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24 Business View Australia - August 2015

and digitalizing the business include:

• Rebranding broker originated

mortgages from Homeside to NAB to

leverage the strength of the group’s

main brand and reduce complexity;

• Upgrading the Australian Banking

payments infrastructure to enable

intraday settlement;

• Consolidating a number of product

information databases into one,

enabling staff to serve customers

more quickly, and in turn drastically

reducing both the number of branch

support calls to customer contact

centers and the average length of

calls; and

• Rolling out of another two NAB

“Smart Stores”- interactive and

intelligent branch formats in which

customers can either use the self-

service channels on site, or be

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