Commonwealth Bank focused on innovating amid pressure from fintechs
Commonwealth Bank CEO Matt Comyn has said his bank is committed to spending big every year on technology to deliver the best banking experience.
86 400 becomes first in Australia to offer digital home loans through brokers
86 400 has launched an entirely digital home loan offering – the first smart alternative to how brokers currently submit client applications.
Offshore challenger bank OakNorth eyes local lending tie-up
Challenger bank OakNorth is the latest global fintech to set its sights on Australia, preparing the ground for the launch of a lending assessment platform.
Westpac to build new pure play digital bank
Westpac has revealed it will imminently launch a new pure play digital bank to run ahead of its main brand.
Plan to expand the bank of mum and dad
DomaCom want to tap superannuation to dramatically expand the capacity of the so-called bank of mum and dad to help youngsters on to the property ladder.
Facebook, Apple, Alibaba the biggest threat to Big Four banks
When it comes to disrupting Australia’s banking sector, it’s not the fintechs or the neobanks that are keeping our Big Four up at night.
One-stop shop banking model unsustainable: Wisr
Smaller banks outside the big four will have to rethink how they operate with the traditional model of being a hub for all banking and financial services no longer being profitable
Banks no longer ‘like god’: Are we ready for fintech 2.0?
Next February, Australia’s “consumer data right” will be put into action when banks will be required to share customer information.
