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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
KPMG has released a report stating that investment in Australian fintech has reached an all-time high of USD 1.91 billion.
KPMG, study, Australia, fintech, financial technology, New Zealand, investment, cybersecurity, Big Four
The Australian Competition and Consumer Commission has announced launching an inquiry into mortgage pricing.
ACCC, Australia, The Australian Competition and Consumer Commission, Open Banking, mortgage pricing, bank, Big Four, National Australia Bank, NAB, Commonwealth Bank, CommBank, Australia, New Zealand
The Australian Competition and Consumer Commission has proposed that Australia’s big four banks will first to adhere to the new open banking regime.
Australia, Big Four, The Australian Competition and Consumer Commission, ANZ, The Commonwealth Bank of Australia, NAB, Westpac, Open Banking, Consumer Data Right, Treasury Laws Amendment