Banking

May
20

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

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May
17

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

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May
17

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.

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May
16

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

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May
14

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.

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May
14

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.

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May
13

Swinburne Uni joins forces with Bendigo Bank to establish FinTech degree

Swinburne University of Technology has built on its partnership with Bendigo and Adelaide Bank to develop and deliver a Master of Financial Technologies

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May
10

Neobank CEO urges borrowers to build buffer

Borrowers should resist the urge to take on more debt and build a buffer to guard against the continued weakness in the economic environment, according to the CEO of a challenger bank.

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