ANZ invests in mule account detection solution to help fight fraud
ANZ says it conducted a successful pilot in April, identifying nearly 1,400 high-risk accounts.
ANZ
Aussie banks launch new digital platform to stop fraudsters from receiving payments
In its trial phase, the platform cut down the time taken to resolve scam cases by more than half.
Trade finance standardisation project backed by 14 giants
The project seeks technology use and standardisation for the wider distribution of trade finance assets.
Can cultures really change? Can trust ever be reestablished?
“Don’t run when you lose, don’t whine when it hurts. It’s like first grade. No one likes a cry baby.”
HSBC, ANZ and Goldman Sachs back Bud’s $20m funding
UK-based personal finance firm backed up by big name buddies.
ANZ hits up Eftpos for Apple Pay capabilities
It also allows for cash-backs.
ANZ customers lose out in post office banking fallout
Anger in Australia as users lose access to banking services at local post offices.
How open will your bank become?
Open banking means different things to different CEOs.
Oz banking royal commission not a mellow brick road
We reach day 62 and it’s been downbeat for the big four banks Down Under.
ANZ and Moneythor partner for “financial wellness” venture
ANZ will implement Moneythor’s digital banking toolkit.
Top fintech stories this week – 19 October 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Trade Information Network launched by seven banks to transform trade finance
CGI selected to provide tech to Trade Information Network.
Gresham extends ANZ deal for five years
The deal aims to improve digital banking experience for ANZ’s corporate customers.
ANZ New Zealand launches Google Pay
goMoney Wallet to be phased out.
Australia’s big banks slammed for greed and dishonesty
Royal Commission roasts them in its interim report.
ANZ waves hi to smartphone ATM access
All you need from an ATM, with the aid of your phone.
Australia’s banks turned on by Osko for new payments platform
After a six-month delay, Westpac and ANZ are now rolling with it.
Hong Kong banks setting up trade finance blockchain platform
With ambitions of expansion across industries and jurisdictions.
CBA charged the dead
Death is no excuse when it comes to banking fees.
Top fintech stories this week – 4 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
ANZ seeks innovation throne with Data Republic
Bank takes an equity stake in local start-up to boost its data innovation ambitions.
“I have lightbulb moments all the time – doesn’t everyone?”
What was Liz Maguire’s, head of transformation and digital at ANZ, lightbulb moment?
ANZ CEO seeks better banking PDQ
Sends lengthy letter to staff urging restoration of customers’ trust in wake of commission on banking misconduct.
ANZ internet banking goes dead
Ten hours a slave… to Twitter complaints.
Blockchain: a world of possibilities
Amid the hype around distributed ledger technology and blockchain it can seem they are technologies looking for solutions. In the heavily paper-based business of trade finance, such technology looks promising and progress is being made elsewhere.
Correspondent banking: it takes two to tango
The global correspondent banking network is under pressure in several countries as some financial institutions close relationships. While financial inclusion continues to climb the agenda of regulatory authorities and financial institutions pledge their support, the de-risking taking place in correspondent banking threatens to scupper inclusion.
Sibos 2017: NPP a marathon, not a sprint
Payments industry participants in countries about to embark on, or in the early days of, real-time and instant payments infrastructure projects should acknowledge that “it doesn’t all have to happen on day one”.
Sibos 2017: embrace the change or get out of the way!
At today’s (18 October) panel discussion at Sibos, user experience (UX) and organisational culture were put to the fore. What does it take to create a simple yet meaningful UX? And what role does an organisational culture play in it?
Sibos 2017: reaping the rewards of instant payments takes work
The key benefits of the instant payment systems being rolled out in Australia and in Europe were discussed during yesterday’s Instant Payments Over Swift session in the Swift Auditorium.
JP Morgan’s Quorum blockchain powers new correspondent banking network
JP Morgan, and Royal Bank of Canada (RBC) and Australia and New Zealand Banking Group (ANZ), have launched the Interbank Information Network (IIN) – using blockchain for the payments process. According to JP Morgan, processing global payments is very complex. Multiple layers of communication occur amongst payment participants to verify and process transactions. By using […]
Low cost correspondent Swift access
Swift has launched Correspondent Banking Suite, a solution targeting small to medium sized correspondent banks that are seeking cost-effective access to the Swift network.
Mobile wallet round-up: 20 July 2017
It’s been a busy week for mobile wallet partnerships – and this round-up can help. Features Apple Pay, ANZ, CaixaBank, Starling and Samsung Pay. Banking Technology’s sister publication Paybefore reports. Australia and New Zealand-based banking group, ANZ, is rolling out Samsung Pay to customers in Australia. The bank says it’s the only major Australian bank […]
ANZ, Westpac and IBM trial blockchain for bank guarantees
Australia and New Zealand-based banking group, ANZ, and Westpac have teamed with IBM and shopping centre operator Scentre Group to use blockchain to digitise the bank guarantee process for commercial property leasing. The trial used distributed ledger technology (DLT) to eliminate the need for current paper-based bank guarantee documents, resulting in a “single source of […]
Four Australian banks sign up for Swift’s global payments innovation
Four Australian banks, Australia and New Zealand Banking Group (ANZ), Commonwealth Bank, National Australia Bank (NAB) and Westpac are now live or planning to implement Swift’s global payments innovation (gpi) initiative. According to Swift, these Australian banks represent over 80% of cross-border payments flow for Australia. The banks all say the same stuff – so […]
Voice biometrics take ANZ higher for mobile payments
Australia and New Zealand-based banking group, ANZ, has announced it will be the first Australian bank to introduce voice biometrics on mobile devices to allow higher value transactions. From the middle of this year, customers transferring more than $1,000 through ANZ’s mobile apps will be able to use their voice to automatically authorise high value […]
Become a banking “curator” says ANZ
The future of commercial banking may well lie in being “curators”, according to Australia and New Zealand-based banking group, ANZ. In an interview with the Australian Financial Review, Mark Hand, managing director, corporate and commercial banking at ANZ says commercial bankers will “morph into ‘curators’ for their business clients by linking customers with reputable, external […]
ANZ cuts to mobile payments chase with BladePay
Australia and New Zealand-based banking group, ANZ, has launched its payments system for business customers, ANZ BladePay, alongside six point-of-sale (POS) vendors who are developing customised applications for the platform. Developed in partnership with payments tech company ThumbzUp, ANZ BladePay is a handheld Android-based payment device which is capable of integrating third party applications. ANZ […]
ANZ launches innovation lab in Singapore
Australia and New Zealand-based banking group, ANZ, has launched an innovation lab, called ANZ BlueSpace, in Singapore as it looks to work with fintech participants from industry, academia and government. ANZ will tap into Singapore’s “thriving fintech community” and develop capabilities for its institutional customers. David Green, ANZ CEO Singapore and head of South East […]
DBS to acquire ANZ retail and wealth business in Asia
Singapore-based DBS Bank is buying the retail and wealth business of Australia and New Zealand-based banking group, ANZ, in Singapore, Hong Kong, China, Taiwan and Indonesia for about SGD 110 million ($79 million) “above book value”. The exact figure has not been disclosed, but the portfolio represents total deposits of SGD 17 billion ($12.2 billion), […]
ANZ opens up APIs to third parties
Australia and New Zealand-based banking group, ANZ, has opened up its mainframe and two banking systems to about 20 new application programming interfaces (APIs). The move is a way of getting around replacing its systems – in this case the legacy CAP deposits and loan system and Vision Plus credit card platform. The latter is […]
