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