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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”.
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.
May
07
Neobank enhances mortgage offering
Australia’s first ‘smartbank’ 86 400 has announced a range of enhances to its digital mortgage products distributed exclusively through brokers.
Apr
24
Awareness growing for neobanks
Consumer awareness of neobanks in Australia is growing with a number of these challenger banks leading in terms of brand recognition.
Apr
24
Neobank 86 400 warns RBA scheme driving big four’s cheap fixed rates
Major banks have led a sharp drop in fixed rates, which mortgage brokers last week said had contributed to the big four gaining market share.
Apr
20
Banks are winning the digital war but for how long
Research from the RFi Group Global Digital Banking Report reveals that consumer trust in digital-only banks is only slightly lower than traditional banks.
Apr
20
APRA closes the door on new banks
The Australian Prudential Regulation Authority (APRA) has suspended the issuance of any new banking licences for “at least six months”.
Apr
08
Neobank joins Buyers Choice lender panel
Australian neobank 86 400 has signed an agreement with brokerage and sub-aggregator Buyers Choice to join its lender panel.