ANZ has released ‘Wallets@ATM’, a feature allowing customers to withdraw cash from the bank’s ATM using their mobile device rather than their plastic card.
NAB has allocated a further $50 million in funding over the next two years to its venture capital fund NAB Ventures, bringing the total allocated to the fund until 2020 to $100 million.
VC firm Reinventure Group has closed its third $50 million fund, with Westpac once more backing the firm as it looks to expand its focus to Asia-Pacific.
Westpac has partnered with Melbourne fintech company Assembly Payments to launch Presto, a payments solution for small businesses, to its business customers.
With a day to go until its offer closes, digital-only bank Xinja has raised $2 million through equity crowdfunding platform Equitise.
Three years in the making, Judo Capital is launching into the market today with a focus on building real relationships with its SME customers.
The idea for it digital-only startup bank Pelikin came from founder Sam Brown’s experiences with personal banking in while Australia and overseas.
Open banking will “revolutionise” Australia’s financial services sector by giving consumers the right to share their data to get themselves a better deal, Treasurer Scott Morrison said.
Fintech company Uno Home Loans has announced the raising of $25 million in funding from strategic backer Westpac, and kicked off the search for a new CEO.
Fintech startup Douugh has closed a $2.5 million seed funding round and landed a partnership with US bank, Choice Financial.
National Australia Bank (NAB) has today announced it is set to hire 600 tech specialists across the areas of software engineering, data, architecture, and security.
ANZ has announced the appointment of Ron Spector as its managing director of New Business, Emerging Technology and Ventures.
Westpac is set to launch PayWear, its own wearable offering allowing customers to make tap and go payments on contactless-enabled terminals.
Pivotus Ventures has announced a partnership with CUA which will see CUA customers given access to Pivotus’ new banking platform.
Today we explore innovation within the Australian banking and financial services industry as Gina sits down with Cathy Kovacs from the Westpac Group.