FinTech, a not-for-profit industry association for some 243 financial services technology companies, says these companies are using innovation and technology to deliver improved and new financial services, both for businesses and consumers.
Kitschke has an extensive career in public policy and public affairs, including working as the head of public policy and government relations at Uber from 2014-2017 and being executive director of the Australian Sporting Goods Association from 2010-2012.
At ASGA, Kitschke was a leading voice in the retail industry as it tackled the challenges resulting from online retail and what FinTech Australia describes as an anti-competitive regulatory landscape.
“FinTech Australia has established itself as a credible and consistent policy voice, along with a fantastic connector and promoter of the fintech community through events such as the Intersekt fintech festival and Finnie awards.”
Kitschke said one of his priorities would be to drive FinTech Australia’s ongoing advocacy to introduce an open banking framework.
“FinTech Australia has had a major policy win through the government’s open banking announcement on 10 May but there is still an incredible amount of work to be done,” he said.
“I will be ensuring that our members’ voice is heard in the creation of a secure and seamless open banking framework over the next 12 months.”
Kitschke said he was also looking forward to promoting the Australian fintech industry as a genuine alternative to established financial industry players, in the wake of revelations in the Financial Services Royal Commission.
“The fintech industry is delivering new and exciting services in financial advice and lending – which are areas that have been examined to date by the Royal Commission.
“I’ll be looking at opportunities to promote this industry, both here and abroad, to both customers and investors. I will also be continuing our ongoing and important role to connect this industry so that we can help business collaboration and the sharing of innovative ideas.”