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Westpac Says Fintech Partnerships Paying Off

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All retail banking news. features andysis. Westpac says fintech partnerships paying off. may, computerworld. Banks ought to pay close attention this fintechs team up become more banklike says fintech partnerships are coming be it with banks or. The partnership seems to have stemmed from recent research conducted by westpac. According the, australia will become cashless. Westpac cash free report says four in five percent think making payments via a mobile device soon norm with over half per cent of current made electronically. Westpac cio, david curran predicts that more partnerships between big banks and smaller fintech startups will help to drive a new innovative working model. Westpac says fintech partnerships paying off westpac's $ million investment in the reinventure venture capital fund is for bank, according to group ceo brian hartzer. Has made investments areas including distributed ledger technology payments dataytics digital currencies social networking and pp. Westpac says fintech partnerships paying off westpac westpac's $ million investment in the reinventure venture capital fund is for bank, according to group ceo brian hartzer. Fintech insider news fintech is a community where the best and brightest of world share latest most insightful commentary. Info. Westpac mortgages are expected to go live on the hub by end of year. the bank last year pushed a small number employee home loans through hub. shifting customer service is deliver .x .x reduction in costs, cut time spent processing per cent and reduce documents cent. Westpac's $ million investment in the reinventure venture capital fund is paying off for bank, according to group ceo brian hartzer. Has made investments areas including distributed ledger technology payments dataytics digital currencies social networking and pp lending. Westpac banking corp has invested $. Million in fintech firm uno, which allows mortgage customers to broker their own home loan and bold plans win a slice of the $ billion fees that banks pay each year traditional brokers. Westpac made equity investment directly.