The FinTech Report
The FinTech Report Podcast is a deep dive into the people, platforms and businesses in the fintech sector. Each episode, your host, Glen Frost, will be talking with a leading expert in the fintech field – discussing a broad range of topics from Ai, Core Banking, Payments, Wealth, Lending to FinTech-Bank Partnerships.
Thank you to Vanta for sponsoring this show in 2025 - Vanta is revolutionizing trust management with their proven platform that helps everyone from startup founders to experienced security professionals establish security credentials faster. Their platform helps you achieve critical frameworks like SOC 2 and ISO 27001 while proactively managing vendor risk. For any business, establishing trust isn't optional—it's essential.
The FinTech Report
The FinTech Report Podcast: Episode 57: Piers Cracknell, GM Australia, BC Payments
Building the payments infrastructure for B2B clients, bringing payments lessons from Europe into Australia, and helping Australian fintechs scale globally
Piers Cracknell has 20+ years’ experience in banking, payments & fintech across senior roles at NAB, CBA and global fintechs in Australia & the UK.
Piers was recently hired by European bank – Banking Circle – to set up their Australian operation, which is known locally as BC Payments Australia,
In this podcast we discuss:
- What does BC Payments do in Australia?
- Difference between Banking Circle (EU) and BC Payments Australia?
- Building the payments infrastructure for customers
- In Australia: Typical clients (B2B, acquirers, issuers), access to NPP, access to cross border payment schemes
- What’s driving growth for BC Payments? Time and cost of settlement
- Need for KYC and AML frameworks, understanding all types of risks (eg onboarding process, ongoing monitoring and supervision of client)
- Experience in Europe – how is it relevant for Australia?
- View on future of payments – domestic & cross border
