NAB

NAB Alipay

NAB will soon accept Alipay as a payment method through its point-of-sale terminals as part of a new deal between the two finance companies. The bank announced today it is testing the Chinese payment method with a small group of its business merchant customers in November, before a wider roll

Australia’s big banks are envied for the sheer amount of customer data they possess, but often they struggle to put it to good use, according to Johnathon Davey, Executive General Manager Digital & Innovation at NAB. To address the challenge NAB is increasingly relying on partners and third parties for

National Australia Bank and Microsoft have collaborated to design a proof of concept ATM using cloud and artificial intelligence technology where customers can withdraw money through facial recognition and a pin, removing the need for a card. NAB said the cloud-based application, developed using Azure Cognitive Services, has been designed

Commonwealth Bank executive Angela Clark has been appointed CEO of Beem It, a digital wallet jointly owned by NAB, Westpac and CBA. Clark was part of an executive team made up of staff CBA, Westpac and NAB that spearheaded the founding of the payments business which was establish in February.

NAB has announced a slew of changes to its executive leadership team and has rebadged its customer products and services division as “Customer Experience.” The bank describes the new customer experience unit as “a division focussed on building advocacy and loyalty through the design and delivery of a leading banking

National Australia Bank is investing an additional $50 million in its corporate venture capital fund NAB Ventures, taking the total fund to $100 million until 2020. Todd Forest managing director at NAB Ventures said the company is doubling down on backing innovative third-party companies that can bring desired assets to

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

The federal government has set aside $44.6 million over the next four years for the new Consumer Data Right (CDR) scheme, which will underpin Australia’s shift to open banking. CDR aims to give Australian consumers greater control of their data, allowing them to more easily share transaction, usage and product

digital transformation

Culture,  an often intangible and nebulous construct, is nevertheless the reason why digital transformation projects sink or swim. That’s the view expressed by industry leaders to Which-50 this week in a series of media events and roundtables in Sydney, and interviews with CEOs in the US and Singapore. “Culture is

NAB has launched the NAB Cloud Guild, a technology training program which will give more than 2000 NAB employees the opportunity to develop skills in cloud computing, working with Amazon Web Services (AWS). The program will provide participants – from beginners to professional developers – with the opportunity to acquire