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A majority of banks believe their payments infrastructure will need to be replaced or renewed by 2021, but cannot make a clear business case to support the necessary investment, a new report contends. read more

If Australia's major banks have retained any vestiges of complacency, that will be rubbed out by the comments from the Lafferty Banking 500, which rated 500 banks from 73 countries for their overall q.. read more

Two of Australia's Big Four banks appear to have discovered this week that glossy sustainability reports and fine sounding media releases on climate change initiatives might finally have a real price.. read more

Emerging "regtech" Identitii Limited can now be added to the growing band of ASX listed Australian start-ups, now that 25 per cent of the company has been floated. read more

Non-bank, non-ADI lender, Liberty Financial, has reported a 10 per cent increase in its consolidated pre-tax profit in 2018 of A$83.9 million, up from $76.3 million in 2017, courtesy of business the b.. read more

Global credit card issuer and provider Visa will enlist a group of multi-national and local payments systems providers to work on a project to make "the online payment experience easier and more secur.. read more

While most of the developed world is experiencing steady mid-single figure growth in non-cash transactions, Australia continues to power ahead at more than 10 per cent annually and shows no signs of s.. read more

Slackening trade credit management and an unwillingness among debt recovery teams to chase down difficult business debts are two trends to emerge from a mid-year survey of 300 trade credit managers by.. read more

Westpac chief executive Brian Hartzer, appearing in front of the House of Representatives economics committee for the first time since the banking royal commission began, was forced to take a more con.. read more

Newcastle Permanent's annual result of A$43.8 million net profit after tax (as at 30 June 2018) was up 12.4 per cent on the prior year, courtesy of some of the best customer metrics in the retail bank.. read more