Constant pressure for a single trans-Tasman regulator 13 December 2017 5:52PM There is ongoing "natural tension" in the relationship between the Big Four banks and the New Zealand Government and banking regulator, said former New Zealand Prime Minister Bill English. read more
Briefs: CBA turning the taps on, ANZ propping up UDC 13 December 2017 5:48PM From the second half of next year, CBA business customers will be able to accept payments of up to A$100 by just tapping on their Samsung phone with a contactless card or mobile wallet. read more
Foreign news: Borrowing for bitcoin, UK banks forced to fess up 13 December 2017 5:46PM Bitcoin's surge in value is being driven by "millions of individual Asian investors" but US investors are also borrowing to buy the crypto-currency. read more
ASIC slams Westpac hedges to close rates trial 12 December 2017 5:52PM ASIC is asking a Federal Court judge to reject much of the evidence of a senior executive from Westpac's treasury in a civil case centred on alleged misconduct in the bank bill market six years ago. read more
NZ Finance Minister happy with RBNZ pick 12 December 2017 5:49PM New Zealand Superannuation Fund Chief Executive Adrian Orr will take a pay cut to become the next Governor of the Reserve Bank of New Zealand when acting Governor Grant Spencer retires at the end of M.. read more
Brief: Apple Pay rumours resurface 12 December 2017 5:46PM Westpac and NAB last night moved to downplay rumours circulating in the payments industry that they have entered strategic talks with Apple Pay. read more
Foreign news: HSBC reprieve, Bitcoin futures launch, Russian hackers pocket millions, P2P boom in UK 12 December 2017 5:42PM The US Department of Justice has dismissed the deferred criminal charges that have been hanging over HSBC since the bank was fined for money laundering and sanctions breaches five years ago. read more
ADVERT: Staying ahead of the Digital Banking Revolution… 12 December 2017 9:20AM With Banking and Finance being one of the key industries most impacted by new digital technologies in Australia, there are now incredible opportunities for Banks, Credit Unions, Mutual Funds, and Fi.. read more
Westpac optimists on inquiry path 11 December 2017 4:51PM Rebuilding the banking industry's reputation "is a top priority", Brian Hartzer, managing director of Westpac, told the bank's annual meeting on Friday. read more
Foreign News: ATM warning for the UK, Brits go digi 11 December 2017 4:49PM Independent cash machine operators NoteMachine and Cardtronics are pushing back at plans to cut the interchange fees charged to card issuers for cash withdrawals. read more