Open Banking on target for July 2020 launch
Keeping the open banking timeline has been welcomed by the financial industry and Split Payments CEO Kristofer Rogers said there was no reason for delay.
Nimble selects Mambu to power first steps towards pivot into mainstream digital banking
Nimble, a leading provider of unsecured credit in Australia, has selected Mambu’s market-leading, pure SaaS solution as its new banking technology platform.
What happens to my neobank account if I lose my phone?
Since your neobank account is only accessible through an app, what happens to your funds if you lose or misplace your phone?
Another billion-dollar year for investment in Australian startups in 2019
Australian startups saw a continued rise in venture capital funding in 2019, rising to US$1.145 billion, up from US$1.033 billion in 2018 according to KPMG
CBA launches app for faster lending decisions
CBA has launched BizExpress, a business lending app which provides small businesses a faster lending decision and faster funding for loans up to $1m.
APRA commits to fintech
APRA has formally recognised the important contribution of both the fintech and regtech sectors within Australia and will support their development.
Amex spotlights bank hypocrisy in screen scraping liability row
American Express has put the boot into Australia’s Big Four banks over their objections to fintechs using screen scraping to onboard customers.
HashChing revamps offering, completes capital raise
HashChing has successfully completed a capital raise, led by Heworth Fund Management and Sapien Ventures. The amount of the raise has not been disclosed.