Big four bank NAB has launched the first bug bounty program for Australian banking in a partnership with crowd-sourced security company Bugcrowd. NAB will reward vetted security researchers who uncover previously undisclosed vulnerabilities in the bank’s tech environment. But to take part, you must have an ‘Elite Trust Score’ on the Bugcrowd platform. San Francisco-based Bugcrowd… Read more »
Big four bank NAB has responded to the growing popularity of buy-now-pay-later services among millennials eschewing credit cards, by introducing a “no interest” credit card that instead charges a monthly fee. The NAB StraightUp Card offers credit of up to $3000, and has a “no use, no pay” feature, meaning that if there’s a $0… Read more »
The National Australia Bank has signed a five-year deal with Microsoft enlisting the software giant’s cloud technology, Microsoft Azure, to co-design and develop the bank’s tech as the Big Four behemoth looks to catch the digital neobanks eating into its customer base. The partnership will see NAB Group, which includes BNZ, and Microsoft share development… Read more »
Accountancy software venture Xero has integrated accounts payable functions on its platform with Australia’s largest business bank in move the company is calling a game-changer. Australian businesses using Xero that have NAB internet banking will be able to instruct multiple bill payments at a time through Xero and approve their bill payments anytime, anywhere, directly… Read more »
Digital Shadows co-founder and CEO Alastair Paterson Big four bank NAB is backing a digital risk protection startup it’s already engaged with as a customer, leading a $10 million round for US-based Digital Shadows through its investment fund, NAB Ventures, alongside existing investors, including Octopus Ventures. Melissa Widner, Managing Director, NAB Ventures and David Fairman,… Read more »
National Australia Bank (NAB) has announced a collaboration with Chinese payment platform Alipay that will allow its merchants to take payments from customers via Alipay.
NAB Ventures, the venture capital arm of National Australia Bank (NAB), has joined investors including Elavon in backing smart payment terminal startup Poynt in a US$100 million ($139 million) Series C round
Former Commonwealth Bank executive Angela Clark has been appointed CEO of Beem It, the P2P payments app launched by a handful of banks earlier this year.
NAB has allocated a further $50 million in funding over the next two years to its venture capital fund NAB Ventures, bringing the total allocated to the fund until 2020 to $100 million.
Fintech Brighte secures $20 million debt facility from NAB to help Australians buy renewable energy solutions
Fintech startup Brighte has secured a $20 million debt funding facility from National Australia Bank (NAB).
Girl Geek Academy has partnered with NAB to launch a cybersecurity workshop for primary school girls in the upcoming school holidays in Melbourne.
Property investment platform BrickX closes out $9 million Series A round with backing from NAB Ventures
With Reinventure having announced its investment in November, the closing of the Series A brings the total raised by the startup to date to $12.5 million.
Melbourne startup ActivePipe has raised a $5.9m Series A led by NAB Ventures, with participation from PieLab Venture Partners and strategic individuals.
ANZ has announced the appointment of Ron Spector as its managing director of New Business, Emerging Technology and Ventures.