Big banks launching blockchain trade platform based on ‘Bitcoin-like’ token
A group of financial firms led by UBS is eyeing a blockchain trade platform for settling cross-border trades worldwide with its own “Bitcoin-like” token.
Former Westpac workers launch fintech solution to common office headache
Two former Westpac workers have launched a new fintech start-up they believe will solve what is a major issue, particularly for small businesses.
NAB, Bank Leumi & CIBC launch Global Alliance Fintech Link
Bank Leumi of Israel, CIBC and National Australia Bank today introduced the Global Alliance Fintech Link.
Australian FinTech company profile #19 – Fabric
Fabric is a developer-friendly Open Banking service layer where users are able to securely authenticate their banking credentials
$22b of bank revenue at risk from smartphone wallets: Morgan Stanley
Smartphone digital wallets offered by Google, Apple and other technology giants will put $22 billion of revenue across the major Australian banks at risk, according to Morgan Stanley
CBA accelerates digital banking innovation
CBA to launch a flurry of digital banking services in coming months including a tool that will identify $150m each year in unclaimed benefits for customers
Look Who’s Charging recognised for innovative use of data in defining best practice banking & finance
Look Who’s Charging won the award for the ‘Best Use of Data’ at the 2019 RFI Group Australian Banking Innovation Awards
HSBC Australia signs Flamingo AI to build virtual assistant
HSBC Bank Australia is poised to deploy a virtual assistant for frequently asked questions and ‘knowledge retrieval’ after partnering with machine learning play Flamingo AI.