FinTech Australia's Podcast

This Fintech Australia episode is a podcast interview with Steve Kemp, Head of Financial Institutions, Partnerships, APAC and Emerging Markets at Intuit. 

The discussion focuses on Intuit's involvement with the Consumer Data Right (CDR) initiative in Australia, particularly their sponsorship of the recent CDR Summit hosted by FinTech Australia. 

Steve highlights Intuit's commitment to CDR since its inception, aiming to make it a viable alternative to existing data access methods like screen scraping. He emphasises the importance of collaboration among industry players, including competitors, to drive CDR's evolution and ensure it meets the needs of consumers and small businesses. 

Key topics include the role of AI in powering insights from CDR data, the challenges of making CDR fully accessible and seamless for all Australians, and the value of events like the CDR Summit in fostering industry cooperation and advocacy.

• Dan Jovevski is the CEO and Founder of WeMoney.
• WeMoney aims to help Australians manage their finances better, addressing the $2.3 trillion debt crisis.
• The platform uses open banking to consolidate various financial accounts into one view.
• It helps users track their credit health and identify savings opportunities on loans, mortgages, and other expenses.

Consumer Benefits

• WeMoney provides a comprehensive view of all financial accounts.
• It helps users understand and improve their credit scores.
• The platform identifies overpayments and suggests better financial products.
• Users can save significant amounts monthly by switching to better deals.

User Engagement

• Many users are unaware of their current interest rates.
• WeMoney educates users about their financial products and potential savings.
• The platform personalises recommendations to help users save money.

Process and Future Plans

• Currently, users are redirected to third-party providers for financial products.
• WeMoney aims to streamline this process, making it easier and faster for users to switch accounts.
• The vision is to create a "one-button finance" system for seamless financial management.

Credit Scores and Financial Products

• WeMoney focuses on improving users' financial positions by offering better loan rates.
• Awareness of credit scores in Australia is low, but knowing one's credit score can lead to significant savings.
• WeMoney helps users improve their credit scores through education and personalised advice.

Awards and Recognition

• WeMoney won three awards at the Finnies: Excellence in Wealth Management, Fintech Organisation of the Year (People's Choice), and Excellence in Open Data.
• The awards recognize the team's hard work and the platform's impact on users' financial health.

Open Data and CDR

• WeMoney is a leading aggregator of Consumer Data Right (CDR) data in Australia.
• The platform leverages CDR to help users save money by identifying better financial products.
• WeMoney actively participates in CDR events and discussions to drive the future of open banking.

Importance of FinTech Events

• FinTech Australia events like the Finnies and Intersekt are crucial for networking and collaboration.
• These events inspire new ideas and partnerships within the FinTech community.
• Dan Jovevski emphasizes the value of attending these events for industry growth and innovation.

• The FinTech Australia Business Spotlight Podcast focuses on the challenges, opportunities, and stories within the Australian FinTech industry.
• This podcast was with Marshall Pribadi ,  founder and CEO, and Rob Hotchin, Australia Country Manager, who represent Privy, a digital identity provider with over 45 million users and 3,000 corporate clients.
• Privy was inspired by Marshall's personal experience with inefficient identity verification processes and aims to eliminate repetitive identity verification for users and institutions.
• Privy started in 2016, consulting with the Indonesian Ministry of ICT and becoming a certified authority to issue digital identities and legally binding digital signatures.
• The company has significantly grown, shaping the digital economy, especially during the pandemic, by enabling online credit card applications and bank account openings without physical interactions.
• Privy has attracted major investors like KKR and Okta, benefiting from their global networks, expertise in scaling businesses, and co-marketing opportunities.
• Rob Hotchin's background in cloud infrastructure and software, and his vision for Privy in Australia, focuses on consumer control over digital identity and challenging the e-signature market's status quo.
• Privy aims to understand and adapt to Australia's digital identity landscape, emphasizing consumer control, convenience, and confidence.
• The Australian Government's digital ID bill is seen as a positive step towards defining the digital identity landscape, with Privy aiming to contribute to and benefit from this evolving framework.
• The discussion highlights the potential for digital identity solutions to improve security, efficiency, and user control, with Privy positioned as a key player in this space in Australia.

In this very special episode we chat to Michael Paris from Fintech Scotland.

Fintech has emerged as a transformative force in the financial sector, offering innovative solutions that not only enhance financial services but also address broader societal issues, including environmental sustainability, customer vulnerability, and overall financial well-being.

Those objectives are heavily featured in the Research & Innovation Roadmap published by FinTech Scotland 2 years ago.

In Scotland the majority of fintechs are aligned to those objectives and are seen as "fintech for good".

Today we'll explore what we meen by fintech for good looking at 3 Scottish fintech examples that are changing paradigms across a wide range of topics.We'll also take some time to consider how those organisations are driving positive changes.

This episode is recorded in collaboration with FinTech Scotland the Fintech Cluster Management organisation and their Marketing Director, Mickael Paris.

Mickael is joined by Ren Hooi, Founder and CEO at Lightning Reach, Robin Peters, Co-founder and CEO at Snugg and Sheila Hogan, Founder and CEO at Biscuit Tin.

This podcast is proudly supported by Scottish Development International, Scotland’s trade and investment agency, helping businesses from around the world do business in and with Scotland.  For more information on Scotland’s thriving fintechecosystem, please contact Cindy Callander, Senior Trade Specialist, Melbourne, Australia.

[email protected]

In this Podcast Tim Poskitt talks about his new role at Startupbootcamp and their involvement in Fintech for  Net Zero. 

FinTech Australia has launched a new event aimed at showcasing sustainability-focused fintech companies.

Held in partnership with The Australian Trade and Investment Commission, Startupbootcamp and BDO, FinTech for Net Zero will play host to a panel discussion on fintech’s role in managing the challenge of climate change. Several impact fintechs including Slyp, FootprintLab, Good for B and Clima will also pitch at the event.

In addition, FinTech Australia will also partner with Clima to offset any emissions associated with the event. It will be held at BDO’s office (1 Margaret St Sydney) from 4pm on Tuesday March 12.

In this Podcast Tim Poskitt talks about his new role at Startupbootcamp and their involvement in Fintech for  Net Zero. 

FinTech Australia has launched a new event aimed at showcasing sustainability-focused fintech companies.

Held in partnership with The Australian Trade and Investment Commission, Startupbootcamp and BDO, FinTech for Net Zero will play host to a panel discussion on fintech’s role in managing the challenge of climate change. Several impact fintechs including Slyp, FootprintLab, Good for B and Clima will also pitch at the event. 

In addition, FinTech Australia will also partner with Clima to offset any emissions associated with the event. It will be held at BDO’s office (1 Margaret St Sydney) from 4pm on Tuesday March 12.

In this very special episode we chat to Michael Paris from Fintech Scotland.


Fintech has emerged as a transformative force in the financial sector, offering innovative solutions that not only enhance financial services but also address broader societal issues, including environmental sustainability, customer vulnerability, and overall financial well-being.

Those objectives are heavily featured in the Research & Innovation Roadmap published by FinTech Scotland 2 years ago.

In Scotland the majority of fintechs are aligned to those objectives and are seen as "fintech for good".

Today we'll explore what we meen by fintech for good looking at 3 Scottish fintech examples that are changing paradigms across a wide range of topics.We'll also take some time to consider how those organisations are driving positive changes.

This episode is recorded in collaboration with FinTech Scotland the Fintech Cluster Management organisation and their Marketing Director, Mickael Paris.

Mickael is joined by Ren Hooi, Founder and CEO at Lightning Reach, Robin Peters, Co-founder and CEO at Snugg and Sheila Hogan, Founder and CEO at Biscuit Tin.

This podcast is proudly supported by Scottish Development International, Scotland’s trade and investment agency, helping businesses from around the world do business in and with Scotland.  For more information on Scotland’s thriving fintechecosystem, please contact Cindy Callander, Senior Trade Specialist, Melbourne, Australia.

[email protected] 

In this week's episode we chat to Ada Guan from RDC. (Rich Data Co). 
 
Ada talks about the early days of RDC, their growth, the importance of AI as well as a Fintech Australia story which assisted them to a trip overseas. 

RDC aims to accelerate innovation in business lending to deliver transformational and sustainable long term business success for customers.

In this week's episode we chat to Ada Guan from RDC. (Rich Data Co). 
 
Ada talks about the early days of RDC, their growth, the importance of AI as well as a Fintech Australia story which assisted them to a trip overseas. 

RDC aims to accelerate innovation in business lending to deliver transformational and sustainable long term business success for customers.

Matt Vitale from Birchal joined the Fintech Australia podcast this week to talk about CSF and his company Birchal.

Matt goes in to the details around what crowd funding is, how Birchal have operated, the challenges, the messaging and the funding. 

Matt also tooks about a recent report where over $70m was invested in to CSF campaigns in 2023.