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The Morrison government is set to pull the website of Commissioner Kenneth Hayne’s 2018 inquiry into misconduct across the financial services industry even though many of his recommendations are not y.. read more

Perth-based banking group, BNK, has announced plans to exit mortgage aggregation after striking a deal to offload its Finsure subsidiary. read more

Longstanding victims of crimes and professional misconduct in the financial services industry are hoping that 2022 will be the year that federal lawmakers finally deliver for their decade-long battle.. read more

Federal Treasurer Josh Frydenberg has flagged sweeping reforms that will bring alternative private currencies and emerging payment methods within the regulatory ambit of Australia’s financial regulato.. read more

Australia’s long-suffering charge card market has staged a big recovery in volumes this year following a surge in usage by longstanding consumer and corporate cardholders. read more

The Diners Club charge card franchise will be acquired by National Australia Bank as part of its acquisition of Citigroup’s local domestic banking business after the parties agreed to a string of “add.. read more

ANZ chief Shayne Elliott’s claim at the full year results that his bank’s home loan assessment processes were “seeing improvement” has proven premature with turnaround times on mortgage applications b.. read more

The ASX-listed scrip of digital payments provider Novatti rallied on Tuesday after the company indicated that a decision regarding its application for a restricted banking licence would be known by th.. read more

Beforepay chairman Brian Hartzer has moved to douse suggestions that he baulked at putting his signature to the company’s latest full year accounts because he felt uncomfortable with the financial per.. read more

The Reserve Bank has appointed an internal candidate to replace Dr Tony Richards in the pivotal role leading the payments policy department. read more