Hard to consider a world without Uber…what next?

Chantal Thomas
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FinTech, Industry News

As the nation considers how New Zealand will look as a digital society in 2030, Kiwis need to take a moment to look back the equivalent period of the last 13 years, a prominent tech expert says.

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Scottish partnership established

Georgia Taylor
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FinTech, Media Release

FinTechNZ has established a partnership with FinTech Scotland. The partnership enables both associations to strengthen their global network.

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Happy First Birthday!

Georgia Taylor
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FinTech

Happy Birthday FinTechNZ, one year old! What an amazing year it has been; member growth ahead of expectations, fantastic feedback from our events, great examples of startups and corporates working together. We could not have done it without our members and partners who have a keen interest in elevating FinTechNZ in its next growth phase.

It’s been a busy couple of weeks for me with discussions with many new members and finalising the details of the very first InsurTech Meetup. This month, we have already hosted our Summer Connect Events in Wellington and Christchurch with payments, open banking, APIs and regulation, all hotly discussed.

We are certainly on the right track and I see from FinTechNZ’s growth, engagement both locally and overseas, the one thing we need to secure is Government support. Speaking with FinTech organisations from around the world, it is clear that from a resourcing, support and financial perspective, it will considerably help the NZInc story and how we position FinTech.

Despite 60 applications, the Government wasn’t able to secure a new CTO, however Minister Curran is currently establishing a digital advisory group.  I hope the right people are chosen; gurus from the tech ecosystem who deal with Government on a regular basis and can represent FinTechNZ’s and other key stakeholders interests.

Meanwhile, Kiwibank have announced the next 10 companies to be part of their accelerator programme and this cohort looks exciting.  When will other banks follow suit?

Encouragingly, we are increasingly seeing overseas interest in local FinTech and next week is yetanother example of this.  The Lord Mayor of London and his delegation are visiting our shores for Digital Nations 2030.  We will have the opportunity to engage with the Lord Mayor, sharing thoughts on regulatory framework and how easy it is to do business in New Zealand.  Payments remains topical, and I think we will continue to see opportunity growth within this space.

If you can’t join us at the Digital Nations 2030 Summit next week, attend online.  Live streaming begins on Monday morning, but register online now.

Remember, if you know a company that should be part of the FinTech movement, would like to be part of our events (speaking or hosting) then please get in touch.  Information sharing is critical in understanding what is going on and how best we can play our role.

Regards

James Brown
General Manager, FinTechNZ

NEWS & EVENTS

Our Summer Connect Event series continues in Auckland 21 February.  Our summer series focuses on innovation in finance and lending, payments, crypto finance and InsurTech.  Read the Wellington event highlights here.

Join FinTechNZ for breakfast with the Lord Mayor of London on 20 February in Auckland.  Register here.  Save the date for our inaugural monthly InsurTech Meetup on 5 March in Auckland.

 

Planning to attend Money 20/20 Asia  13-15 March in Singapore?  Let us know and we can negotiate a discount.  In other FinTech news, FinTechNZ has established a partnership with FinTech Scotland.  The partnership enables both associations to grow their global network.

Celebrate International Women’s Day with TechWomen. Join us on 8 March, as we showcase local diversity success stories in Auckland, Wellington and Christchurch. The events are valuable for men and women, so bring a buddy.

 

Know someone 35 years of age or under who is making a difference in the insurance industry?  Submit a nomination for Insurance Business’ inaugural Young Guns report.  Entries close 2 March.  Want to know more about AI?  Check out this reading list compiled by the AI Forum NZ.  Then explore the local AI ecosystem here.

Join the FinTechNZ conversation and learn more about what we do. Gain the benefits of being part of this focused community. Follow us on Facebook and LinkedIn and join the FinTechNZ forum!

 

Don’t forget, event submissions are now open for Techweek’18.  Here’s everything you need to know about being involved.

A special welcome this month to our new members.  If your organisation wishes to join FinTechNZ please contact us.

Want to know more?  Sign up for the FinTechNZ update, it’s free and will take less than a minute!

Connecting for FinTech opportunities

Georgia Taylor
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FinTech

The FinTechNZ summer event series began last week in Wellington, (Christchurch and Auckland to follow) focused on innovation in finance and lending, including InsurTech and a cryptocurrency update .

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FinTechNZ News

Georgia Taylor
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FinTech

Happy New Year and I trust you relaxed during the festive period because it’s full steam ahead for FinTechNZ in 2018!

Last week, when I was speaking with the Department of Internal Affairs (DIA) it was very clear to me, how aligned we are in our thinking and what we want to achieve. I had the pleasure of speaking with Minister Clare Curran about New Zealand’s reputation for our digital footprint and New Zealand’s hosting of D5 2018, including Digital Nations 2030 conference, Digital Government Showcase and D5 Ministerial Summit.

In the world of FinTech, Open Banking, Blockchain, Digital ID and Crypto continue to be hotly debated and I believe this will continue. The United Kingdom has gone live with its first managed rollout of current accounts which started in January and is likely to be complete by March. In the coming months, I will keep you updated on its progress. It’s worth noting, with the new regulation PSD2 and changes to the General Data Protection Regulation (GDPR), there will be challenges.

Meanwhile, FinTechNZ’s membership continues to grow and a number of our founding corporate members have confirmed their ongoing support, which is fantastic news. Our ecosystem continues to develop and I recently discussed the signing of a Memorandum of Understanding (MoU) with FinTech Scotland, as they look to establish global connections.

In other interesting news, our newly formed Insurance Working Group, led by Jason Roberts has gained global interest. FinTechNZ’s chair Mitchell Pham and Leigh Flounders have also made the news with the launch of Lina.review, the world’s first ever Blockchain platform for online ratings and reviews.

The message is clear, this year we have a fantastic opportunity both locally and globally to build our reputation. Together, let’s make New Zealand the number one choice for everything FinTech!

Regards

James Brown
General Manager

NEWS & EVENTS

Join us for the first of our 2018 FinTechNZ Connect Events in Wellington 8 February, Christchurch 13 February and Auckland 21 February. The summer series focuses on innovation in finance and leading, payments, crypto finance and InsurTech.

Join FinTechNZ at the Digital Nations 2030 conference next month. The summit, helping to shape our digital economy, will feature a Future Finance Forum. For a 10% discount, use this promo code; MGWWGO.

 

Meet Lina, the blockchain platform set to disrupt the online ratings and review industry. Currently, the industry is considered flawed because of the lack of trust and transparency says Mitchell Pham. Read more here.

Applications have now closed for the Kiwibank FinTech Accelerator 2.0. The programme has attracted applicants globally and commences in February. Read our Q&A with Sonja Williams of Sharesies from the 2017 cohort.

 

In other FinTech news, here’s 67 insane facts about bitcoin. Interested in how Open Banking provides consumers with greater control in sharing financial data? Learn more here.

Last month, Blockchain’s NEM Foundation toured New Zealand. Learn about their global development fund for businesses, academics and developers.

 

If you are considering an event for Techweek’18, complete your submission by March so your event can be included in the official launch. Also, please invite overseas contacts to the Techweek’18 Innovation Tour.

A special welcome this month to our new members Ferratum, PreviewMe, BlockBit, FMG, KonnectNET. If your organisation wishes to join FinTechNZ please contact us. Follow us on Facebook and LinkedIn and join the FinTechNZ forum.

Want to know more?  Sign up for the FinTechNZ update, it’s free and will take less than a minute!

New Zealand co-founds Global InsurTech Alliance (GITA)

Georgia Taylor
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FinTech, Media Release

FinTechNZ is pleased to announce the formation of the Global InsurTech Alliance (GITA) – co founded with first members being FinTechNZ, InsurTech Australia, InsTech London (UK) and InsurTech Asia, and upcoming members from both Europe and North America.

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NZ tech stars lead world first blockchain launch

Georgia Taylor
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FinTech, Media Release

New Zealand tech stars are leading a global team in launching the world’s first ever blockchain platform for the multi-billion-dollar global online ratings and review industry.

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67 Insane facts about Bitcoin

Chantal Thomas
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FinTech

Source: bitcoinplay.net

Bitcoin is a virtual currency that uses Blockchain technology for secure payments and storing money electronically, without requiring a bank or a person’s name. Satoshi Nakamoto created this cryptocurrency back in 2009. The biggest advantage of Bitcoin is that it’s not under control of central authority, government or private company, so people are free from paying transaction fees. It can be used for booking a hotel or flight, or purchasing products online, as many online stores and companies accept Bitcoin now.

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NZTech Q&A: Sonya Williams

Chantal Thomas
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FinTech, NZTech News

Sonya Williams is driven to solve big problems using technology and wants to help more people do the same! She has recently been appointed as NZTech board intern and shares her startup story.

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Working group established to lead insurance technology revolution

Georgia Taylor
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FinTech, Media Release

FinTechNZ has created an Insurtech working group in response to a huge level of interest from the insurance industry. The New Zealand Financial Innovation and Technology Association (FinTechNZ) was established early this year to bring together an inclusive community of financial service providers, technology innovators, government regulators and other interested parties. Its key focus is connecting industry participants to promote and advance financial innovation and technology for the prosperity of New Zealanders.

To complement its breadth of ‘horizontal’ engagement across the diverse financial services sector as ‘one inclusive community’, FinTechNZ is setting up a number of ‘vertical’ areas of focus and associated working groups to both deepen and expand engagement within multiple areas of interest and relevance across the community. Insurance was identified as a key segment where there is a huge amount of scope for further innovation.

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