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Credit Union Australia said it has joined a small group of banking providers to collaborate with a "banking innovator", Pivotus Ventures, described as an "innovation studio" in Silicon Valley. read more

Loan data from Thomson Reuters shows that after a strong second quarter, boosted by the sale of a controlling interest in Endeavour Energy, July was a slower time for local banks. read more

ANZ intends to offer a new Additional Tier 1 capital security next week to raise up to A$1 billion. read more

Australia's increasingly diversified non-bank global financial services player, Pepper Group, has entered into an arrangement with an entity controlled by US private equity firm KKR. read more

The first first listed investment trust to offer a "direct, diversified exposure" to Australia's corporate loan market has been launched, seeking funds to onlend to hand-picked midmarket borrowers. read more

This year, most of Commonwealth Bank's six divisions contributed higher earnings to the group's result for the year to June, although with earnings growth unevenly spread between divisions and betwe.. read more

In seasonally adjusted terms, the total value of dwelling finance commitments, excluding alterations and additions, rose 0.8 per cent in the month. read more

Australian customers would prefer to resolve their basic banking issues without having to deal with a human being, according to a new survey by market researcher, YouGov. read more

A study of risk culture across the financial services sector by a team of Macquarie University researchers has demonstrated that profit-based incentives can adversely impact compliance. read more

Proceedings launched by AUSTRAC against CBA for persistent and long-running failures to comply with Anti-Money Laundering and Counter-Terrorism Financing regulations show that AML/CTF programs are poi.. read more