Technology

New CDR expansion to make mortgages easier
23 December 2021
New CDR expansion to make mortgages easier

The government has confirmed it will expand the Consumer Data Right, which could make it easier for consumers and small businesses to apply for a home loan.

Fintech hires new members to ramp up growth
23 December 2021
Fintech hires new members to ramp up growth

Data aggregation fintech Envestnet | Yodlee has welcomed a number of new appointments to support its expansion in Australia.

‘Disappointing outcome’: ANZ chair explains lagging home loans
20 December 2021
‘Disappointing outcome’: ANZ chair explains lagging home loans

ANZ chair Paul O’Sullivan has pledged to fix the system issues that led to the bank’s stretched turnarounds, as its home loan book continues to dive.

Macquarie launches one click offset accounts
16 December 2021
Macquarie launches one click offset accounts

Home loan customers with the bank will be able to instantly open and link up to 10 offset accounts to their mortgage with one click.

AUSTRAC warns financial companies on disaster payment fraud
13 December 2021
AUSTRAC warns financial companies on disaster payment fraud

Two government bodies have told financial services providers to be aware of the misuse of emergency and disaster payments.

ANZ opens digital offering
9 December 2021
ANZ opens digital offering

With its incoming new digital service expected to launch from early next year, the major bank has launched registrations for interested customers.

PEXA goes live in ACT
9 December 2021
PEXA goes live in ACT

The ACT has become the latest state and territory to introduce online property settlements.

Westpac to nab AMP budgeting app
7 December 2021
Westpac to nab AMP budgeting app

The big four bank has revealed plans to purchase a personal finance management platform from AMP, with plans to integrate the tool into its digital banking app.

Australian financial market falls short in cyber security
7 December 2021
Australian financial market falls short in cyber security

ASIC has called for firms to persevere as data suggests cyber resilience improved roughly one-tenth of the intended target in two years.

Beyond Bank to use open banking platform
3 December 2021
Beyond Bank to use open banking platform

Beyond Bank has partnered with fintech Frollo, to use its open banking data-sharing platform.