Shanghai stocks set for worst week in 15 months on policy worries, foreign selling
Jul17

Shanghai stocks set for worst week in 15 months on policy worries, foreign selling

Shanghai shares on Friday were set for their worst weekly drop in 15 months, as China’s better-than-expected GDP data fuelled worries over the pace of policy easing, while foreign investors turned to sell shares after a torrid bull run. The CSI300 index was down 0.3% at 4,502.13 points at the end of the morning session, while the Shanghai Composite Index lost 0.5%, to 3,193.82 points. For the week, SSEC shed 5.6%, its steepest since...

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Airwallex closes $160 million Series D funding round and accelerates worldwide growth
Apr16

Airwallex closes $160 million Series D funding round and accelerates worldwide growth

AIRWALLEX CLOSES US$160M IN RECORD FUNDRAISING ROUND TO DATE, ANNOUNCES WORLDWIDE GROWTH PLANS Airwallex has raised a Series D round of US$160M, its largest to date, with participation from a group of new investors, including ANZi Ventures and Salesforce Ventures, and several existing investors, including DST Global, Tencent, Sequoia Capital China, Hillhouse Capital and Horizons Ventures The new funds will be used to accelerate...

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Australians lose millions of dollars to romance Scams
Feb12

Australians lose millions of dollars to romance Scams

ANZ is urging all Australians to watch out for deception this Valentine’s Day with romance scams fast becoming one of Australia’s most common financial frauds. ANZ set up a dedicated scams unit in mid-2017 to respond to the significant increase in reports of customer scams, and conducted 119 investigations related to $3.7 million in the first six months. ANZ reports reveal men are more likely to be the target of romance scams, however...

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People with Disability at Risk of Financial and Digital Exclusion, ANZ report shows
Nov24

People with Disability at Risk of Financial and Digital Exclusion, ANZ report shows

People living with disability are at particular risk of exploitation and financial abuse, and financial education may be a key to addressing the issue, a new ANZ study released has found. The ANZ-commissioned 2017 MoneyMinded Impact Report from RMIT University is one of the first in Australia to explore the issues related to financial wellbeing for people with disability and their carers. The report found people with disability may...

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ANZ introduces Accessibility Features to more than 3 Million Visa Debit Cards
Oct25

ANZ introduces Accessibility Features to more than 3 Million Visa Debit Cards

ANZ today announced the rollout of its specially designed accessibility features to all retail and commercial Visa debit cards to make everyday banking easier for customers with a disability. All ANZ’s 3.4 million Visa debit cards will now have tactile indicators, larger fonts and high visibility leading edges to help customers identify their cards and to help them easily identify which way to insert their card into ATM and EFTPOS...

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ANZ to offer Payments on Fitbit Ionic Starting Today
Oct02

ANZ to offer Payments on Fitbit Ionic Starting Today

ANZ today announced it had partnered with leading global wearables brand, Fitbit, to offer customers the ability to make payments on the run through Fitbit Ionic, the ultimate health and fitness watch. ANZ’s Australian customers will be able to load their eligible Visa debit or credit cards through the Fitbit app so they can make simple and more secure purchases on the go with a Fitbit Ionic. Commenting on the new partnership, ANZ...

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ANZ Upgrades Chinatown Branch in Sydney CBD to Serve Local and International Customers
Sep27

ANZ Upgrades Chinatown Branch in Sydney CBD to Serve Local and International Customers

ANZ today officially reopened its largest Australian branch in Sydney’s Chinatown after upgrading it to serve local and international customers from account openings to business lending. Spread across five floors, ANZ’s Chinatown branch offers specialist services for business customers, home loan customers, the local Chinese community as well as providing a Private Banker and two international sales desks. Commenting on the reopening,...

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Update on Shanghai Rural Commercial Bank
Sep18

Update on Shanghai Rural Commercial Bank

ANZ today announced that under a revised arrangement Baoshan Iron & Steel Co., Ltd. (Bao) will join China COSCO Shipping Corporation Limited (COSCO) to acquire ANZ’s 20% stake in Shanghai Rural Commercial Bank (SRCB). Under a new sale agreement, Bao will acquire a 10% stake in SRCB instead of Shanghai SinoPoland Enterprise Management Development Corporation Limited. COSCO will acquire the other 10% as previously announced by ANZ...

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ANZ Comments on Fairfax Media Money Laundering Report
Sep15

ANZ Comments on Fairfax Media Money Laundering Report

ANZ today commented on a report in Fairfax Media regarding alleged money laundering in Australia. • ANZ has systems in place to ensure it complies with anti-money laundering obligations including processes to monitor and report suspicious activity. • All banks are prevented by law from commenting on either individual customers or suspicious activity reported to AUSTRAC. However, we are subject to continuous supervision from AUSTRAC...

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ANZ first Australian Bank to roll out Voice ID for Mobile Banking
Sep04

ANZ first Australian Bank to roll out Voice ID for Mobile Banking

ANZ will today be the first Australian bank to roll out Voice ID technology on mobile banking enabling customers to complete higher value transactions conveniently and securely. With Voice ID, ANZ customers can now make ‘Pay Anyone’ payments of more than $1000 on their mobile without needing to log into internet banking, or remember additional passwords or PINs, or visit a branch. They can also use Voice ID to make BPAY payments of...

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ANZ Opens its First Cashless Branch for Brisbane
Jul21

ANZ Opens its First Cashless Branch for Brisbane

ANZ this week opened a new cashless branch in Brisbane’s CBD, its first for the city, as customers continue to choose online and digital banking options instead of cash. The new branch in George Street, Brisbane is ANZ’s seventh cashless branch across Australia since it opened the first one in Sydney’s Bondi Junction in March last year. Commenting on the new branch, Managing Director Retail Distribution Catriona Noble said: “Our...

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ANZ, Westpac, Scentre and IBM Complete Successful Blockchain Trial
Jul12

ANZ, Westpac, Scentre and IBM Complete Successful Blockchain Trial

ANZ and Westpac have teamed with IBM and shopping centre operator Scentre Group and have now successfully blockchain the bank guarantee process used for commercial property leasing. The trial used Distributed Ledger Technology (DLT) to eliminate the need for current paper-based bank guarantee documents, resulting in a single source of information with reduced potential for fraud and increased efficiency. DLT powered by Hyperledger...

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Successful Blockchain Trial for Bank Guarantees
Jul10

Successful Blockchain Trial for Bank Guarantees

ANZ and Westpac have teamed with IBM and shopping centre operator Scentre Group and have now successfully digitised the bank guarantee process used for commercial property leasing. The trial used Distributed Ledger Technology (DLT) to eliminate the need for current paperbased bank guarantee documents, resulting in a single source of information with reduced potential for fraud and increased efficiency. The partners involved in the...

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ANZ Comments on Federal Budget Bank Tax
May10

ANZ Comments on Federal Budget Bank Tax

ANZ today highlighted the need for banks and Parliament to bridge the obvious divide between them in the long-term interests of the Australian economy. ANZ CEO Shayne Elliott said: “The bank tax announced in last night’s Federal Budget is regrettable policy. The reality is this is a tax on the millions of ordinary Australians who are bank shareholders and bank customers. “This additional tax fails to recognise the banking sector is...

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ANZ Business Growth Programme Creates New Jobs
Oct10

ANZ Business Growth Programme Creates New Jobs

An ANZ business program has created more than 140 jobs in the past two years by helping company executives learn how to lead, manage and accelerate growth. The ANZ Business Growth Program, a collaborative partnership between University of South Australia and ANZ, has also helped the 10 companies that entered the program in 2014 double profits, export to new countries and increase their revenue by an average of 93 per cent*. ANZ...

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