banking

Sep
20

Digital banking and neobanks

If all you’ve ever known is dollarmites and the big four, the idea of an online bank may seem a bit intimidating to you. But as banks roll out new app features and handy online services, the reliability of online banking grows, and makes room for digital banks and neobanks to emerge. If you’re curious […]

By Reposted by Australian FinTech | Banking . FinTech
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Sep
20

‘The clock is ticking for banks’: Morgan Stanley warns banks need to up their game before they get disrupted

Banks need to transform themselves or they’ll be left in the dust by new fintech companies, according to a new report. With fintech companies raising $58 billion globally in the first half of 2018, banks are feeling more pressure than ever to spend on their own technology. This is compounded by the fact that fintech […]

By Reposted by Australian FinTech | Banking . FinTech
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Sep
20

Fintech 101: Core concepts for the future of banking

Everyday it feels like someone, somewhere has coined a new banking term. But as Australia continues to take big steps towards innovation, the average Aussie might feel left in the dark when it comes to understanding what’s in store for the future of banking. So to keep you in the loop with all the latest […]

By Reposted by Australian FinTech | Banking . FinTech . Investing . Payments . Robo-Advice
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Sep
19

iSignthis acquires Probanx

Australian Securities Exchange and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX : ISX | FRA : TA8), the leading payment and identity technology company, is pleased to announce that it has completed acquisition of 100% of the issued capital of Cyprus based, Probanx Information Systems Ltd. Probanx has been in operation for more than […]

By Australian FinTech | Banking . FinTech . Investing
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Sep
19

ANZ bank launches phone wallet to withdraw cash from ATMs

The days of carrying a plastic bank card could be numbered, with ANZ customers now being offered the option of ditching their wallet for an all-digital profile. The bank’s latest innovation is technology allowing consumers to use a smartphone or watch to withdraw their cash from an ATM. The move means all ATM functions can […]

By Reposted by Australian FinTech | Banking . FinTech . Payments
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Sep
17

Aussie banks dragged into the ‘open source’ era via GitHub

Financial policy making is getting the open source tech treatment, courtesy of Data61. The use of GitHub to manage the development of open banking technical standards represents a significant innovation in Australian policy making. GitHub, which is used by 28 million software developers around the world, was bought by Microsoft in June for $US7.5 billion […]

By Reposted by Australian FinTech | Banking . FinTech
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Sep
13

ACCC wants fintechs to improve data standards

The competition regulator wants fintechs receiving bank data under the government’s data porting regime to face tough penalties if they fail to meet stricter privacy standards that will be introduced to protect customers. Releasing a framework for rules to govern the new “consumer data right” (CDR) – which will begin with bank data and then […]

By Reposted by Australian FinTech | Banking . FinTech
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Sep
11

The power to make corporate banking ‘beautiful’

Small businesses “simply want working capital. They want to know how much, how soon and what it will cost,” says Martin McCann, CEO and Co-Founder of Trade Ledger. As the Australian company establishes itself in Europe, Martin talks with FinTECHTalents about bringing the open banking revolution to corporate banking, overcoming the barriers of Excel spreadsheets […]

By Reposted by Australian FinTech | Banking . FinTech
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