Revenue streams dry up for Note Printing Australia 04 October 2022 5:39AM Note Printing Australia Limited is struggling to reduce its dependence on the Reserve Bank, after revenue sourced from other central banks and its passport assembly business dried up last year. read more
CBA ships another 244 Aussie jobs to Bangalore 29 September 2022 4:54AM Commonwealth Bank yesterday confirmed that it is again preparing to expand the operations of its Indian subsidiary after notifying around 244 Australian staff and contractors that their roles were bei.. read more
Reputations at stake in Westpac pay stoush 28 September 2022 4:32AM Westpac’s poor cost management is a viable explanation for its choice to play a hardball game of industrial relations that might also be seen as risky given the bank’s comparatively high rate of union.. read more
Banks face policy fallout from Optus data breach 27 September 2022 5:10AM Australia’s banking sector has a lot riding on how the Optus data breach crisis plays out over the next few months, with concerns intensifying among major banks that the scale of the telco’s data brea.. read more
NAB alerted to second scam site targeting Aussie customers 21 September 2022 5:43AM National Australia Bank appears to be the prime target of an organised fraud group operating unlicensed trading exchanges and wealth management services over the internet. read more
CBA riles union with pay offer and cuts at Bankwest subsidiary 21 September 2022 5:36AM Commonwealth Bank faces a potential backlash from unionised staff after telling the Finance Sector Union it plans to slash 14 branches at its Bankwest subsidiary and arbitrarily grant pay rise for CBA.. read more
NAB 'looking into' fraudulent Irish namesake 20 September 2022 5:41AM National Australia Bank might have to review the transaction records of some account holders to establish whether any Australian and New Zealand customers have been fleeced by a fraudulent Irish crypt.. read more
Defence Bank beats a path to real-time lending in mutual sector 15 September 2022 4:58AM Customer-owned Defence Bank has broken fresh ground in the mutual sector following the launch of an automated lending platform engineered to crunch loan approval times to less than a minute. read more
Banking experiment a drain on Challenger capital 13 September 2022 5:36AM Challenger Limited’s foray into banking has proven a costly exercise after the group poured an additional A$112 million to boost the capital base of the rebranded MyLifeMyFinance business it acquired.. read more
Government faces backlash over last resort scheme proposal 08 September 2022 5:55AM A news report indicating that the Albanese Government is set to adopt the coalition’s model for a compensation scheme of last resort in the financial services industry has triggered disappointment and.. read more