National Australia Bank (NAB) - News, Articles & Research

Company announcement/markets

NAB to submit and maintain settlement and account data on DTTC Alert

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that National Australia Bank Asset Servicing (NAS) has agreed to submit and maintain Standing Settlement Instructions (SSIs) directly via its ALERT service, the industry’s largest and most compliant web-based global database for the maintenance and communication of account and SSI data.

19 October 2021

Company announcement/security

NAB welcomes Government's ransomware action plan

NAB has welcomed the release of the 2021 Ransomware Action Plan by the Australian Government today.

13 October 2021

News/payments

Eftpos signs up banks, fintechs and merchants for eQR roll out

Eftpos Australia has signed up Commonwealth Bank, National Australia Bank, Coles, Woolworths, Azupay, Beem It and Merchant Warrior to support the rollout of its new QR payments platform, eQR.

13 October 2021

Company announcement/retail

NAB becomes accredited data recipient under Australian Open Banking rules

“We’re pleased our submission to become an Accredited Data Recipient under the Consumer Data Right has been approved by the ACCC.”

16 September 2021

Company announcement/sustainable

NAB extends offering of ESG derivatives to Australian business

NAB today launched specialist derivative products tied to environmental, social and governance (ESG) targets.

31 August 2021

News/cloud

NAB, CIBC, Itaú Unibanco and NatWest launch open finance challenge

NAB, CIBC, Itaú Unibanco and NatWest Group have joined forces with Amazon Web Services to run a global open finance challenge, inviting fintechs, universities and other large organisations to prototype and develop new digital banking services.

16 August 2021

News/payments

NAB to buy Citi's Australian consumer business for $1.2 billion

NAB is to buy Citigroup's Australian consumer operations for $1.2 billion in a deal that will double the lender's credit card business.

09 August 2021

News/startups

NAB Ventures leads $35 million round in family finance app Spriggy

NAB Ventures has led a $35 million round in family-focused financial startup Spriggy.

28 July 2021

News/retail

NAB invests A$160m in branch revamp

Despite the rise of digital channels during the pandemic, National Australia Bank is pumping more than A$160 million into a tech-heavy branch transformation programme.

13 July 2021

News/sustainable

Banks launch carbon marketplace

NatWest, CIBC, ITAU and NAB have joined forces to create a blockchain-based marketplace where firms can buy and sell carbon offsets.

12 July 2021

Company announcement/regulation

Austrac identifies AML compliance shortcomings at NAB

National Australia Bank Limited (NAB) has been informed by AUSTRAC it has identified serious concerns with NAB’s compliance with the Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) Act 2006 and the Anti-Money Laundering and Counter-Terrorism Financing Rules 2007.

07 June 2021

Company announcement/retail

NAB wins Federal Court approval for 86 400 takeover

National Australia Bank Limited (NAB) is pleased to note that the Federal Court of Australia has made orders approving the scheme of arrangement (Scheme) under which NAB will acquire the remaining share capital in 86 400 Holdings Ltd, the holding company of Australian neobank, 86 400 (86 400).

11 May 2021