Blog

Are You Banking on Artificial Intelligence?...we are ;-)

    There has been a lot of talk about AI powering ‘roboadvice’ and predicting markets but Artificial Intelligence (AI) has the potential to dramatically improve retail banking for consumers as well -  detecting fraudulent transactions and anomalies, predicting behavioural patterns, personalising service and simply working out the best things to do with your money. In…

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Know your Xinjas: Verity Froud

      Verity Froud aka #goldenxinja is inclined to hide her light under a bushel. Verity is an actuary by trade with two decades of experience working in financial services. Her abilities in financial management, people and data make her perfect for her role as treasurer.   "Fun,  fast and feisty" Tell us what…

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What is Artificial Intelligence...exactly?

  The phrase ‘Artificial intelligence’ or ‘AI’ can conjure a vision of an apocalyptic future ruled by robot overlords in the form of a young Arnold Schwarzenegger. The truth is that human annihilation at the hands of AI is way, way, way off (or at least we hope so…..Stephen Hawking, Bill Gates and Elon Musk…

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The Future of Retail Banking….assuming there is one :-)

  (Eric Wilson, our CEO, takes this head on :-)) The future of banking is not a bank delivered via a mobile phone, or a modernised Big 4 bank, & it mostly certainly is not a pretty app flogging an existing legacy bank’s products under a different brand. Every banking model that currently exists in Australia will…

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Know your Xinjas: Alistair Thomas

      We sat down with our latest Xinja - Co-Founder Alistair "Alfie" Thomas - aka #appyxinja -  Director of digital delivery and shot the breeze about why he's here and what he's looking forward to most.   "Why don't you set up your own bank?" Tell us what you do at Xinja My job is digital…

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Making banks competitive

    Xinja was delighted to respond to the Productivity Commission's 'Inquiry into Competition in the Australian Financial System' as regards banking, and making it easier for new entrants to provide better services to Australians. See a synopsis of our response below + link to the full document. It’s time for Australians to enjoy the…

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6 feelings Australians have about money

    Van Le - Customer Innovation Director at Xinja - has had many, many conversations with our Founding Xinjas and people in general about money and banking. Some of them lasting longer than your average feature film! What they think, what they’ve experienced, what they want, and more importantly, how they feel. Here is…

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First Founding Xinja Meet-up Wrap

    This first event was a lot of fun, and involved a fair amount of work. We asked a LOT of questions, and the Founding Xinjas attending asked a LOT back! The conversation ranged from quite deep feelings, to simple thoughts and suggestions, to some quite fundamental ideas about how banking should be. Overall…

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So...what is a "neobank"?

    In the last few months, when asking Australians directly what they think a ‘neobank’ is, we get mostly blank looks. Whilst it’s common parlance overseas, it’s certainly not everyday lingo here, and as Xinja is building Australia’s first neobank, we thought we’d better give a quick guide to the term and the merry…

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Know your Xinjas: Betsy Westcott

    We had a quick chat with our latest Xinja, Betsy Westcott - aka #sportyxinja -  Head of Retail Banking - about where she's come from, what lights her fire, and why she's a xinja. "I’ve built a reputation as the go-to-girl when it comes to finance; making money, investing money." Tell us what…

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