Banks are winning the digital war but for how long
Research from the RFi Group Global Digital Banking Report reveals that consumer trust in digital-only banks is only slightly lower than traditional banks.
APRA closes the door on new banks
The Australian Prudential Regulation Authority (APRA) has suspended the issuance of any new banking licences for “at least six months”.
Timing couldn’t be better for Open Banking
The impact of Open Banking, and the wider Consumer Data Right has the potential to be one of the most significant reforms in recent history.
Big Four banks under pressure to drop digital debit fees
Australia’s Big Four banks may have paused payment terminal rental fees for businesses shuttered by COVID-19, but a fresh battle has broken out.
Cash, ATM and bank branch use dips as virus transforms how we pay
Even paying with a plastic debit or credit card can risk spreading the virus, if it involves using your finger to key in a PIN number.
NEW: Open Banking Product Data APIs by Frollo
Frollo today launched of a new solution they’re offering to help Data Holders comply with Open Banking regulations: Product Data API Services for Banks.
Get some Finspo and you could save thousands
Australians could save thousands of dollars thanks to Finspo – a free service which uses their actual data to give them a clearer picture of their banking.
Neobank 86 400 closes Series A capital raise taking total equity capital to $90m
Australia’s first smartbank, 86 400, has closed its Series A capital raise. $34m of new equity was raised in March, bringing its total capital to $90m.
