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.
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.
