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technology

14 January 2019 • By Eliot Hastie • 1 min read

Ignore neobank hype says mutual bank

An alternative to the big banks already exists and it isn’t in neobanks according to the chief executive of a mutual bank. Heritage Bank chief ...

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IRESS tipped to win 80% of wealth management market

Morningstar has high hopes for listed technology provider IRESS and anticipates the group’s wealth management software business to increase its market ...

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HUB24 hits $10bn FUA milestone 

The investment and superannuation platform has reached a new funds under administration milestone of over $10 billion at 31 December 2018

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Millions looking to leave major banks

New research has found that over two million Australians are currently seeking new banking providers, with many currently customers at one of the big ...

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Volt Bank goes live in record time

Neobank Volt has gone live in record time, with Temenos digital banking platform in its bid to acquire a full ADI licence.  Volt Bank has gone live ...

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APRA grants neobank restricted ADI licence

APRA has announced that a second neobank has been granted a restricted ADI licence under the authorities new framework.   The Australian Prudential ...

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Wealth scandals open door for new entrants 

A global data provider believes neobanks and robo-advisers stand a good chance of gaining traction in an industry where incumbents are plagued with ...

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Douugh launches capital raise

AI neobank Douugh has opened up to investors and started its wholesale raise on crowdfunding platform Equitise, with an aim to raise $5 million for ...

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Cyber security and technology returns on the rise

Technology sectors are driving the global economy with cyber security expected to see significant growth, an expert from Nasdaq said as part of a ...

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Embedded banking the future of digital transformations

Embedded banking will be the next wave of the digital transformation of the Australian banking industry, according to one expert.  Derek Corcoran, ...

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