Australian Financial Group (AFG) aims to revolutionize user experience (UX) in the mortgage broking sector by bringing together the complex world of broking information into a single app-based platform, injecting…
Virgin Money has announced it is launching a digital bank in Australia. Swiss financial software firm Temenos was approached to deliver the core banking platform for the new bank, while…
Commonwealth Bank (CBA), one of Australia’s largest banks, is looking to tap into the emerging financial technology (FinTech) market across the country through the launch of FinTech startup incubator X15…
As part of its Covid-19 response strategy, National Australia Bank (NAB) has cut funding to its “change bank” portfolio, a decision that has seen around 100 projects die or be…
Tradeplus24 has hired corporate finance consultants from BDO to help the company secure $5 million in growth funding. Founded in 2016 in Switzerland, Tradeplus24 is a lender for small and…
Australia’s major banks have seen profits fall by more than 40% in the first half of this year compared to the same period last year. This follows from an analysis…
Amidst a disruptive environment, innovations in financial services are developing rapidly to meet changing customer expectations, improve internal operations or comply with regulations. Venturetec experts outline seven technology-driven innovation trends…
Hay – a cloud financial services company based in Sydney – has successfully developed a robust transaction infrastructure that enables fast and seamless customer service. Nestled in the FinTech cloud…
The Australian consumer bank has agreed to partner with Indian IT giant Tata Consultancy Services to build and operate its soon-to-be-launched Banking as a Service (BaaS) platform. Founded in 2017,…
Consulting giant Accenture is reportedly working with NAB on a “mammoth” project to address long-standing compliance issues that have recently led to increased regulatory scrutiny. According to a report by…
