What’s the future of blockchain technology? How can RegTech support fintech? Attendees of Fintech 21 Forum last week found out directly from fintech leaders.
Hosted at Marvel Stadium, Fintech 21 Forum featured industry panels and engaging keynotes presented by CEOs, founders, entrepreneurs and executives of major blockchain and fintech companies. As the fintech community continues to evolve, Australian businesses are actively seeking new ways of convenience through technology.
Day 1: Blockchain & Crypto
Last week, Karen Cohen, Founder of Emerging Tech Talent & Women in Emerging Tech, commenced Fintech 21 Forum with the Introduction of Blockchain Day, exploring a range of topics from cryptocurrency investing to the future of decentralised finance (DeFi).
The unresolved question of “Is blockchain technology safer?” was then discussed in depth by the four industry leaders:
- Bill Angelidis, CEO & Founder, Asta
- Nathanael Johnstone, Head of Accounts & Sales, LAB Group
- Paul Kang, Co-Founder, Entersoft
- Ryan Kris, Co-Founder & COO, Verida
This panel also covered blockchain cybersecurity threats, attacks and prevention for individuals and businesses, and securing digital assets, scams, and threats.
Followed by the topic of trends and gaps in crypto accounting for business, Jakub Sawczuk, CEO & Founder of AEM Algorithm, explained how businesses lack blockchain-native solutions to improve inefficiencies in their workflows and their struggle with reporting crypto tax.
Day 1 of Fintech21 further highlighted NFTs and the rise of “tokenizing” real-world tangible assets such as artwork, cars, houses, etc. The future of the NFT industry in Australia and globally was discussed comprehensively by experts working in NFTs across marketing, music, sports, art galleries and more:
- Shira Levine, Founder, Fanchismo
- String Nguyen, CEO, Chubbiverse
- Judy Sahay, CEO, Crowd Media Group
- Mariella Mejia, Chief Marketing Officer, Meadow Labs
- Bobby Oparaocha, CEO & Founder, Valyou X
- Emilya Colliver, CEO & Founder, Sugar Glider Digital
Day 2: Fintech Solutions & Trends
The growth in technology is driving fintech’s evolution. As Fintech Australia is sitting in sixth place globally, more attention is drawn to the value that Australian fintechs are bringing. Fintech Day 2 highlighted the future of open finance, automation, regtech in the fintech industry, financial crime trends, and Australia’s e-commerce sector.
MC of the day – Dave Anderson is an AI Evangelist whose work spans Australia and North America as a well-known public speaker, tech evangelist and podcast host. From software development to business strategy, Dave is an industry keynote speaker, frequently found on stage at every major cloud and technology event.
He initiated Day 2 by giving a brief on a range of topics from challenger finance, AI & data to fintech’s influence on global trade and Web3.
What does Open Finance hold for the future and what needs to happen to make this a reality? Damir Cuca, CEO & Founder of Basiq, addresses topics of the current state of open banking, the role of consent management, and what open finance means for businesses and consumers.
Jaco Veldsman, Co-Founder of Paytron, then examined the question of “Will technology & automation replace you or your firm?”. He also shared how to not only survive and thrive in the midst of disruption & technological change.
Day 2 continued with Darren Cade, CEO of Arctic Intelligence, answered the question of “How is RegTech making compliance easy for fintechs?”, while discussing the trends in regtech and lessons from challenges faced by bigger corporation.
The 2-Day Fintech21 Forum came to an end as our host, Dave Anderson, gave a Wrap-up speech. As the Australian fintech sector continues to evolve, businesses are eager to engage with and learn more from industry leaders.
Fintech21 is coming to Sydney at the end of November 2022; don’t be left out of this opportunity to forge meaningful connections within the fintech & blockchain industries.