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.
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
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.
86 400 appoints Morgan Stanley for external capital raising
86 400 has announced it will undertake a capital raising process to support the next phase of its growth beyond launch, appointing Morgan Stanley to assist.
Commonwealth Bank trials smart-money on blockchain
A new type of smart money, powered by blockchain, has been successfully trialled by CSIRO’s Data61 and the Commonwealth Bank.
Bank customers to expect Netflix-level personalisation
Banking customers will come to expect the same level of personalisation that they are provided by the likes of Netflix and Spotify, Standard & Poor’s has predicted.
Suncorp adds eftpos cash functionality to Apple Pay
Retail bank Suncorp has followed ANZ in adding eftpos functionality to its Apple Pay offering as the tussle to get to the top of consumers’ digital wallets between local and international payment schemes intensifies.
IRESS reaps post-RC benefits
Financial technology provider IRESS has reported a rise in business opportunities within the wealth sector post-royal commission.
