Investment NSW is seeking Expressions of Interest for NSW fintechs who are looking to scale in Singapore and the broader ASEAN region to join them at the Singapore Fintech Festival 2023, closing at 12:00pm AEST, Sunday 30 July

Who should participate?

• Have headquarters in NSW
• Have a valid Australian Business Number (ABN) registered for NSW

Provide innovative products, services and technological solutions for the fintech industry including, but not limited to, the following areas:

• Digital financing
• Payments and remittance
• Green Financing
• Cybersecurity
• Insurtech
• Regtech
• Wealthtech

Please note that selected NSW companies may be able to participate in Austrade’s Team Australia Pavilion stand and broader program of activities during the Singapore Fintech Festival 2023.

The RegTech Association CEO Deborah Young joins Griffith Business School industry advisory board to support the work of the Academy of Excellence in Financial Crime Investigation and Compliance.

Read more here.

Alex Ford, President, North America at Encompass Corporation & Board Member The RegTech Association recently wrote on the importance of RegTech solutions for banks.

"RegTech solutions have become increasingly critical for banks looking to accelerate digital transformation initiatives to power operational efficiency and ultimately, growth," writes Alex Ford.

Read more here.

The Australia-UK Free Trade Agreement (A-UK FTA) entered into force today on 31 May 2023. The agreement removes tariffs on over 99% of Australian goods exported to the UK.

Learn more about the A-UK FTA on the Australian Department of Foreign Affairs and Trade website here.

The RegTech Association member Decision through Holistic Intelligence who has received almost $1m AUD through the Regulatory Technology round of the Business Research and Innovation Initiative (BRII) grant. 

The BRII is a government program sponsored by the Department of Industry, Science, and Resources (DISR). and the RegTech Round aims to assess the potential of RegTech to solve challenges across government agencies and departments to assist with easier compliance and service delivery.

The five successful businesses have 15 months to complete their prototype or POC and consider how they can scale up and broaden their application.

Read the The Hon Ed Husic's MP Media release here.
Read more about the ASIC's BRII RegTech Round here.

Quantexa announces ING as the latest organisation utilizing their Decision Intelligence Platform in its fight against financial crime. 

“The most effective method to prevent money laundering is by understanding the context underpinning and linking how criminals behave,” says Dan Higgins, Chief Product Officer at Quantexa.

Read more here.

In last week's budget, the Australian Government allocated $58 million in funding to the ACCC to complete the setup of the National Anti-Scam centre over the next two years.

Read more here.

Since their expansion to the US in 2022, AssuranceLab has grown its total client base to 15% US, outpacing its growth in Australia in 2023. AssuranceLab provides audits for global compliance standards to build trust and grow your company.

Read more here.

1WordFlow has used their unique technology to create a Digital Twin (web copy) of every ASIC, APRA, Austrac, ACCC, RBA and OAIC regulation. Every page is a URL and 1-click away.

Read more here – and sign up for your RTA member discount.

The 61st Australian Export Awards are now open for application. The awards are aimed at Australian companies with outstanding international success. Categories include:

• Advanced Technologies
• Emerging Exporter
• Regional Exporter
• Small Business
• Sustainability and Green Economy

Apply here.