Open Banking tipped to shape investment
While public discussions around the Consumer Data Right have focused on the retail banking sector, there are clear ramifications for trading and investment.
Cash warns banks to reduce ‘tap and go’ fees
Senator Cash stated that many retailers had raised concerns that banks are not offering to send ‘tap and go’ payments down the cheapest payment network.
Promising fintech Wych selected as test partner for Australian ACCC CDS/CDR standards
Wych, the NZ AI-powered financial personal assistant, announce their selection as a test partner for the forthcoming Australian ACCC.
Mambu announces global partnership with Google Cloud to accelerate customers’ move to cloud
Leading cloud banking platform Mambu announce partnership with Google Cloud to continue to grow its reach and seamlessly deliver service around the world.
The new age of consumer data rights: Where are we at?
From 1 July, major banks will start to share consumer data with accredited data recipients with the consent and at the request of customers.
Open Banking has arrived and is here to stay but how should banks take charge?
The imminent arrival of Open Banking is scheduled for rollout across Australia’s top four banks this July with other financial institutions to follow.
Which Fintech sectors will gain from COVID-19?
CB Insights looks at the effects of COVID-19 on five fintech sectors: payments, insurance, banking and lending, wealth and capital markets, and real estate.
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?
