Tap 'n Go fee rort on death row

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

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

NAB, Westpac lead late fee grab

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

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

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

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

NAB displaces CBA in business deposits

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