ME Bank launches Google Pay as demand for digital payments increases
ME has introduced Google Pay today as its customers increasingly switch to contactless and digital payments.
Digital lender introduces tiered variable rates
Neobank 86 400 has introduced tiered variable rates for borrowers, enabling customers with higher deposits to access cheaper rates.
Frollo publishes a simple overview of all product data APIs in Australia
Frollo are very excited about the Consumer Data Right and there are two types of data are available through open banking: Product data and transaction data.
Xinja Bank appoints SISS Data Services for Open Banking solution
SISS’s experience in helping connect Australia’s major banks, has enabled them to develop a simple, secure and effective API open banking solution.
Open banking to usher new wave of products
The open banking regime could enable banks to create data-driven products and services instead of the riskier mortgage offering.
Smartphone payments soar as digital wallets gain traction
Figures from banks show the use of digital wallets – smartphone payments or wearable devices that can make payments – is soaring.
Going solo with banking data
Access to banking data via partnering with Basiq will also allow Rounded to add features such as automatic reconciliation in the near future.
Revolut mulls future bank licence
Australia has paved the way for innovative initiatives including open banking and restricted bank licence which has effectively green lighted neobanks.