Neo or not, all banks rely on debt: Why fintech Douugh wants to disrupt the system, not just challenge it
Douugh is largely focused on exporting its technology, and going public could give it the cash injection it needs to grow as fast as possible.
Xinja Bank CTO says tech, data and ethics can deliver better banking for consumers
Xinja Bank, an independent Australian neobank built from the ground up for mobile, has appointed John Pountain Chief Technology Officer.
AI bringing brains to your banking as digital revolution gathers speed
Australia’s new breed of digital banks are introducing artificial intelligence to stop the inertia that costs consumers millions of dollars annually.
FIS powers payment services for Australia’s all-digital Volt Bank
New digital bank Volt Bank has chosen technology and services from FIS (NYSE: FIS) to power its mobile and card payment services.
How digital bank Up built for speed and scale
A legacy-free, mobile-first platform, building for scale, and a focus on openness helped digital bank Up reach its first hundred thousand customers.
New retail bank 86 400 rattles tin for fresh equity
Investment bank Morgan Stanley has kicked off a $100 million-plus private funding round for the country’s newest bank 86 400.
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.
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.
