Block’s Afterpay and Westpac abandon partnership
Afterpay, a payments firm acquired by Jack Dorsey's Block Inc, has rolled back its Money app, and ditched an alliance…
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Australia
Bank of Queensland selects Temenos to transform retail operations
Bank of Queensland (BOQ) has selected Temenos Banking Cloud for its retail banking services as part of its multi-year transformation. The…
Australian central bank launches digital currency project
Australia’s central bank has formed an alliance with the Digital Finance Cooperative Research Centre (DFCRC) to study used cases for central bank…
CBA to offer 400 jobs at new technology hub in Melbourne
Commonwealth Bank of Australia (CBA) has opened a new technology hub in Melbourne’s central business district that will generate more than 400…
ANZ signs $3.3bn deal to buy Suncorp Group’s banking arm
Australia and New Zealand Banking Group (ANZ) has signed an agreement to buy the banking arm of insurance company Suncorp…
ANZ in advance talks with KKR to acquire Australia’s MYOB
Australia & New Zealand Banking Group (ANZ) has confirmed that it is in talks with Kohlberg Kravis Roberts (KKR) for the potential…
ANZ looking to sell $1bn stake in Indonesia’s Panin Bank
Australia and New Zealand Banking Group (ANZ) looking to sell its stake in PT Bank Pan Indonesia, Bloomberg reported citing sources privy…
CBA turns to AI technology to detect and prevent scams
Commonwealth Bank of Australia (CBA) is leveraging artificial intelligence (AI) technology to protect customers from potential scams. The technology leverages…