Do You Accept Google Cheque? Would You Trust It?
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November 18, 2019
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In just another dice roll during Google’s worldwide game of technology RISK, the Alphabet-owned company is moving into financial services, with a... Read More
Cheaper Tap-And-Go Payments On Way To Save Businesses Millions
Major changes are underway in the processing of tap-and-go payments, according to the ANZ Bank. Following a 2017 threat of industry-wide regulation from... Read More
Citi Oz Plans All-Digital Banks
International financial services giant Citibank is reportedly planning to turn its branches into “advisory centres” for high-net-worth customers, rather than providing a... Read More
Facebook Asks Banks For Your Data
Facebook is reacting to yet another controversy, this time inspired by a Wall Street Journal article that exposed the social media giant... Read More
Productivity inquiry report slam banks, calls for new watchdog
The Productivity Commission has levelled a blast at what it calls Australia’s “oligopolistic banking system” and called on the Turnbull Government to... Read More
1 In 3 In Store Transactions Will Be Contactless Payments By 2020
Fintech analysts Juniper Research estimate that contactless payments will make up $2 trillion in sales by 2020, representing 15% of the total... Read More
Bankwest To Shut 29 Branches, Slash 200 Jobs
Commonwealth Bank subsidiary, Bankwest, has announced its closing 29 branches and slashing 200 jobs, citing increased mobile banking and changing consumer behaviour.... Read More
CBA Albert EFTPOS Outage Continues To Cost Businesses Sales
Several local businesses have continued to lose sales and customers, following an outage of Commonwealth Bank’s Albert EFTPOS terminals. First acknowledged by... Read More
Bankwest Rolls Out New Wearable Payment Rings
As payment methods continue to merge with wearable devices, Bankwest has rolled out its new ‘Halo’ rings, enabling easy tap-and-go payments. Designed... Read More
NAB Branch Gets Apple Look
National Australia Bank is taking a very different approach from rival ANZ, which is currently trialling voice recognition to encourage mobile banking... Read More
