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Judo Bank – Success Story

The future of the ever changing Australian banking industry

The Australian banking market has been dominated by ‘The Big 4’ banks over the last 100 years. Most recently over the last two years, smaller players have had the opportunity to apply for a restricted banking license from APRA (Australian Prudential Regulation Authority), and Judo Bank has been one of those. On April 24, 2019, Judo reached a milestone by receiving its full banking license from APRA, becoming the second challenger bank after Volt Bank, to receive a full banking license out of all the new entrants.

Watch the full video to see why Alex Twigg, CIO & Co-Founder at Judo Bank thinks it should be a tough process to receive a full banking license, the future of the ever changing Australian banking industry, and what’s really important for banks to look at when choosing the right technology partner from the very beginning.

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