Australia’s big four banks have been heavily criticised in a new report by a global analyst firm, which says digital money management provided by their mobile apps is minimal at best – and their apps don’t reflect the banks’ vision of helping customers improve their financial well-being.
Blockchain deployments will enable banks to realise savings on cross-border settlement transactions of more than US$27 billion by the end of 2030, reducing costs by more than 11% per on-chain transaction, according to a newly released global report.
Global assurance, tax, transaction and advisory services company EY has partnered with fintech industry peak body FinTech Australia to launch their third annual census aimed at tracking the growth and the progress of Australia’s fintech ecosystem.
This is an unbearably good headline :-)
Great Stuff Sam - I wish this could go out to a larger audience.
5G will save us, and the NBN will have to be redone anyway.
As always, a great article Sam.
I will never forgive him.