Five new corporate partners have joined FinTech Australia‘s ever-expanding corporate partnership programme.
The new Gold tier partners to the country’s national fintech association’s ecosystem partnership programme include the innovation and venture capital partner of ANZ Bank, 1835i and OneSpan, the digital agreements company.
Ecosystem partners include the technology consulting firm Endava, cybersecurity companies Palo Alto Networks and banking services and digital identity and cybersecurity company Thales.
The addition of these five companies follows the association’s April 2022 announcement that insurance specialists ii-A, enterprise technology company Oracle Australia and the business process management solutions provider WNS had also joined as gold tier partners.
April’s ecosystem partners also included the business certification and efficiency specialist BSI Group, corporate advisors Latimer Partners, customer experience organisation Probe CX and AI-powered eKYC and AML compliance platform Jumio Corporation.
A lot of names, with a lot happening in the last five months for FinTech Australia, but what does its programme actually set out to achieve?
The association describes itself as a ‘member-driven organisation’, setting out to ‘build a strong community, and foster connections while supporting innovation and regulation’.
Partners, including the five that have been announced this week, can expect to leverage the association in a collaborative way to expand their customer base, their insight into one of the fastest-growing sectors in the world, and their professional network with other likeminded organisations operating in Australia.
Speaking on the addition of its latest members, FinTech Australia’s head of strategic partnerships Rehan D’Almeida describes the global interest in Australia’s fintech industry as “red hot”, and how the association is in “an ideal position to help convert this into deeper connections and potential partnership opportunities.”
Stating that the company is “pleased” to join the programme, 1835i’s managing director Ron Spector adds that “we believe there are many opportunities for partnership, and we look forward to taking a more active role in this growing ecosystem.”
Noting how it’s already helped a number of Australian banks and financial institutions to mitigate fraud risk, digitise internal and consumer-facing agreement processes, and comply with industry regulations, OneSpan’s country manager Nigel Stewart added that “we look forward to partnering with FinTech Australia to enable organisations to deliver secure and trusted digital experiences through collaborations with Australian fintechs.”
Likewise, Endava shares in the excitement of joining the programme, with the company’s principal industry consultant David Marsh adding: “We’re excited to have partnered with FinTech Australia and look forward to helping Australia’s fintech and financial institutions leverage the latest technologies to compete on the global stage.”
Identifying how collaboration and sandboxing between established banking and fintechs is driving innovation and competitive advantage, Steve Manley, regional vice president, ANZ at Palo Alto Networks, added: “Through this partnership, we hope to encourage the Australian fintech community to adopt and leverage cybersecurity measures to mitigate current risks while preparing for new security risks associated with innovations.”
With its foot in FinTech Australia’s door, Thales’ SVP of banking and payment services in Asia, Michael Au, says that the company is “uniquely positioned” to meet the needs of fintechs down under, adding that “we are already bringing innovative solutions, sustainable product options and rapid deployment programs to many fintech organisations and welcome the opportunity to work with more customers in Australia.”