Westpac’s business division CIO discusses challenges of divesting non-core assets Westpac’s BT is embarking on a modernization journey for its Panorama financial planning platform, aiming to migrate it to the cloud. The move not only aims to enhance the platform’s capabilities but also make it easier to separate from the…
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This eliminates the need for additional hardware or payment terminals Westpac, a financial institution, has announced the enablement of Apple’s Tap to Pay on iPhone contactless payment technology. This new feature provides business customers with an easy and secure payment option to accept in-person contactless payments using their compatible iPhone.…
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Boosting women’s entrepreneurship in Australia is important to the economy Westpac has today announced new measures to help more female-led small businesses to get started or to grow with dedicated start-up and scale-up loans. These support measures are part of a total $US500 million commitment to back more women in…
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Westpac is working with Optus to become the first private Australian business to block scammer calls Westpac has today announced new scam support and prevention measures and is warning customers to be extra careful after a recent spike in activity. New Westpac data has found reported scams increased 33 per…
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Customers are demanding more personalised insights into their spending and tools Westpac has today announced it has started the roll out of several new features in the Westpac app to provide customers with personal finance insights, new budgeting tools and the ability to track and categorise expenses. These features give…
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The changes are being driven by customers who want faster banking services Westpac Group has today announced the next steps in becoming a digital first bank and transforming the products and services offered for customers. The changes include a digital mortgage where customers can gain unconditional approval in as little…
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Westpac’s digital security measures for customers. New data released today by Westpac shows customers using a unique digital card feature in its mobile banking app have experienced a significant reduction in card fraud when shopping online. The dynamic Card Verification Code (CVC) feature was introduced in the Westpac app in…
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Everything we do now always has a very strong technology aspect. A month into her position as Westpac’s latest CTO, Yianna Papanikolaou what’s making transformation more important right now is that technology is moving fast, fuelling innovation, and changing consumers’ expectations quicker than in the past. In an interview with…
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The move into supporting Westpac’s transaction banking business is a hugely significant step. 10x Banking (10x), the financial technology firm that is disrupting the core banking sector, today announces that it will deepen its partnership with Westpac, to launch a market-leading transaction banking platform for the bank’s institutional clients. 10x Banking…
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Merchants being blocked are exclusively registered overseas. In a move to stamp-out scam purchases and protect customers, Westpac has announced it has started automatically blocking suspect online transactions from overseas retailers deemed high-risk of being a scam. When customers make an online card payment and a scam is detected, the…
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