Westpac Group: Launches digital mortgage and transforms branches

Westpac Group: Launches digital mortgage and transforms branches

  • Westpac Group announced the next steps in becoming a digital first bank and transforming the products
  • The changes include a digital mortgage where customers can gain unconditional approval in as little as 10 minutes
  • New features in the app and an enhanced digital strategy for branches to help customers bank anytime
  • New digital mortgage will offer refinancers a simpler digital mortgage process where customers can gain unconditional
  • This streamlined process will be available in the final quarter of the calendar year for new and existing owner-occupier
  • Announcing a new partnership with sustainability fintech Cogo to help customers track their carbon footprint
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Former Royal Mint Executives Secure Backing for Precious Metals Trading Platform

New platform aims to modernize precious metals trading for investors.Highlights: Former Royal Mint executives launch a new trading...

Coastal Bank Partners with Tempo to Strengthen Cross-Border Money Transfers

The partnership aims to enhance international money movement solutions.Highlights: Coastal Bank has partnered with Tempo for improved cross-border...

Lloyds Accelerates Homebuying with Fully Digital Service

New platform aims to reduce waiting times for mortgage approvals.Highlights: Lloyds introduces a fully digital homebuying service.Service aims...

AI in Fintech: Revolutionizing the Financial Industry

AI in fintech is changing how financial services operate. It's more than just a buzzword; it's a powerful...