agri tech agriculture technology farming grains

VC firm Artesian Venture Partners and the Grains Research and Development Corporation (GRDC) have eached chipped in $25 million to create a new $50 million venture capital fund. The agtech fund, named GrainInnovate, will support and resource start-ups which show the potential and commitment to deliver transformational impact to Australia’s

teen working studying computer laptop homework

The big four banks are backing a new educational initiative, the Schools Cyber Security program, designed to teach high school students about cyber security skills and encourage them to pursue a career in IT. The Australian Computer Academy (ACA) developed the $1.35 million national program which will be taught to

ANZ expects the impact of open banking on Australia’s financial industry will be profound. So much so that the bank is preparing to fundamentally change its business model. But it had to rely on regulators to get the conversation started. “From a large bank perspective, I think open banking helps

Shayne Elliott

Incumbent banks will need to embrace new business models to ensure their long term survival, argues Shayne Elliott, CEO of ANZ Bank. Speaking at the Sibos conference in Sydney yesterday, Elliot said 30 years of uninterrupted growth meant Australia was “a great place to be a bank”, but had bred

Commonwealth Bank in the leader in Australian mobile banking, cementing its top ranking for the second year in a row in a study by Forrester Research, which evaluated the mobile apps of Australia’s big four banks. Forrester’s report found CommBank leads the pack saying the bank blended “…extensive functionality with

ANZ is throwing its weight behind data marketplace Data Republic, making a strategic investment in the startup as well as signing up to access to the Data Republic platform. Data Republic is also backed by corporate venture capital arms of Westpac and NAB, as well as Qantas Loyalty. ANZ said

ANZ has acquired Australian property start-up REALas, a property price predicting service. It’s another step in ANZ’s digital transformation strategy, according to the company, which has made several digital hires this year. “This is an important acquisition for our digital transformation as we know customers are increasingly turning to online

Android Pay

ANZ is the first of Australia’s big banks to offer its customers both Samsung Pay and Apple Pay. The contactless mobile payments service, Samsung Pay, is now accessible for millions of Australians who have an eligible ANZ Visa debit or credit card and a compatible Samsung device. Sign up for

Westpac branch

In a trial with shopping centre landlord Scentre Group, Westpac and ANZ have developed a blockchain solution to digitise a financing process used for commercial property leasing. The prototype, built on IBM’s distributed ledger technology, eliminates the need for current paper-based bank guarantee documents, resulting in a single source of

ANZ has appointed Jennifer Scott as General Manager Digital Transformation and Performance, reporting to Group Executive Digital Banking, Maile Carnegie. Scott has more than 20 years’ experience in senior finance, strategy and marketing roles in Australia, Europe, the United Kingdom and the United States. Her extensive experience includes as eBay