Technology

Fintech lender Tic:Toc has secured $25 billion of additional funding for the next seven years, after extending a partnership with Bendigo and Adelaide Bank.

The BNPL service provider is going to enter the banking space with the launch of savings accounts and its Money app in October 2021.

The fintech has teamed with customer-owned banking group Police & Nurses.

A Westpac New Zealand subsidiary has entered a joint venture agreement with buy now, pay later provider humm group.

The chief information officer for retail and commercial at ANZ will leave the bank, for an executive role at Link Group.

The big four banks have explained why they may choose to debank businesses, while Westpac has confessed to cutting off banking services to around eight fintechs.

Ex-Westpac boss Brian Hartzer has become chair at buy now, pay later vendor Beforepay.

Volt Bank has acquired fintech mortgage manager Australian Mortgage – formerly known as Australian Mortgage Marketplace – as it looks to roll out its digital mortgage offering.

Non-bank Bluestone has gone live with its new platform, all set to transition its customers across.

Executives from non-major banks have asked the government to level the competitive playing field, calling for eased regulatory measures.