Up deposit balances surge 414%

One of Australia's newest challenger banks Up has posted some very strong half-year results, with new customers flocking to its digital products.

86 400 allows multiple savings accounts

Neobank 86 400 has released a new feature, allowing customers to create multiple accounts without sacrificing their interest earnings.

Big four bank customers flocking to Xinja

Neobank Xinja said its new 2.25% p.a. Stash savings account is a 'true alternative' to the big four, and more than $30 million has flowed through in its first week.