Fintech

CBA copies NAB in the fight against BNPLs offering a Mastercard ‘no interest’ credit card

- September 11, 2020 2 MIN READ

The Commonwealth Bank has launched a near-identical “no interest” credit card just a day after NAB announced it was launching its flat fee StraightUp Card on Thursday. Aside from slightly different monthly fee rates, the only other key difference is that while NAB partnered with Visa, CBA’s “CommBank Neo” is a Mastercard product. Like StraightUp,… Read more »

Fintech

CBA’s x15 Ventures is offering $150,000 in funding for a fintech startup helping young people with their finances

- September 9, 2020 < 1 MIN READ

The Commonwealth Bank’s VC fund, x15 ventures, is holding a second Xccelerate fintech pitch event, with the winning idea landing $150,000 from CBA. The virtual pitch on November 3-4, and applications for Xccelerate are open until September 27. You can apply here. The shortlisted startups will be notified by October 23. x15 ventures is running Xccelerate… Read more »

Senator Andrew Bragg
Fintech

‘All we need to do is unlock our technology prowess’: Senator Andrew Bragg on the report into fintech and regtech

- September 3, 2020 5 MIN READ

While Australia officially slips into the first recession in 30 years, it is clear that we need more jobs. But we must embrace technology to be globally competitive. There is no other way. The Senate Select Committee on Financial Technology and Regulatory Technology was established in September last year, and following an extensive round of public… Read more »