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NAB Ventures leads funding round for FX platform

NAB Ventures leads funding round for FX platform

by Nehad Kenanie | Mar 8, 2017 | Australia, FinTech, Foreign Exchange, Global, Investment, Uncategorised

(8 March 2017 – Global) NAB Ventures has led a $US24 million ($31.6 million) funding round by foreign exchange (FX) payments group Veem, in a deal the bank believes will assist it in increasing its market share in international money transfers made by small business....

Banks place open data access firmly on the agenda following inquiry

by Nehad Kenanie | Mar 7, 2017 | Australia, Regulatory & Government, Technology, Uncategorised

(7 March 2017 – Australia) Australia’s “big four” banks have agreed to allow open access to customer data following a  parliamentary inquiry that recommended banks be forced to give access to customer data to help fintechs now pushing...

New ANZ online tool helps Australian businesses expand internationally

by Nehad Kenanie | Mar 7, 2017 | Australia, New Products, Technology, Trade Finance, Uncategorised

(7 March 2017 – Australia) ANZ Group has launched a new digital tool to help Australian businesses plan for international expansion with a one-stop-shop that provides data-driven insights to support export plans. ANZ Be Trade Ready offers businesses information...

BOQ to host “Future of Fintech” hackathon

by Nehad Kenanie | Mar 3, 2017 | Australia, FinTech, Technology, Uncategorised

(3 March 2017 – Australia)  Bank of Queensland will this week host more than 130 aspiring entrepreneurs at a fintech hackathon.The event is being staged from 3-5 March at Q-Labs in Brisbane. The bank’s group executive and chief operations,...

Premier appointment at NAB

by Nehad Kenanie | Mar 1, 2017 | Australia, Executive Changes, Uncategorised

(27 February 2017 – Australia) Former NSW premier Mike Baird has been appointed head of National Australia Bank's (NAB) corporate and institutional banking division. Starting the new role in April, Baird will reignite a banking and finance career that...

QTC plans to issue its first green bonds

by Nehad Kenanie | Feb 24, 2017 | Australia, Investment, Regulatory & Government, Uncategorised

(24 February 2017 – Australia) The Queensland Treasury Corporation (QTC) has commissioned Bank of America Merrill Lynch, ANZ and National Australia Bank to execute its first ever green bond issuance.Treasurer and Minister for Trade and Investment, Curtis Pitt,...
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