banks

Aug
19

Meet the ‘neobanks’ trying to shatter the big four banking oligopoly

While major banks face plenty of challenges, do these neobank start-ups really stand a chance against the might of the big four?

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Aug
19

Could banks adopting Buy Now Pay Later mean the end of credit cards?

As Buy Now Pay Later becomes more popular, young Aussies are bidding farewell to credit cards and some of the big financial players are taking notice.

By Reposted by Australian FinTech | Banking . FinTech . Payments
DETAIL
Aug
19

Data Action set to power Greater Bank’s future focus

Data Action has announced that it has signed a major strategic partnership with one of the largest mutual banks in the country, Greater Bank.

By Australian FinTech | Banking . FinTech
DETAIL
Aug
19

Australians haven’t fully embraced digital-only banks, but open banking could change that: Forrester

Across APAC consumers increasingly prefer digital channels for financial services, helping digital-only banks overcome incumbents’ traditional trust.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Aug
13

Afterpay CEO dismisses threat from CBA’s big investment

Afterpay CEO Anthony Eisen has hit back at CBA’s entry into the buy now pay later sector, declaring Swedish rival Klarna was more like a traditional lender.

By Reposted by Australian FinTech | Banking . Borrowing . FinTech . Lending . Payments
DETAIL
Aug
13

China’s central bank says it’s close to releasing its own digital currency

China’s central bank is nearly ready to issue its own sovereign digital currency, according to a senior official at the People’s Bank of China.

By Reposted by Australian FinTech | Banking . Blockchain . Currency . FinTech
DETAIL
Aug
12

Is iSignthis the next big neobank to challenge the Big Four banks?

iSignthis now boasts a market cap of over $1 billion and is looking like a real neobank challenger to the CBA and the other Big Four banks.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Aug
09

RBA changes ESA Policy: will fintechs or tech giants benefit?

The ESA changes, whilst paving the way for fintechs to compete on a more even playing field, do not stipulate any restrictions on multinational tech giants

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