banking

Jul
03

Fintechs say bank claims are bulldust

Australian fintech companies are calling bulldust on bank claims that responsible lending proposals will be hard to implement, costly and inaccurate.

By Reposted by Australian FinTech | Banking . Borrowing . FinTech . Lending . Mortgage
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Jul
02

The spectre of cryptocurrency is spurring banks into action

Goldman Sachs is weighing the idea of launching a cryptocurrency of its own, CEO David Solomon said late last week.

By Reposted by Australian FinTech | Banking . Bitcoin . Currency . FinTech . Investing
DETAIL
Jul
02

Central banks should issue digital currencies of their own

Because digital money is naturally cross-border, it opens the way to new forms of currency competition, from Libra among others.

By Reposted by Australian FinTech | Banking . Currency . FinTech
DETAIL
Jul
01

Why Australia can be an open banking leader

The concept of open banking is hardly new because some fintechs have been using account aggregation in their business models for more than a decade.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Jul
01

World’s central banks to create innovation hub

Central banks will aim to work together more closely through an innovation hub approved on Sunday by the Bank for International Settlements.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Jun
29

Challenger banks hit back at ‘delusional’ claim from fintech investors

A bold rejection of the business model of emerging digital-only banks was made by seasoned fintech investor Rajeev Gupta, partner at Alium Capital.

By Reposted by Australian FinTech | Banking . FinTech . Investing
DETAIL
Jun
29

‘Open banking’ era dawns in Australia

Open banking is a seismic shift in retail banking driven by regulatory changes, changing consumer preferences, and technology-enabled innovation.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Jun
28

Fintech start-ups are now more ready to work with banks, says ANZ COO

There are now more “adequately mature” financial technology start-ups that can help banks with corporate clients, according to an executive from ANZ Bank.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL