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NAB revamps executive team
In line with its new organisational structure, National Australia Bank has revamped its executive team.
The former...
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Best interest duty set to increase documentation for industry
A bigger focus on documenting client interactions will be key for mortgage brokers once the Best Interest Duty rolls comes into...
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Open banking could lead to five new neobanks by 2023
There is a real opportunity for banks to seize the extended time to prepare for open banking as competition in the banking space...
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Alipay moves on untapped potential
Mobile payment giant Alipay announced it has entered a three-year strategy to further develop its capabilities to 40 million...
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Closer collaboration with IT top focus for COOs
Chief operating officers are prioritising transformation and adaption as financial institutions move forwards efforts to stay ahead...
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Effective data management still not tackled
As financial services and banks continue to amass consumer data the questions remain surrounding who truly ‘owns’ information...
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AB+F Magazine - March 2020
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Xinja pauses inflows into savings account amid rate cut
Xinja Bank has hit the “pause button” on inflows into its savings account as it seeks “to manage costs” following the Reserve Bank’...
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Renewed life in Australia's venture capital markets
Australia is shaping up to be the desired destination for venture capital investments as cloud technology and big data are...
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Partnership still key for fintechs and banks
Major banks and fintechs offer the chance to assist each other through the changing environment post Royal Commission. ...
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Mortgage innovation needed for FHBs
The mortgage lending space must create innovation for the millennial market as this demographic becomes the dominant buyers in the...
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Broker market set for growth
The broker industry can expect further growth as brokers move with the market to stay relevant while consumers see the benefit of...
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