NAB

Accounting and tax-prep firm H&R Block is buying Wave Financial, an accounting, invoicing and receipt-tracking software company, for US$405 million (AU$583 million). The deal is the first exit for the corporate venture capital arm of NAB which was launched three years ago. Sign up for Which-50’s Irregular Insights newsletter Nominate

NAB has teamed up with Canadian bank CIBC and the Bank Leumi of Israel to launch the Global Alliance Fintech link, an online portal developed to drive client-focused innovation by facilitating collaboration between the banks and fintechs. Through this global platform, fintechs can submit creative technology solutions in response to

Banks, armed with large amounts of customer and transaction data, are deploying predictive techniques in an effort to deliver better customer experiences at scale. While the value of data driven modelling is well understood, executing it without “personal and business bias” in a way that predicts customer behaviour remains a

NAB has switched on Apple Pay for its customers, the latest of the big four banks to welcome the tech giant’s payment service. The bank hinted last year it was open to making the payment service available to its customers. Sign up for Which-50’s Irregular Insights newsletter Nominate today for

RMIT Online has announced the launch of a new cybersecurity short course as part of its Future Skills portfolio. Palo Alto Networks and NAB are key collaborators and mentors on the course which will cover a variety of topics within the cybersecurity ecosystem. Sign up for Which-50’s Irregular Insights newsletter

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Fintech startup Earnd has raised $2.5 million from a number of investors including NAB Ventures and Zip Co executives and Pocketbook founders Alvin Singh and Bosco Tan. Earnd enables employees access to their pay packet as they earn it to minimise the need for payday lenders. Other investors include, John

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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

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Retail data shows sales fell in December after a strong performance in November, driven by online shopping events. Online sales dropped 1.4 per cent from November to December, according to NAB’s Online Retail Sales Index, while ABS figures showed overall retail spending declined 0.4 per cent in December. This is

Global accelerator program Startupbootcamp is launching a new fintech accelerator backed by NAB, Bupa, YBF, Deloitte, AWS, Cisco and Capgemini. Based in Melbourne, the new accelerator will focus on financial health and wellbeing. Along with industry partners, selected startups will be looking at the intersection between open banking, consumer data

AWS Werner Vogels Keynote at The Venetian, Las Vegas, NV on Thursday, Nov. 29, 2018.

The National Australia Bank is all in on public cloud. NAB will move at least 35 per cent of its IT workloads to a public cloud within the next two years. The shift will improve the bank’s innovation and agility, and better prepare it for open banking, according to NAB