Banking

Jun
08

Neobank Volt has had its public launch and IPO scuttled by Australia’s shutdown, but CEO Steve Weston says the future is ‘far brighter’ because of it

Volt had been readying itself to the public, looking to close a major offshore funding round and launch itself on the sharemarket all in the same 12 months.

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Jun
08

NPP, BPAY and eftpos merger advances to study phase

Australia’s three payments infrastructure providers look set to be merged to benefit from a single industry-wide payments platform.

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Jun
01

Backbase and Mambu partner to deliver an end-to-end integrated SaaS banking solution

Backbase has announced a strategic partnership with Mambu to jointly deliver a unique and powerful ​turn-key​ digital banking solution.

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May
29

Afterpay says no to credit checks, warns of big bank dominance

Afterpay has told a Senate Committee on fintech regulation that credit checks were irrelevant to its younger customer base.

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May
28

86 400 picking up thousands of customer bills in latest campaign

Smartbank 86 400 has launched a new 16-week campaign to give back to its early customers by paying over 100 upcoming bills at random each week.

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May
27

Fintech companies winning big in banking and finance – here’s why

New fintech contenders are set to offer new-age banking services that capitalize on “data-fueled, hyper-personalized experiences in real-time.”

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May
27

ACCC launches Consumer Data Right platform

The ACCC launches the Consumer Data Right Register and Accreditation Application Platform to allow banks and fintechs to become accredited data recipients.

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May
26

Coronavirus crisis sparks large bank withdrawals, despite looming cash transaction ban

Consumers are purchasing more of their goods and services digitally because of fears that the virus could spread through the handling of cash.

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