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.
Are bank branches becoming a thing of the past?
A survey by JD Power showed that 27% of respondents indicated in the survey that they would use bank branches less often.
APRA to recommence issuing new banking licences
APRA has announced it will resume issuing new banking licences in September, after having instituted a temporary pause on doing so in April of this year.
Basiq joins open banking advisory committee
Leading Australian fintech company Basiq announce that they have joined the Consumer Data Right (CDR) Banking Advisory Committee.
