Unfair card practices inb a rut 19 December 2018 5:21PM A second ASIC report into changes lenders are making to allow their customers to cope more effectively with credit card debt can best be described as a mixed report card. read more
Card fraud rates keeep climbing 19 December 2018 5:20PM The year to 30 June 2018 saw card fraud in Australia climb to A$565 million, an effective growth rate of 4.8 per cent, a consequence of rising card-not-present fraud. read more
ABC pans ASIC: Elliott left off ANZ rate rig list 14 December 2018 5:45PM The ABC has asserted that Federal Court documents show the bank's current chief executive, Shayne Elliott, at one stage took a far more active role in plans to manipulate the BBSW in 2010 than has bee.. read more
Westpac AGM showcases shareholder discontent 13 December 2018 6:00PM Westpac's AGM involved a wide ranging discussion on topics as far apart as climate change and new accounting standards for loss provisioning in the lead-up to the very heavy first strike against th.. read more
Avoka leaps to Temenos 13 December 2018 5:41PM The mid-sized Australian banking technology company Avoka is to be acquired by Geneva-headquartered banking software company Temenos for US$245 million. read more
Macquarie Group given positive outlook by S&P 12 December 2018 4:40PM Major ratings agency Standard and Poor's revised their outlook on Macquarie Group from stable to positive on the back of the group's move to a simplified structure, and the absence of any adverse test.. read more
BOQ banker becomes a cash convert 07 December 2018 5:45PM Bank of Queensland has lost another of its top executives with the resignation yesterday of Brendan White, group executive BOQ Business, to take up a role as CEO of payday lender Cash Converters. read more
Banking all mobile 07 December 2018 5:43PM Market research firm Roy Morgan has found that a rapid rise in mobile phone banking has caused an equally large fall-off in bank branch visits, although branches are still valued by high-income househ.. read more
CUA challenges banks on digital 07 December 2018 5:19PM Australia's largest credit union, CUA, is continuing its push into digital banking with a new personal banker instant messaging app. read more
Sutton resigns as BOQ chief 06 December 2018 5:17PM After six years with Bank of Queensland, its managing director and chief executive officer, Jon Sutton, has resigned to focus on his long-term health. The move follows his triple heart bypass operatio.. read more