banking

May
22

Banks will need to change the way they assess risk: Volt CEO

Volt’s CEO noted that major banks make decisions that are “data-based” and that mainstream lenders will need to learn new skills in order to assess risk.

By Reposted by Australian FinTech | Banking . FinTech
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May
21

New payments platform turns up heat on credit cards

The New Payments Platform will reduce demand for credit cards that many customers link up to apps such as Uber or Netflix to make automated payments.

By Reposted by Australian FinTech | Banking . FinTech . Payments
DETAIL
May
20

Neobank delays loan rollout due to COVID-19

Due to the COVID-19 pandemic, Volt Bank is delaying the launch of its loan products to ensure its foray into lending is done “in a very prudent way”.

By Reposted by Australian FinTech | Banking . FinTech . Lending
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May
19

Australian FinTech company profile #87 – Finspo

Finspo helps average Australians save thousands on their banking.

By Australian FinTech | Banking . FinTech
DETAIL
May
19

Report: 63% of APAC customers willing to switch to neobanks

The era of digital banking is well underway in the APAC region and is set to accelerate in the next five years with 63% of customers willing to switch.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
May
18

ING welcomes digital signatures

ING has announced that digital signatures acquired through legitimate e-signature platforms will now be accepted on all home loan applications.

By Reposted by Australian FinTech | Banking . Borrowing . FinTech . Lending . Mortgage
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May
18

Non-bank lender issues $1.25bn RMBS

Non-bank lender La Trobe Financial has “effectively reopened” Australian debt capital markets with a $1.25bn RMBS raising.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
May
14

Revolut finally secures Aussie licence

An ASIC spokesman confirmed that Revolut had been granted a licence to market non-cash payment products to retail and wholesale clients.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL