Banking

Jan
15

Novatti secures $18m investment in preparation for digital banking service

Fintech company Novatti Group has secured further cornerstone investors committing $18m in preparation for the launch of their digital banking service.

By Reposted by Australian FinTech | Banking . FinTech . Investing . Payments
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Jan
14

Australian smartbank 86 400 announces Energy Switch service

Australian smartbank 86 400 has today announced Energy Switch, a free service enabling Australian households to get a better deal on their electricity bill

By Australian FinTech | Banking . FinTech
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Jan
12

Open banking and rise of fintechs to disrupt big banks’ ‘rivers of gold’

Soon, applying for a mortgage could involve little more than giving your name, email and property address, and your consent to “share” your banking data.

By Reposted by Australian FinTech | Banking . FinTech
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Jan
12

Former CTO and Co-Founder of the UK’s first digital bank joins Queensland’s DayTek Capital

Paul Hanks, the former Chief Technology Officer and Co-Founder of the UK’s Atom Bank, has joined DayTek Capital as a Technology Advisor.

By Reposted by Australian FinTech | Banking . FinTech
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Dec
19

The New Criterion: ironing out the blight of money laundering

Two of Australia’s biggest banks – Westpac and the Commonwealth Bank – are not alone when it comes to breaching anti money laundering rules.

By Reposted by Australian FinTech | Banking . FinTech
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Dec
17

What will success look like for the neoboanks?

New banks receiving a green light in 2019 by the prudential regulator APRA saw a number of neobanks make a splash on the local market.

By Reposted by Australian FinTech | Banking . FinTech
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Dec
16

Neobank Volt begins onboarding 40,000-strong waitlist, announces market-leading ‘no catches’ interest rate

Volt Bank has begun onboarding sections of its 40,000-strong waitlist and is announcing a ‘no catches’ ongoing base interest rate of 2.15% on savings.

By Australian FinTech | Banking . FinTech
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Dec
10

UBank adopts Basiq’s AI-powered tools to help Millennials budget

NAB’s digital bank UBank has joined forces with fintech Basiq to predict the spending of Millennials and help them save money.

By Reposted by Australian FinTech | Banking . FinTech
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