Volt gets full banking licence
The Australian Prudential Regulation Authority (APRA) has today granted ‘challenger bank’ Volt a licence to operate as an authorised deposit-taking institution (ADI).
View ArticleRegtech ready to tackle Hayne's bigger BEAR, says RTA
The Regtech Association (RTA) has welcomed the recommendations in the final report from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, saying the...
View ArticleReo Group hunts CIO, Deloitte eyes digital tech lead
Recruitment and consultancy firm, Reo Group is on the hunt for a CIO while Deloitte Digital is eyeing a technology lead.
View ArticleTEG appoints new CTO as part of restructure
TEG has appointed product innovation and tech leader Greg Willis to the CTO role as part of a management restructure of the company’s ticketing and technology operations.
View ArticleWestpac CIO Wood makes move to Allianz
Allianz Australia has appointed Mike Wood as its new chief information officer.
View ArticleBank of Sydney hunts for CTO
The Bank of Sydney is on the hunt for a chief technology officer. The new CTO will be reporting to the bank’s CFO and will be responsible for leading and driving tech strategy.
View ArticleBusiness units dominate IT spending: study
Business units are now the major drivers behind technology spend in Australia and New Zealand, causing business-wide integration challenges at unprecedented levels, an IBRS study has found.
View ArticleCBA sees 400% increase in mobile payments since introducing Apple Pay
Commonwealth Bank of Australia (CBA) has seen a 400 per cent increase in the number of payments made with a mobile since it introduced Apple Pay in January, the bank revealed today.
View ArticleWestpac rolling out Red chatbot to all customers
Westpac is making its new chatbot available to all customers tonight, following a successful roll out to 2.8 million people in March.
View ArticleSuncorp Group CEO steps down, credited for digital transformation
The CEO and managing director of Suncorp Group is leaving the company after four years in the role, the firm announced this morning.
View ArticleWorld Bank and CBA enable secondary market bond trading on the blockchain
The World Bank’s International Bank for Reconstruction and Development has enabled secondary market trading of bonds created and managed using only blockchain, in partnership with Commonwealth Bank of...
View ArticleHow Telstra, Bank of New Zealand and iCare convince customers to share data
Just because organisations have sought the legally required consent to use data doesn’t make them immune to a backlash from customers.
View ArticleOnePath continues to invest in and improve AI underwriting engine
One of Australia’s largest life insurers OnePath is continuing to invest in its inhouse AI underwriting engine, making more than 70 enhancements since its official launch in November.
View ArticlePhysical cash over apps preferred when splitting bills for booze or food
Despite the availability of real-time payments between banks and a proliferation of bill splitting apps, when it comes to divvying up the money for a group meal or round of drinks, Aussies still prefer...
View ArticleWhat is driving IT spending in finance across Australia?
Investments in modern business intelligence (BI), augmented analytics and robotic process automation (RPA) will help drive IT spending in the banking and securities sector, according to Gartner.
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