86 400 granted full banking licence
86 400 is officially Australia’s newest bank, having been granted a full Authorised Deposit-taking Institution (ADI) licence by APRA.
Fintech Waddle in talks with local banks after RBS deal in UK
Fintech Waddle is now looking to partner with traditional banks, rather than disrupt them, following the success of a deal with RBS
Fintechs need ‘competition champion’ in APRA
APRA advised to create a “competition champion” in their organisation so its traditional priority of financial safety does not block new banking competitors
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.
