Binu Paul of PocketWise shares an update on the NZ FinTech Summit
Open Banking, Customer Engagement and Cyber Security are just a few of the topics that NZ Fintech Summit 2018 will delve into on Thursday 29 November at the Pullman, Auckland.
Open Banking is still in its infancy in New Zealand. It has notably made some inroads into the institutional lexicon and the boardroom attention span, but is largely a foreign concept to most Kiwis. A classic case of you don’t know what you don’t know.
Q: How does your role relate to the FinTech sector?
A: I work with FinTech companies who are considering using a data aggregation partner, advising on best practice and commercial considerations. Working closely with industry bodies, we try to enable FinTechs to thrive whilst also facilitating collaboration with established organisations where possible.
Q: What are you doing in the FinTech space?
A: Yodlee is innovating in the financial wellness space with additional offerings that are underpinned by our data aggregation and categorization solutions.
Any day now the Royal Commission will release its initial findings into its first ever review of the integrity systems of New Zealand’s financial system.
The review covers New Zealand’s financial institutions along with industry bodies, regulators, dispute resolution schemes and the payments and settlement system.
FintechNZ general manager James Brown says the report will have implications for New Zealand, though he says it is encouraging to see the proactive positive work being done already by New Zealand’s major banks.
Auckland – Amazon dipping its toes into the insurance market in India may likely have ripples effects for New Zealand, which is seen as a test bed for large organisations looking to try something new.
Brokerages and broker groups need to think fast about investing in digital platforms if they want to keep their customers happy, according to an insurtech specialist.
This blog proposes that cross sector collaboration is the key to accelerating sector Innovation for the good of all. It identifies the core market participants (with a particular focus on energising engagement between InsurTech’s and Incumbents) and notes the core issues the writer observes the InsurTech sector seeks to surface and discuss.
The blog supplements the ‘Bridging the Gap’ event hosted by InsurTechNZ and Suncorp.