Westpac non-executive director Elizabeth Bryan has announced her retirement from the board. Bryan has been on the bank's board since 2006 and has chaired the risk and compliance committee and the technology committee. She will retire after the bank's annual general meeting on December 9.? Anti-money laundering regulator Austrac has set up a portal on its website to help fintechs understand their AML and counter-terrorism financing obligations. "We encourage and support innovation in the finance sector but we also have a responsibility to prevent and manage money laundering and terrorism financing risks," said Austrac chief executive Paul Jevtovic. The new fintech webpage provides information for start-ups and an avenue to engage with Austrac's policy team. Payments gateway operator InPayTech has achieved the minimum subscription target of its initial public offering and will go ahead with its listing on the Australian Securities Exchange next month. The company has received commitments worth A$3 million, with more than a week to go before the offer closes. InPayTech has developed technology that allows for the transmission of extended remittance data with payments. It currently offers a service called ClickSuper, which is a clearing house for the payment of superannuation contributions, and it plans to offer an overlay service when the New Payments Platform starts next year. Lenders other than major banks may be faring better in the mortgage market. Analysis by Mortgage Choice carried out for The Australian showed a greater number of new and existing home buyers were choosing banks outside the big four. This found that non-majors increased their market share from 19.3 to 23.8 per cent.