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Westpac stories

Swoop buys 16.99% of Vonex, proposes higher acquisition price
Westpac

Swoop buys 16.99% of Vonex, proposes higher acquisition price

Swoop acquires a 16.99% stake in Vonex at AUD $0.04 per share, positioning itself as a superior contender against Maxo Telecommunications' offer.

By Kaleah Salmon • 3 min read • Tue, 17th Sep 2024
Westpac tops mobile banking, but user satisfaction wavers
Customer Experience

Westpac tops mobile banking, but user satisfaction wavers

Mobile banking apps dominate in Australia with 75% of users utilising them last month. However, only 63% find their bank's mobile features adequate, says Forrester.

By Imee Dequito • 3 min read • Thu, 12th Sep 2024
Swoop challenges MaxoTel with $0.040 per Vonex share offer
Unified Communications

Swoop challenges MaxoTel with $0.040 per Vonex share offer

Swoop has made a non-binding offer to acquire Vonex, outbidding MaxoTel's June scheme with a $0.040 per share proposal, aiming to create a national telecom giant.

By Catherine Knowles • 2 min read • Fri, 6th Sep 2024
Westpac & NextGen revolutionise home loan process with Open Banking
Fintech

Westpac & NextGen revolutionise home loan process with Open Banking

Westpac partners with NextGen to streamline home loan applications across its brands via Open Banking, marking a significant innovation in Australia's banking sector.

By Sean Mitchell • 2 min read • Thu, 18th Apr 2024
Frollo urges collaboration to improve Australia's Open Banking data quality
Fintech

Frollo urges collaboration to improve Australia's Open Banking data quality

Frollo, Australia's Open Banking service provider, urges a collaborative strategy to enhance the data quality in the nation's Consumer Data Right framework, supporting superior financial outcomes.

By Kaleah Salmon • 3 min read • Wed, 17th Apr 2024
Remote work risks hampering career development, warns Aussie expert
Westpac

Remote work risks hampering career development, warns Aussie expert

Australian career strategist, Jacob Galea, warns of risks to professional development spurred by the global shift to remote work, including hindered career growth.

By Tom Raynel • 3 min read • Tue, 16th Apr 2024
Amazon Bedrock AI service officially launches in Sydney
Storage

Amazon Bedrock AI service officially launches in Sydney

Amazon's Bedrock AI service extends its reach to Sydney, offering Australian users advanced options for data handling and storage.

By Shannon Williams • 3 min read • Thu, 11th Apr 2024
FinTech Australia & major banks ignite innovation with reverse pitch event
Unified Communications

FinTech Australia & major banks ignite innovation with reverse pitch event

FinTech Australia, backed by Investment NSW, partners with major banks ANZ, Westpac and tech firm 1835i for a reverse pitch event on 21 February 2024, inviting fintechs to solve local banking issues.

By Kaleah Salmon • 3 min read • Wed, 31st Jan 2024
Summer camp tackles Australia's tech skills shortage
Encryption

Summer camp tackles Australia's tech skills shortage

In a bid to bridge Australia's tech worker shortage, 160 students will participate in Grok Academy's summer computer science camp in Sydney and Melbourne.

By Shannon Williams • 3 min read • Thu, 11th Jan 2024
More Australians turning to mobile banking, Westpac leading the way
EduTech

More Australians turning to mobile banking, Westpac leading the way

More Aussies use mobile banking with Westpac's app hailed as top-notch in Forrester's review, a first time feat.

By Kaleah Salmon • 3 min read • Wed, 1st Nov 2023

Global Stories

Westpac stories

Visa appoints Alan Machet as Group Country Manager
Payment Technologies

Visa appoints Alan Machet as Group Country Manager

Visa has appointed Alan Machet as Group Country Manager for Australia, New Zealand, and South Pacific, succeeding Julian Potter, who retires year-end.

By Imee Dequito • 2 min read • Wed, 2nd Oct 2024
Rich Data Co secures USD $9 million for North America expansion
Risk & Compliance

Rich Data Co secures USD $9 million for North America expansion

Rich Data Co secures USD $9 million boost from Acorn Capital, elevating total Series B funding to USD $37 million. Funds to drive North America expansion.

By Kaleah Salmon • 3 min read • Thu, 8th Aug 2024
Tether secures $1.5m to expand tech operations globally
Power / Energy

Tether secures $1.5m to expand tech operations globally

Tether has secured GBP $1.5 million funding to expand into Australia, the UK, and Europe, set to deploy its 10,000th sensor.

By Melania Watson • 3 min read • Tue, 16th Jul 2024
How to navigate the micro-macro dichotomy of GenAI
Customer Experience

How to navigate the micro-macro dichotomy of GenAI

Business leaders must balance generative AI's vast benefits with short-term deployment challenges to navigate its transformative yet complex potential.

By Sharryn Napier • 4 min read • Tue, 18th Jun 2024
Cogo & Personetics introduce AI-powered sustainable banking
Fintech

Cogo & Personetics introduce AI-powered sustainable banking

Cogo partners with AI-firm Personetics, pioneering climate-conscious banking by aiding customers in understanding and managing their carbon footprints based on their spending habits.

By Tom Raynel • 3 min read • Wed, 17th Apr 2024
AI platform Rich Data Co raises $28 million in Series B funding
Westpac

AI platform Rich Data Co raises $28 million in Series B funding

AI decisioning platform, Rich Data Co, successfully raises $28 million in Series B funding, led by Westpac and nCino.

By Catherine Knowles • 3 min read • Thu, 30th Nov 2023
Sydney firm Atomic.io shines in inaugural 2023 TMW 100 martech list
Customer Experience

Sydney firm Atomic.io shines in inaugural 2023 TMW 100 martech list

Sydney-based martech firm Atomic.io secures No. 2 spot for Innovation in Web/Mobile Platforms in the inaugural TMW 100 list.

By Imee Dequito • 3 min read • Fri, 10th Nov 2023

Stories from Other Regions

Westpac stories