Australia's bid to develop a fintech sector has taken a step forward with the opening of a new incubator in Sydney
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.
We are pleased to announce that Reinventure Group, an Australian-based VC firm focused on fintech, has made a strategic investment in Coinbase.
Westpac is handing over the management and deployment of the bulk of its merchant payment system offering to Verifone.
Westpac has acquired an 11% stake in Canberra-based cybersecurity outfit QuintessenceLabs as it bids to shore up its defences against hi-tech hackers.
Westpac has launched a Live Online Lending Application (Lola) to help small to medium sized enterprises apply for loans and a MyBusiness Assist platform to help businesses plan, manage and finance their firms more easily.
ANZ is to release a cloud-based mobile wallet application later this year as an upgrade to its popular goMoney app in New Zealand.
Westpac will tomorrow launch its third Connect Now hub at Epping in Sydney to further strengthen its commitment to the Australian SME sector.
Australia's Westpac is preparing to pump $40 million over the next two years into a tech-heavy refresh of its rural branches.
Westpac has launched its new online banking platform “Westpac One”, redefining the way customers are able to bank using mobile devices.
© Finextra Research 2015