You’ve probably heard a lot about a Banking Royal Commission over the past twelve months - but what exactly is under investigation, how did we get here and what can we expect from this landmark event?
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With the arrival of the New Payments Platform expected sometime this month, we’re sure you can’t wait to make ‘real time’ instant payments without the need for a BSB or account number. And once it gets here, you'll be able to do that through Osko by BPAY- the first product to be developed under the New Payments Platform. Osko will be available through online or mobile banking - you won’t even need to download an app to use it!
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Financial jargon can be hard to keep track of at the best of times and just when you think you’ve gotten a handle on the latest money mutterings, a raft of legislative changes or technological disruptions mean that they change all over again.
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It turns out that Aussies are enjoying an open relationship of sorts with their banking providers, according to new data from Roy Morgan Research.
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Soon after Australia Day, Aussies will have another reason to celebrate with the release of the new payment platform (NPP) expected in late January.
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2017 has truly been a year of flux in the Australian banking sector, with plenty of upheaval and a heap of changes and new products that have altered the way we bank now, and will bank in the future.
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You know what they say, “new year, new financially-savvy, money-wise me.”
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Sydneysiders clear your lunch schedule and ready your bank account, because ME is offering a seriously appealing prize for the winner of its Christmas treasure hunt.
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It’s 7:56pm. You’ve raced down to the corner store to grab some milk before it closes, but a sudden shiver runs down your spine as you grope at your empty pockets for the keys and wallet you know you left back home on the kitchen bench. Uh oh.
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Sydney and Canberra are two of the cities leading the way when it comes to digital banking, according to the Visa Cashless Cities report.
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