Key to capitalising on open banking
Open banking has been touted as a game changer for the lending industry for months now, with resources swirling around covering what the transition means.
Bankwest, Lendi integrate assessment tools
Bankwest and Lendi have announced the integration of their loan assessment tools, designed to simplify the mortgage application process.
Neobank Volt closes $70m oversubscribed Series C, hits $100m total funding and sets sights on IPO
Australia’s first neobank Volt Bank, closed a $70m Series C equity funding round, which was oversubscribed by $10m beyond the original target of $60m.
Jack Dorsey’s Square says Aussie banks were anti-competitive
Jack Dorsey’s US payments giant Square has accused Australia’s major banks of engaging in anti-competitive conduct when it entered the local market.
Xinja Bank launches Australia’s best savings account from the nation’s new neobank
Xinja Bank, Australia’s independent and 100% digital neobank, today launched Australia’s best savings account, paying 2.25% interest, the highest ongoing rate on offer with no strings attached.
The RBA’s daring crypto experiment
The RBA has revealed that it has simulated a crypto experiment using central bank-backed digital tokens in the wholesale payments system.
Novatti secures $18m investment in preparation for digital banking service
Fintech company Novatti Group has secured further cornerstone investors committing $18m in preparation for the launch of their digital banking service.
Australian smartbank 86 400 announces Energy Switch service
Australian smartbank 86 400 has today announced Energy Switch, a free service enabling Australian households to get a better deal on their electricity bill
