In the media
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January 22, 2019
Volt Bank first neo-bank to get full banking licence
Start-up Volt Bank has been given the green light to start accepting deposits from the public at large, after it became the first digital challenger bank to be granted a fully-fledged banking licence. As policymakers seek to put more competitive heat on the big four, Volt became the first among a group of "neobanks" to be given an "unrestricted" deposit - taking institution licence by the Australian Prudential Regulation Authority(APRA).
The Sydney Morning Herald
January 22, 2019
Volt Bank gets APRA green light
Australia's newest bank, Volt, has pledged to provide "a fundamentally different banking experience" after the prudential regulator awarded it an unrestricted banking licence, making it the first of a new generation of purely digital banks to compete with the big four.
The Australian Financial Review
December 20, 2018
Australian digital neobank, Volt Bank, goes live with Temenos on the cloud
Temenos (SIX: TEMN), the banking software company, today announced that Volt Bank has successfully gone live with Temenos T24 Core Banking, Financial Crime Mitigation and Analytics on Temenos Cloud.
temenos.com
October 29, 2018
Volt Bank readies Series C raising; KPMG hired
Australia's next bank-in-waiting Volt Bank has all but won over regulators and is about to turn its sights on potential investors.
Financial Review
October 9, 2018
Volt Bank Signs Paypal Deal To Tackle Customer Inertia
Start-up Volt Bank hopes to tackle customer inertia in the banking sector by partnering with global payment giant PayPal to make the sign-up process easier. Under the deal, which is PayPal’s first partnership with an Australian company, Volt Bank will be able to tap into PayPal’s 7.2 million active user base in Australia to sign up customers using their PayPal account.
Australian Financial Review
June 19, 2018
Launching A Neo Bank Using Cloud
Launching a neo bank using Cloud. Steve Weston, CEO, Volt Bank, talks at The Temenos Community Forum: The Digital Revolution, about the challenges that come with obtaining a banking licence, how banking can be achieved in a simpler and better way, and how technology can be harnessed to innovate and create new services.
FinExtra
May 28, 2018
Digital Bank Volt To Run On Temenos Software
Digital bank volt to run on Temenos software.
FinTech Business
May 23, 2018
Australia’s Volt To Run Digital Bank In The Cloud
Australia’s Volt to run digital bank in the cloud.
FinExtra
May 7, 2018
Volt Bank First To Get ‘restricted’ Banking Licence
Volt Bank first to get ‘restricted’ banking licence.
Sydney Morning Herald
May 7, 2018
Digital Startup Volt Just Got Australia’s First Restricted Banking Licence
Digital startup volt just got Australia’s first restricted banking licence.
Business Insider Australia
May 7, 2018
Australia Grants First Banking Licence To Online Startup
Australia grants first banking licence to online startup.
May 7, 2018
Volt Bank Receives Licence From Regulator
Volt bank is the first Australian digital bank to receive a restricted banking licence from APRA.
finder.com.au
May 7, 2018
Digital Bank To Capitalise On Distrust In Local Banks
Digital bank to capitalise on distrust in local banks.
IT Wire