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UBank. UBank is an Australian direct bank, that operates as a division of National Australia Bank (NAB). It was established in 2008, and provides savings products and home loans online and over the phone. UBank operates under NAB's banking licence and uses its balance sheet, risk management and technology infrastructure.
up .com .au. Up, also known as Up Money and Up Banking, is an Australian neobank based in Melbourne, Victoria, Australia with more than 700,000 mostly young Australian customers. [1] Founded in 2018, Up was created as a collaboration between software development company Ferocia and Bendigo & Adelaide Bank. [2]
Cuscal was established in 1992 as the Credit Union Services Corporation Limited and became Credit Union Services Corporation (Australia) Limited before changing its name to Cuscal Limited in December 2005. [2] Cuscal replaced the state based credit union bodies, which had been in operation since 1956. Cuscal was incorporated as a Special ...
National Australia Bank (abbreviated NAB, branded nab) is one of the four largest financial institutions in Australia (colloquially referred to as " The Big Four ") in terms of market capitalisation, earnings and customers. [3] [4] NAB was ranked the world's 21st-largest bank measured by market capitalisation [5] and 52nd- largest bank in the ...
Schenkel has a master's degree in Engineering and an MBA from the Columbia Business School in New York. He is the co-author of several scientific articles in the field of robotics. Career. In 2008, Schenkel launched UBank, the direct bank of National Australia Bank which has grown its balance sheet to approximately $20b.
The following is the list of banks in Australia, as well as restricted ADIs, credit unions, friendly societies and subsidiaries and branches of foreign banks in Australia. Financial institutions in Australia are supervised by the Australian Prudential Regulation Authority (APRA) as authorised deposit-taking institutions (ADI) under the Banking ...
ME Bank, also known as ME, is an Australian direct bank based in Melbourne.It became a subsidiary of Bank of Queensland in July 2021.. Founded in 1994 as Super Member Home Loans (SMHL) by Australia's industry superannuation funds, SMHL became Members Equity Bank in 1999, and received a banking licence from the Australian Prudential Regulatory Authority (APRA) in July 2001 and was approved by ...
Parent. National Australia Bank. Website. www.86400.com.au. :86 400 was an Australian neobank. [1] It was founded in 2019 by Robert Bell and Anthony Thomson. [2] [3] [4] It was majority owned by payments company Cuscal. [5] [6] [7] It gained a licence to operate as an authorised deposit-taking institution in 2019.