ANZ adds Samsung Pay
ANZ has added Samsung Pay to its offering, leading the big four in its coverage of the major contactless mobile payments options.
ANZ has added Samsung Pay to its offering, leading the big four in its coverage of the major contactless mobile payments options.
Westpac customers are flocking to online banking, allowing the group to contain costs by closing branches, the company said in its interim financial report this morning.
The Aussie banks butting heads with Apple over its Apple Pay platform have narrowed their request for authorisation to collectively negotiate with the tech giant.
Robotics is no longer considered an approaching trend in the banking world. It is well and truly here and it's making a real impact.
Banks of the future will be technology companies with a banking licence and traditional banking may give way to more digitally advanced methods and platforms, say fintech specialists.
Suncorp Bank has revealed it will soon support contactless mobile payments on Apple iOS and Google Android devices.
It looks like an exciting year ahead for the mobile payments space, as analysts predict Apple Pay to be the leader in mobile wallets, banks to give up some control to gain influence in the market, and more people using the Bitcoin blockchain concept to develop new financial products.
St George Bank, viewed as the 'innovation hub' of Westpac, has adopted a 'mobile only' strategy, according to CIO Dhiren Kulkarni.
Teachers Mutual Bank is increasingly embracing mobility to establish stronger and more personal relationship with its customers, says CIO, Dave Chapman.
Leading on technology is a “life-and-death matter” for Commonwealth Bank, according to CEO Ian Narev.
Eftpos has switched on new centralised payments infrastructure that is meant to speed up the rollout of products including Eftpos online and mobile payments.
Day-to-day transactions will mostly be done using contactless payment technologies by 2020, replacing credit or debit cards that require a PIN, market research firm IBISWorld has predicted.
Banks can win against the fast-growing PayPal because they are more trusted by customers, according to Bendigo and Adelaide Bank managing director, Mike Hirst.
Banks across Europe are now coping with a wave of cybercrime in which crooks are transferring funds out of customer accounts through a scam involving bypassing some two-factor authentication systems to steal large sums, according to a security firm assisting in the investigation.
Westpac’s move to supporting Android and Windows Phone devices “is another nail in the BlackBerry coffin,” according to independent telecom analyst Chris Coughlan.