Westpac - News, Articles & Research

Afterpay closes Money app, ending Westpac partnership

Australian BNPL firm Afterpay is killing off its Money app - and the related partnership with Westpac - as parent Block readies the launch of its Cash App in the country.

26 August 2022

News/retail

Westpac and FIS invest in conversational AI firm Kasisto

Conversational AI chatbot developer Kasisto has raised $15.5 million in a Series C extension led by its client Westpac and fintech giant FIS.

22 August 2022

Company announcement/retail

Westpac launches digital mortgages as part of app revamp

Westpac Group has today announced the next steps in becoming a digital first bank and transforming the products and services offered for customers.

02 August 2022

News/payments

Westpac offers tap-on-phone software to SMEs

Australian bank Westpac is offering small businesses technology that lets them accept contactless payments via Android mobile phones.

29 June 2022

News/payments

Westpac to convert transactional data into business insights for clients

Westpac is collating data from millions of daily credit card transactions to provide key business insights to client firms.

07 June 2022

News/wholesale

Westpac to build new institutional platform with 10x Banking

Westpac has commenced work on a new transactional platform for institutional clients and is looking to UK-based technology provider 10x Banking to provide the core technology.

18 May 2022

Company announcement/people

Westpac to recruit 200 staff for new tech Hub in Queensland

Westpac today announced the opening of a new technology engineering hub on the Gold Coast, which will create up to 200 additional jobs in the state over the next few years.

10 May 2022

Company announcement/regulation

Westpac penalised $113 million after multiple Asic legal actions

The Federal Court has ordered Westpac to pay penalties in the amount of $113 million for widespread compliance failures across multiple businesses, including Westpac’s banking, superannuation, wealth management and insurance brands.

25 April 2022

News/security

Westpac automatically blocks payments to suspected scammers

Westpac has started automatically blocking suspect online transactions from overseas retailers deemed high-risk of being a scam.

12 April 2022

Company announcement/people

Westpac appoints chief transformation officer

Westpac Group today announced the appointment of Yianna Papanikolaou to the newly created position of Chief Transformation Officer.

16 March 2022

News/cloud

Westpac appoints first BaaS chief

Westpac has appointed Damien MacRae as its first BaaS chief executive, overseeing the Australian lender's efforts to deepen its relationship with non-bank partners looking to embed banking services.

03 March 2022

Company announcement/wealth

NRI’s I-STAR/GV provides SaaS to Westpac wealth business

NRI has successfully integrated its I-STAR/GV platform with BT’s Panorama Platform, supporting Panorama’s individual HIN (Holder Identification Number) service offerings. BT is the wealth management arm of the Westpac Banking Corporation in Australia.

28 February 2022