Tagged: westpac

Australian Banking Group Westpac Partners With Coupa to Help SMEs Get Paid Faster

Australian banking group Westpac announced on Tuesday it has teamed up with Business Spend Management (BSM) company Coupe to help businesses more efficiently manage their spending within a comprehensive cloud platform. Westpac reported that through the partnership both it and Coupe will enable customers to… Read More

ANZ, Commonwealth Bank, IBM, Scentre Group, & Westpac Participates in Live Pilot of Blockchain-Based Platform Lygon

ANZ, Commonwealth Bank, IBM (NYSE: IBM), Scentre Group and Westpac announced on Tuesday they have jointly launched a live pilot for Lygon, which is described as a new digital platform using blockchain technology to transform the way businesses obtain and manage bank guarantees that are often required… Read More

Westpac Announces $40,000 RegTech Challenge Launch

Australian banking group Westpac announced on Tuesday its 2018 Innovation Challenge, which gives startups a chance to win $40,000 and professional support to grow their business. According to Westpac, this year’s challenge is themed regtech and is seeking participants that will create a technological solution that helps companies… Read More

Westpac Launches New “Centsitive Objects” Designer Wearable for Customers

Australian banking group Westpac announced earlier this year the launch of its ‘Centsitive Objects,’ which is a new designer range of wearable accessories. This news comes just days after Westpac announced the launch of its Mobile Cheque Deposit feature. According to Westpac, Censitive Objects was designed exclusively… Read More

Westpac Introduces New Mobile Cheque Deposit Feature

Australian banking group Westpac announced on Monday the launch of its Mobile Cheque Deposit feature. According to Westpac, the new feature allows customers to upload a picture of the front and back of their cheque to the Westpac app and will usually clear and be in the… Read More

Westpac Banking Invests $40 Million into zipMoney

zipMoney (ASX:ZML) has announced a $40 million strategic investment from Westpac Banking (ASX:WBC). The investment was paired with an agreement for the two companies to explore the integration of Zip’s products and services into Westpac’s network across Australia. The investment will be by subscription of… Read More

Australian Government Eyeing Big Banks to Prevent Blockchain Monopolization

The Australian Competition and Consumer Commission (ACCC), an independent arm of the Australian government that aims to regulate competition in the market and uphold national consumer law, has been closely eyeing four big banks to prevent attempts of monopolizing the blockchain industry in fintech. The banks… Read More

P2P Lender SocietyOne Hires Simon Schwarz as New COO as Firm Grows

Australia based peer to peer lending platform SocietyOne has added to its executive team with the appointment of new Chief Operating Officer Simon Schwarz. The new hire will help position the platform for further growth as the P2P lending industry continues to disrupt traditional banks… Read More

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