Australia’s largest credit union, CUA, has claimed first-mover rights with the launch of a new chat app which allows users to select a personal banker to assist with their banking and insurance needs.
Online banking threats are of a higher concern than malware and cryptojacking, but despite the concerns Australians are still storing financial records or financial information such as tax file numbers and bank details on their digital devices, according to a new security research report.
Bankwest, a division of the Commonwealth Bank, has launched its digital cards feature, allowing customers to activate a credit card via the bank’s mobile app prior to receiving the physical card.
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