Banking

Jun
16

Little need for a centrally managed digital currency in markets like Australia: RBA

What additional purpose would a centrally managed digital currency serve that electronic money from financial institutions is not already serving?

By Reposted by Australian FinTech | Banking . Bitcoin . Blockchain . Currency . FinTech . Payments
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Jun
15

Expect open banking to be a slow burn: Minister

With open banking set to begin in 2 ½ weeks, the government is keen to ensure expectations on initial uptake are realistic.

By Reposted by Australian FinTech | Banking . FinTech
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Jun
12

Pandemic pushes central bank digital currencies into top gear

Coronavirus is accelerating the development of central bank digital currencies as it has prompted millions of people to turn to cashless payments.

By Reposted by Australian FinTech | Banking . Currency . FinTech
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Jun
11

COVID-19 supercharges bank disruption

Two-thirds of banking executives believe that technologies like artificial intelligence and machine learning will have a major impact on bank disruption.

By Reposted by Australian FinTech | Banking . FinTech
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Jun
10

Ping Identity releases Consumer Data Right sandbox to fast-track Open Banking adoption in Australia

Ping Identity today announced the release of its Australian Consumer Data Right sandbox environment for banks and FinTech companies.

By Australian FinTech | Banking . FinTech
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Jun
10

Nium partners with Visa to offer card issuance in Australia

Nium, a global financial technology platform, has become a Visa issuer in Australia as part of its membership in Visa’s Fintech Fast Track programme.

By Reposted by Australian FinTech | Banking . FinTech
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Jun
08

Neobank Volt has had its public launch and IPO scuttled by Australia’s shutdown, but CEO Steve Weston says the future is ‘far brighter’ because of it

Volt had been readying itself to the public, looking to close a major offshore funding round and launch itself on the sharemarket all in the same 12 months.

By Reposted by Australian FinTech | ASX . Banking . FinTech
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Jun
08

NPP, BPAY and eftpos merger advances to study phase

Australia’s three payments infrastructure providers look set to be merged to benefit from a single industry-wide payments platform.

By Reposted by Australian FinTech | Banking . FinTech . Payments
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