# Macquarie Bank

> Source: https://docs.barcoder.ai/docs/wallets/macquarie-bank
> research date 2026-05-30 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Macquarie Bank — official](https://www.macquarie.com.au/)

## Overview

**Macquarie Bank** is **Macquarie Group's Australian retail + business banking subsidiary** + **Macquarie Authenticator 1M+ users Jun 2025** <sup>[1][1], [2][2], [Australia report](https://docs.barcoder.ai/docs/payments/AU)</sup>. **Jun 2025 baseline**: Macquarie Authenticator 1M+ users (Australian banking customers demanding more secure two-factor authentication; Macquarie's distinctive two-factor authentication app); award-winning Macquarie mobile banking app + Macquarie Group expanded mobile banking experience for business customers in 2025 (simple + seamless + secure way for business customers to manage business finances on the go).

**Distinctive Macquarie Bank positioning** <sup>[1][1], [2][2], [3][3]</sup>:
- **Macquarie Group's Australian retail + business banking subsidiary** (Macquarie Group = Australian-listed global investment bank + asset manager)
- **Macquarie Authenticator 1M+ users Jun 2025** — distinctive Australian banking two-factor authentication scale (Macquarie's distinctive two-factor authentication app)
- **Award-winning Macquarie mobile banking app** + 2025 business banking app expansion
- **Smart budgets + transaction categorization + receipt uploads + real-time notifications** — distinctive Australian banking PFM (Personal Finance Management) features
- **1969 Macquarie founding as Hill Samuel Australia** (Australian subsidiary of UK Hill Samuel) → **1981 spun off as Macquarie** post-Hill Samuel UK reorganization → distinctive Australian banking heritage
- **1996 Macquarie Bank Limited full Australian banking license**

## History

**1969 — Hill Samuel Australia founded** as Australian subsidiary of UK Hill Samuel — distinctive Australian-UK investment banking heritage.

**1981 — Hill Samuel Australia spun off + becomes Macquarie** post-Hill Samuel UK reorganization → distinctive Australian banking heritage.

**1996 — Macquarie Bank Limited receives Australian banking license** → Macquarie Bank Limited full Australian retail banking entry.

**Jul 29 1996 — Macquarie Group Limited IPO on ASX**.

**2014 — Macquarie mobile banking app launches**.

**Jun 2025 — Macquarie Authenticator 1M+ users** (Australian banking customers demanding more secure two-factor authentication) <sup>[2][2]</sup>.

**2025 — Macquarie expands mobile banking experience for business customers** (Australian business banking app expansion: simple + seamless + secure way for business customers to manage business finances on the go) <sup>[1][1]</sup>.

## Ownership & operator

**Operating entity**: **Macquarie Bank Limited** (Macquarie Group Limited parent; ASX: MQG).

**Major shareholders**: **Vanguard + BlackRock + State Street + Australian Super + Australian institutional + Australian retail public float**.

**Regulators**: **APRA (Australian Prudential Regulation Authority) + ASIC (Australian Securities + Investments Commission)**.

## Technical integration

Award-winning Macquarie mobile banking app (iOS + Android; **business banking app expansion 2025**) + macquarie.com.au online + Macquarie Bank cards (Visa + Mastercard) + Macquarie Bank Australian branch network (modest; Macquarie traditionally branchless retail banking model); PayID + NPP + BPAY + OSKO; **Macquarie Authenticator** (distinctive Australian banking two-factor authentication app; 1M+ users Jun 2025); **smart budgets + transaction categorization + receipt uploads + real-time notifications** distinctive Australian banking PFM features.

## Users & growth

**Jun 2025**: Macquarie Authenticator 1M+ users (Australian banking customers demanding more secure two-factor authentication).

## Use cases

Australian retail + private + corporate + SME + investment + asset management + insurance banking via Macquarie mobile + macquarie.com.au online + cards; PayID + NPP + BPAY + OSKO; **Macquarie Authenticator** (distinctive Australian banking two-factor authentication app) + **smart budgets + transaction categorization + receipt uploads + real-time notifications** distinctive Australian banking PFM features; **2025 business banking app expansion**.

## Implementations & partners

**Operator**: Macquarie Bank Limited (Macquarie Group Limited parent; ASX: MQG).

**Macquarie Group sister entities**: **Macquarie Capital** (investment banking) + **Macquarie Asset Management** (Macquarie's $570B+ AUM global asset manager) + **Macquarie Financial Markets** + **Macquarie Banking + Financial Services Group** + **Macquarie Commodities + Global Markets**.

**Major Australian banking competitors**: [CommBank (Commonwealth Bank of Australia)](https://docs.barcoder.ai/docs/wallets/commbank) (CBA; Australia's largest bank; CommBank app + Yello distinctive Australian banking innovation) + [Westpac Mobile App](https://docs.barcoder.ai/docs/wallets/westpac) (Australia's 2nd-largest bank by assets) + [ANZ (Australia and New Zealand Banking Group)](https://docs.barcoder.ai/docs/wallets/anz-australia) (ANZ; ANZ Plus distinctive Australian challenger banking innovation + 2024 Suncorp Bank $4.9B acquisition) + [NAB Mobile Banking (National Australia Bank)](https://docs.barcoder.ai/docs/wallets/nab) (National Australia Bank; NAB app) + [Bendigo Bank (Bendigo and Adelaide Bank)](https://docs.barcoder.ai/docs/wallets/bendigo-bank) + [Bank of Queensland (BoQ) / myBOQ](https://docs.barcoder.ai/docs/wallets/bank-of-queensland) (BoQ) + [Suncorp Bank](https://docs.barcoder.ai/docs/wallets/suncorp-bank) (post-2024 ANZ $4.9B acquisition; integrated) + [UBank](https://docs.barcoder.ai/docs/wallets/ubank) (NAB's digital subsidiary post-2008 launch; UBank Save).

**Regulators**: APRA + ASIC.

## Fun facts

- **Macquarie Group's Australian retail + business banking subsidiary** (Macquarie Group = Australian-listed global investment bank + asset manager).
- **Macquarie Authenticator 1M+ users Jun 2025** — distinctive Australian banking two-factor authentication scale (Macquarie's distinctive two-factor authentication app).
- **Award-winning Macquarie mobile banking app** + 2025 business banking app expansion.
- **Smart budgets + transaction categorization + receipt uploads + real-time notifications** — distinctive Australian banking PFM (Personal Finance Management) features.
- **1969 Macquarie founding as Hill Samuel Australia** (Australian subsidiary of UK Hill Samuel) → **1981 spun off as Macquarie** post-Hill Samuel UK reorganization → distinctive Australian banking heritage.
- **1996 Macquarie Bank Limited full Australian banking license** → Macquarie Bank Limited full Australian retail banking entry.
- **Macquarie traditionally branchless retail banking model** — distinctive Australian banking digital-first approach.

## Comparison

| Feature | Macquarie Bank | [CommBank (Commonwealth Bank of Australia)](https://docs.barcoder.ai/docs/wallets/commbank) (CBA; Australia's largest bank rival; CommBank app + Yello distinctive Australian banking innovation) | [Westpac Mobile App](https://docs.barcoder.ai/docs/wallets/westpac) (Australia's 2nd-largest bank by assets rival) | [ANZ (Australia and New Zealand Banking Group)](https://docs.barcoder.ai/docs/wallets/anz-australia) (ANZ; ANZ Plus distinctive Australian challenger banking innovation rival; 2024 Suncorp Bank $4.9B acquisition) | [NAB Mobile Banking (National Australia Bank)](https://docs.barcoder.ai/docs/wallets/nab) (National Australia Bank rival; NAB app) |
|---|---|---|---|---|---|
| Operator | **Macquarie Bank Limited (Macquarie Group Limited parent; ASX: MQG)** | Commonwealth Bank of Australia (ASX: CBA) | Westpac Banking Corporation (ASX: WBC) | Australia and New Zealand Banking Group Limited (ASX: ANZ) | National Australia Bank Limited (ASX: NAB) |
| Type | **Macquarie Group's Australian retail + business banking subsidiary + Macquarie Authenticator 1M+ users Jun 2025 + award-winning Macquarie mobile banking app + 2025 business banking app expansion + Macquarie traditionally branchless retail banking model** | Australia's largest bank by assets + CommBank app 9M+ MAU + Yello distinctive Australian banking innovation | Australia's 2nd-largest bank by assets + Westpac mobile banking app | Australia's 4th-largest bank by assets + ANZ Plus distinctive Australian challenger banking innovation + 2024 Suncorp Bank $4.9B acquisition completion | Australia's 3rd-largest bank by assets + NAB app + UBank digital subsidiary |
| Country | AU | AU + NZ | AU + NZ + 11 countries Pacific + Asia | AU + NZ + Pacific + Asia | AU + NZ + Asia |
| Distinctive | **1969 Hill Samuel Australia founding (Australian-UK investment banking heritage); 1981 Hill Samuel Australia spun off → Macquarie post-Hill Samuel UK reorganization; 1996 Macquarie Bank Limited Australian banking license; Jul 29 1996 ASX IPO; 2014 mobile app launch; Jun 2025 Macquarie Authenticator 1M+ users; Macquarie traditionally branchless retail banking model** | 1911 Commonwealth Bank founding by Australian Labor Party government Andrew Fisher; CommBank app 9M+ MAU + Yello distinctive innovation | 1817 Bank of New South Wales founding (Australia's oldest bank); 2008 St.George Bank acquisition | 1835 Bank of Australasia founding; 2024 Suncorp Bank $4.9B acquisition completion | 1858 National Bank of Australasia founding |

## Status

**Active, Macquarie Group's Australian retail + business banking subsidiary + Macquarie Authenticator 1M+ users Jun 2025** <sup>[1][1], [2][2], [3][3]</sup>:
- **Macquarie Bank Limited (Macquarie Group Limited parent; ASX: MQG)** since 1969 Hill Samuel Australia founding + 1981 spun off → Macquarie + 1996 Macquarie Bank Limited Australian banking license + Jul 29 1996 ASX IPO.
- **Macquarie Authenticator 1M+ users Jun 2025 + award-winning Macquarie mobile banking app + 2025 business banking app expansion**.
- **APRA + ASIC regulated**.

## Sources

[1]: https://www.macquarie.com/au/en/about/news/2025/macquarie-expands-mobile-banking-experience-for-business-customers.html "Macquarie expands mobile banking experience for business customers — Macquarie Group"
[2]: https://www.macquarie.com/us/en/about/news/2025/macquarie-authenticator-users-exceed-one-million-as-australian-banking-customers-demand-more-secure-modes-of-two-factor-authentication.html "Macquarie Authenticator users exceed one million — Macquarie Group"
[3]: https://www.macquarie.com.au/digital-banking/macquarie-app.html "Macquarie Mobile Banking app — Macquarie"
[au-cro]: https://docs.barcoder.ai/docs/payments/AU

- [1] [Macquarie expands mobile banking experience for business customers — Macquarie Group][1]
- [2] [Macquarie Authenticator users exceed one million — Macquarie Group][2]
- [3] [Macquarie Mobile Banking app — Macquarie][3]
- <sup>[Australia report](https://docs.barcoder.ai/docs/payments/AU)</sup> In-corpus: `reports/countries/AU-australia.md`

## Source

Biography extracted from [macquarie-bank.md](https://docs.barcoder.ai/source/wallets/macquarie-bank). See `matrix.md` for standards-support matrix if present.