No slowing of pace for Xero 27 June 2014 3:41PM Cloud based accounting software provider Xero has signed up three more Australian financial players, albeit small regional operators. read more
Banking consumers go on strike after fraud 27 June 2014 3:40PM A global fraud study of more than 6,000 consumers across 20 countries, including Australia, has shown that, in contrast with the rest of Asia-Pacific, consumer behaviour in Australia and New Zealand t.. read more
NAB to bulk up on loans, credit cards, insurance cross-sell 26 June 2014 3:54PM National Australia Bank is looking to raise the performance of some of its underutilised retail bank divisions, notably personal loans and credit cards, Gavin Slater, the bank's group executive for pe.. read more
Banks' analytics key to super fund innovation 26 June 2014 3:52PM Banks will become product innovators, capable of wresting large scale market share from incumbent super fund managers thanks to their existing relationships and access to financial data on millions of.. read more
nabtrade give away real-time securities data service 26 June 2014 3:48PM In what it claims to be an Australian first, nabtrade clients will be able to watch all securities market price changes in real-time without the need to refresh their web browsers. read more
COBA rails against multi-brand 'confusion' 20 June 2014 3:58PM The Customer Owned Banking Association has again called for a crackdown on what it calls "misleading and confusing banking information given to consumers", this time in its submission to the Competiti.. read more
Banks' core protected, digital services need work 20 June 2014 3:56PM The core operations of "traditional" banks, such as deposit taking, are well protected from digital disruptors such as PayPal but there are threats to areas not as reliant upon the balance sheet, in p.. read more
Fitch to monitor LMI claims coverage 20 June 2014 3:54PM Fitch Ratings is to introduce new indices to cover payment rates of claims submitted to lenders' mortgage insurance providers (LMI) across prime residential mortgage-backed securities. Fitch said this.. read more
Businesses drag out payments to suppliers 19 June 2014 3:47PM The latest round of invoice payment data analysis by Dun & Bradstreet has shown business-to-business payment times slowing to an average of 56 days during the first quarter of 2014, the lowest rat.. read more
GE Capital Finance likely to be fined $1m for misleading customers 18 June 2014 3:56PM GE Capital Finance Australia is likely to pay a penalty of A$1 million as part of an agreement with the Australian Securities and Investments Commission. read more