value and provide more confidence to new and existing businesses to be in control of their path to success.

Hear from experts in the private and public sector discuss what the future looks like for CDR and how fintech’s and regulators can work together for further success.

Start Path is Mastercard’s global accelerator programme for later stage start-ups.
During this panel, you’ll hear from some of Mastercard Australia’s most successful homegrown Start Path alumni and learn how the programme helped them to propel and scale their businesses by connecting them to Mastercard’s global network of financial institutions and commerce innovators.

In this roundtable hear from Australian Payments Plus and NPP Australia about how financial institutions, fintechs and payment service providers have collaborated to develop the new PayTo payment service and the next steps in its rollout. Participants will also have the opportunity to discuss the immediate priorities for the recently formed Australian Payments Plus, Australia’s domestic payments organisation, including supporting the development of QR code payments, digital identity and digital wallet services.

Global capital markets are undergoing transformational change. Users of traditional fixed income and equity markets are seeking to improve their competitiveness and reduce risk. They are automating and simplifying operations using APIs, cloud and AI/machine learning. They are improving service levels through digitisation and they are building new business models to better align with customers. At the same time, enormous innovation is underway in digital markets, where tokenisation, crypto, CDBC, DeFI and NFTs bring the promise of transformational change.

In this session, hear how the US$400tr traditional and US$1tr digital markets might converge over time. What are the challenges for both incumbents and innovators? Which innovations show most promise? What are the barriers to adoption and what issues are top of mind for stakeholders and decision makers?

Businesses are being forced to do more with less, and there’s an important role that fintech plays in reducing complexity in how we live, work, and do business.

This panel will explore how fintech has positioned themselves as industry leaders within Australia, enabling growth for businesses across several different industries and discuss how being disruptive and transformative is a game changer in today’s ever-changing environment.

What does the future of loyalty look like in fintech? Are we a gift card nation? What trends are we seeing to obtain, maintain and service customers? Find out about future trends and tools in this session!

The Future Directions for the Consumer Data Right Report strongly recommended the introduction of write access as the next stage in the advancement of the CDR in Australia. Given its potential benefits to Australian consumers and businesses, bank account-to-account payment initiation was flagged as a first priority for the CDR roadmap.

This roundtable will give participants the opportunity to join the discussion with Treasury and provide input on the future design of action initiation under the CDR. The roundtable will seek to discuss the potential framework for action initiation and will seek feedback on use cases and applications for action initiation to deliver value for consumers and businesses.

For Australia’s 2.3 million small businesses, banking is an underserved market, so fintechs have moved in.

Increasingly, businesses can satisfy their banking, cash management, lending, payments, and financial admin needs by working with a fintech.

That’s why business banking is the new battlefront.

Is the trend the fintechs’ friend? Or can the banks reverse it? And what about big tech?

Proptech companies are currently disrupting  how properties are designed, planned, constructed and transacted. The Proptech enabled transaction revolution allows for ways to disintermediate the process while reducing cost, making it faster, more efficient and increasing security. Transactional proptechs are a convergence of fintech, regtech, insurtech and legal tech for real estate, one of the world’s oldest and largest industries.  Join Live-sign, Brickfloor and Downsizer in a discussion around their impact in this revolution.

In this session hear about how ASIC’s Innovation Hub provides support to startups and scaleups navigating Australia’s financial regulatory system, including by facilitating the Government’s Enhanced Regulatory Sandbox.

When KYC processes were first implemented, most accounts were opened at brick-and-mortar locations. It was easy to consider the KYC process as a way to verify a customer’s identity since they were in front of you and you could take the applicant through the entire process without risking abandonment.

But the world has changed drastically and today businesses are driven by the digital-first economy.

Cyber criminals have also evolved – recent tactics include brand abuse and rogue mobile apps that imitate a legitimate company to gain users’ personal data, log-ins, and credit card information.
According to the Global Banking Fraud Survey, over half of respondents recover less than 25% of fraud losses; demonstrating that fraud prevention is key.

Financial sector must adapt and innovate KYC and onboarding processes to meet customer expectations for a quick and easy online account opening experience while maintaining a tolerable level of risk. This means it’s increasingly important that businesses implement more sophisticated onboarding strategies focused on identity verification that goes beyond compliance.

During this roundtable, let’s discuss what are the practical steps that can be taken to close the gaps left by KYC; verifying digital identities while increasing customer acquisition and stopping sophisticated fraud attacks.

What opportunities exist in this emerging area of the fintech market here in AUS?

Fintech is all about innovation. Join us for a discussion of the support that the Australian Government provides to business Research and Development activities through the R&D Tax Incentive, and how that works for Fintechs.

One of the greatest challenges for fintech start-ups, just like in most other businesses, is sourcing funding. As a scale-up, it is vital to diversify your funding to fuel growth throughout the business life cycle.
This session will discuss on how diversifying your funding can accelerate your growth.

We will take a look into how current and near-future changes to our payment industry – the participants, economics, regulation and access are playing out for banks and for fintechs and what could be done to optimise that future state.