ANZ Launches Digital App For Mobile Lenders

ANZ today announced it has developed a new digital app designed for its Mobile Lenders to enable them to have faster, easier and more informed home loan conversations with customers.

ANZ’s Head of Mobile Lending, Luke Symons said: “Your HomeLoan 360° was specifically designed to assist our Mobile Lenders to have more insightful conversations with customers looking to purchase a home. It’s about bringing relationship banking into the digital age.

“The iPad app guides a personalised home loan conversation, stepping the customer through questions relating to their home loan goals and the suburbs the customer is looking to buy a home in. This enables them to quickly and simply compare a range of scenarios to ensure customers have the right solution for their needs,” Mr Symons said.

Your HomeLoan 360° features:

  • Simple three-step process covering the customers’ goals, financial situation and property scenarios
  • Connects in real-time to ANZ property profile reports and realestate.com.au to produce the latest property market insights
  • A range of personalised lending scenarios that can be compared and emailed directly to the customer during the conversation
ANZ’s Mobile Lending business is an important channel for ANZ and is experiencing

significant growth in volume of loans written and also in the number of Mobile Lenders, which increased by 43 per cent in the first half of 2015. “Over the past year our Mobile Lending franchise network has grown significantly and we’re pleased to be continuing to invest in this important channel for our customers,” Mr Symons said.

The new app will be launched to ANZ’s 450 Mobile Lenders across Australia from August 2015.

Global Payments and Bank of the Philippine Islands Finalize Joint Venture

Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology services, announced today that it has completed the formation of a joint venture with Bank of the Philippine Islands (BPI), a leading commercial bank in the Philippines.

BPI is a leading Philippine provider of financial services with more than 800 branches. The bank has operated a merchant acquiring business in the Philippines for over 27 years.

Under the terms of the agreement, Global Payments holds a 51 percent majority interest in the joint venture, and BPI holds the remaining 49 percent.

With 163 years of experience in the local banking industry, BPI is one of the largest universal banks in the Philippines today. It offers a wide spectrum of financial services to both retail customers and corporate clients through the bank’s extensive distribution network locally and abroad. BPI serves 6.8 million customers through its network of more than 800 branches.

Birla Group To Set Up $10 million Fund For Disruptive Ideas In Financial Services

Another conglomerate is joining the growing number of those looking to unearth unique technology in the financial services sector. The Aditya Birla Group, one of India's largest conglomerates with revenue of nearly $40 billion, is setting up a dedicated fund for investing between $2 million and $10 million in disruptive ideas across the areas of financial services, healthcare and retail.