Fintech Software Development Services in Australia

Enterprise fintech solutions for Australia's dynamic financial services sector. Big0 delivers compliant, scalable fintech platforms across Sydney, Melbourne, Brisbane, and nationwide with deep expertise in ASIC regulations, APRA standards, and Australia's rapidly evolving open banking ecosystem.

Australian Fintech Landscape

Australia ranks among the world's top fintech innovation hubs with strong regulatory support, mature financial markets, and sophisticated consumer expectations.

Regulatory Framework

ASIC Digital Finance Regulation Australian Securities and Investments Commission oversight: - Australian Financial Services Licensing (AFSL): Financial product and service licensing - Australian Credit Licensing (ACL): Credit activity regulation - Managed Investment Schemes: Fund and investment product regulation - Market Integrity Rules: Trading platform and market conduct - Product Intervention Orders: Consumer protection mechanisms - Design and Distribution Obligations (DDO): Product design requirements

APRA Prudential Standards For authorized deposit-taking institutions (ADIs) and regulated entities: - CPS 234: Information security management - CPS 232: Business continuity management - CPS 230: Operational risk management - CPS 220: Risk management - CPS 226: Marginal lending facilities - Reporting Standards: Regular prudential reporting

Consumer Data Right (CDR) Australia's open banking and data sharing framework: - Banking CDR: Open Banking implementation (since July 2020) - Energy CDR: Energy sector data sharing - Telecommunications CDR: Telco data sharing (upcoming) - Accreditation Framework: Data recipient accreditation - Privacy Safeguards: Consumer consent and data protection - Technical Standards: API specifications and security

Market Opportunities

Financial Services Innovation Australia's fintech market drivers: - $4+ billion in fintech investment annually - 10M+ digital banking users - Growing challenger bank adoption - Buy-now-pay-later (BNPL) global leadership - Superannuation sector digitization ($3.5 trillion market) - Crypto and digital assets adoption - Wealth management technology transformation

Fintech Development Solutions

Digital Banking Platforms

Neo-Banks & Challenger Banks Full-stack digital banking solutions:

Core Banking Systems Modern core banking architecture for Australian ADIs: - Customer information systems (CIS) - Account management (savings, transaction, term deposits) - Payment processing and transaction management - Interest calculation and fee management - General ledger and accounting - Regulatory reporting (APRA, AUSTRAC) - Integration with NPP, BPAY, Direct Entry - Real-time balance and transaction processing

Mobile & Web Banking Consumer and business banking applications: - iOS and Android native apps - Progressive web applications - Biometric authentication (Face ID, Touch ID) - CardPay integration for mobile payments - Digital wallet integration (Apple Pay, Google Pay, Samsung Pay) - Real-time notifications and alerts - Personalized financial insights - In-app customer support

Banking Operations Back-office systems for efficient operations: - Customer onboarding and KYC automation - Document verification and identity checks (DVS integration) - Credit decisioning and origination - Loan servicing and collections - Dispute management and chargebacks - Fraud monitoring and prevention - Compliance monitoring and reporting - Customer lifecycle management

Payment Solutions

Payment Processing Platforms Enterprise payment infrastructure:

Merchant Payment Systems Complete payment acceptance solutions: - Point-of-sale (POS) systems - E-commerce payment gateways - Mobile payment acceptance (mPOS) - QR code payment systems - Contactless payment support - Multi-currency processing - Settlement and reconciliation - Merchant portal and reporting

NPP & Real-Time Payments New Payments Platform integration: - PayID implementation and management - Osko instant payments (NPP) - PayTo recurring payment mandates - Request to Pay functionality - ISO 20022 message format - Real-time payment confirmation - Enhanced data with payments - BPAY integration

Digital Wallets Consumer and merchant wallet solutions: - Stored value wallets - Loyalty and rewards integration - P2P transfer capabilities - Bill payment functionality - Top-up and withdrawal methods - Multi-currency support - KYC and AML compliance - Transaction history and reporting

Payment Gateway & PSP White-label payment service provider platforms: - Multi-acquirer support (major Australian banks) - 3D Secure authentication - Tokenization and encryption - Fraud detection and prevention - PCI-DSS Level 1 compliance - Reconciliation and settlement - Developer APIs and SDKs - Webhook notifications

Wealth Management & Investment

Robo-Advisory Platforms Automated investment advice and management:

Investment Advisory Digital wealth management solutions: - Risk profiling and assessment - Portfolio construction and optimization - Automated rebalancing - Tax-loss harvesting - Goal-based investing - Financial planning tools - Retirement planning calculators - ASIC regulatory compliance (AFS licensing)

Superannuation Technology SMSF and retail super platforms: - Self-managed super fund (SMSF) administration - Member portal and mobile apps - Contribution processing and reporting - Pension payment automation - Investment tracking and reporting - Compliance monitoring (SIS Act) - ATO reporting (annual returns, event reporting) - Beneficiary management

Trading Platforms Brokerage and trading solutions: - Equities trading (ASX, Chi-X) - CFD and derivatives trading - International market access - Real-time market data integration - Order management systems - Portfolio management tools - Tax reporting (capital gains) - ASIC market integrity compliance

Lending & Credit Platforms

Digital Lending Solutions End-to-end loan origination and servicing:

Consumer Lending Personal loan and consumer credit platforms: - Online loan application and decisioning - Credit scoring and risk assessment - Responsible lending assessments (NCCP compliance) - Automated income and expense verification - Document collection and verification - Loan contracts and e-signatures - Loan servicing and payment processing - Collections and hardship management

Business Lending SME and commercial lending platforms: - Invoice financing and factoring - Equipment finance - Business term loans and lines of credit - Alternative credit scoring (open banking data) - Cash flow analysis - ABN and business verification - Director guarantees and security - PPSR integration

Mortgage Platforms Home loan origination and management: - Mortgage broker platforms - Aggregator systems - Loan origination systems (LOS) - Property valuation integration - Credit assessment and serviceability - NCCP compliance automation - ASIC responsible lending requirements - Settlement and registration

Buy-Now-Pay-Later (BNPL) Australia's BNPL innovation leadership: - Merchant integration (e-commerce, in-store) - Consumer credit assessment - Installment payment processing - Merchant settlement - Collections and defaults management - Responsible lending practices - Upcoming BNPL regulation compliance - Fraud prevention

Regulatory Technology (RegTech)

Compliance Automation Technology solutions for regulatory compliance:

AML/CTF Compliance AUSTRAC reporting and monitoring: - Transaction monitoring and screening - Suspicious matter reports (SMR) automation - Customer due diligence (CDD) and enhanced due diligence - PEP and sanctions screening - International funds transfer instructions (IFTI) - Threshold transaction reports (TTR) - Ongoing customer due diligence (OCDD) - Risk assessment and compliance program

Regulatory Reporting Automated reporting to regulators: - APRA prudential reporting (ADIs, insurers) - ASIC regulatory reporting (AFS licensees) - RBA statistical reporting - ATO tax reporting - AUSTRAC reporting - Credit reporting to credit bureaus - Financial claims scheme reporting - Breach and incident reporting

Risk Management Systems Enterprise risk management for financial services: - Credit risk management - Market risk monitoring - Operational risk assessment - Liquidity risk management - Stress testing and scenario analysis - Risk reporting and dashboards - Compliance risk monitoring - Third-party risk management

Open Banking & Data Integration

CDR Implementation Consumer Data Right technical solutions:

Data Holder Solutions For banks sharing customer data: - CDR API development (read and write APIs) - Customer consent management - Data minimization and scoping - Authentication and authorization - API security (FAPI compliance) - Monitoring and performance - Error handling and support - ACCC compliance

Data Recipient Solutions For accredited data recipients (ADRs): - ADR accreditation support - Data collection and storage - Consent lifecycle management - Data recipient disclosure - Consumer dashboards - Data delete and expiry handling - Complaints handling - CDR insights and analytics

Open Banking Applications Leveraging open banking data: - Account aggregation and PFM - Credit scoring and lending - Financial advice and insights - Payment initiation services - Product comparison and switching - Expense management - Cash flow forecasting - Accounting integration

Industry-Specific Fintech Solutions

Banking & ADIs

Challenger Bank Technology Stack Complete technology for new banks: - APRA ADI license requirements - Core banking system - Payment infrastructure (NPP, BPAY, Direct Entry) - Banking channels (mobile, web, API) - Risk and compliance systems - Treasury and liquidity management - Customer onboarding and KYC - Operational support systems

Superannuation Funds

Super Fund Administration Technology for retail and industry funds: - Member administration systems - Contribution processing - Investment platform integration - Pension payment processing - Insurance administration - Employer services portal - Member portal and app - Regulatory reporting (APRA, ATO)

Financial Advisors

Advice Technology Tools for financial advisors: - Client relationship management (CRM) - Financial planning software - Statement of advice (SOA) generation - Record of advice (ROA) templates - Fee disclosure statements (FDS) - Compliance monitoring (FASEA requirements) - Portfolio management and reporting - Client portal

Brokers & Aggregators

Broker Platforms Technology for mortgage and finance brokers: - Loan origination systems - Lender panel integration - Document collection and verification - Commission tracking and reconciliation - CRM for brokers - Compliance management - Trail book valuation - Aggregator integration

Technical Capabilities

Financial Services Technology Stack

Backend Infrastructure Secure, scalable fintech architecture: - Microservices architecture - Event-driven systems - API-first design - Cloud-native (AWS Sydney, Azure Australia) - Containerization (Docker, Kubernetes) - Message queues (RabbitMQ, Kafka) - Database selection (PostgreSQL, MongoDB, Redis) - Caching strategies

Security & Compliance Best-in-class financial services security: - Encryption at rest and in transit - HSM for cryptographic operations - Multi-factor authentication - OAuth 2.0 and OpenID Connect - FAPI (Financial-grade API) security - PCI-DSS compliance - Penetration testing - Security incident response

Integration Capabilities Connecting with Australian financial ecosystem: - NPP (Osko, PayID, PayTo) - BPAY payment network - Direct Entry (bulk payments) - Card schemes (Visa, Mastercard, eftpos) - ASX market data and trading - Credit bureaus (Equifax, Experian, illion) - Identity verification (DVS, AML/CTF) - Accounting systems (Xero, MYOB)

Development Practices

Agile Fintech Development Rapid, compliant delivery: - 2-week sprint cycles - Continuous integration/deployment - Automated testing (unit, integration, end-to-end) - Code review and pair programming - Feature flagging for safe releases - Blue-green deployments - Rollback procedures - Post-deployment monitoring

Quality Assurance Ensuring fintech reliability: - Automated regression testing - Performance and load testing - Security testing (SAST, DAST) - Penetration testing - User acceptance testing - Accessibility compliance - Cross-browser and device testing - Disaster recovery testing

Australian Regulatory Compliance

ASIC Compliance

AFSL Requirements Australian Financial Services License obligations: - Adequate resources and capabilities - Competence and training - Dispute resolution (AFCA membership) - Compensation arrangements (PI insurance) - Compliance monitoring - Breach reporting - Responsible manager requirements - Financial services guide (FSG)

ACL Requirements Australian Credit License obligations: - Credit assessment requirements - Responsible lending obligations - Unsuitability assessments - Credit guide provision - Disclosure requirements - Hardship provisions - Complaint handling - External dispute resolution

APRA Compliance

Prudential Standards Meeting APRA requirements for ADIs: - Capital adequacy (CPS 110) - Liquidity management (CPS 210) - Credit risk management (CPS 220) - Large exposures (CPS 221) - Associations with related entities (CPS 223) - Business continuity (CPS 232) - Information security (CPS 234) - Operational risk (CPS 230)

Reporting Requirements Automated prudential reporting: - ARF reporting forms - Economic and financial statistics - Financial claims scheme levies - Industry data collection - D2A electronic reporting - APRA Connect integration - Validation and quality checks - Submission tracking

Privacy & Data Protection

Privacy Act Compliance Protecting Australian customer data: - Australian Privacy Principles (APPs) - Privacy policy and notice requirements - Consent management - Data minimization - Access and correction requests - Data breach notification (NDB scheme) - Cross-border data flow considerations - Privacy impact assessments (PIAs)

Location-Specific Services

Sydney - Financial Services Capital

Major Bank Technology Supporting Sydney's financial institutions: - Core banking modernization - Digital transformation programs - Cloud migration strategies - API platform development - Legacy system integration - Regulatory compliance automation - Cybersecurity enhancement - Data analytics and insights

Fintech Startup Support Accelerating Sydney fintech innovation: - Stone & Chalk fintech hub connections - AFSL/ACL licensing support - MVP development and validation - Investor pitch preparation - Technical due diligence support - Scaling and growth strategy - Banking and payment partnerships - Talent acquisition support

Melbourne - Innovation Hub

Payments Innovation Melbourne's payments expertise: - Payment platform development - NPP innovation and implementation - Buy-now-pay-later solutions - Mobile wallet development - Merchant services platforms - Payment orchestration - Cross-border payments - Crypto payment integration

Wealthtech Investment and wealth management technology: - Robo-advisory platforms - Superannuation administration - Portfolio management systems - Trading platforms - Tax optimization solutions - Financial planning software - Investment research platforms - Risk analytics

Brisbane & Queensland

Emerging Fintech Market Supporting Queensland's growing fintech sector: - Digital banking solutions - Payment processing - Lending platforms - Insurtech solutions - Regtech applications - Government fintech initiatives - Regional banking technology - Agriculture finance platforms

Perth & Western Australia

Resource Finance Technology Fintech for WA's resource sector: - Trade finance platforms - Supply chain finance - Equipment finance - Project finance systems - Commodity trading platforms - Treasury management - Foreign exchange management - Mining sector lending

Why Choose Big0 for Australian Fintech Projects

Regulatory Expertise

Licensing & Compliance Deep regulatory knowledge: - AFSL and ACL application support - APRA licensing and authorization - Ongoing compliance management - Regulatory change management - Regulator relationship management - Audit and assurance support - Breach response and remediation - Compliance program design

Australian Financial Services Experience - 15+ years in Australian fintech - 100+ financial services projects - Relationships with major banks and lenders - Understanding of Australian payment systems - Knowledge of regulatory expectations - Experience with ASIC and APRA reviews - Proven compliance track record - Zero regulatory breaches

Technical Excellence

Fintech-Specific Expertise Specialized financial technology capabilities: - Core banking systems - Payment processing and switching - Wealth management platforms - Lending and credit systems - Open banking and CDR - Blockchain and crypto - Financial data analytics - Cloud infrastructure for finance

Security & Reliability Enterprise-grade security: - ISO 27001 certified - PCI-DSS Level 1 certified - SOC 2 Type II compliant - Penetration testing program - 24/7 security monitoring - Incident response capabilities - Business continuity planning - 99.99% uptime SLA

Delivery Track Record

Proven Australian Success - 50+ fintech platforms delivered - 10+ banking applications in production - 5+ payment platforms processing $1B+ annually - 20+ lending platforms originated $500M+ loans - 100% regulatory compliance record - Zero data breaches - Average project delivery 15% under timeline - 90% client retention rate

Project Delivery Methodology

Phase 1: Requirements & Regulatory Assessment

Duration: 3-6 weeks

Comprehensive scoping and compliance planning: - Business requirements definition - Regulatory requirements mapping - Licensing requirements assessment - Technical architecture design - Security architecture planning - Integration requirements - Risk assessment - Project planning and estimation

Phase 2: Design & Prototyping

Duration: 4-8 weeks

User experience and technical design: - UX/UI design for Australian users - Wireframes and prototypes - User testing and feedback - API design and documentation - Database schema design - Security controls design - Compliance controls mapping - Technical specification documentation

Phase 3: Development & Integration

Duration: 12-24 weeks

Agile development with continuous compliance: - Sprint-based development (2-week sprints) - Automated testing and CI/CD - Payment and banking integration - Third-party service integration - Security implementation - Compliance automation - Code review and quality assurance - Regular stakeholder demos

Phase 4: Testing & Compliance Validation

Duration: 4-8 weeks

Comprehensive testing and compliance verification: - Functional testing - Performance and load testing - Security testing and penetration testing - User acceptance testing - Regulatory compliance testing - Payment network certification - Disaster recovery testing - Documentation completion

Phase 5: Launch & Support

Ongoing

Production deployment and operations: - Phased production rollout - Change management and training - 24/7 production support - Monitoring and alerting - Incident management - Performance optimization - Regulatory reporting support - Continuous improvement

Australian Fintech Success Stories

Digital Bank Platform

Delivered complete digital banking platform for APRA-licensed ADI including core banking, mobile apps, payment processing. Onboarded 50,000+ customers in first 12 months, processed $200M in transactions, achieved 99.95% uptime, maintained full APRA compliance.

Open Banking Platform

Implemented CDR data holder solution for major Australian bank, enabling secure customer data sharing with accredited third parties. Achieved FAPI security compliance, processed 1M+ API calls monthly, zero security incidents, met all ACCC technical standards.

Lending Platform

Created digital lending platform for consumer finance company, automating credit assessment and origination. Processed $100M in loan applications in first year, reduced application-to-approval time from 48 hours to 15 minutes, maintained 100% NCCP compliance, achieved 40% reduction in operational costs.

Payment Gateway

Built white-label payment gateway processing for e-commerce merchants. Integrated with major Australian acquirers, achieved PCI-DSS Level 1 certification, processed $500M annually across 5,000+ merchants, maintained 99.99% uptime, reduced merchant fraud by 65%.

Pricing & Engagement Models

Digital Banking Platform

• Neo-bank MVP: $500,000 - $1,200,000 AUD
• Full digital banking platform: $2M - $5M AUD
• Core banking system: $3M - $10M+ AUD
• Includes 12 months support, regulatory compliance

Payment Solutions

• Payment gateway: $150,000 - $400,000 AUD
• Digital wallet: $200,000 - $500,000 AUD
• Merchant platform: $300,000 - $800,000 AUD
• Enterprise payment hub: $1M+ AUD

Lending Platforms

• Personal loan platform: $250,000 - $600,000 AUD
• Business lending platform: $400,000 - $1,000,000 AUD
• Mortgage origination system: $600,000 - $1,500,000 AUD

Wealth Management

• Robo-advisor platform: $200,000 - $500,000 AUD
• Trading platform: $400,000 - $1,000,000 AUD
• Super administration system: $500,000 - $1,500,000 AUD

Consulting & Advisory

• Fintech strategy: $20,000 - $50,000 AUD
• Licensing support (AFSL/ACL): $50,000 - $150,000 AUD
• Regulatory compliance review: $30,000 - $80,000 AUD
• Technical due diligence: $25,000 - $60,000 AUD

All pricing includes Australian regulatory compliance, security implementation, and integration with local financial infrastructure.

Getting Started

Launch your Australian fintech with confidence:

1. Free Consultation: 60-minute discovery call to discuss your fintech vision
2. Regulatory Assessment: Comprehensive licensing and compliance analysis
3. Technical Proposal: Detailed architecture, timeline, and pricing
4. Rapid Start: Project kickoff within 2 weeks of approval

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