Westpac has become the first bank in New Zealand to trial a host card emulation-based mobile NFC payments service.
Westpac New Zealand has formed a partnership with tech giant Samsung that will see the two work together on developing digital banking innovations.
Australia's St George Bank has begun trialling iBeacon technology in branches, pinging information to customers' iPhones when they enter the building.
Telstra has today announced it has been selected to partner with the Westpac Group as part of a five-year agreement to provide Westpac's domestic data network, primary internet access, outbound voice and Pacific Bank telecommunications.
Australia's Commonwealth Bank has beaten local rival WestPac to market with a new mobile app that enables customers to make cardless ATM withdrawals using just their smartphone.
MasterCard today announced the New Zealand launch of its ground-breaking digital payments technology MasterPass, which is available from today.
Westpac New Zealand customers will soon be able to log into their mobile banking app using fingerprint scanning.
Westpac is forecasting almost $3 billion in contactless transactions will be made via mobile by 2015 as the Australian bank begins the roll-out of a new m-payment service on Samsung's Galaxy S4 and S5 smartphones.
Westpac's new venture capital fund has taken a A$5 million stake in Australian peer-to-peer lending platform SocietyOne.
Westpac Institutional Bank (Westpac) has partnered with the founder of Australia's leading intra-school payments system, Scotney Group (Scotney) to launch its cashless payments solution across other segments such as aged care, mining and universities with the potential to take approximately $65 million in cash out of circulation in its first year alone.
© Finextra Research 2014