digital banking

May
09

86 400 appoints Morgan Stanley for external capital raising

86 400 has announced it will undertake a capital raising process to support the next phase of its growth beyond launch, appointing Morgan Stanley to assist.

By Australian FinTech | Banking . FinTech . Investing
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May
03

Volt bank to build mortgage platform with IRESS

Digital bank Volt has revealed a new partnership with veteran fintech vendor IRESS to build its customer-facing mortgage system.

By Reposted by Australian FinTech | Banking . FinTech . Mortgage
DETAIL
Apr
29

Xinja: “They’re watching us like hawks”

Xinja: “They’re watching us like hawks”

By Elizabeth Barry | Banking . FinTech
DETAIL
Apr
15

86 400 secures national distribution with Vow Financial, readies home loan offering

86 400, a genuine alternative to Australia’s Big Four banks, has secured national distribution with Vow Financial, one of the largest aggregators in Australia – part of the Yellow Brick Road Group. The partnership will enable 86 400 to deliver home loans via Vow Financial’s network of over 1,200 brokers. This development brings 86 400 [...]
By Australian FinTech | Banking . FinTech . Mortgage
DETAIL
Apr
12

Aussie fintech Volt Bank starts by asking consumers what they want

In January, the Australian Prudential Regulation Authority (APRA) gave fintech startup Volt Bank a licence to operate without restrictions as an authorised deposit-taking institution (ADI). The green light was given to the new player following APRA approval in May 2018 to act in the Australian finance market as a Restricted ADI. The APRA approval gave [...]
By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Apr
07

New technologies key driver of digital banking

Banks around the world are citing new technologies as having the biggest impact on the industry and not customer demands or regulation, according to a new survey. The survey by the Economist Intelligence Unit, conducted for Temenos, has revealed that retail banks believe new technologies are more important than customer demands and regulation for the […]

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Apr
05

Bene working up to be a challenger bank in Australia

Bene is a new lender in Australia that is working towards building a neo-bank. At the moment, Bene says it is not a bank or an authorised deposit-taking institution (ADI), and is not authorised by the Australian Prudential Regulation Authority (APRA) to conduct banking business in Australia. However, the firm intends to apply for authorisation […]

By Reposted by Australian FinTech | Banking . Borrowing . FinTech . Lending
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Mar
29

Archa joins list of new neobanks aiming to transform Aussie banking

Australian banking is changing rapidly and a new wave of digital banks are hitting our shores, with companies like volt, Xinja and 86 400 set to launch this year, but there is another player coming to town soon that may be worth your attention. Archa is a new Melbourne-based neobank that is scheduled to launch […]

By Reposted by Australian FinTech | Banking . FinTech
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