News

Some of Australia’s largest banks removed cyber security talent from their respective consumer data right projects in anticipation of heightened cyber security threats during the coronavirus pandemic, the country’s competition regulator has revealed.

Mobile banking and financial services app Moneytree has closed a Series C funding round with an issuance of new shares through third-party allotment including funds of Fidelity International, to bring total funding to $45 million since the company’s founding in 2012.

Australia’s neobank movement has carved out a niche by targeting incumbents with braggadocio and, more recently, higher savings interest rates – but…

ANZ has called on government to lower regulations preventing start-up companies from access “sensitive” consumer data, which the lender argues is holding…

A fintech has launched in Sydney after receiving an Australian Financial Services Licence (AFSL) while its application for a Restricted ADI banking…

New data from security and content delivery company Akamai shows that one in every five attempts to gain unauthorised access to user…

Open banking promises innovation and competition, more seamless and frictionless user experiences, according to newly published research by the Emerging Payments Association Asia…

Momentum is finally building for the July 1 introduction of transformative Consumer Data Right (CDR) legislation after the Australian Competition and Consumer…

Revolut, the European banking and money transfer app that now claims over 10 million customers, has partnered with open banking API provider TrueLayer to…

The Commonwealth Bank of Australia is readying for an all-out push to reclaim its once crushing technological lead over its peers from…