Brief: Wearables not bearable for payments 29 July 2016 3:56PM Market research conducted earlier by RFi Global into emerging payment technologies has found Australian banks' customers were far more likely to favour payments systems run using biometrics, such as f.. read more
Foreign news: Lloyds cuts job numbers again 29 July 2016 3:55PM Lloyds Banking Group is cutting 3000 jobs and closing 200 branches. read more
Banks target Apple's 'technical lockout' 28 July 2016 4:21PM A group of banks has made an application to the Australian Competition and Consumer Commission to negotiate collectively with mobile wallet providers. read more
Correction: Newcastle Permanent Building Society 28 July 2016 4:19PM An article published in Banking Day on Monday, "Toyota Motor Credit well received on debut", reported that last week Newcastle Permanent Building Society added A$110 million to a line of floating-rate.. read more
Briefs: BT appoints Australian CEO, ANZ appoints Laos CEO 28 July 2016 4:18PM BT Investment Management has appointed Michael Bargholz as chief executive Australia. read more
Foreign news: UK credit card issuers offer more than three years interest free 28 July 2016 4:15PM UK consumer website MoneySavingsExpert.com lists five credit card issuers currently offering zero rate balance transfer offers for three years or more. read more
Briefs: BBSW administrator wanted, High Court to rule on ANZ late fees class action 27 July 2016 4:18PM The Australian Financial Markets Association has hired Ernst & Young to advise on the selection of a new administrator of the bank bill swap rate. read more
Foreign news: Higher US credit card losses expected, NatWest may charge to hold deposits, Visa and P 27 July 2016 4:07PM Compared to the second quarter of 2015, the percentage of credit card loans at least 30 days late increased during 2Q 2016 at many large credit card issuers. read more
Smartgroup continues its vehicle leasing roll-up 26 July 2016 4:20PM Fleet management and leasing specialist Smartgroup has made its second acquisition in a month, announcing yesterday that it had entered into an agreement to buy novated leasing and salary packaging ad.. read more
Briefs: Auswide's new chief customer officer, P2P benefits from tight bank lending, Craig Rice and N 26 July 2016 4:12PM Auswide Bank said it hired Damian Hearne as its chief customer officer, a new position. read more