banks

Oct
21

Facebook, Apple, Alibaba the biggest threat to Big Four banks

When it comes to disrupting Australia’s banking sector, it’s not the fintechs or the neobanks that are keeping our Big Four up at night.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Oct
21

One-stop shop banking model unsustainable: Wisr

Smaller banks outside the big four will have to rethink how they operate with the traditional model of being a hub for all banking and financial services no longer being profitable

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Oct
21

Banks no longer ‘like god’: Are we ready for fintech 2.0?

Next February, Australia’s “consumer data right” will be put into action when banks will be required to share customer information.

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

Here’s how Facebook’s Libra will permanently hit Australian banks’ profits

The man in charge of setting up Facebook’s digital currency, Libra, pretty much confirmed to CNBC that the project has one key service goal for now.

By Reposted by Australian FinTech | Banking . Currency . FinTech
DETAIL
Oct
18

‘I hope we’re disrupted’: ANZ boss welcomes fintech fight

I hope we are disrupted by smaller players — if we’re not disrupted, we won’t change, and if we don’t change, we’ll die – ANZ boss Shayne Elliott

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Oct
17

The changing landscape of Australian banking

Banks are starting to ramp up their preparations for open banking—not just to achieve compliance but also to take advantage of the new market opportunities.

By Australian FinTech | Banking . FinTech
DETAIL
Oct
09

Open Banking could be the boost Australia’s challenger banks need

A new report from Pegasystems suggests Open Banking in particular could be a breakout moment for Australia’s growing cohort of neobanks and fintechs.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Sep
26

Alt funders overtake banks

A new trend has emerged in the SME lending space, with Australian small businesses more likely to use non-bank funders to fund growth.

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