ANZ

The time taken to issue a bank guarantees will drop from up to one month down to day after ANZ, Commonwealth Bank of Australia, Westpac, IBM and Scentre Group this week revealed the expansion of a successful blockchain platform, Lygon. Lygon completed a successful pilot last year that, it’s backers

ANZ bank today announced a new online lending platform to provide small businesses with conditional approval for loans up to $200,000 in under half an hour if they share their accounting software data. Developed under a partnership with DemystData, a global data firm that helps enterprises incorporate external data sources,

ANZ bank today announced its chief data officer role will be expanded to include automation in an announcement alongside the bank’s half yearly result which revealed profits are down 51 per cent.  Emma Gray, currently the bank’s CDO, will become ANZ’s Group Executive, Data and Automation, from tomorrow. She will

Australian fintech unicorn Airwallex today announced the close of its US$160 million Series D funding raise, including investment from the venture arms of ANZ bank and CRM giant Salesforce. Airwallex, a Melbourne-based fintech which allows companies to manage cross-border revenue and financing, says the new funds will be used to

ANZ began dismantling hierarchies in 2018 as part of a move to agile, a way of working which favours “stand-up” meetings and “sprints” rather than traditional methods of delivery and management structures.  The practice is popular with tech giants and digital natives but ANZ was reportedly the first Australian bank

IBM has appointed Katrina Troughton as its first female managing director of Australia and New Zealand.  She will be replacing David La Rose who has been promoted to general manager at IBM partner ecosystem based in the US. Troughton has spent 28 years at the company in various local, regional

bank, CommBank, ANZ, Nab

Australians got a taste of a world without digital payments on Thursday afternoon when Telstra network outage took down ATM and Eftpos machines at some of Australia’s biggest retailers. All services have now been restored and the telco has apologised for the impact and inconvenience to business and their customers.

Westfield, shopping, retail, Sydney, Pitt St Mall

Westpac, ANZ and CBA have begun a pilot program to test the digitisation of bank guarantees using IBM’s blockchain technology. The trial, involving shopping centre landlord Scentre Group and its tenants, uses a blockchain platform for bank guarantees instead of the traditional manual paper process. The cohort says the pilot,

With a whimper, Open Banking has arrived in Australia. From today, Australia’s big four banks will begin a pilot program to explore Open Banking’s performance, reliability and security. For consumers, a mature Open Banking environment will make it possible to switch home loan providers with a few swipes of an

Pegasystems has appointed Michael Evans as vice president for Australia and New Zealand. The company said this newly created role reflects its growth and investment in the market. According to Pegasystems its headcount locally has more than doubled in the last four years. Evans will concentrate on people and culture