Major banks delaying open banking
One fintech leader has suggested that the open banking delay will continue due to the major banks not wanting to face the challenge.
SWIFT announces it’s going all-in on blockchain and open finance
The stage is now set. Tech companies in one corner, banks in the other and blockchain between them. And SWIFT is going all-in on blockchain and open finance.
ATM use falling, electronic banking, spending rising
ATMs were once the peak of banking technology, but now, they could be going the way of the dodo and the dinosaur.
Inside the war on the big four banks
Neobank start-ups will refrain from tearing each other down to train their guns on the juicy target of the big four banks.
Open banking opens the way for neobanks
With the new open banking policy set to take effect July 1, neobanks could soon become the more popular choice for Aussies over the big four.
Douugh secures strategic pre IPO investment from Japanese heavyweight, Monex Group
AI-powered, challenger neobank Douugh announces a strategic investment from one of Japan’s leading financial services companies, Monex Group, Inc.
A look at emerging trend of Neobanks in Australia
A Neobank is a completely digital bank that is created to work on digital and mobile platforms. Neobanks in Australia include Xinja, Archa, 86 400 & Up.
Derived data to be included in open banking: Treasury
Derived data exists in the 1988 Privacy Act and refers to any data that is not raw; for instance, data that is changed from one format to another.
