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

Amazon Echo Dot, Alexa

Internet banking is entering the age of voice computing. From today customers in Australia can preorder an Amazon Echo, Echo Dot, or Echo Plus, with the devices beginning to ship next month. Accenture predicts that ownership of smart speakers in Australia will increase more than five times this year, reaching

With incumbent companies battling shrinking share prices and irrelevance in the face of rapidly rising consumer expectations, leadership in the age of digital disruption is more important than ever. This year the research showed digital transformation (and cybersecurity) moved up the list of priorities for the C-suite. However, challenges around

The ACCC may have stifled their efforts to jointly negotiate with Apple, but that hasn’t deterred three of Australia’s big banks from joining forces to develop new digital banking products. Commonwealth Bank, Westpac, and National Australia Bank are working together to build the next generation of mobile payments and wallets

New South Wales Parliament

Westpac-backed data start-up Data Republic is building a data marketplace for the NSW Government which will provide access to a broad range of datasets in a single, searchable location. Having won the government tender, the data marketplace will form part of the NSW government’s digital strategy unveiled by Victor Dominello NSW

Westpac branch

Westpac has partnered with Australia’s leading fintech innovation hub Stone & Chalk to launch FUELD, a data accelerator. The goal is to connect early-stage startup teams to a range of powerful data-sets on Data Republic’s data-sharing platform, allowing them to solve customer and business problems across a range of industries,

Five companies have made the finals of Westpac’s 2017 Innovation Challenge, an initiative the bank says it designed to allow entrepreneurs and start-ups across the country to present solutions for Australia’s Professional Services sector. Westpac’s National Head of Professional Services, Makala Schofield, said this year’s Innovation Challenge is uncovering innovations

chatbot, smartphone, AI, assistant

Hyper Anna, a Sydney-based Australian start-up has secured a $16 million series A funding round, led by Sequoia China, to launch its virtual assistant in new international markets. The start-up has created an AI agent called Anna which plays the role of data scientist, giving customers business intelligence and on-demand