ANZ Banking Group will soon offer its customers free financial coaching with a revamped digital transaction and savings account, that will eventually allow full home loan approvals in 10 minutes, in the first tangible result of a $400 million technology transformation called ANZx.

About 300 ANZ employees are already using the new app which ANZ’s digital banking head, Maile Carnegie, says will be launched this month and upgraded next year to include speedy loan approvals.