Special Feature - Australia: Australian Treasurer to Address Major FinTech Summit

From October 27th to November 3rd, Melbourne will play host to FinTech Australia’s Intersekt Festival, of which RFi Group, is a proud Media Partner.

The seven-day extravaganza is set to be one of the most exciting fintech events held in Asia Pacific. It will bring together over 1,000 delegates, to reflect that Australia is in fact the world’s ‘intersection’ for fintech innovation.

Highlights include a two-day Collab/Collide Summit, a three-day hackathon, two community days and a one-day blockchain event. The State Government of Victoria is Intersekt’s presenting partner, with other partners including York Butter Factory, Next Money, FinTech Victoria and RFi Group.

As a part of our media partnership, our co-founder and Managing Director - Consulting Alan Shields, will be speaking on the Global Finance Disrupted panel, our Head of Client Insights, Kate Wilson will be moderating a main stage panel on Open Banking and our Group Media Director Chloé James will be MC’ing the two-day Collab/Collide Summit.

The most recent addition, Australian Treasurer Scott Morrison, has also just confirmed he will address the Collab/Collide Summit, on 2-3 November at the Melbourne Convention and Exhibition Centre.

Mr Morrison is responsible for driving the government’s policy and regulatory reforms to support Australia’s fintech industry. This is part of a broader agenda to improve competition and boost customer outcomes from banking and financial services such as;

• The proposed expansion of Australia’s fintech regulatory sandbox
• A commitment to allow customers to more easily access to their own financial data
• Steps to reduce barriers for fintech firms to become challenger banks
• The release of draft legislation to extend the government’s crowd-sourced equity funding framework from public companies to private companies
• The removal of double taxation on digital currencies, such as bitcoin; and
• An announcement that the government will legislate a mandatory comprehensive credit reporting regime, if credit providers are not reporting at least 40 per cent of their data by the end of 2017

To find out more about the event, visit: www.intersektfestival.com

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