[1] Tyro Payments chief executive Jost Stollmann is encouraging fintech entrepreneurs to collaborate and develop a new financial services economy.
[2] While all other large banks are shunning away from innovative threats, Westpac Banking Corp and National Australia Bank have initiated venture capital funds for startup investments.
[3] Jon Davey, the head of NAB Labs, the innovation unit of National Australia Bank, reiterates that banks can learn a lot from fintech and the challenge remains in their responsiveness.
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