Banking

Feb
17

What open banking will look like for consumers

Basiq, a NAB Ventures, Salesforce Ventures and Reinventure backed open banking platform, reveals their first version of their CDR Consent Experience.

By Australian FinTech | Banking . FinTech
DETAIL
Feb
13

Neobanks cast spotlight on big banks’ dubious practices

Australian neobanks have seen more than half a billion dollars in household deposits flow into their accounts since their launch.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Feb
12

Assembly Payments and Standard Chartered join forces

Australian fintech company Assembly Payments has joined forces with British multinational bank Standard Chartered to launch a new ecommerce payments company

By Reposted by Australian FinTech | Banking . FinTech . Payments
DETAIL
Feb
11

CDR Rules formalise open banking data standards

CDR is designed to improve transparency and access to customer data by making it easier to switch bank accounts, credit cards, and other products.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Feb
05

X15 Ventures launches Vonto app for small business

Vonto is a new and free mobile app that provides personalised insights and ideas to keep small businesses moving in the right direction.

By Australian FinTech | Banking . FinTech
DETAIL
Feb
05

Banks risk loss of US$3 billion in payments revenue to digital payments growth, non-bank competitors

Australian banks are at risk of losing US$3 billion in payments revenue by 2025 due to the growth of digital payments and competition from non-banks.

By Reposted by Australian FinTech | Banking . FinTech . Payments
DETAIL
Feb
05

Big four bank customers flock to Xinja, deposits exceed $100m

More than half of Xinja’s deposits have come from Australia’s big four banks, a very strong signal that consumers are keen to embrace digital banking.

By Australian FinTech | Banking . FinTech
DETAIL
Feb
04

No ‘passive’ stakes for CBA in new fintech push

CBA hopes to get the edge on rivals by launching 25 new fintech businesses over the next five years via the bank’s new fully-owned fintech entity named X15.

By Reposted by Australian FinTech | Banking . FinTech . Investing . Venture Capital
DETAIL