Fintech
Analysis
Open banking
The fight over $1.5 billion ‘game-changer’ that hasn’t lived up to the hype
When former prime minister Scott Morrison outlined his vision for an ambitious banking policy in 2018, he declared it would be a “revolution” for Australian customers.
- by Clancy Yeates
Latest
Opinion
Cryptocurrencies
Bitcoin’s big moment on the Australian sharemarket proves one thing
Investors can now punt on bitcoin via the ASX in a milestone for Australian investors. It answers a key question.
- by Clancy Yeates
Opinion
BNPL
The real risk facing Afterpay and its rivals
Afterpay turns 10 this year and the tricky debate on how best to regulate buy now, pay later firms is still going on.
- by Clancy Yeates
Afterpay co-founder points to Gen Z, Millennials’ growing economic clout
The cost-of-living crisis has fuelled greater demand for buy now, pay later products – especially from younger Australians – says Block executive Nick Molnar.
- by Clancy Yeates
From mortgage checks to scam-busting: How your bank is using AI
Banking giants have plans for artificial intelligence that go much further than the often clunky chatbots used to answer customer queries.
- by Clancy Yeates
From stall to supermarket, India’s QR codes show the future of payments
Non-cash payments are driving a rapid transformation in the world’s most populous nation. India’s government sees the digital system as an alternative to China’s Belt and Road.
- by Matt Wade
App wars: How banks are trying to win over Gen Z
Banks are in engaged in a battle of the apps, as they try to win over younger customers who are juggling saving and spending in a largely cashless world.
- by Clancy Yeates
Warning on risks as buy now, pay later surges
The Bank for International Settlements has warned that rapid global growth in buy now, pay later (BNPL) services could create risks in the financial system.
- by Clancy Yeates
AMP shares tumble on weak profit forecast amid $60m banking push
AMP is attempting to limit the crunch on its banking profits by targeting the small business market, investing in a new digital bank.
- by Clancy Yeates
Exclusive
Companies
Jack Dorsey pledges $3m to Indigenous businesses
US payments firm Block has made its first social impact investment in Australia, even as it sheds around 1000 roles to reverse its struggling share price.
- by David Swan
Opinion
Opinion
iPhone and apps are trumping cards for payments – but be cautious
As tech giants muscle their way into finance, regulators are wary of the risks to competition from these new players.
- by Clancy Yeates