digital banking

Jul
19

CEO of newly approved bank aims at big four

Robert Bell, CEO of Australia’s newest bank, 86 400, is not interested in creating a “small, niche bank” but wants to create a competitor to the big four.

By Reposted by Australian FinTech | Banking . FinTech
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Jul
18

86 400 granted full banking licence

86 400 is officially Australia’s newest bank, having been granted a full Authorised Deposit-taking Institution (ADI) licence by APRA. 

By Australian FinTech | Banking . FinTech
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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
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Jun
24

ATM use falling, electronic banking, spending rising

ATMs were once the peak of banking technology, but now, they could be going the way of the dodo and the dinosaur.

By Reposted by Australian FinTech | Banking . FinTech
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Jun
24

Inside the war on the big four banks

Neobank start-ups will refrain from tearing each other down to train their guns on the juicy target of the big four banks.

By Reposted by Australian FinTech | Banking . FinTech
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Jun
21

Open banking opens the way for neobanks

With the new open banking policy set to take effect July 1, neobanks could soon become the more popular choice for Aussies over the big four.

By Reposted by Australian FinTech | Banking . FinTech
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Jun
19

A look at emerging trend of Neobanks in Australia

A Neobank is a completely digital bank that is created to work on digital and mobile platforms. Neobanks in Australia include Xinja, Archa, 86 400 & Up.

By Reposted by Australian FinTech | Banking . FinTech
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Jun
13

Is 2019 still the year of the neobank?

For all the activity going on in the market, there’s still no fully independent neobank offering banking services to the public.

By Reposted by Australian FinTech | Banking . FinTech
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