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The Finance Sector Union is stepping up its campaign to win six per cent pay rises at Westpac and across the banking industry after it released the findings of a commissioned industry study conducted.. read more

ANZ has approached the Finance Sector Union with a view to finalising 2022 pay rises for around 20,000 Australian staff, but says it is not ready to enter full-blown enterprise talks with the union. read more

CBA has sunk more capital into loss-making Swedish buy now pay later provider Klarna despite facing a material writedown on the carrying value of its longstanding investment in the troubled company. read more

Federal treasurer Jim Chalmers has urged the Big Four banks to pass on the full 50 basis point hike in interest rates to deposit customers, with swift – if mixed – results. read more

Embattled buy now pay later provider Zip Co has begun pruning its product portfolio as part of an effort to lift the operating performance of the group. read more

Sydney-based banking aspirant In1Bank Ltd is pushing ahead with plans to secure a full banking licence by the end of the year, despite the collapse last week of investor support for rival digital star.. read more

Volt Bank founder and chief executive Steve Weston says he is “gutted” for staff, customers and shareholders by the collapse in investor support for his company.  read more

Business lending specialist Judo Bank has begun work on a “multi-year roadmap” for launching new products and services in the payments market, according to job advertisements posted on employment webs.. read more

A Cuscal payments technology expert yesterday delivered a fierce critique of the New Payment Platform’s PayTo service, arguing that trhe NPP's preoccupation with real time settlement is set to “compli.. read more

Embattled payments company Zip Co has notified customers that it will be boosting the interest rate on its line of credit product, Zip Money. read more