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.
Facebook’s plan to beat the global banks
Facebook has unveiled an ambitious plan to launch an attack on the global financial system by creating a new cryptocurrency to be known as Libra
HSBC announces Digital Accounts Receivable Tool built on Identitii’s tokenisation technology
HSBC has announced the launch of its Digital Accounts Receivable Tool (HSBC DART) using Identitii’s innovative tokenisation technology
New neobank to list on the ASX and challenge the Big 4 ASX banks
Neobank Douugh is looking to list on the ASX, which would mean it would be the first neobank to hit the Australian Stock Exchange boards.
Fintech unicorn rewrites forex rules to snag big bank profits
The struggles of a speciality coffee shop run by two budding entrepreneurs in Melbourne lie behind the success of Airwallex, Australia’s newest unicorn.
Fintech reshaping consumer behaviour
A recent survey by Bankwest has revealed an unprecedented trend in the way in which fintech in Australia is reshaping consumer behaviour.
Is 2019 still the year of the neobank?
For all the activity going on in the market, there’s still no fully independent neobank offering banking services to the public.
