The momentous shift in the way we bank may be happening faster than anticipated, with new research by Roy Morgan revealing that 3.5 million extra Australians are using mobile banking in 2017 than just four years ago.
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UK Bank, Barclays, has unveiled its latest banking feature, Siri Payments, which allows its personal banking customers the option to use Siri to make payments through their mobile without the need to open the Barclays Mobile Banking App (BMB).
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Suncorp customers around Australia now have more than double the access to fee-free ATMs thanks to a partnership with Cuscal Limited, owners of the rediATM network.
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Finance apps are outstripping the competition with total worldwide use increasing by 100% since 2014, and Australians doubling their use of financial apps, according to a report from App Annie.
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It’s no secret that Australians love their cashless payment options, and it seems the big banks are following the trend with the announcement that Westpac is closing a number of traditional branches at the same time as ANZ opens its first cashless branch in Brisbane.
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Aussie households are being stung $477 a year just to keep popular financial products such as bank accounts, credit cards and home loans active, according to a new RBA report.
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The people have spoken and the results are in - Mozo has crowned the winners of its 2017 People’s Choice Awards in Banking, Electricity, Car and Home Insurance.
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The results are in for Mozo’s 2017 Australia’s Best Expert Choice Awards, revealing the financial providers offering customers the best value across a range of products, including home loans, savings accounts and credit cards.
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If there was ever any doubt that the way Australians bank is well and truly changing, a new report has shown that Aussies are forgoing cheques and cash at historic levels, with a record 20% drop in cheque use in 2016 alone.
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Social media aficionados who bank with Westpac will soon have access to payment features within their favourite messaging apps such as Snapchat and Facebook.
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