Westpac says fintech partnerships paying off
Westpac’s $100 million investment in the Reinventure venture capital fund is paying off for the bank, according to group CEO Brian Hartzer.
View ArticleGovt gives Open Banking regime the go ahead
Consumers will be granted new rights over their banking data from July next year, with the government this week announcing it would implement the recommendations of the Review into Open Banking.
View ArticleAI in Australian Business: The race to invest
Australian businesses have some catching up to do in the next decade, if they’re to reap the benefits of AI-driven efficiencies.
View ArticleANZ and Atlassian partner to push bank’s agile overhaul
ANZ bank has partnered with Atlassian to leverage the software-maker’s suite of collaboration and development tools, as well as its agile-working expertise.
View ArticleXero to launch open banking API
Small business cloud accounting platform Xero has announced the imminent release of an open banking API.
View ArticleASIC clamps down on dodgy ICOs and crypto asset funds
The Australian Securities and Investments Commission (ASIC) today revealed it had stepped in to stop five initial coin offerings (ICOs) from raising capital since April.
View ArticleRaiz launches chatbot in response to banking Royal Commission
Mobile micro-investing platform Raiz Invest has launched a chatbot in response to the financial services Royal Commission.
View ArticleCloud, big data helping ‘stress test’ mortgages
The Royal Banking, Superannuation and Financial Services Industry will drive increased adoption of RegTech solutions in Australia according to Richard McCarthy.
View ArticleCBA capitulates, will support Apple Pay next year
The Commonwealth Bank of Australia (CBA) will offer customers Apple Pay in January, it announced today.
View ArticleAustralian ‘neobank’ Xinja clears regulatory hurdle
The Australian Prudential Regulation Authority (APRA) has issued a restricted banking licence to Xinja — a digital-only bank with a focus on mobile.
View ArticleANZ promotes digital banking exec
Maile Carnegie has been promoted to ANZ Bank’s group executive digital and Australia transformation.
View ArticleNAB's chief architect on multi-cloud, data science automation
"Switching on the high beams to see what twists and turns we may need to lean into in the road ahead is fascinating and fun," Komarov says.
View ArticleDarknet market bundling card details with device fingerprints to beat fraud...
Researchers have uncovered an invitation-only Tor-concealed marketplace where stolen credit card details are bundled with the victim's device fingerprint, meaning criminal buyers can use them to beat...
View ArticleForrester: Australian bank apps struggling to balance functionality and...
A review of the apps offered by Australia’s biggest banks has found Commonwealth Bank of Australia’s to be the best, for the third year in a row.
View ArticleAPRA pushes back go-live for new data collection system
The Australian Prudential Regulation Authority (APRA) has moved back the go-live data of its new data collection system from March 2020 to later next year.
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