An initiative to create a set of global standards for the use of distributed ledger technology in financial markets has picked up momentum, with another 13 major banks - including BofA, Deutsche Bank and HSBC - throwing their weight behind the plan.
National Australia Bank (NAB) is rolling out a digital advice platform that promises to give customers personalised, tailored financial advice through its online portal.
National Australia Bank is to establish a $50 million venture fund to invest in startups with fresh ideas in mobile banking, payments and data and analytics.
Applied Predictive Technologies (APT) announced today that National Australia Bank (NAB), Australia's largest business bank by market share, has licensed APT's Test & Learn software to test key initiatives within the business banking, wealth management, and personal banking divisions.
National Australia Bank is opening up its API to developers inside and outside the bank for a one-day cloud computing hackathon, dubbed iDay, this coming weekend.
NAB has partnered with Melbourne-based technology start-up Bugwolf in a new way of testing out projects in the development phase, while deepening its ties to the local start-up scene.
NAB has decommissioned 37 legacy servers that supported its old credit risk engine, following the successful roll-out of a new analytics layer as part of the Australian bank’s NextGen programme.
National Australia Bank has passed an important milestone in its tech transformation agenda with the roll out of a new customer relationship management system for its 4500 business bankers.
National Australia Bank is to write down $297 million in software expenses as the promised benefits of some deployments failed to materialise amid rising costs.
Australian banks, retailers and payments specialists have signed on to a new co-ordination body that aims to step up the pace of innovation in the country's payments industry.
© Finextra Research 2015