COVER STORY: Australia’s Neobanks have Cleared Key Regulatory Hurdles, But Will Customers Embrace Them?
The Australian market for neobanks is less than a year old, but the new entrants have big ambitions to change the way consumers bank — putting the pressure on Australia’s biggest and most established banks. The newcomers have already cleared significant hurdles by appeasing Australia’s regulators to secure their banking
“If your company is not an icon on a person’s mobile phone, you really don’t exist.” That’s the risk that Australian brands face, according to Gerd Schenkel, Leader of the Digital Practice at consultancy Partners in Performance. Sign up for Which-50’s Irregular Insights newsletter Nominate today for the Which-50 Digital
Companies with enough digitally savvy board members make more money. That’s the key finding from a recent study by MIT Sloan, which also revealed that few organisations measure up. The research found that only 24 per cent of the boards of companies listed in the US with over $1 billion
Global management consulting firm, Partners in Performance, has launched a new practice to assist business to master to the “people dimension” of digital transformation. The company says its new digital practice will help clients deliver lasting commercial results by ensuring people and technology work in sync. Sign up for Which-50’s
Former Tyro Payments CEO Gerd Schenkel is now the Chairman of Melbourne-based fintech Credit Clear, joining CEO Frank Romano and co-founders Mark Casey and Lewis Romano to lead the company through its next phase of growth. Schenkel joined the start up late last year, which is eyeing a sharemarket listing
Australia’s biggest companies are struggling with the sheer pace of change as old certainties are challenged by twin threats. On the one hand they need to keep a watchful eye on the new generation of technically savvy entrepreneurs, and on the other, there is the growing menace of global technology
Australia’s moves towards open banking and a Consumer Data Right are being slowed by the country’s largest banks which refuse to go beyond the minimum requirements of regulators, according to Gerd Schenkel, founder of Ubank and Telstra Digital. According to Schenkel, now managing director BGA Digital, the banks are favouring
Former Telstra Digital Executive Director Gerd Schenkel has resigned from his position of CEO of Tyro Payments after just eight months in the top job. In a statement published yesterday the company said Schenkel had chosen to leave the company to “focus on other business opportunities and spend more time
Tyro Payments has appointed Joshua Walther as the company’s Director of Sales to replace departing co-founder, Andrew Rothwell. Walther joins Tyro from ING Direct and has more than 18 years’ experience in financial services and management consulting with ING Direct, Aussie Home Loans, KPMG Consulting and Arthur Anderson Business Consulting.
Andrew Rothwell co-founder and head of sales of payments provider Tyro is leaving the organisation to join Data Republic as Chief Operating Officer effective May 23rd. Paul McCarney, Co-Founder and CEO of Data Republic, said they had been looking for someone with Rothwell’s expertise for a while. Sign up for