Risk management data doesn't add up

Risk managers in Australia's banking sector are on a mission to convince everyone else in the business lines to take data use and risk management more seriously. read more

Westpac sets up financial crime review

Westpac's newly appointed financial crime committee has commissioned IBM subsidiary Promontory to review the bank's failed financial crime program as it scrambles for cover in the wake of Austrac's re.. read more

Banks spending to find more customers online

Australia's largest retail banks are spending tens of millions of dollars on Google Adwords each year to attract new customers, and to retain existing clients, according to a new study tracking digita.. read more

ABA softens stance on basic accounts, farm fees

The ACCC has authorised changes to the Australian Banking Association's code of practice to prescribe criteria for basic bank accounts and, separately, not to impose default interest on farmers affect.. read more

Fintechs open new funding options

One big theme of the Australian Securitisation Forum's annual conference in Sydney is that technology has started to open securitisation funding for smaller non-bank lenders. read more

CUA sets up new growth funding option

Funding for growth in a post-Hayne world has become a lot easier for several of Australia's largest mutuals, with CUA now ready to issue a newly legislated mutual capital instrument. read more