In this webinar, we focused on an export that Sweden has excelled in over the past 10 years – Financial Technology and more specifically Payment Technology, which touches most of us every day. We heard from Swedish Paytech companies and experts in Australia, about opportunities and why entering the Australian market, how it is to set up and scale in Australia, differences between the Swedish payment technology compared to here in Australia, company culture, opportunities and challenges in extraordinary times.
Camilla Bullock, Director General, Emerging Payment Association ASIA and moderator for the session introduced the panelists and began setting the scene with: “When we travel abroad, we often talk about what we are proud of from our home country. Many Swedes might bring up Abba, Avicii, famous actors like Stellan Skarsgård or big companies like IKEA and Volvo. What comes to my mind is often Financial Technology and I talk about Trustly, iZellte, Bambora and then I talk about Klarna.”
Klarna launched in Australia in January 2020 and has been around for about 15 years. Klarna was founded by three university students, Sebastian Siemiatkowski, Niklas Adalberth and Victor Jacobsson, who came up with an idea on how to provide consumers and merchants with safer and simpler online shopping payment methods. They took their idea and entered the Stockholm School of Economics annual entrepreneurship award in 2005. Despite that their idea was not received with enthusiasm and their entry was among the last in the competition they decided to start up Klarna in the middle of 2005. Today Klarna is the largest fintech start-up in Europe, valued at USD $5.5 billion and with 85 million users.
To the panel we invited Francine Ereira Country Head Klarna Australia & New Zealand, Roland Schmid Country Manager Westpay AB, Australia & NZ and Lance Blockley Managing Director at The Initiatives Group and Ambassador Emerging Payments Association ASIA.
Francine began by presenting Klarna and why they decided to enter the Australian market. “Australia is a very attractive market for Klarna, we believe that we have an exceptional shopping experience which separates us from the rest of the buy now pay later providers. What we mean by that is that we deliver an engaging experience for our customers rather than a transaction. When we look at the Australian market there is only 10% of the population that have done a buy now pay later transaction and the addressable audience is obviously much larger. We decided to enter the market now as the Australian consumer is looking for transparency and an engaging partner to work with and Klarna offers that.”
“Klarna wants to be the number one shopping experience in every country that we are represented in, and our ambition is to become the leader in the Australian market. It is all about consumer engagement and if the consumers see value in a proposition and they feel that it is a great product for them to use and it becomes their way to pay, then that is ultimately what gives us the success we are looking for. Given our experience in most markets in the world I am really confident that we can reach our goal.”
Lance, Australian Payment Specialist who visited Sweden and several Swedish Paytechs last year and has been an advisor for Bambora on their entering the Australian market, spoke about recent market trends. “There has been a long-term trend from credit cards into debit. Credit cards are becoming the new senior’s cards. Most of the buy now pay later accounts have debit cards associated with them. It could be related to the younger demographic using them but to some extent by using a buy now pay later with debit you have a quasi-credit facility working for you so you can effectively create your own credit card from a debit card. Buy now pay later account applications have gone up during the pandemic and credit card applications have gone down. Generally seamless embedded in-app payments have increased, without people even realising that they paid whilst they were using the app.”
“It took a number of years for the acquiring infrastructure for tap and go to catch up with contactless card issuance in Australia. In 2012 Coles and Woolworths adopted contactless payments and now Australia has more open-loop contactless transactions per person than anywhere in the world. We are now seeing a very slow progression into the mobile format for tap and go payments.”
Roland, Swedish Payments Specialist who has been living and working within paytech in Australia for many years and lately representing Westpay AB, was asked about differences in company culture comparing Australia with Sweden. “In general, Swedish companies have a very flat organisation and open with delegated responsibility to the team which gives the individual more opportunities to develop within their expertise. Australian work culture is a bit more controlled and structured with a few in-between levels.” Francine added to the topic: “I am very proud to say that Klarna Australia follows the Swedish parent’s structure, culture and operating models and it is very refreshing. Of the entire team that has joined Klarna Australia, the number one comment we get is: wow we are empowered, we can actually get this done and we have access to everything. There are no secrets and it’s a very flat organisation. We’ve had a great response to the culture we are creating, it has got a real buzz about it. There are no egos and it’s all about doing what we can as a team to become the number one buy now pay later service in the country. I love that side about the Swedish culture, it is fantastic.”
We also highlighted the biggest challenges in entering the Australian market and Roland commented: “The main challenges with entering the Australian market are the local regulations and certifications needed, both hardware and software have to be recertified which already had been certified in Europe and then we have the local card eftpos, which further adds technical development, costs and requires certification makes it challenging to enter the market. The investments needed for all recertifications and time are the largest hurdles.”
View the full video recording of this webinar here: https://youtu.be/FeRnFGoj1as
Special thank you to the panelists:
Francine (Bergman) Ereira, Country Head Klarna Australia & New Zealand
Fran Ereira has an extensive history working in information technology, services and retail. She joined Klarna in February after two years as General Manager, Sales Solution & Deliver at Zip Co Limited. Prior to this she was Vice President for the Asia Pacific Region for Temando, a technology company that is a leading supplier of fulfillment solutions to global and local brands.
Founded in 2005 in Stockholm, Klarna offers a wide range of products within payments, shopping and personal finances to make it easier for people to shop on and offline, including buy now pay later services, in-store payment solutions and a new direct-to-consumer shopping app. Today more than 85m consumers use Klarna, and the company partners with over 205,000 merchants in North America, the UK and Europe including H&M, Michael Kors, Wayfair, Adidas, IKEA, Expedia Group, Samsung, Microsoft, ASOS, Peloton, Boohoo, Sonos, RayBan, Levi’s, Ticketmaster, Abercrombie & Fitch, and Nike. As part of the company’s recent $460M equity raise, Klarna was confirmed as the largest private fintech in Europe and as one of the largest private fintech globally.
Roland Schmid, Country Manager Westpay AB, Australia & NZ
Originally from Sweden, is a proactive, dedicated, and results-driven executive with over 30 years’ extensive experience managing companies, establishing new markets and start-ups. Wide experience working for companies such as H&M, Ahlgrens AB, Swedish Match AB, (Stockholm, Switzerland, The Netherlands & Australia). Came back to Sweden in 2008 and started Schmid’s Consulting. Joined Duni AB 2009 to 2011 as Retail Nordic Director to we decided to move back to Australia again. Since being back I have been in the payment industry (ATM’s) Hyosung Inc. and since 2017 consulting for Westpay AB (Eftpos) as Country Manager Australia.
Westpay provides smart transaction- and payment solutions for merchant in-store as well as for the e-commerce and self-service markets. They offer a complete solution for all types of payments and for all kinds of applications within various industries, such as retail, hotels and restaurants and the retail banking sector.
Lance Blockley, Managing Director at The Initiatives Group and Ambassador Emerging Payments Association ASIA
Lance is a foundation Ambassador for the Emerging Payments Association Asia and assisted in getting the organisation established in 2018. He is also Managing Director of The Initiatives Group, a consulting firm specialising in payments. He has advised issuers, acquirers, third-party processors, technology providers and payment associations in addressing many of the financial sector’s most significant issues. He has over 35 years’ experience in senior management and consulting in the UK, USA, Asia and Australia. Lance has led the TIG consulting team on a number of industry-wide assignments, including the successful removal of signature (PIN@POS) on card payments in Australia in August 2014, the culmination of two and a half years work across multiple stakeholder groups. Lance led EPAA’s inaugural study tour in taking a group of payments professionals to Sweden in June 2019, in order to investigate how that country was progressing in going “cashless”. Lance holds B.A. and M.A. degrees in Natural Sciences from Cambridge University, England and an M.B.A. from IMD, Switzerland. He is a Fellow of both the Australian Institute of Company Directors and the Chartered Management Institute (UK).
And to our moderator:
Camilla Bullock, Director General, Emerging Payment Association ASIA and a Member of the SACC Board
Camilla Bullock is the Co-Founder and Director at the Emerging Payments Association Asia, the only Pan APAC branch organisation for users and providers of payments technology. Camilla is also the lead, and the Co-Founder behind the global project Meet-Her She Knows Payments which is a movement to narrow the gender thought leadership gap existing in the payments industry.
Summary by Camilla Jennings, SACC
Contact us if you would like more information: sacc@swedishchamber.com.au
For event updates and information visit www.swedishchamber.com.au and follow us on Facebook I Linkedin I Twitter
SWEDELINK Newsletter Autumn 2019
/in News, Newsletter /by Camilla JenningsSWEDELINK Newsletter Autumn 2019
SACC Webinar 11 June 4pm (AEST) SACC Webinar – COVID-19 impact on future business climate, the sustainability agenda and learnings
/in Sydney Events /by Camilla JenningsThis is the third webinar in the series COVID-19 impact on business and trade. In this webinar we will focus on the future: What have we learned so far? What do we believe will be “the new normal” for business? Consequences of the pandemic on urban culture and society at large, the concept of work flexibility, the global agenda as well as on an individual level. We would like this webinar to allow us to lift the gaze and encourage us to look beyond managing the crisis in the here and now.
The session is moderated by Teresia Fors, Vice President Swedish Australian Chamber of Commerce, and on the panel, we are excited to present:
Sarah Goss leads company-wide strategy execution and innovation at Ericsson. Prior to her current role, Sarah led Ericsson’s government and enterprise practice for Australia and South East Asia driving digital transformation projects in industries such as utilities, transport and public safety. Sarah was also previously a founding director of a tech startup in the aged care space called Umps, where she remains as a shareholder. Last year Sarah was named as a finalist in the 2019 Women’s Agenda Leadership Awards, recognising her as an emerging leader who is determined to reshape her industry and create a smarter and more inclusive future. Sarah is Chair of Ericsson’s Diversity & Inclusion Council, a member of the Industry Advisory Committee for RMIT’s School of Management, and Advisory Board member for In2Science which provides STEM peer mentoring in low socio-economic schools.
Sam Okeby is the Head of Commercial Development for Lendlease Australia overseeing developments across the Office, Hotel, Student Accommodation, Higher Education and Innovation District sectors. Sam is also the chair of Lendlease’s Global Workplace Steering Committee coordinating strategic thinking for Workplace solutions across the 3 global regions Lendlease operates in Asia Pacific, Americas and UK/Europe. Prior to joining Lendlease Sam held several roles at private organisations with his most recent role as Head of Development for Australia Pacific Airports Corporation overseeing aviation and retail expansion of their key investment Melbourne Airport.
Ambassador Ahlberger holds a degree in International Relations and Economics from the University of Stockholm and in International Relations from the Johns Hopkins University. An interactive Q&A session with the option to ask live questions will be held at the end of the webinar.
Register your participation here.
Once registered, an email will be sent with instructions on how to get connected to the webinar from wherever you are in Australia. There is no cost attached to attending this webinar.
We look forward to seeing you on 11 June at 4.00 – 5.00 pm (AEST).
Swedish Chambers APAC Webinar 10 June with Anna Hallberg and Jacob Wallenberg on Swedish Trade and COVID-19
/in Sydney Events /by Camilla JenningsSwedish Trade and COVID-19
The Swedish Chambers of Commerce in APAC are pleased to invite you to a webinar with two key patrons in the field of Swedish foreign trade and business: Anna Hallberg, Sweden’s Minister for Foreign Trade and Jacob Wallenberg, Chairman of Investor AB.
How has the Swedish trade policy functioned during the COVID-19 crisis and how will it work once the pandemic is over? What industrial support measures with regards to exports and international activities have been put in place? What can we learn from Asia, currently ahead of Europe in terms of pandemic recovery? These, among other questions, will be discussed in this webinar.
Our speakers will share their experiences from the public sector in managing the pandemic domestically, as well as provide insights into the private sector from the unique perspective of the Wallenberg family.
The discussion will be moderated by Peter Ling-Vannerus, Chief Representative of SEB Beijing.
Anna Hallberg, Sweden’s Minister for Foreign Trade and Nordic Affairs
Positions and assignments:
2019– Minister for Foreign Trade and Nordic Affairs
2017–2019 Board member, Lifco
2017–2019 Board member, Mid Sweden University
2016–2018 Board member, Partnerinvest Norr
2013–2018 Deputy CEO, Almi Företagspartner AB
2010–2017 Board member, University West
2009–2019 Board member, Atrium Ljungberg
2007–2012 CFO, Almi Företagspartner AB
2001–2007 Managerial positions, SEB Private Banking
1999–2001 Project manager, Öhman Fondkommission
1987–1999 Various posts and managerial positions, SEB Merchant Banking
Jacob Wallenberg, Chairman at Investor AB
Jacob Wallenberg is Chairman of Investor AB, Vice Chairman of FAM and Patricia Industries, and Director on the board of the Knut and Alice Wallenberg Foundation. He is also actively involved in the telecommunications industry, and the power and automation technology industry as Vice Chairman of Ericsson and ABB. Jacob holds an MBA degree from the Wharton Business School at the University of Pennsylvania. Jacob Wallenberg is also member of IBLAC (Mayor of Shanghai’s International Business Leaders Advisory Council), Royal Swedish Academy of Engineering Sciences (IVA), the European Round Table of Industrialists and the Advisory Board of Tsinghua University School of Economics and Management.
Peter Ling-Vannerus, Chief Representative at SEB, Beijing China
2016- Chief Representative, SEB Beijing
2010-2016 Gobal Head, Subsidiary Financing, SEB HQ
Peter has previously worked as the head of SEB Branch France as well as head of the SEB office in Brazil. He has also been a Board member of the Brazilian investment bank Banco Mercantil Finasa. Peter started his career in Peru working with the re-scheduling of Peruvian debt. He has long experience of working with emerging markets within all product areas. Education:
Captain in the Reserves of the Swedish Coast Artillery, Royal Naval Academy
BSFS, Georgetown University, Washington, D. C.
Wallenberg Institute, Stockholm, Sweden
AMP, INSEAD, Fontainebleau
NB: Limited number of places. Log-in details for the webinar will be sent to registered participants prior to the event.
We are grateful for SEB’s support in arranging this webinar
This event is organised in cooperation with the Swedish Chambers APAC:
Swedish Chamber of Commerce Singapore, Swedish Chamber of Commerce China, Swedish Australian Chamber of Commerce, Swedish Chamber of Commerce in Hong Kong, Nordcham Philippines, The Swedish Chamber of Commerce and Industry in Japan, Swedish Chamber of Commerce India, Thai-Swedish Chamber of Commerce, NordCham Indonesia (Nordic Chamber of Commerce in Indonesia), Nordic Chamber of Commerce Vietnamn, Swedish Chamber of Commerce Korea, Swedish Chamber of Commerce Taipei
Swedish National Day Online Event 4 June 5.30pm (AEST)
/in Sydney Events /by Camilla JenningsJoin us for this Members Connect Virtual Swedish National Day 4 June at 5.30pm (AEST) / 3.30pm (AWST).
The National Day is actually 6 June but this year we will be ahead of time and virtually celebrate two days before but still with traditional influence.
More details and registration link coming soon.
Exclusively for SACC Members – EABC Forum 26 May 4.00-5.30pm (online
/in Sydney Events /by Camilla JenningsEurope & Australia – Seizing the Opportunities for Recovery & Bounceback
On behalf of the European Australian Business Council (EABC), SACC and YP members are invited to take part in this videoconference “Europe & Australia – Seizing the Opportunities for Recovery & Bounceback” with keynote address by Dr Stephanie Fahey, Chief Executive Officer, Austrade and chaired by the Hon Simon Crean, EABC Chair and former Australian Minister for Trade.
The continued flow of goods, services and investment between Australia and Europe has been vitally important for mitigating the economic impacts of the COVID-19 pandemic and securing essential supplies. Early estimates from the WTO are that global trade could fall by up to 32% in 2020, and the OECD forecasting a drop of 30% in FDI and the possibility of long-term decline. The Australian Government is providing the largest support package ever implemented to support Australian businesses and jobs and to maximise opportunities for a post-COVID economic ‘bounceback’, where trade and investment have a vital role to play.
Leading the Australian Government’s efforts for the trade and investment agenda is Dr Stephanie Fahey and the global network of the Australian Trade and Investment Commission (Austrade). Dr Fahey will outline the recovery strategy and reaffirm Australia’s commitment to attracting productive FDI, where innovative European companies can add enormous value.
The Austrade team is supporting Australian exporters and foreign investors with critical support to preserve the flow of goods and services, particularly for essential items. Austrade’s mandate is not only to support the trade and investment community but also has specific responsibility to the international education and tourism sectors. The forum will bring together a wide range of representatives of major Australian and European companies, chambers of commerce, and other stakeholders, and will be chaired by EABC Chair, the Hon Simon Crean, who is also Deputy Chancellor of Monash University, and a former Australian Trade Minister, among other senior government appointments.
The Forum will offer a unique opportunity to hear from Austrade’s CEO on the crucial work the agency is undertaking to support business. Equally as important, the videoconference will also provide insights into the Australian Government’s strategy for post-COVID recovery and the vital role the trade and investment community will play in this effort. Participants will be encouraged to provide feedback on the challenges being faced by businesses large and small, areas where the government can support exporters and investors, and new ways to improve collaboration between Europe and Australia.
Date: Tuesday 26 May 2020
Time: 4.00 pm to 5.30 pm (AEST)
RSVP: By 21 May
Register your participation with SACC and details for joining the forum will be circulated to confirmed participants closer to the event.
Stephanie Fahey has had over 30 years’ experience both as an academic and executive working in Australia and overseas, including as a lead partner for education at EY, and a Deputy Vice Chancellor (Global Engagement) at Monash University, among other senior roles. Stephanie Fahey is Deputy Chair of the European Australian Business Council and has been a board member of a range of organisations, including the Australia China Business Council, the Canberra Institute of Technology, the Foreign Affairs Council, the Australia Korea Foundation, and others.
Simon Crean served 23 years in the Australian Parliament, serving as Minister for Trade, Leader of the Opposition, and as Minister for Employment, Education and Training; Science and Technology; and Primary Industries and Energy; among many others. He currently serves as Chair of the European Australian Business Council (EABC), Deputy Chancellor of Monash University, and on the boards of Linfox International Group and the North Queensland Flood Response and Recovery Agency. Prior to entering Parliament he was the President of the ACTU and has also served on the boards of Qantas Airways, the Australian Industry Development Corporation, and as Chair of the Australian Live Exporters Council.
Paytech a growing Swedish export – Opportunities and Challenges entering the Australian market
/in News, Recent Online Events and Webinars /by Camilla JenningsIn this webinar, we focused on an export that Sweden has excelled in over the past 10 years – Financial Technology and more specifically Payment Technology, which touches most of us every day. We heard from Swedish Paytech companies and experts in Australia, about opportunities and why entering the Australian market, how it is to set up and scale in Australia, differences between the Swedish payment technology compared to here in Australia, company culture, opportunities and challenges in extraordinary times.
Camilla Bullock, Director General, Emerging Payment Association ASIA and moderator for the session introduced the panelists and began setting the scene with: “When we travel abroad, we often talk about what we are proud of from our home country. Many Swedes might bring up Abba, Avicii, famous actors like Stellan Skarsgård or big companies like IKEA and Volvo. What comes to my mind is often Financial Technology and I talk about Trustly, iZellte, Bambora and then I talk about Klarna.”
Klarna launched in Australia in January 2020 and has been around for about 15 years. Klarna was founded by three university students, Sebastian Siemiatkowski, Niklas Adalberth and Victor Jacobsson, who came up with an idea on how to provide consumers and merchants with safer and simpler online shopping payment methods. They took their idea and entered the Stockholm School of Economics annual entrepreneurship award in 2005. Despite that their idea was not received with enthusiasm and their entry was among the last in the competition they decided to start up Klarna in the middle of 2005. Today Klarna is the largest fintech start-up in Europe, valued at USD $5.5 billion and with 85 million users.
To the panel we invited Francine Ereira Country Head Klarna Australia & New Zealand, Roland Schmid Country Manager Westpay AB, Australia & NZ and Lance Blockley Managing Director at The Initiatives Group and Ambassador Emerging Payments Association ASIA.
Francine began by presenting Klarna and why they decided to enter the Australian market. “Australia is a very attractive market for Klarna, we believe that we have an exceptional shopping experience which separates us from the rest of the buy now pay later providers. What we mean by that is that we deliver an engaging experience for our customers rather than a transaction. When we look at the Australian market there is only 10% of the population that have done a buy now pay later transaction and the addressable audience is obviously much larger. We decided to enter the market now as the Australian consumer is looking for transparency and an engaging partner to work with and Klarna offers that.”
“Klarna wants to be the number one shopping experience in every country that we are represented in, and our ambition is to become the leader in the Australian market. It is all about consumer engagement and if the consumers see value in a proposition and they feel that it is a great product for them to use and it becomes their way to pay, then that is ultimately what gives us the success we are looking for. Given our experience in most markets in the world I am really confident that we can reach our goal.”
Lance, Australian Payment Specialist who visited Sweden and several Swedish Paytechs last year and has been an advisor for Bambora on their entering the Australian market, spoke about recent market trends. “There has been a long-term trend from credit cards into debit. Credit cards are becoming the new senior’s cards. Most of the buy now pay later accounts have debit cards associated with them. It could be related to the younger demographic using them but to some extent by using a buy now pay later with debit you have a quasi-credit facility working for you so you can effectively create your own credit card from a debit card. Buy now pay later account applications have gone up during the pandemic and credit card applications have gone down. Generally seamless embedded in-app payments have increased, without people even realising that they paid whilst they were using the app.”
“It took a number of years for the acquiring infrastructure for tap and go to catch up with contactless card issuance in Australia. In 2012 Coles and Woolworths adopted contactless payments and now Australia has more open-loop contactless transactions per person than anywhere in the world. We are now seeing a very slow progression into the mobile format for tap and go payments.”
Roland, Swedish Payments Specialist who has been living and working within paytech in Australia for many years and lately representing Westpay AB, was asked about differences in company culture comparing Australia with Sweden. “In general, Swedish companies have a very flat organisation and open with delegated responsibility to the team which gives the individual more opportunities to develop within their expertise. Australian work culture is a bit more controlled and structured with a few in-between levels.” Francine added to the topic: “I am very proud to say that Klarna Australia follows the Swedish parent’s structure, culture and operating models and it is very refreshing. Of the entire team that has joined Klarna Australia, the number one comment we get is: wow we are empowered, we can actually get this done and we have access to everything. There are no secrets and it’s a very flat organisation. We’ve had a great response to the culture we are creating, it has got a real buzz about it. There are no egos and it’s all about doing what we can as a team to become the number one buy now pay later service in the country. I love that side about the Swedish culture, it is fantastic.”
We also highlighted the biggest challenges in entering the Australian market and Roland commented: “The main challenges with entering the Australian market are the local regulations and certifications needed, both hardware and software have to be recertified which already had been certified in Europe and then we have the local card eftpos, which further adds technical development, costs and requires certification makes it challenging to enter the market. The investments needed for all recertifications and time are the largest hurdles.”
View the full video recording of this webinar here: https://youtu.be/FeRnFGoj1as
Special thank you to the panelists:
Fran Ereira has an extensive history working in information technology, services and retail. She joined Klarna in February after two years as General Manager, Sales Solution & Deliver at Zip Co Limited. Prior to this she was Vice President for the Asia Pacific Region for Temando, a technology company that is a leading supplier of fulfillment solutions to global and local brands.
Founded in 2005 in Stockholm, Klarna offers a wide range of products within payments, shopping and personal finances to make it easier for people to shop on and offline, including buy now pay later services, in-store payment solutions and a new direct-to-consumer shopping app. Today more than 85m consumers use Klarna, and the company partners with over 205,000 merchants in North America, the UK and Europe including H&M, Michael Kors, Wayfair, Adidas, IKEA, Expedia Group, Samsung, Microsoft, ASOS, Peloton, Boohoo, Sonos, RayBan, Levi’s, Ticketmaster, Abercrombie & Fitch, and Nike. As part of the company’s recent $460M equity raise, Klarna was confirmed as the largest private fintech in Europe and as one of the largest private fintech globally.
Originally from Sweden, is a proactive, dedicated, and results-driven executive with over 30 years’ extensive experience managing companies, establishing new markets and start-ups. Wide experience working for companies such as H&M, Ahlgrens AB, Swedish Match AB, (Stockholm, Switzerland, The Netherlands & Australia). Came back to Sweden in 2008 and started Schmid’s Consulting. Joined Duni AB 2009 to 2011 as Retail Nordic Director to we decided to move back to Australia again. Since being back I have been in the payment industry (ATM’s) Hyosung Inc. and since 2017 consulting for Westpay AB (Eftpos) as Country Manager Australia.
Westpay provides smart transaction- and payment solutions for merchant in-store as well as for the e-commerce and self-service markets. They offer a complete solution for all types of payments and for all kinds of applications within various industries, such as retail, hotels and restaurants and the retail banking sector.
Lance is a foundation Ambassador for the Emerging Payments Association Asia and assisted in getting the organisation established in 2018. He is also Managing Director of The Initiatives Group, a consulting firm specialising in payments. He has advised issuers, acquirers, third-party processors, technology providers and payment associations in addressing many of the financial sector’s most significant issues. He has over 35 years’ experience in senior management and consulting in the UK, USA, Asia and Australia. Lance has led the TIG consulting team on a number of industry-wide assignments, including the successful removal of signature (PIN@POS) on card payments in Australia in August 2014, the culmination of two and a half years work across multiple stakeholder groups. Lance led EPAA’s inaugural study tour in taking a group of payments professionals to Sweden in June 2019, in order to investigate how that country was progressing in going “cashless”. Lance holds B.A. and M.A. degrees in Natural Sciences from Cambridge University, England and an M.B.A. from IMD, Switzerland. He is a Fellow of both the Australian Institute of Company Directors and the Chartered Management Institute (UK).
And to our moderator:
Camilla Bullock is the Co-Founder and Director at the Emerging Payments Association Asia, the only Pan APAC branch organisation for users and providers of payments technology. Camilla is also the lead, and the Co-Founder behind the global project Meet-Her She Knows Payments which is a movement to narrow the gender thought leadership gap existing in the payments industry.
Summary by Camilla Jennings, SACC
Contact us if you would like more information: sacc@swedishchamber.com.au
For event updates and information visit www.swedishchamber.com.au and follow us on Facebook I Linkedin I Twitter
SACC Webinar 21 May 3pm AEST – Paytech a growing Swedish export
/in Sydney Events /by Camilla JenningsPaytech a growing Swedish export – Opportunities and Challenges entering the Australian market
In this webinar, we will focus on an export that Sweden is excelling in – Paytech – and we will hear from a Swedish Paytech company and experts in Australia, about market opportunities and challenges in extraordinary times. What makes Swedish Paytech companies unique and their role in making money move.
On the panel, we are pleased to introduce:
Fran Ereira has an extensive history working in information technology, services and retail. She joined Klarna in February after two years as General Manager, Sales Solution & Deliver at Zip Co Limited. Prior to this she was Vice President for the Asia Pacific Region for Temando, a technology company that is a leading supplier of fulfillment solutions to global and local brands.
Founded in 2005 in Stockholm, Klarna offers a wide range of products within payments, shopping and personal finances to make it easier for people to shop on and offline, including buy now pay later services, in-store payment solutions and a new direct-to-consumer shopping app. Today more than 85m consumers use Klarna, and the company partners with over 205,000 merchants in North America, the UK and Europe including H&M, Michael Kors, Wayfair, Adidas, IKEA, Expedia Group, Samsung, Microsoft, ASOS, Peloton, Boohoo, Sonos, RayBan, Levi’s, Ticketmaster, Abercrombie & Fitch, and Nike. As part of the company’s recent $460M equity raise, Klarna was confirmed as the largest private fintech in Europe and as one of the largest private fintech globally.
Originally from Sweden, is a proactive, dedicated, and results-driven executive with over 30 years’ extensive experience managing companies, establishing new markets and start-ups. Wide experience working for companies such as H&M, Ahlgrens AB, Swedish Match AB, (Stockholm, Switzerland, The Netherlands & Australia). Came back to Sweden in 2008 and started Schmid’s Consulting. Joined Duni AB 2009 to 2011 as Retail Nordic Director to we decided to move back to Australia again. Since being back I have been in the payment industry (ATM’s) Hyosung Inc. and since 2017 consulting for Westpay AB (Eftpos) as Country Manager Australia.
Westpay provides smart transaction- and payment solutions for merchant in-store as well as for the e-commerce and self-service markets. They offer a complete solution for all types of payments and for all kinds of applications within various industries, such as retail, hotels and restaurants and the retail banking sector.
Lance is a foundation Ambassador for the Emerging Payments Association Asia and assisted in getting the organisation established in 2018. He is also Managing Director of The Initiatives Group, a consulting firm specialising in payments. He has advised issuers, acquirers, third-party processors, technology providers and payment associations in addressing many of the financial sector’s most significant issues. He has over 35 years’ experience in senior management and consulting in the UK, USA, Asia and Australia. Lance has led the TIG consulting team on a number of industry-wide assignments, including the successful removal of signature (PIN@POS) on card payments in Australia in August 2014, the culmination of two and a half years work across multiple stakeholder groups. Lance led EPAA’s inaugural study tour in taking a group of payments professionals to Sweden in June 2019, in order to investigate how that country was progressing in going “cashless”. Lance holds B.A. and M.A. degrees in Natural Sciences from Cambridge University, England and an M.B.A. from IMD, Switzerland. He is a Fellow of both the Australian Institute of Company Directors and the Chartered Management Institute (UK).
The webinar is moderated by:
Camilla Bullock is the Co-Founder and Director at the Emerging Payments Association Asia, the only Pan APAC branch organisation for users and providers of payments technology. Camilla is also the lead, and the Co-Founder behind the global project Meet-Her She Knows Payments which is a movement to narrow the gender thought leadership gap existing in the payments industry.
An interactive Q&A session with the option to ask live questions will be held at the end of the webinar.
REGISTER HERE
Once registered, an email will be sent with instructions on how to get connected to the webinar from wherever you are in Australia. There is no cost attached to attending this webinar.
We look forward to seeing you on 21 May at 3.00 – 4.00 pm.
The Chamber, our members and events in a nutshell presented by SACC President Jan Gardberg
/in Focus, News /by Camilla JenningsSACC Virtual Team Quiz – Have you been paying attention?
/in News, Recent Events, Recent Online Events and Webinars /by Camilla JenningsSACC Virtual Team Quiz – Have you been paying attention? 7 May 5.30pm (AEST)/ 3.30pm (AWST)
/in Sydney Events /by Camilla JenningsJoin us for this Virtual Team Quiz 7 May at 5.30pm (AEST) / 3.30pm (AWST) hosted by the SACC Perth WA Chapter. Meet Figge and Jonas from the Perth WA Board who has created a fun and interactive theme for this quiz comp.
Register here
Once registered, an email will be sent with instructions on how to get connected to the virtual venue from wherever you are in Australia.
There is no cost attached to attending this session.
We look forward to seeing you in the zoom room on 7 May 5.30-6.15pm (AEST) /3.30-4.15pm (AWST)!
SACC Webinar 5 May 3pm (AEST) COVID-19 impact on business, trade and investment: How to adapt, pivot and rebuild
/in Sydney Events /by Camilla JenningsCOVID-19 impact on business, trade and investment
Welcome to join the second SACC Webinar in the COVID-19 impact on business and trade series with focus on – How to adapt, pivot and rebuild. Past survival, will this be a new start for your business?
This webinar is moderated by Teresia Fors, Vice President Swedish Australian Chamber of Commerce and on the panel, we are pleased to introduce:
Professor Glenn Wightwick is the Deputy Vice-Chancellor of Innovation and Enterprise at the University of Technology Sydney (UTS) where he has responsibility for the university’s innovation, entrepreneurship and industry engagement. Prior to this he was Deputy Vice-Chancellor of Research for 3.5 years. He spent 27 years working at IBM in Australia, the USA and China in a variety of technical and leadership roles in systems engineering, development and research. He is a Fellow of the Australian Academy of Technology and Engineering and a Senior Fellow of the IEEE. He is Co-Chair of 2SER, a community radio station jointly owned by UTS and Macquarie University and is on the board of the Sydney School of Entrepreneurship and SCEGGS Redlands.
Jussi Ylinen is Anticimex Group President for the Pacific Region and CEO for Flick Anticimex Pty Ltd in Australia. Anticimex is a global leader in preventive pest control offering modern solutions for a modern society operating in 18 countries. Jussi Ylinen has extensive international service business experience from companies like YIT Construction, Nokia, SOL Corporation. Prior joining Flick Anticimex in Australia he held the position of CEO Anticimex Finland for the past 4 years. Jussi Ylinen graduated from the University of Technology in Helsinki in 1994 with MSc Civil Engineering degree. Shortly his career was built in international assignments in Baltic countries, Central Europe, Latin America and Russia. Family of two children has some good memories living abroad in Zurich and Rio de Janeiro over 7 years. The Ylinen Family Returned to Finland in 2005 and had to wait until 2019 to move again, this time to Melbourne.
Johan Nilsson, Business and Strategic Development, Constant Security Services
Johan has been an innovative security specialist, pioneering technologies and applications that are now common platforms in the Australian security industry over the last two decades, such as GPS sign-on/off, WH&S/operational apps and guard instructions through digital information points. His entrepreneurial approach has resulted in effective operational solutions reducing the risk for employers and clients alike. Continuous client engagement with Constant’s clients such as Woolworths, MYER, Fairfax City to Surf and the Sydney Opera House ensures our service will evolve into a new “normal” in this ever-changing environment. As their security partner, Constant maintains an integral part in consulting and implementing best practices and benchmarking.
An interactive Q&A session with the option to ask live questions will be held at the end of the webinar.
Register here
Once registered, an email will be sent with instructions on how to get connected to the webinar from wherever you are in Australia. There is no cost attached to attending this webinar.
We look forward to seeing you on 5 May at 3.00 – 4.00 pm.