Banking

Oct
18

Here’s how Facebook’s Libra will permanently hit Australian banks’ profits

The man in charge of setting up Facebook’s digital currency, Libra, pretty much confirmed to CNBC that the project has one key service goal for now.

DETAIL
Oct
18

‘I hope we’re disrupted’: ANZ boss welcomes fintech fight

I hope we are disrupted by smaller players — if we’re not disrupted, we won’t change, and if we don’t change, we’ll die – ANZ boss Shayne Elliott

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Oct
17

Volt partners with Frollo to create Volt Labs and put customers first

Volt Labs, the co-creation consumer app co-built by Volt and Frollo, has recently surpassed 10,000 users.

DETAIL
Oct
17

The changing landscape of Australian banking

Banks are starting to ramp up their preparations for open banking—not just to achieve compliance but also to take advantage of the new market opportunities.

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Oct
16

ME joins uno’s lender panel

ME has announced it has joined the lender panel of online mortgage broker uno Home Loans.

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Oct
09

Open Banking could be the boost Australia’s challenger banks need

A new report from Pegasystems suggests Open Banking in particular could be a breakout moment for Australia’s growing cohort of neobanks and fintechs.

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Sep
26

ACCC names its open banking testers

Ten fintech companies and start-ups have been chosen to test the open banking component of Australia’s consumer data right in the lead up to its launch.

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Sep
26

Alt funders overtake banks

A new trend has emerged in the SME lending space, with Australian small businesses more likely to use non-bank funders to fund growth.

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