NAB receives green light to acquire 86 400
The ACCC has provided the tick of approval for NAB to buy 86 400.
The ACCC has provided the tick of approval for NAB to buy 86 400.
The Singaporean Bank now has face verification at eight ATMs across the city-state to bypass the need for ATM cards.
Touting deposits and withdrawals can now happen 'in seconds'.
Customers not acting in line with Westpac's policy for acceptable behaviour will be warned and if necessary, exited from the bank.
The neobank cites it will focus on other areas instead, such as its US share trading product Dabble.
Alibaba's Ant Group and joint bidders Grab and Singtel are among those that received licences.
Monetary Authority of Singapore will allow eligible non-bank financial institutions to have direct access to PayNow and FAST, enabling e-wallet users to make funds transfers between bank accounts and across different e-wallets.
The grant will be for small financial institutions that adopt digital tools for improving the efficiency of submitting data reports to regulators.
Under the partnership, Afterpay will provide Westpac transaction and saving accounts and other cashflow management tools.
NAB's staff that use work phones will also be provided with the Google Pixel 4a.