One of Australia’s big four banks, the National Australia Bank, is backing a US$100 million capital raising by US-based ecommerce platform, Poynt.
US software giant Microsoft has teamed up with National Australia Bank to build an ATM that uses facial recognition and a PIN instead of the traditional card to permit customers to obtain services.
The Commonwealth Bank's five-year agreement with Australia Post, which will see the bank invest in banking services provided by post offices around Australia, including in regional areas, has led to a call for the other big banks to do their own deals to provide greater banking services in the regions.
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