Australia’s ANZ snaps up Suncorp Bank in $3.3bn deal
ANZ CEO Shayne Elliott says the acquisition is a “cornerstone investment” for the firm.
ANZ CEO Shayne Elliott says the acquisition is a “cornerstone investment” for the firm.
The funding is headed towards marketing and product development.
Aussie regulator is unhappy with the pair’s treatment of customers.
The first program will see the fintechs ideas come to life.
Participants get three months to develop their ideas with Suncorp.
Not a lot of sunshine to share as Project Ignite has not really taken off.
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The project is one of the first of its kind in New Zealand.
Kevin, Traity’s new chatbot, provides micro-insurance for P2P transactions online. Created in collaboration with Australia’s financial services conglomerate, Suncorp, Kevin protects buyers on online marketplaces such as Gumtree, Facebook and Craigslist.
Suncorp’s multi-year venture to modernise its core banking system, known as Project Ignite, has stumbled at the final hurdle. As Banking Technology reported in August 2016, the revamp was in its final stages. However, in questions over its half-year FY17 results, Suncorp told iTnews that the configuration of the platform and product migration has “taken […]
Suncorp’s multi-year venture to modernise its core banking system, known as Project Ignite, is in its final stages. The new platform is now live for customer, collateral, collections and loan origination processes. Deposits and transaction banking are still to go – Suncorp expects these to be migrated before the year-end. Project Ignite was initiated in […]