The major financial services regulators are becoming more vocal and taking more onerous action, citing increasing complacency on cultural and compliance issues.
The bank is set to launch “amie”, a multi-agent AI chatbot developed with AWS, aiming to deliver real-time market insights and boost client engagement.
As banks pull back, private credit is stepping in — funding non-bank lenders across niche sectors and driving a shift in Australia’s lending landscape.
Constantinople has established a strategic partnership with 10x as it looks to quadruple its client base over the next year providing a virtual banking package.
As global stablecoin use soars, the Reserve Bank is launching new trials of fiat-backed crypto, blockchain and CBDCs in real-world financial applications.
Momentum in the open banking regime has been flagging but a reset last year has boosted activity, including a Mastercard-Equifax tie up called Open Score.