{"id":1613,"date":"2026-01-24T01:03:22","date_gmt":"2026-01-23T23:03:22","guid":{"rendered":"https:\/\/digitalfinance.best\/?p=1613"},"modified":"2026-01-24T01:03:22","modified_gmt":"2026-01-23T23:03:22","slug":"anz-app-review-traditional-banking-with-a-fintech-touch","status":"publish","type":"post","link":"https:\/\/smebanking.agency\/platform\/anz-app-review-traditional-banking-with-a-fintech-touch\/","title":{"rendered":"ANZ App Review: Traditional Banking with a Fintech Touch"},"content":{"rendered":"
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It all began in 1835 when George Kinnear, a young Scottish entrepreneur, opened the first branch of the Bank of Australasia. Nobody would have imagined then that George Kinnear’s venture would become such a large financial institution. There have been many highs and lows, numerous transformations, and fifteen mergers in the company’s history. The latest merger, on 1 October 1970, gave birth to Australia and New Zealand Bank (ANZ) we know today.<\/p>\n\n\n\n

In 2022, ANZ is the largest institutional bank in Australia and a major Australian bank in the Asia-Pacific region. Globally, it serves around nine million customers. In Australia, the bank has over 570 branches, serving approximately six million customers. ANZ’s assets stand at US$ 1017 billion. By the end of 2023, Fitch expects an asset quality deterioration for ANZ. However, this deterioration would be marginal, less than 1%. It is therefore expected that ANZ’s Fitch rating will remain high, at A+.<\/p>\n\n\n\n

With the launching of goMoney, one of the first banking apps in Australia, a decade ago, ANZ pioneered digital banking using modern technology. Today’s ANZ is actively adopting fintech mindsets and using all the latest technologies, too. The company aims to digitally transform its business based on two core principles\u2014Cloud-first and API-first. With such an approach, it is possible to build a highly automated and highly integrated technology stack. The result will be enhanced security on digital platforms and the introduction of innovative features at a fast pace. The question remains, what is the status of ANZ’s digital transformation, and how advanced are its digital platforms? Our ANZ review seeks to answer these questions.<\/p>\n\n\n

ANZ app review<\/h2>\n\n\n

ANZ offers many apps: ANZ Australia, ANZ Shield, ANZ Transactive – Global, ANZ Pacific, ANZ Plus, ANZ Direct Auth, ANZ FastPay New Zealand, ANZ goMoney New Zealand. etc. Our ANZ Review focuses only on Australian mobile banking products, as ANZ\u2019s headquarters are located in Melbourne, Australia. The bank offers two current accounts in Australia, each requiring its own app:<\/p>\n\n\n

ANZ mobile app (Google Play<\/a>)<\/h3>\n\n\n

Category: Finance, Banking<\/p>\n\n\n\n

Released: 2012<\/p>\n\n\n\n

Current version: 4.57.1.0222<\/p>\n\n\n\n

Latest update: 1 \u043c\u0430\u044f 2023\u202f\u0433.<\/p>\n\n\n\n

Downloads: over 1 million<\/p>\n\n\n\n

Rating: 4.5<\/p>\n\n\n\n

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ANZ Australia App<\/figcaption><\/figure>\n\n\n

ANZ Plus app (Google Play<\/a>)<\/h3>\n\n\n

Category: Finance<\/p>\n\n\n\n

Released: May 2022<\/p>\n\n\n\n

Current version: 1.0 (44476)<\/p>\n\n\n\n

Latest update: May 10, 2023<\/p>\n\n\n\n

Downloads: over 100 thousand<\/p>\n\n\n\n

Rating: 4.7<\/p>\n\n\n\n

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The latest updates fixed several bugs and enhanced the user experience.<\/p>\n\n\n

Onboarding<\/h3>\n\n\n

Individuals with an Australian Driver’s license or an eligible passport can become ANZ customers through the app. The process is fast and simple. To apply, one must fill out a standard form with their name, address, phone number, etc. Minors and newcomers to Australia can open an ANZ account at a branch or via the bank’s official website. The app is intuitive and easy to use, even for non-tech-savvy individuals. If needed, FAQs and video tutorials are readily available on the ANZ website.<\/p>\n\n\n

Services<\/h3>\n\n\n

ANZ bank offers two current accounts for individuals: ANZ Access Advantage (AU $5 or US $3.25) and ANZ Plus & ANZ Save (no monthly fee). Both accounts have similar terms and conditions. However, there are some slight differences. For instance, ANZ Plus & ANZ Save is a fully digital accounts. The ANZ branches aren’t serving ANZ Plus & ANZ Save account holders. These customers use the ANZ Plus app for all banking operations and consultations.<\/p>\n\n\n\n

The service packages include:<\/p>\n\n\n\n

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  • Overdrafts, mortgages, loans<\/li>\n\n\n\n
  • Free cash withdrawals<\/li>\n\n\n\n
  • No minimum opening deposit for current accounts<\/li>\n\n\n\n
  • Apple Pay \/Google Pay \/ Samsung Pay<\/li>\n\n\n\n
  • Cardless cash from ANZ Smart ATMs<\/li>\n\n\n\n
  • Deposit cash and cheques at ANZ Smart ATMs<\/li>\n\n\n\n
  • 3.00% interest rate on daily balances (ANZ Plus)<\/li>\n\n\n\n
  • Real-time payments<\/li>\n\n\n\n
  • PayID service to send and receive payments quickly<\/li>\n\n\n\n
  • Payday notifications (ANZ Plus)<\/li>\n\n\n\n
  • Scheduled bill payments<\/li>\n\n\n\n
  • Categorized account statistics<\/li>\n\n\n\n
  • Detailed money reports<\/li>\n\n\n\n
  • Transaction search<\/li>\n\n\n\n
  • Money management tools (expenses predictor, etc.)<\/li>\n\n\n\n
  • Voice ID<\/li>\n\n\n\n
  • Cashback <\/li>\n\n\n\n
  • ATM\/branch locator<\/li>\n<\/ul>\n\n\n\n

    Additionally, ANZ offers investment tools. However, they can only be accessed via the web platform.<\/p>\n\n\n\n

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