Australia’s neobank movement has carved out a niche by targeting incumbents with braggadocio and, more recently, higher savings interest rates – but…
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News
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…
- Industry News
ARN: APIs are becoming a major target for credential stuffing attacks
by Site Adminby Site AdminNew data from security and content delivery company Akamai shows that one in every five attempts to gain unauthorised access to user…
- International Initiatives
iTWire: Open Banking promises innovation & competition, says Emerging Payments Association Asia
by Site Adminby Site AdminOpen 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…
- International Initiatives
Revolut uses ‘open banking’ to let you aggregate other bank account data within its app
by Site Adminby Site AdminRevolut, 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…
- Industry News
The Australian: Big lenders in box seat for open banking era
by Site Adminby Site AdminThe shift in Australia and other markets to an open banking regime will create opportunities for incumbent banks who can draw on…
- Big 4 News
IT News: CBA’s Comyn wants screen scrapers scrubbed from Consumer Data Right
by Site Adminby Site AdminThe chief executive of the Commonwealth Bank of Australia, Matt Comyn, has publicly hit back against calls by sections of the fintech…