Westpac to build new pure play digital bank
Westpac has revealed it will imminently launch a new pure play digital bank to run ahead of its main brand.
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.
The ‘neo-banks’ that Australians are rushing to join
Two new neo-banks promising to shake up the way we manage our finances have burst into Australia’s otherwise stagnant banking market.
Smartbank 86 400 launches in Australia
Australians are waking up to a smarter way to bank as smartbank 86 400 becomes available nationwide, built so customers can bank directly from their phones.
Xinja Bank receives full banking licence from APRA
Xinja Bank was today granted a full banking licence, and opened bank accounts to early customers: the first transaction accounts from a 100% Aussie neobank
Digital bank 86 400 reveals details of its transaction and savings account
New digital smart bank 86 400, which hopes to be a real competitor to Australia’s Big Four, has revealed the details of its first banking products.
Experian A/NZ acquires Australian fintech Look Who’s Charging to bolster open data offering
Look Who’s Charging is integrated with a number of Australian banks, with their data available to millions of Australians directly within existing digital banking applications.
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?
