The National Australia Bank is shedding 6000 jobs over the next three years despite reporting a massive full year net profit of $5.3 billion for 2017, and putting the decision to slash staff down to the impact of new technology and digital transactions on traditional roles.
ANZ is the lone one of Australia's big banks not to be involved in the development of a new banking app named Beem that will enable instant payments for all Australians, irrespective of whom they bank with.
National Australia Bank says it has initiated a global first with the implementation of connectivity to the new SWIFT gpi Payments Tracker via an Application Programming Interface.
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