Digital Banks

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
DETAIL
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
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
DETAIL
Mar
28

Future of banking is personal and personalised

The future of banking will involve delivering a “goodie bag” of solutions tailored to Millennial customers. Steve Weston, chief executive of “neobank” Volt Bank, said banks traditionally helped customers by dealing with them face to face but provided no additional help on a day-to-day basis. “From the moment you walked outside of the door of […]

By Reposted by Australian FinTech | Banking . FinTech
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Mar
21

Interview: Anthony Thomson, 86 400 – roaming numerals

In an exclusive interview, Anthony Thomson, chairman of Australian challenger bank 86 400, tells FinTech Futures about what makes it different from its rivals, and why the big four Down Under got what they deserved. Most people don’t want to be the same as others and strive to be different and stand out. For challenger […]

By Reposted by Australian FinTech | Banking . FinTech
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