Digital-only Xinja lands full banking licence09/09/2019 Anonymous News
Xinja Bank has cleared APRA’s final hurdle in its year-long journey to a full banking licence, with the prudential regulator granting the digital-only bank approval to operate as an unrestricted deposit-taking institution.
Suncorp looks within to appoint new chief exec09/09/2019 Anonymous News
After a three-month stint as acting chief, Suncorp has announced Steve Johnston will officially take the reins as company’s next group chief executive.
SWIFT API standard promises leg-up to Open Banking innovation06/09/2019 Anonymous News
Global financial cooperative and standards body SWIFT has released a new standard for the pre-authorisation of funds, expected to reduce complexity and support further innovation in Open Banking.
Look East, not West, for lessons on NZ’s Open Banking rollout – Matt Haigh at the Future of Financial Services, Auckland29/08/2019 Anonymous News
New Zealand may have far more to learn from the experiences and regulatory framework of China’s Open Banking regime than the pioneering efforts of the UK, where open data standards “were originally set”, according to Westpac NZ’s Director of Open Banking, Matthew Haigh.
ASX & VMware to deliver blockchain-backed CHESS replacement28/08/2019 Anonymous News
The Australian Securities Exchange (ASX) has confirmed a partnership deal with VMware and business app developer Digital Asset to expand the ASX's blockchain capabilities, beginning with a promised overhaul of its longstanding core equities settlement system, CHESS.
Aus finance sector among top contributors to data breach incidents: OAIC28/08/2019 Anonymous News
Mishandling of personal data by staff and customers remains the number one cause of cyber breach incidents within Australia, with the latest figures from the Notifiable Data Breaches (NDB) scheme report revealing the rate of data loss incidents has worsened over the six months to June.
MetLife appoints new head of CX22/08/2019 Anonymous News
MetLife Australia has announced the appointment of a new head of customer experience, with CX veteran Lina Saliba to take on the role.
Deloitte unveils ‘Blockchain in a box’ demo platform21/08/2019 Anonymous News
Deloitte has offered its clients a virtual gaze into blockchain in action, announcing the development of its self-dubbed "Blockchain in a Box" (BIAB), which provides tangible demonstrations and experimentations for blockchain-based systems.
‘Tone deaf’ and 20 years of stagnation in digital banking – Steve Jurkovich speaks at the Future of Financial Services, Auckland14/08/2019 Patrick Buncsi News
Kiwibank chief Steve Jurkovich has offered a frank assessment of financial service’s laggard approach to digital innovation, expressing dismay at the lack of progress made in advancing the internet banking experience over the last two decades, with FSI’s online offerings trailing far behind digital service pioneers of bigtech.
Xinja appoints new CTO13/08/2019 Anonymous News
Digital-only neobank Xinja has announced the appointment of John Pountain as its first chief technology officer.
Bankwest launches e-signing service for loan applications13/08/2019 Anonymous News
CBA-owned Bankwest has unveiled the latest in its digital toolkit for customers, announcing the launch of a new e-signature facility for home loan applicants.
Payment fraud plateaus in Australia despite soaring card use12/08/2019 Nanda Lakhwani News
Rates of domestic payment card fraud decreased for the first time in Australia, while growth of card-not-present (CNP) fraud fell drastically over the 2018 calendar year, according to the latest figures from the Australian Payments Network (AusPayNet).
ASB backs kiwi blockchain start-up12/08/2019 Anonymous News
TradeWindow, an Auckland-based tech developer, has announced it will receive financial backing from ASB to fast-track the development of its blockchain trading platform.
CBA unveils fourth generation mobile app31/07/2019 Anonymous News
The Commonwealth Bank has released the latest major update to its industry-leading mobile banking app, touted by the bank's retail banking services chief Angus Sullivan as the “most individually tailored and sophisticated adaptation of digital banking in Australia".