Challenger bank Archa avoids dirty word for Gens Y & Z
The founder of Australian challenger bank Archa has his sights set on launching the company’s first products to customers next quarter
How investment banks can respond to the fintech challenge
How can investment banks respond to this challenge? Well, almost 80% of financial institutions have entered into fintech partnerships.
Wisr calls out bad banking behaviours in new campaign
Neo-lender Wisr has launched a bold new campaign targeting disillusioned customers of big banks following the Hayne Royal Commission.
China unveils central bank digital currency plans, sparked by Libra
China’s central bank digital currency is a go, China Daily reports. The program has been approved by the State Council and is now moving forward.
Business bank Tyro considering ASX listing
Payments and banking company Tyro told investors this morning that it is considering an ASX listing in a brief statement posted online.
ANZ, CBA, Westpac, Scentre, IBM form bank guarantee blockchain company
ANZ, CBA and Westpac, with Westfield shopping centre operator Scentre and IBM, are building a blockchain-based platform for bank guarantees called Lygon.
Open banking faces delay due to data concerns
Open banking could be delayed after Labor said it was unlikely to pass the requisite legislation by the end of this month due to data concerns.
Banks could implement an open banking solution in three months
Australia’s banks could implement a solution in three months that meets ACCC’s Open Banking pilot regime protocols and ASIC’s new responsible lending principles
