David Boyd on Australia’s Changing Credit Card Market
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David Boyd on Australia’s Changing Credit Card Market

How has the credit card landscape evolved in Australia over the last decade or so? Australia’s credit card market has evolved significantly over the past decade or so. When my brother Andrew and I first launched CreditCardCompare.com.au back in 2008, the options available to consumers were relatively limited compared to the diverse range of products…

Why banks are not ready for AI – or anything else that comes after that

Why banks are not ready for AI – or anything else that comes after that

By Omar Bashir, Technical Director (Financial Services) at Thoughtworks Artificial intelligence (AI) is already showing its potential in the transformation of Australia’s big banks, from fraud detection to helping employees answer customer questions and software engineers write better code and making smarter apps. In fact, a leading global index recently ranked the Commonwealth Bank as…

From Personal Savings Accounts to Fast Growing Fintechs: How AI is revolutionising finance

From Personal Savings Accounts to Fast Growing Fintechs: How AI is revolutionising finance

By Erin Nicholson, Global Head of Data Protection and Privacy at Thoughtworks Long gone are the days of keeping a physical piggy bank in your bedroom cupboard or struggling to remember to pay in a cheque at the bank. Digital transformation in finance has made life easier, pushed along by fast growing fintechs. The latest strides…

what is digital onboarding in banking
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what is digital onboarding in banking

Seamless Entry: Unraveling the Significance of Digital Onboarding in Banking” Introduction As the financial landscape continues to evolve, the emergence of digital onboarding has become a pivotal force in reshaping the way individuals engage with banking services. Digital onboarding represents a revolutionary departure from traditional methods, offering a streamlined and efficient process for acquiring new…

What Is Digital Banking?

What Is Digital Banking?

Unraveling Digital Banking: What Is Digital Banking and How Does It Transform the Financial Landscape? Introduction In today’s technologically advanced world, the emergence of digital banking has revolutionized the way we conduct financial transactions. But what exactly is digital banking? In this article, we unravel the concept of digital banking and explore its transformative impact…

Embracing Innovation in the Digital Economy

Embracing Innovation in the Digital Economy

Introduction In today’s rapidly evolving digital economy, fintech has emerged as a game-changer in the financial services sector. Fintech, short for financial technology, encompasses a wide range of innovative solutions that leverage technology to enhance financial processes and services. In this article, we dive into the exciting world of fintech news, discussing the latest trends…

How will fintech change the future of banking
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How will fintech change the future of banking

Unveiling the Transformative Power of Fintech: How It Will Revolutionize the Future of Banking Introduction The emergence and rapid growth of financial technology (fintech) solutions have already begun reshaping the financial industry as we know it. With continuous advancements in digital technology and innovative financial solutions, fintech is paving the way for a dynamic shift…