The best place to work in Australia is a bank, according to LinkedIn’s annual list of the top companies to work for, which has the big four atop its latest leaderboard. According to LinkedIn, Westpac is the top company to work for in Australia, followed by NAB, ANZ and CBA.
In 2030 Australian people will own less and share more, and renewable energy will be a booming industry, according to Westpac. The bank has launched a new division to fund the emerging businesses it expects will drive the future economy. Register now for Which-50’s webinar on the disruptive impact of chatbots!
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
Entrepreneurs, start-ups and scale-up businesses are invited to enter Westpac’s 2018 Innovation Challenge for the chance to win $40,000 and professional support to grow their business. Themed RegTech, this year’s challenge asks entrants to create a technological solution that helps companies comply with regulatory obligations and deliver improved customer outcomes.
Slyp (formerly Ping Data), a Sydney-based data start-up that digitises the receipts for merchants and their customers, has raised $2 million in a seed funding round led by NAB Ventures and also included Westpac’s venture capital arm, Reinventure. Slyp’s technology captures a customer’s itemised receipt data from Point of Sale
Westpac has launched a new feature called Mobile Cheque Deposit which will allow eligible customers to scan and deposit cheques from their smartphone. Cheques are often considered a thing of the past, but Westpac research shows that almost half (41 per cent) of Australians still use cheques to make or
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.
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 next challenge for the Australian banking sector is a resource one, according to Westpac CIO, Dave Curran. He argues the biggest roadblock for banks, as they shift to digital models, is finding the employees to do it. “Technology is the opportunity and the challenge of our generation,” Curran said
Based on the recommendations of a review into open banking released last week, Australia’s big four banks could be in for a significant test of their speed and agility. The final report into Australia’s proposed open banking regime has been published including a recommended timing for the implementation of the