Several megatrends are shaping financial services, Nilesh Dusane, global head of institutional payments at AWS, and Shane Conway, executive general manager of transaction banking, enterprise payments and asset servicing at National Australia Bank, told Karen Webster. The digitization of banking is creating new customer experiences for consumers but also...
National Australia Bank is blocking some cryptocurrency payments amid a nationwide wave of crypto scams. The bank (NAB) on Monday (July 17) announced it was introducing new customer protections by prohibiting some payments made to “high-risk” exchanges. According to a bank news release, nearly half of all scams...
National Australia Bank is acquiring digital health claims startup LanternPay, the latest salvo in an ongoing battle for supremacy in the $120 billion health payments sector, according to an American Financial Review report Thursday (Jan. 13). LanternPay’s technology will help to reduce administration work for...
National Australia Bank (NAB) said Monday (June 7) it is under investigation for breaches of the country’s money laundering and counter-terrorism laws. According to a Reuters report, the announcement triggered concerns about fines and higher compliance costs and caused shares in the bank to fall 2.6...
June 26, 2024
Can the angle at which you hold your phone help your bank protect against scams? National Australia Bank seems to think so. Speaking during the Australian Banking Association Conference in Melbourne Wednesday (June 26), CEO Andrew Irvine said the lender introduced more “friction” to payments processes and new predictive protection tools to spot scammers, Bloomberg […]
July 17, 2023
National Australia Bank is blocking some cryptocurrency payments amid a nationwide wave of crypto scams. The bank (NAB) on Monday (July 17) announced it was introducing new customer protections by prohibiting some payments...
January 13, 2022
National Australia Bank is acquiring digital health claims startup LanternPay, the latest salvo in an ongoing battle for supremacy in the $120 billion health payments sector, according to an American...
June 07, 2021
National Australia Bank (NAB) said Monday (June 7) it is under investigation for breaches of the country’s money laundering and counter-terrorism laws. According to a Reuters report, the announcement triggered concerns...
