banking

Jul
19

CEO of newly approved bank aims at big four

Robert Bell, CEO of Australia’s newest bank, 86 400, is not interested in creating a “small, niche bank” but wants to create a competitor to the big four.

By Reposted by Australian FinTech | Banking . FinTech
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Jul
19

IMF warns banks must evolve or be ‘left behind’ amid the rise of digital money

“The Rise of Digital Money” noted that cash and bank deposits, which are currently the most common forms of money, will “face tough competition.”

By Reposted by Australian FinTech | Banking . Currency . FinTech
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Jul
18

86 400 granted full banking licence

86 400 is officially Australia’s newest bank, having been granted a full Authorised Deposit-taking Institution (ADI) licence by APRA. 

By Australian FinTech | Banking . FinTech
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Jul
18

Fintech Waddle in talks with local banks after RBS deal in UK

Fintech Waddle is now looking to partner with traditional banks, rather than disrupt them, following the success of a deal with RBS

By Reposted by Australian FinTech | Banking . Borrowing . FinTech . Lending
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Jul
17

Fintechs need ‘competition champion’ in APRA

APRA advised to create a “competition champion” in their organisation so its traditional priority of financial safety does not block new banking competitors

By Reposted by Australian FinTech | Banking . FinTech
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Jul
16

Challenger bank Archa avoids dirty word for Gens Y & Z

The founder of Australian challenger bank Archa has his sights set on launching the company’s first products to customers next quarter

By Reposted by Australian FinTech | Banking . FinTech
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Jul
16

How investment banks can respond to the fintech challenge

How can investment banks respond to this challenge? Well, almost 80% of financial institutions have entered into fintech partnerships.

By Reposted by Australian FinTech | Banking . FinTech
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Jul
10

Wisr calls out bad banking behaviours in new campaign

Neo-lender Wisr has launched a bold new campaign targeting disillusioned customers of big banks following the Hayne Royal Commission.

By Reposted by Australian FinTech | Banking . Borrowing . FinTech . Lending
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