Ex-ANZ risk specialist lands top role at Westpac 14 November 2017 5:19PM Former ANZ senior executive David Stephen will make a comeback to Australian banking at Westpac next year. read more
Tap 'n Go fee rort on death row 14 November 2017 5:17PM Major banks are facing a regulatory crackdown on a controversial debit card practice that automatically routes contactless payments to expensive networks owned by Mastercard and Visa. read more
eftpos hooks into Android Pay 14 November 2017 5:13PM eftpos has taken a big stride into the fast-growing contactless payments market after tying a deal with ANZ and Cuscal to accept Android Pay transactions through its platform. read more
Banks answer capital calls from NPP Australia 08 November 2017 6:04PM Banks and other payments providers last year more than doubled their investment in NPP Australia - the corporate entity managing the rollout of the New Payments Platform. read more
NAB, Westpac lead late fee grab 08 November 2017 6:03PM A review of movements in late fees conducted by Banking Day in the wake of Maurice Blackburn's failed exception fees test case last year shows that NAB and Westpac have been the most aggressive fee hi.. read more
NPP Australia acknowledges errors 08 November 2017 6:01PM NPP Australia might have to re-lodge its 2017 accounts with ASIC after the company was alerted to reporting errors in the notes to the financial statements. read more
Funding levy hits Westpac the hardest 07 November 2017 6:10PM The Federal Government is on track to collect A$1.55 billion in the current financial year through its controversial wholesale funding levy, but the net additional tax take from the four major banks a.. read more
ANZ claims social justice warrior status 07 November 2017 6:06PM Baby boomer directors and senior executives at ANZ have tapped the social justice lingo of the protest era to word up the bank's messaging to stakeholders in the 2017 annual report. read more
The secret history of CBA's new Beem business 01 November 2017 5:50PM There is a problem with new mobile payments app Beem and its claim to becoming an industry standard for payments on a par with the status of the eftpos network and BPay. read more
NAB displaces CBA in business deposits 01 November 2017 5:48PM National Australia Bank has reclaimed the mantle of Australia's largest destination for corporate and business deposits after Commonwealth Bank suffered a net outflow of deposits from business custome.. read more