Australia’s Bendigo and Adelaide Bank migrates digital banking system to Google Cloud
The bank intends to migrate at least half of its business operations to the cloud by 2024.
The bank intends to migrate at least half of its business operations to the cloud by 2024.
The Treasury is welcoming feedback on its latest proposals until 1 December 2023.
The proposals will be introduced to the Australian parliament this year.
The bank’s venture capital fund previously participated in Trovata’s $27 million Series B in June 2022.
With nCino, the bank aims to improve efficiency and deliver a “frictionless” experience for staff and customers.
By leveraging Backbase’s platform, Judo Bank aims to “create new digital experiences” for its customers.
The deal marks another step in Finbots.AI’s push to scale across APAC.
Xero announced its plan to exit the start-up earlier this year after initially acquiring it in 2020.
On completion, the acquired portfolio is expected to be worth NZ$1.4 billion in outstanding balance.
New Zealand’s four largest banks are preparing to instate open banking in May 2024.
The acquisition includes an additional $150,000 payment dependent on MIntegrity’s financial performance.
Archie is led by serial fintech entrepreneur Anthony Thomson and Steve Brennen, a former PayPal director.
Part of the commitment requires the US BNPL vendor to redomicile to the Cayman Islands.
ANZ says it conducted a successful pilot in April, identifying nearly 1,400 high-risk accounts.
Computop’s founders, Frank Arnoldt and Ralf Gladis, previously held 50% of the company’s shares each.
The pilot is expected to last for three months between selected merchants and government employees.
The deal follows GBST’s acquisition of WealthConnect, the Salesforce-based CRM solution, in May.
The funding will be used to lend to SMEs in the UK, Australia and Netherlands.
Launching this September, Grow seeks to provide businesses with better cash flow, management and capital.
Jana has gone live with the solution in an effort to streamline and automate its operational processes.
Wise Platform will roll out the new features in Australia initially, and has already signed two clients.
Stables’ CEO says the company wants to simplify stablecoin usage and drive its global adoption.
ClearScore says it will be adding new financial partners in New Zealand over the coming months.
GoCardless cites the current economic environment as the reason behind the layoffs.
Marqeta is undertaking “restructuring actions” in Q2 this year to reduce operating expenses.
The Yieldbroker platform claims to facilitate trading of approximately AUD 6 trillion annually.
Australia aims to introduce the final BNPL bill in the parliament by the end of 2023.
Finastra says its tech will enable the bank to leverage the benefits of ISO 20022’s data-rich MX messaging format.
In its trial phase, the platform cut down the time taken to resolve scam cases by more than half.
Iverach will develop and lead the newly merged organisation’s tech integration roadmap.
The AUD 125 million ($84m) deal remains subject to Yieldbroker stockholder approval.
It took this step due to a “number of outstanding debts” with “no reasonable prospect” of repaying them.
JBWere NZ will use Duco to reconcile cash and securities held with sub-custodians, share registries and banks.
The company is conducting a review as it looks to “transition away” from its previous long-term strategy.
The cuts come as the company looks to form “a more efficient and focused organisational structure”, Iress says.
The partnership will support Argenic’s financial inclusion drive for underserved Australian SMEs.
Klarna and Block discussed how the UK can set the tone for BNPL regulation at IFGS 2023.
The new CIO will be tasked with delivering the firm’s enterprise-wide technology renewal programme.
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With one of the highest levels of crypto adoption in the world, Australia is an “important market” for Wirex.