In a sign of widening scrutiny after Facebook Inc's proposed Libra digital coin aroused widespread objection, the bill proposes a fine of $1 million per day for violation of such rules.
“This is an evolutionary leap in how banks, payment providers, and lenders can interact with their small business customers through Xero,” says Ben Styles, general manager of financial services products.
ANZ group CEO Shayne Elliott says the bank has so far shifted more than 3000 employees in its Australian and technology divisions into teams that use Agile methodologies and aims to boost that figure to 13,000 by the end of the year.
Suncorp has ended its agreement with 9 Spokes, provider of the business insights platform behind its Suncorp Business Toolbox product.
PwC New Zealand is warning New Zealand banks that 80 percent of their consumer banking business could be disrupted by the end of the decade through the creative use of technology by new players.
Today, your customers want service quickly, at their convenience. Customers need to be able to do everyday banking, open accounts, sign loans and more, from anywhere, at any time, on any device. They are seeking the omni-channel experience, with the flexibility to start a transaction in one channel and complete it in another. As a result, the traditional way of signing forms and documents is changing – from paper to paperless. Read more here