Debit cards' popularity continues, while ATMs decline 13 April 2018 5:00PM The RBA numbers on credit and debit card balances for February 2018 show some notable changes, and reinforce some well-established trends. read more
Brief: mortgage delinquencies slow-down, Kiwi fraudster may be hitting up Sydney developers, busines 13 April 2018 4:56PM Moody's Investors Service, in its half-yearly report on Australian mortgage delinquencies, said it expected this metric to increase "moderately" through 2018 on softer housing market conditions. read more
Foreign News: Fed to cut capital requirements for biggest banks, Deutsche on credit watch 13 April 2018 4:54PM The US Federal Reserve is proposing to cut the amount of capital the US's largest banks are required to hold by revising the way a key leverage ratio is calculated. read more
Briefs: ANZ's deputy CEO calls time, AUSTRAC rules on cryptocurrency exchanges, rate hike will be a 12 April 2018 5:13PM Veteran ANZ executive Graham Hodges has announced he will depart the bank next month, drawing the curtain on a 30-year career in the banking sector. read more
Foreign news: End of cash will not end ATMs, UK talks tough on money launderers' advisers, five go t 12 April 2018 5:00PM Cash use is declining in many developed economies, but the 3.8 million ATMs currently in use globally have many other uses and their number is expected to grow. read more
IMB hits investment grade 11 April 2018 4:45PM Fitch Ratings has assigned IMB Ltd a long-term issuer default rating of 'BBB+' with a 'Stable' outlook - ranking the Illawarra-based mutual bank at the lower end of investment grade. read more
Foreign news: The voice for US financial service consumers goes mute, the big bucks are still in Lon 11 April 2018 4:41PM Since Donald Trump became US President, not a single enforcement action has been taken against banks, credit card companies, debt collectors or finance companies by the US Consumer Financial Protectio.. read more
Briefs: CBA may face class action, South upgrades credit union books 10 April 2018 4:14PM Litigation law firm Phi Finney McDonald is preparing a class action against the Commonwealth Bank of Australia, on behalf of large US pension funds and other investors. read more
'Fees for no service' bill tops $50m for ANZ 09 April 2018 3:11PM ANZ and ASIC have documented the total cost of compensation for customers of the bank's financial planning business, charged in part for services never provided. read more
Training deficit exposes banks 09 April 2018 3:08PM The time and quality of training provided for bank staff, and the staff of suppliers for banks, is one theme being pushed by the Finance Sector Union at the Hayne royal commission. read more