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

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...

Revolut $200B Valuation: What It Means for Fintech Investors

The Revolut $200B valuation has captured the attention of fintech investors worldwide. This massive figure highlights Revolut's explosive...