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.
NAB's new chief Andrew Thorburn has acted quickly to turn around the Australian bank's flagging tech transformation project, replacing enterprise services head Lisa Gray with Renee Roberts, former chief risk officer of NAB-owned Bank of New Zealand.
Eagle Investment Systems LLC (Eagle), a leading provider of financial services technology and a subsidiary of BNY Mellon, today announced that National Australia Bank's Asset Servicing business (NAB) has deployed Eagle Performance, which will be used to service its 70+ asset management client's investment performance measurement requirements.
© Finextra Research 2015