The Commonwealth Bank of Australia is readying for an all-out push to reclaim its once crushing technological lead over its peers from…
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As per the news article recently posted, the Fintech100 report is available in pdf format and can be downloaded from https://h2.vc/f100/
Forget the buzzword “banking-as-a-service”. And forget all the other agile-cum-fintech claptrap that’s now de rigueur window dressing for any major institution’s results presentation to placate customers and investors supposedly ravenous for transformation. On Monday Westpac bought itself, for wont of a better description, a ground floor stake in an emerging platform that will finally allow it to crawl out of a swamp of chronic dependency on decades-old monolithic core platforms that have long impeded modernisation.
The Chairman of the Australian Government’s Data Standards Body is seeking Expressions of Interest for
membership to a new advisory committee for the energy sector. The new Energy Advisory Committee will
engage in the next phase of Consumer Data Right (CDR) work to improve the consumers’ ability to compare and
switch between products and services.
The banking industry of 2030 will look very different from what it looks like today – some of what we will see will be evolutionary and some will be radically different. Whilst predictions into the future are always fraught with uncertainty, we are confident that the landscape will be far more competitive, efficient and innovative in delivering consumers ‘autonomous experiences’ that are not possible today.