Australasia

As Australia’s peak financial services trade association, we work with government, regulatory authorities, and the financial services industry to transform Australia and New Zealand’s financial sector through enhanced financial data and technology innovation. FDATA ANZ through our global network and multi-jurisdictional involvement advocates for financial services reform and progressive contribution of global best practices and cutting-edge technologies.
What we are doing in Australasia

FDATA plays an active role across Australia and New Zealand with the introduction of Open Banking, Regulatory Reform to launch Consumer Data Rights, and calls for the creation of Digital Identity Frameworks. FDATA regularly provided consultation, advisory services, and advocacy with Federal Departments such as the Treasury Department in Australia, the MBIE in New Zealand, Privacy Offices, and Payments Regulators in both Jurisdictions, and the ACCC and Data Standards Body in Australia.

Representing all echelon of Industry in the pursuit of the most effective Consumer Data Right environments and the highest level of Data Portability, FDATA continues to lead the much-needed conversations in delivering the best possible outcome for participants and consumers across the region.

Regional Director
Jamie Leach

Jamie is Regional Director of FDATA ANZ, the CEO and Founder of Open Data Australia, and a Data Technologist. She has an extensive background in financial services, project management, general management, and defence, as well as leading data and technology companies through capital-raising and global expansion. As a technical expert and advisor on Open Banking and the Consumer Data Right, Jamie has worked with federal regulators, international authorities, and industry on regulatory reform, the consumer experience, and the role of participants.

Jamie regularly advises and represents the public sector and private clients on data strategy, privacy and protection, governance practices, and raising the quality of data. As a technical expert for the UNCDF on digital finance, Jamie performs research, advice, and advocates for developing nations to ensure advances in financial inclusion, eradicating poverty, and the promotion of responsible fiscal policy.

A frequent speaker and author on the transformative potential of data, Jamie is passionate about sharing Global Best Practice and International Trends.

What we do for members

We lobby government, regulators, policy makers and key stakeholders to support the benefits Open Banking and Finance brings to end consumers.

We represent our members’ views, giving them a collective seat at the industry negotiation table. We hold seats on a number of policy working groups, expert advisory groups, and task forces related to Open Banking. In these various forums, we ensure the risks and impacts to fintechs are considered, and that a collective position on the solution to these matters is presented to decision makers. We provide collective bargaining and negotiating power that individual firms cannot achieve on their own.

We also provide direct access and engagement to these decision makers for our members, with regular opportunities to speak directly to policy makers in industry roundtables we host.

FDATA gives members forward intelligence on key policy matters, changes, and trends. Our members can participate directly in various working groups, who serve to shape FDATA’s policy positions and recommendations.

We offer our member firms individual consultations on various policy, market positioning, and market expansion strategies. This service extends to introductions to potential partners across the ecosystem, from direct connections to opportunities to socialise with other ecosystem players at our hosted events and industry roundtables.

Annual subscription for membership of FDATA is based upon the employee headcount a company maintains in each region. Please contact the Region Director directly to discuss the benefits of membership and pricing applicable to your regional presence.
Membership Categories
1.
1-9 employees
2.
10-19 employees
3.
20-49 employees
4.
50-99 employees
5.
100-249 employees
6.
250-499 employees
7.
500+ employees

NEXT STAGE OF EU DIRECTIVE “WILL CREATE WIDESPREAD CUSTOMER DISRUPTION AFFECTING MANY MILLIONS OF CONSUMERS AND BUSINESSES THROUGHOUT EUROPE”, SAY FINTECH BODIES

Fintech bodies call for National Regulators to work with industry to prioritise customer needs ahead of other regulatory factors The Financial Data and Technology Association (FDATA Europe), in association with the European Third Party Providers Association (ETTPA), has highlighted a material risk to individual and business consumers in the next phase of the implementation of […]

FDATA Europe’s response to FCA CP 18/25

Click below to see FDATA Europe’s response to the Financial Conduct Authority’s Consultation paper 18/25 – Approach to final Regulatory Technical Standards and EBA guidelines under the revised Payment Services Directive (PSD2). FDATA response to FCA CP 18-25

FDATA Europe response to EBA consultation paper

Click below to see FDATA Europe’s members’ feedback on the EBA Draft Guidelines on the conditions to be met to benefit from an exemption from contingency measures under Article 33(6) of Regulation (EU) 2018/389 (RTS on SCA & CSC).  Click to read submission  

FDATA partners with Robo-Advice 2018

FDATA has been named as a media partner for the 2nd UK Robo Advice and Digital Wealth Summit.

FDATA Europe Analysis of PSD2 Implementation Challenges V2

FDATA Europe – Assessment of the Challenges in PSD2 Implementation V2 This report catalogues some of the technical challenges encountered by Third Party Providers (TPPs) during their initial connections with the Open Banking Directory and in particular thereafter with the API connections identified in a technical workshop organised by FDATA . 

FDATA, EMA, techUK, UK Finance publish voluntary guidelines

FDATA, together with the Electronic Money Association, techUK and UK Finance, have published a set of voluntary guidelines and encouraged market behaviours under PSD2 in the ‘transitional period’. You can download them below. Voluntary-Guidelines-and-Encouraged-Market-Behaviours-Under-PSD2-FINAL

Open Banking: FAO CMA Proposed amendments to the Agreed Arrangements

This paper sets out a number of amendments to the Proposed Amendments to the Agreed Arrangements to fulfil the objectives of the Retail Banking Market Investigation Order 2017. Open Banking: Proposed amendments to the Agreed Arrangements

UK’s Open Banking Project Expanded

Open Banking Standards to Expand Functionality and Cover all PSD2 Products The Open Banking Implementation Entity (OBIE), the body set up by the Competition & Markets Authority (CMA) to enable a new, secure way for customers to take control of their financial data and share it with organisations other than their banks, today announces a […]

FDATA paper – right of EU passport under PSD2

This note aims to address some of the market confusion in relation to the rights of firms to move between EU jurisdictions when performing operations related to the second EU Payment Services Directive (PSD2). FDATA – EU Passport under PSD2 – April 2018

RTS deadline

The Regulatory and Technical Standards (RTS) of PSD2 have been published in the Journal of the EU. This starts the clock on an 18 month compliance timescale, meaning that RTS will be in force on 14th September 2019. The publication can be viewed here.

Invest in FDATA and help us shape the future
FDATA is working on a series of webinars and an Open Finance podcast, bringing the discussion on the future of banking to the comfort of your home office. Watch this space for updates on our digital events.
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