Andrew Cornell

3 days ago | capitalbrief.com | Andrew Cornell

Skip to contentANZ is set to launch “amie”, a multi-agent AI chatbot developed with AWS, aiming to deliver real-time market insights and boost client engagement. ANZ is preparing to launch a major agentic AI program, known as “amie”, within its institutional bank as the pace of AI adoption becomes a competitive necessity. The name is an acronym for ANZ Markets Insights Engine and the initiative stems from a project that began with Amazon Web Services (AWS) in 2023.

4 days ago | capitalbrief.com | Andrew Cornell

A bet on Australia’s first $300 billion company a decade ago would have favoured the big miners, BHP and Rio Tinto. Or maybe CSL, the darling biotech. Atlassian, a home-grown version of American big tech, might have been a long-shot contender. But not a boring bank that only became a public company in the 90s. Get The Edition in your inboxSigned up to The EditionA must-read afternoon newsletter. Free to join, read by decision makers and featuring our top stories.

4 days ago | capitalbrief.com | Andrew Cornell

Airwallex has appointed a new board for its licensed entity as it moves closer to securing a banking licence in Australia. Kelly Bayer Rosmarin, the former Optus CEO and a former payments executive at Commonwealth Bank, has joined the board of Airwallex’s licensed entity as the fintech takes a key step towards securing a banking licence in Australia. Bayer Rosmarin will also act as a strategic adviser to Airwallex.

4 days ago | capitalbrief.com | Andrew Cornell

HSBC is growing its Australian corporate banking arm by backing high-growth tech firms and linking them with its global Innovation Banking network. HSBC’s Australian corporate bank is expanding its business with tech companies, connecting them to its Innovation Banking business, which focuses on startups progressing from seed to Series A.

5 days ago | capitalbrief.com | Andrew Cornell

The big banks have moved rapidly to use AI assistants but they will need the best talent and governance structures to take things to the next level, according to a top consultant. Australia's banks are well advanced in the first waves of AI adoption but will need to win the war for talent, establish new governance structures and engage with regulators to drive the next level of value.