Consumer Data Right legislation subject of new review
Just weeks after pushing back the launch of open banking the government has announced a new inquiry into the Consumer Data Right it legislated for last year
Xinja Bank quick off the mark: inflows exceed $30 million in first week
Xinja Bank, Australia’s newest 100% digital neobank, has attracted more than $30 million, within days of launching its Stash savings account to Australians.
Central banks band together to consider issuing their own digital currencies
Central banks around the world are collaborating on a study of digital currencies and their potential uses, the Bank of England said in a Tuesday statement.
Amex spotlights bank hypocrisy in screen scraping liability row
American Express has put the boot into Australia’s Big Four banks over their objections to fintechs using screen scraping to onboard customers.
How new bank Xinja is putting its design into the hands of customers
Xinja’s customers are invited to help build the digital bank’s platform into what they actually want it to be.
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.
