LOGIN
SUBSCRIBE
UPGRADE
LOGOUT
Open menu
PayDay News - Payments Industry News Australia
Got a story
to share?
Open menu
LOGIN
SUBSCRIBE
UPGRADE
LOGOUT
PayDay News | Australian Payments News

AI hire and investment war escalates, as NAB pre-announces digital executive

PayDay News
2 Jul, 2025
Add us as a preferred source on Google
Staff Reporter
PayDay News
2 Jul, 2025
Add us as a preferred source on Google
In the race for digital-savvy bank executives and AI investment, NAB has pre-announced the appointment of Lloyds Banking Group and former CBA executive Pete Steel to focus on its digital and AI operations, including the “design and customer onboarding” of its digital bank, ubank.
AI hire and investment war escalates, as NAB pre-announces digital executive
NAB’s Group Executive, Digital, Data & Artificial Intelligence Pete Steel to focus on digital, AI and the “design and customer onboarding” at ubank.

In the race for digital-savvy bank executives and AI investment, NAB has pre-announced the appointment of Lloyds Banking Group and former CBA executive Pete Steel to focus on its digital and AI operations, including the “design and customer onboarding” of its digital bank, ubank.

Subscriber article

This article is available to PayDay News subscribers.

Subscribe to continue reading
PAYDAY NEWS ANNIVERSARY EDITION

trending

The fault lines in Australia’s payments
Commentator Vibhu Arya breaks down the recent RBA submissions, analysing who is lobbying for what at a high level.
Affirm and Shopify launch Shop Pay Installments in Australia
Australian merchants on Shopify will have another BNPL option to pay with the launch of Shop Pay Installments.
NAB and AP+ warn card tokenisation closing off least-cost routing
NAB and Australian Payments Plus (AP+) have warned that card tokenisation could undermine the merchant benefits of least-cost routing, but differ on how far regulators should intervene and
Adyen consolidates Melbourne’s Limitless payments across six Asian markets
Melbourne-based gifting group Limitless Technology has consolidated four payment gateways onto Adyen, simplifying payments across five brands and six Asia-Pacific markets as it continues to expand its e-commerce
Fintechs push RBA to open NPP access and unlock A2A competition
Australian fintech heavyweights led by Airwallex, Adyen, Azupay and Digital Economy Council has put access to the NPP at the centre of the RBA’s regulatory review, calling for

RELATED STORIES ▸

RBA puts retail digital dollar on ice as tokenised wholesale push grows
RBA puts retail digital dollar on ice as tokenised wholesale push grows
RBA puts retail digital dollar on ice as tokenised wholesale push grows
Australia’s central bank sees little need for a digital dollar for consumers, but is pushing ahead with plans to reshape ...
Western Union & TenPay Global partner to launch Weixin Mini Program
Western Union & TenPay Global partner to launch Weixin Mini Program
Western Union & TenPay Global partner to launch Weixin Mini Program
Through the partnership of global company’s TenPay Global and Western Union, Weixin Mini Program launches, making Australia-to-China remittances more convenient ...
Stripe Treasury launches in Australia, unifying payments and global money management
Stripe Treasury launches in Australia, unifying payments and global money management
Stripe Treasury launches in Australia, unifying payments and global money management
Stripe Treasury gives Australian customers a unified financial platform to manage incoming and outgoing flows across currencies from a single ...
No deposits, as ACCC puts banks on a short leash for ATM trial
No deposits, as ACCC puts banks on a short leash for ATM trial
No deposits, as ACCC puts banks on a short leash for ATM trial
The ACCC has cleared the National Australia Bank, Westpac, ANZ and Bank of Queensland to start their regional ATM experiment, ...
Pay with a smile: Verifone brings biometric-capable devices to Australia
Pay with a smile: Verifone brings biometric-capable devices to Australia
Pay with a smile: Verifone brings biometric-capable devices to Australia
Straight out of a Ridley Scott sci-fi thriller, Aussies could soon pay with face and palm verification technology as Verifone ...
Double trouble: CBA glitch triggers multiple false debit card charges
Double trouble: CBA glitch triggers multiple false debit card charges
Double trouble: CBA glitch triggers multiple false debit card charges
Just days after posting a record profit, Commonwealth Bank has suffered a card processing error which saw some of its ...

Got a story to share?

Get in touch with PayDay News today!
Click here to email us

Topics

Advertising Enquiry

Fill out the form below, and we will be in touch shortly.

Contact Information

Got a story to share

Fill out the form below, and we will be in touch shortly.

Contact Information