Banking

Jan
20

Amex spotlights bank hypocrisy in screen scraping liability row

American Express has put the boot into Australia’s Big Four banks over their objections to fintechs using screen scraping to onboard customers.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Jan
20

How new bank Xinja is putting its design into the hands of customers

Xinja’s customers are invited to help build the digital bank’s platform into what they actually want it to be.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Jan
20

Key to capitalising on open banking

Open banking has been touted as a game changer for the lending industry for months now, with resources swirling around covering what the transition means.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Jan
20

Bankwest, Lendi integrate assessment tools

Bankwest and Lendi have announced the integration of their loan assessment tools, designed to simplify the mortgage application process.

By Reposted by Australian FinTech | Banking . Borrowing . FinTech . Lending . Mortgage
DETAIL
Jan
20

Neobank Volt closes $70m oversubscribed Series C, hits $100m total funding and sets sights on IPO

Australia’s first neobank Volt Bank, closed a $70m Series C equity funding round, which was oversubscribed by $10m beyond the original target of $60m. 

By Australian FinTech | Banking . FinTech . Investing . Venture Capital
DETAIL
Jan
20

Jack Dorsey’s Square says Aussie banks were anti-competitive

Jack Dorsey’s US payments giant Square has accused Australia’s major banks of engaging in anti-competitive conduct when it entered the local market.

By Reposted by Australian FinTech | Banking . FinTech . Payments
DETAIL
Jan
16

Xinja Bank launches Australia’s best savings account from the nation’s new neobank

Xinja Bank, Australia’s independent and 100% digital neobank, today launched Australia’s best savings account, paying 2.25% interest, the highest ongoing rate on offer with no strings attached.

By Australian FinTech | Banking . FinTech
DETAIL
Jan
16

The RBA’s daring crypto experiment

The RBA has revealed that it has simulated a crypto experiment using central bank-backed digital tokens in the wholesale payments system.

By Reposted by Australian FinTech | Banking . Currency . FinTech . Payments
DETAIL