Westpac customers can now have peace of mind if they lose or misplace their debit or credit card during the festive season with the introduction of Westpac's Card on Hold feature on mobile and internet banking.
Westpac has today launched card activation via mobile; making Westpac the first Australian bank to enable customers to activate a new debit or credit card conveniently and securely using their smartphone camera.
At its Strategy Update on 7 September 2015, Westpac announced that it plans to increase its technology investment spend over the next three years.
Westpac has today announced Wonder, revolutionary customer-centric technology that is set to change the way home buyers; home owners, upgraders, investors and renovators view the equity in their property.
With a new survey showing that Australian smartphone users think the nation will go cashless within a few years, Westpac has teamed up with mobile coffee ordering outfit Hey You to give customers $5 off their morning latte through the bank's app.
Westpac is to increase it annual investment spending by 20% to $1.3 billion, concentrating the new money on technology and digital initiatives while shrinking the bank branch.
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.
© Finextra Research 2016