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Loss-making Perth bank BNK Banking Corporation has copped a six-figure penalty from the prudential regulator after it was hit with 18 infringement notices for late submission of financial data. read more

A string of companies that monitor, grade and rank the creditworthiness of millions of Australian borrowers are themselves scrambling to keep their businesses ticking over. read more

One of the curiosities of trading on the ASX towards the end of June each year is the heavy buying activity of Macquarie Group in its own stock. read more

ANZ chief Shayne Elliott’s hopes of buying back market share through the acquisition of Suncorp’s banking arm could hang on whether the competition regulator accepts the market impact assessments of i.. read more

Commonwealth Bank’s award-winning banking platforms suffered a monster outage on Monday after attempts to upgrade the company’s mobile app at the weekend appeared to trigger a meltdown across its reta.. read more

One of the most successful and enduring innovations of Australian banking -Bendigo’s Community Bank program– turned 25 on Monday. read more

National Australia Bank faces possible scrutiny from regulators over the wording of a document issued to Australian retailers and other merchants that suggests they are not able to surcharge debit and.. read more

Emerging payments company Zepto last night confirmed that it has made 20 per cent of its workforce redundant following a strategic review of its operations. read more

The failure of local banks to improve the efficiency of debit card processing for Australian merchants since 2017 has prompted the Reserve Bank to widen its payments reform agenda. read more

ING and Westpac’s regional banking arms have dished up more evidence of the vigilant lending mindset that has been reasserted in the housing finance market in recent months. read more