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US-based fintech company PayNearMe has announced the integration of Cash App Pay into its suite of services in order to improve customer payment experience.
partnership, mobile payments, online payments, digital payments, payments , payment methods
Australia-based lender ANZ has agreed to a USD 3.3 billion deal to acquire insurer Suncorp’s banking arm in a bid to boost the size of its mortgage book.
acquisition, central bank, banks
The Australian Competition and Consumer Commission (ACCC) has rolled out a free tool to help organisations prepare for Australia’s Consumer Data Right legislation, according to CMO.
CDR, Open Banking, regulatory sandbox
The Australian Competition and Consumer Commission (ACCC) has issued an infringement notice to the Bank of Queensland (BOQ) – believed to be around USD 132,000 – for allegedly failing to meet its Open Banking compliance obligations, according to Mortgage Business.
Open Banking, regulation
The Australian Competition and Consumer Commission (ACCC) has announced it is actively watching lenders behind on Open Banking schedule.
Open Banking, compliance, Open Finance, data sharing
digital banking, bank account
Australia-based Bank of Queensland (BoQ) has announced it will buy ME Bank, a digital lender owned by 26 industry pension funds, for AUD 1.33 billion.
Bank of Queensland, ME Bank, digital lender, equity raise, Big Four, banking, boq, Australia
National Australia Bank said on 18 November 2020 it had temporarily closed all its branches and attached offices due to a physical security threat but did not give further details.
National Australia Bank, banks, threat, lender, banking safety
QLD AI Labs has launched in partnership with Heritage Bank a four-week problem solving challenge across regional Queensland, Australia.
QLD AI Labs, AI, Hackathon, Australia, banking, fintech, Heritage Bank
Octet’s technology-driven finance offering has secured a long-term partnership agreement toprovide B2B supply chain finance products to the Bank of Queensland.
Bank of Queensland, Octet, supply chain financing, B2B, finance
Australian customers will not get access to real time payments services until 2020 after AMP Bank and HSBC Australia confirmed further delays to their NPP programmes.
NPP, real time payments, Australia, AMP Bank, HSBC Australia
Allied Irish Banks (AIB) has deployed Nuance Communications` voice biometrics to its Contact Center.
Allied Irish Banks, Nuance, voice biometrics, authentication, banking
Commonwealth Bank of Australia (Commonwealth Bank) has issued a cryptobond for Queensland Treasury Corporation using its capital markets blockchain platform.
Commonwealth Bank of Australia, Commonwealth Bank, Queensland Treasury Corporation, blockchain, cryptocurrency