Big banks overcharging customers for overseas money transfers, finds ACCC
In this day and age it pays to look outside of the traditional means of a bank or credit union to make an international money transfer
Better behaviour, not Royal Commission driving fintechs’ bank fight
As the big banks’ PR machines went on the defensive following the royal commission, those employed by our growing fintech sector licked their lips with joy.
Will Blockchain systems kill banking as we know it?
The failure of central banks to keep economies stable is increasingly paving the way for emerging alternatives like blockchain systems.
Big banks’ fintech Beem It harassed us: Finch boss Shahirah Gardner
According to Finch’s Shahirah Gardner, the Australian start-up has been the victim of harassment and IP infringement by Beem It, a fintech run by big banks.
Digital bank 86 400 reveals details of its transaction and savings account
New digital smart bank 86 400, which hopes to be a real competitor to Australia’s Big Four, has revealed the details of its first banking products.
Experian A/NZ acquires Australian fintech Look Who’s Charging to bolster open data offering
Look Who’s Charging is integrated with a number of Australian banks, with their data available to millions of Australians directly within existing digital banking applications.
Westpac challenges start-ups on data
The Westpac Innovation Challenge gives start-ups, scale-ups and entrepreneurs the chance to win $50,000 and professional support to grow their business.
Banks beware a currency revolution
Australia’s big four banks could be reduced to one within a decade as Western countries follow moves in China with a currency revolution.
