Missed the 2018 FinTech Summit? Here’s the best recap you’ll read

Missed the 2018 FinTech Summit? Here’s the best recap you’ll read

Tuesday 16th October. The 5th FinTech Summit took place in Sydney. An all-star line-up of FinTech leaders and a sell-out crowd made this the best FinTech Summit yet.

The topics of open banking, the rise of challenger banks, the recurring themes of raising capital and hiring talent were all debated. But the prominent themes of the day were integrity, ethics and genuine care for customers.

There was a real sense of excitement in the room, with the audience recognising we are at the beginning of a new era in FinTech. Presentations by UP Bank and Xinja demonstrated the differences between a digital challenger bank and a neo bank.

Using ground breaking technology, Up (challenger bank) have taken an established bank and re-imagined the banking experience based on the premise ‘living not banking.’

Xinja (neo bank), on the other hand are building a totally new bank and new products, using technology to ‘bring humanity back into banking.’

Two very different angles, two very different visionaries but two people united in making Australian banking the best in the world.

A panel discussion with challengers Volt Bank, Athena Home Loans, Douugh and Judo Capital and a final presentation by Martin McCann of Trade Ledger painted an exhilarating future for Aussie FinTech. In 12 months time Australian consumers could be spoilt for choice.

 

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Source: FinTech Summit |