Latest News:
- Labor delivers budget underweight in tech focused measures
- Hurdles emerge for Aussie fintechs after period of record investments
- A future without SOAs
- CFS launches new adviser people and culture platform
- AMP launches ‘innovative’ new retirement solution
- Finfluencers are often ‘extravagant, misleading and unlicensed’, says ASIC chair
- Advice practices lack ‘deliberate’ tech stack
- Likely Privacy Act changes to impact advisers
- NAB leads $6m funding round for Australian fintech Thriday
- Can technology finally make goals-based advice a reality?
Data
Open banking will not drive major bank exodus: BankVic
The open banking regime is unlikely to spark customer movement away from the major banks into smaller banks and fintechs, according to a mutual bank.
Write comment (0 Comments)MyState launches digital money management tool
The non-major bank has introduced AI-driven digital banking services that are built into customers’ everyday transaction and savings accounts.
Write comment (0 Comments)Xinja partners with cloud services provider
The neobank has partnered with a cloud services provider to manage its API connectivity when it launches its forthcoming lending platform.
Write comment (0 Comments)Data bias, risks inherent in banking AI
While the majority of banking executives believe AI will separate winning banks from “losers”, new research has shown that there are fundamental risks involved.
COVID heightening bank vulnerability to cyber attack
The “large-scale shift” to digital banking and remote work off the back of the COVID-19 crisis has heightened the banking sector’s exposure to cyber attack, according to Moody’s.
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