Articles with tag like: Westpac

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Westpac sells its stakes in Zip

News | Payments General | 28 Oct 2020

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

Afterpay, Westpac to offer savings accounts

News | Online & Mobile Banking | 20 Oct 2020

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 to implement new fraud protection measures within its branch network

News | Digital Identity, Security & Online Fraud | 10 Aug 2020

Westpac has announced plans to implement new fraud protection measures within its branch network after flagging a spike in scamming activity.

Westpac, fraud protection, scam detection technology, real-time alerts, romance scam, email phishing

Westpac to form new group operating office, following money laundering accusations

News | Digital Identity, Security & Online Fraud | 28 Jul 2020

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

Apple Pay to be accessible for Westpac customers

News | Online & Mobile Banking | 28 Apr 2020

Australia-based bank Westpac has announced making Apple Pay accessible for customers who have an eligible Mastercard debit or credit card, or Eftpos Handycard.

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

Moven announces to shut down its operations

News | Online Payments | 30 Mar 2020

Moven, an US-based digital bank, has announced it is shutting down its operations, informing its clients that their bank accounts will be closed by April 30, 2020.

digital bank, Moven, coronavirus, software, Moven Enterprise, TD Bank, Westpac, STC Pay, US

Westpac Bank offers support amid COVID-19 for online banking

News | Online & Mobile Banking | 23 Mar 2020

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

Australian open banking undergoes six-month postponement

News | Payments General | 09 Jan 2020

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 and Microsoft team up to boost digital banking

News | Online & Mobile Banking | 19 Nov 2019

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 prepares to launch banking-as-a-service platform

News | Payments General | 04 Nov 2019

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

Salesforce, NAB and Reinventure back Open Banking Platform Basiq

News | Payments General | 09 Oct 2019

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

Open banking startup Basiq lands funding from Westpac and NAB

News | Online & Mobile Banking | 01 Oct 2019

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

Westpac partners with Coupa to boost e-procurement

News | E-invoicing, SCF & E-procurement | 20 Aug 2019

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, CBA, Westpac partner IBM for Lygon blockchain bank guarantee pilot

News | Payments General | 04 Jul 2019

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 embraces the start of Open Banking

News | Payments General | 01 Jul 2019

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

Kiwi banks ASB, Westpac launch open banking-powered Zeal P2P payments app

News | Payments General | 03 Jun 2019

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

Email and phone calls scams to cost up to USD 0.5 bln per year – Westpac report

News | Digital Identity, Security & Online Fraud | 12 Nov 2018

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

Westpac invests USD 800 mln in digital revamp

News | Payments General | 08 Nov 2018

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 allows customers to deposit cheques via mobile phones

News | Online & Mobile Banking | 08 Oct 2018

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

Westpac adds Siri to its mobile banking app for iPhone

News | Online & Mobile Banking | 25 Sep 2018

Westpac has announced the addition of Siri for Westpac, which is an extension of its mobile banking app for iPhone`s.

Westpac, Siri, mobile banking, app, iOS, iPhone, online banking, Australia