Banking

Jul
02

The spectre of cryptocurrency is spurring banks into action

Goldman Sachs is weighing the idea of launching a cryptocurrency of its own, CEO David Solomon said late last week.

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Jul
02

Industries leaders express their views on Australia’s open banking regime

Australia’s open banking regime commenced yesterday, 1 July, 2019. Here’s what some of the industry leaders had to say about the launch.

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Jul
02

Central banks should issue digital currencies of their own

Because digital money is naturally cross-border, it opens the way to new forms of currency competition, from Libra among others.

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Jul
01

Why Australia can be an open banking leader

The concept of open banking is hardly new because some fintechs have been using account aggregation in their business models for more than a decade.

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Jul
01

World’s central banks to create innovation hub

Central banks will aim to work together more closely through an innovation hub approved on Sunday by the Bank for International Settlements.

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Jun
29

Challenger banks hit back at ‘delusional’ claim from fintech investors

A bold rejection of the business model of emerging digital-only banks was made by seasoned fintech investor Rajeev Gupta, partner at Alium Capital.

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Jun
29

‘Open banking’ era dawns in Australia

Open banking is a seismic shift in retail banking driven by regulatory changes, changing consumer preferences, and technology-enabled innovation.

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Jun
28

Fintech start-ups are now more ready to work with banks, says ANZ COO

There are now more “adequately mature” financial technology start-ups that can help banks with corporate clients, according to an executive from ANZ Bank.

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