Westpac out in the cold as Apple Pay arrives for NAB customers
Westpac is the last remaining big Australian banking institution not to offer Apple Pay after NAB announced that the service had gone live for its customers
Banks still stalling real time payments: RBA
Big banks clinging to their legacy payments and IT platforms are continuing to stymie tangible benefits to consumers and business
Why your bank is set to offer ‘lifestyle services’
Open banking has forced the UK’s big banks to use financial services from other players and to offer lifestyle services such as sourcing mobile phone or energy plans
Banks to join forces for blockchain-based settlement project
Several of the world’s largest banks are in the process of investing around US$50 million to create a digital cash system using blockchain technology
RBA warns of ‘lock-out’ risk from rise of phone payments
The Reserve Bank has warned that growth in payments driven by smart phones, watches and other wearable devices must not stifle competition.
World Bank and CBA partner to enable secondary bond trading recorded on blockchain
The International Bank for Reconstruction and Development (World Bank) and CBA have enabled secondary market trading recorded on blockchain for bond-i
Frankie Financial powering Aussie neobank boom with new regtech
Frankie Financial announces it has signed deals with Xinja Bank and Novatti Group, as it works to provide the tools to power Australia’s NeoBank boom.
Open banking set to be a ‘game changer’ with more power for customers
Open banking means the CBA, Westpac, ANZ and NAB will have to make credit card, deposit and transaction data available if customers request it.
