Page 3 - Simon Beitz News Today : Breaking News, Live Updates & Top Stories | Vimarsana

On Wednesday, 15 December, Ashurst was delighted to sponsor the one-day 8th Annual FinTech Summit at the Hilton Hotel, Sydney. Over the past seven

APRA can't avoid future failed banks like Xinja entirely, and nor should it if it wants to increase competition, Volt says.

(1) Alex, Australia's newest digital bank, goes live on The Temenos Banking Cloud to create a hyper-efficient cost structure and offer better value lending products and services to retail customers Temenos technology simplifies Alex's loan application journey, facilitating 3-minute application times and the delivery of nearly 10,000 loans in the last six months Temenos' packaged banking services will enable the quick launch of Alex's savings business line so the bank can achieve rapid time to value and maximize growth and profitability Temenos (SIX: TEMN), the banking software company, today ...

Alex Bank takes stage Alex Bank co-founder Simon Beitz The founders of Australia’s newest bank – Alex Bank – are vowing to make retail banking a fairer and simpler experience for customers. Directors of the Brisbane-based business were notified yesterday that APRA had approved their application for a restricted banking licence. Alex is the first institution in more than 18 months to secure a banking authority after the regulator imposed a freeze on issuing new licences after the outbreak of Covid-19 early last year. The new bank, which has been operating as an online personal lender si...

Mortgage Business Digital lender issued restricted ADI licence By Malavika Santhebennur 08 July 2021 The regulator has granted a restricted ADI licence to a digital personal lender, making it one of two restricted ADIs in Australia. The Australian Prudential Regulation Authority has granted a licence to Alex Bank Pty Ltd to operate as a restricted authorised deposit-taking institution (ADI), and Alex Corp Ltd as a non-operating holding compa...