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Posts Tagged ‘Australia’

US fintech Payoneer secures UK e-money license from FCA

By Ellie Duncan | 20 February 2023

The payment platform has plans to expand its footprint in the UK.

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National Australia Bank signs up 500 female employees to AWS cloud program

By Ellie Duncan | 9 February 2023

The ‘She Builds CloudUp’ program is designed to create a “supportive” environment for women seeking a career in tech.

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FinTech Australia, FDATA ANZ write to ACCC about CDR rules ‘breach’ by ING and call for action

By Ellie Duncan | 9 February 2023

In a joint statement, the organisations have raised “serious concerns” about the bank’s decision to transition to a new Consumer Data Right solution, but ING said its update will “ultimately enhance the Open Banking experience”.

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Open Banking in Australia hampered by ‘data reliability’ and implementation issues

By Ellie Duncan | 27 January 2023

Open Finance Advisors’ report on the Australian Open Banking ecosystem found that banks are “slow” to become Accredited Data Recipients.

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Australia’s Westpac partners with AI company RDC

By Ellie Duncan | 19 January 2023

The partnership will enable the bank to integrate AI into business lending processes.

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Airwallex adds American Express to merchant payment acceptance options

By Ellie Duncan | 17 January 2023

The new partnership will give merchants in Hong Kong, Singapore, Australia and the UK more payment choice at checkout.

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Australia’s Finsure gives mortgage brokers Open Banking access powered by Frollo and NextGen

By Ellie Duncan | 16 January 2023

Finsure’s brokers are the first to use the new Trusted Advisor model under the Consumer Data Right in Australia.

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Shawbrook Bank completes a remortgage using PEXA’s digital payment system

By Ellie Duncan | 15 December 2022

The specialist lender has become the first UK bank to do so, following Hinckley & Rugby Building Society in September, with more lenders and conveyancers to transact remortgage cases using PEXA’s platform next year.

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Ex-TrueLayer ANZ CEO Brenton Charnley launches Open Finance Advisors

By Ellie Duncan | 16 November 2022

The new firm will help businesses “get ready” for the Consumer Data Right and develop their Open Banking strategy.

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New Zealand Government says CDR framework will apply to banks first

By Ellie Duncan | 11 November 2022

The banking sector is “a natural starting point” for rolling out consumer data rights, according to the Minister of Commerce and Consumer Affairs.

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