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While major banks sweat over the expected decline of eftpos volumes in coming years, credit cards are already floundering, according to an analysis of APRA data published by MWE Consulting. read more

A challenge from Commonwealth Bank in the health payments sector aims to disrupt NAB's Hicaps platform.  Former NAB chief executive, Cameron Clyne, is the chair, and also a major shareholder in C.. read more

Reforms to the system of managing unclaimed bank deposits by the former Gillard Labor government (reforms that were later reversed) delivered a revenue windfall to the Commonwealth. read more

Latitude Financial is growing market share in the Australian personal loan market even though its receivables portfolio barely moved in the 12 months to the end of June. read more

If Latitude wants to boost broker originations of its suite of personal loan products it will need to fix long-running problems with its approval process. read more

A disclosure made yesterday by ASIC executive Michael Saadat has triggered concern among senators over the transparency of recent evidence given by Westpac chief executive, Brian Hartzer to a parliame.. read more

Police Financial Services Limited, the Victorian-based customer owned bank that trades under the BankVic brand is mulling strategic proposals to expand its business nationally. read more

National Australia Bank says it will not look to monetize new services delivered to merchants and consumers through its recently launched health payments platform known as HICAPS Go. read more

Market share gains by non-bank money transfer providers such as OFX, World First and TransferWise have prompted CBA to slash its high fees for online transactions, but it still remains an expensive pr.. read more

ANZ Bank yesterday hurled a curveball at Westpac after it decided to settle the much-publicized rate-rigging case brought by the Australian Securities and Investments Commission. read more