westpac

Open banking regime enters next phase as tier two lenders join

Open banking regime enters next phase as tier two lenders join

But many are exempt, delaying data sharing to 2022.
Justin Hendry Jul 1 2021 6:30AM Financial Services
Westpac doubles its use of software 'robots' in a year

Westpac doubles its use of software 'robots' in a year

Pandemic spurs need for automated assistance.
Kate Weber Jun 29 2021 1:04PM Digital Nation
Major banks' online services, airline systems go down

Major banks' online services, airline systems go down

Akamai Prolexic issue believed to be the cause.
Ry Crozier Jun 17 2021 3:47PM Financial Services
Aussie banks act as customers lose $400k to 'Hope Business' app scam

Aussie banks act as customers lose $400k to 'Hope Business' app scam

Consumers targeted by fake 'wealth creation' app.
Kate Weber Jun 9 2021 6:38AM Financial Services
AAMI welcomes virtual human Ava to the team

AAMI welcomes virtual human Ava to the team

Trial with subset of motor insurance customers.
Kate Weber Jun 1 2021 6:26AM Strategy
ANZ's tech implementation leads to cost reductions

ANZ's tech implementation leads to cost reductions

Without dampening its digital progress.
Kate Weber May 5 2021 4:36PM Financial Services
Westpac announces digitally-driven 'reset' plan

Westpac announces digitally-driven 'reset' plan

As it looks to reduce its cost base by $8 billion by 2024.
Kate Weber May 3 2021 3:44PM Financial Services
Westpac outs NPP as enabler for abusive payment messages

Westpac outs NPP as enabler for abusive payment messages

NPPA says it can't see content of transaction descriptions.
Kate Weber Apr 30 2021 7:05AM Financial Services
Westpac allows real-time gambling blocks for consumers

Westpac allows real-time gambling blocks for consumers

Can block cards through banking apps, not just by calling the bank.
Kate Weber Apr 28 2021 12:15PM Financial Services
Westpac significantly raises its software capitalisation threshold

Westpac significantly raises its software capitalisation threshold

Also makes another write-down to existing capitalised value.
Ry Crozier Apr 26 2021 8:41AM Financial Services
Piper Alderman executes blockchain-based legal contract in Aussie first

Piper Alderman executes blockchain-based legal contract in Aussie first

Using Lygon's Big Four-backed DLT platform.
Kate Weber Apr 23 2021 5:37PM Financial Services
Afterpay working on 'skeleton' Afterpay Money app

Afterpay working on 'skeleton' Afterpay Money app

Ahead of scheduled launch.
Kate Weber Apr 20 2021 12:19PM Financial Services
SocietyOne appoints former ME Bank CEO to board

SocietyOne appoints former ME Bank CEO to board

Former senior vice president at American Express also joins.
Kate Weber Apr 13 2021 1:13PM Financial Services
Westpac agrees path to fix transaction monitoring issues

Westpac agrees path to fix transaction monitoring issues

After regulatory concerns over slow progress.
Kate Weber Apr 8 2021 6:43AM Financial Services
Westpac to offer smartphone-based identity verification group-wide

Westpac to offer smartphone-based identity verification group-wide

Following a successful trial with its St.George Bank brand.
Ry Crozier Apr 6 2021 6:55AM Financial Services
Westpac adds onboarding to its banking-as-a-service platform

Westpac adds onboarding to its banking-as-a-service platform

Opts for Australian platform created by one-time neobank hopeful.
Kate Weber Mar 30 2021 10:58PM Financial Services
Westpac scales up support platform for frontline bankers

Westpac scales up support platform for frontline bankers

Built with unused capabilities in existing tools, drives 'seven-figure' savings.
Ry Crozier Mar 24 2021 12:59PM Financial Services
CBA to become first major bank to launch its own BNPL service

CBA to become first major bank to launch its own BNPL service

Will "complement" existing partnership with Klarna.
Kate Weber Mar 17 2021 11:59PM Financial Services
Westpac signs SocietyOne up to digital banking-as-a-service

Westpac signs SocietyOne up to digital banking-as-a-service

Following earlier deal with Afterpay.
Kate Weber Feb 23 2021 12:33PM Financial Services
Westpac reveals architecture underpinning new mobile banking apps

Westpac reveals architecture underpinning new mobile banking apps

Phased iOS app rollout to conclude 'by the end of March'.
Kate Weber Feb 12 2021 6:55AM Software

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