CommBank 3rd quarter earnings on track 10 May 2016 4:22PM In line with previous years' practice, the Commonwealth Bank of Australia yesterday published its unaudited cash earnings for the three months to 31 March. Earnings of about A$2.3 billion were d.. read more
CBA's capital, funding and liquidity 10 May 2016 4:21PM The second part of the Commonwealth Bank group's third quarter trading result, released yesterday to allow investors a degree of comparison across all major banks, disclosed that CBA's Basel III Commo.. read more
Banks urged to face up to tech-savvy customers' demands 10 May 2016 4:18PM Rapid changes in how customers use technology in their dealings with financial service providers pose a major challenge to existing banks. While not a revelation, it's a view that's been reinforced by.. read more
Biometrics hold key to Gen X bank customer retention 05 May 2016 3:54PM The financial services sector has to change how it promotes security and identity protection to younger emerging bank customers if it is to stay relevant in the face of non-bank challengers, a senior.. read more
Accounting for software 04 May 2016 4:35PM In discussing ANZ group's half-year results, acting CFO, Graham Hodges noted that the group had changed some capitalisation policy settings. read more
Federal Budget: Government holds onto Swan's RMBS legacy 04 May 2016 4:33PM Buried in last night's budget paper was a reminder that while the government's backing of the residential mortgage backed securities sector came to an end four years ago, it's likely that the almost A.. read more
Treasury calls for FinTech start-up tax breaks and bitcoin ideas 04 May 2016 4:31PM The government, while late to the party, has followed up its March 2016 financial technology agenda paper "Backing Australian FinTech" [LINK: http://fintech.treasury.gov.au/] with a call for suggestio.. read more
Rabobank Australia and NZ increases profit 03 May 2016 4:09PM Rabobank Australia and New Zealand Group has recorded its sixth consecutive year of profit growth, posting a net profit after tax of A$277.8 million for 2015. This represented an increase of 5.8.. read more
Customers to take control of their own data 03 May 2016 4:08PM The CeBIT business technology conference started yesterday, and the line-up included a stream on "Financial Technology: Shaping the future of financial services". read more
Banks to partner or replicate fintechs to stay relevant 03 May 2016 4:07PM Another theme evident in the fintechs stream at CeBIT was a clear focus on the SME market. read more