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Australia-based bank and financial services provider Westpac has sold its stake in the buy-now-pay-later firm Zip.
Westpac, Zip, Australia, BNPL, stake, investment, banking
Australia-based Afterpay and Westpac have announced their partnership to offer savings accounts to customers in Australia, through Westpac’s digital banking platform.
Afterpay, Westpac, partnership, savings accounts, digital banking, Australia
Westpac, fraud protection, scam detection technology, real-time alerts, romance scam, email phishing
Westpac has announced the creation of a new group operating office, following money laundering accusations.
Westpac, money laundering, Austrac, banks, fraud prevention, international funds transfers, human error, Australia
COVID-19, coronavirus, Westpac, Apple Pay, MasterCard, debit card, credit card, CBA, NAB, Bendigo, Adelaide Bank, NFC, technology, St. George, BankSA, Bank of Melbourne, Visa
digital bank, Moven, coronavirus, software, Moven Enterprise, TD Bank, Westpac, STC Pay, US
Australia-based Westpac Bank has announced its support for customers and the community in the wake of the coronavirus (COVID-19) pandemic situation.
Westpac, Australia, Westpac Bank, financial aid, COVID-19, coronavirus, online banking, Commonwealth Bank, banking, digital banking
The Australian Competition & Consumer Commission has announced the delay of certain open banking reforms in Australia by six months, according to ICLG.com.
The Australian Competition & Consumer Commission, Open Banking, Consumer Data Right, Open API, Commonwealth Bank, Westpac, ANZ Bank, National Australia Bank, Australia
Westpac has launched its data driven experience platform (DDEP), a Microsoft Azure-based data hub that provides real-time insight to its customers.
Microsoft, Westpac, digital banking, partnership, Open Banking, Consumer Data Right, DDEP, Microsoft Azure, data driven experience platform, Australia
Westpac plans to launch a cloud-based digital banking-as-a-service platform that will allow third parties, such as Westpac’s institutional clients and fintechs, to offer the bank’s products to their customers.
Westpac, banking-as-a-service, digital, APIs, fintech
Australia-based open banking startup Basiq has concluded its Series A funding, securing investment from Salesforce Ventures, NAB Ventures and Westpac’s Reinventure.
Salesforce, NAB, Reinventure, Basiq, Australia, funding round, Westpac, Open Banking, open banking platform, fintech, financial technology, startup
The venture capital funds of Westpac and National Australia Bank have co-invested in Open Banking startup Basiq.
Basiq, Westpac, National Australia Bank, Reinventure Group, The Productivity Commission, data-sharing regime, Open Banking, Australia, online banking, Open API, digital banking
Australia-based bank Westpac has announced partnering with US-based spend management platform Coupa to streamline its clients spending and procurement processes.
Westpac, Coupa, partnership, spend management, e-procurement, B2B payments, cloud paltform, spending, banking, bank, Australia, New Zealand, business spend management, Australian Supplier Payment Code
ANZ Bank, the Commonwealth Bank, and Westpac have joined forces to trial a bank guarantee platform that uses blockchain.
ANZ, CBA, Westpac, IBM, Lygon, Hyperledger Fabric, blockchain, Australia, New Zealand, bank guarantee platform, banking, bank platform, digital bank guarantee
Westpac Group has welcomed the first stage of Open Banking in Australia by launching generic product data as part of the Federal Government’s pilot program.
Westpac, Open Banking, regulation, fintech, innovation, Australia
New Zealand-based ASB Bank and Westpac have developed Zeal, an open banking app, right now undergoing testing prior to public launch.
ASB Bank, Westpac, Zeal, partnership, product launch, product test, Open Banking, P2P payments, online payments, open banking app
90% of New Zealanders are concerned about being scammed or defrauded and one in three say they have been a victim, according to a new survey by Westpac.
Westpac, New Zealand, survey, payment fraud, email fraud, financial crime
Out of a total investment spend of USD 1.4 billion, Westpac has revealed it invested more than USD 800 million in system upgrades and its digital transformation plan.
Westpac, digital, Open Banking, innovation, API, Australia
Westpac has launched the Westpac Mobile Cheque Deposit feature allowing customers in Australia to scan and deposit cheques via their mobile app.
Westpac, Westpac Mobile Cheque Deposit, Australia, mobile app, cheques, ATM, iPhone, Android, mobile banking