NAB rejigs executive lineup 26 August 2021 6:13AM National Australia Bank has reshuffled its senior management team after appointing long-serving senior executive Angela Mentis as the new group chief digital, data and analytics officer. read more
Cost blowouts fling Zip to $653 million loss 26 August 2021 6:11AM Cost blow outs and asset writedowns crunched the bottom line performance of leading buy now pay later provider, Zip Co Limited, in the 12 months to the end of June. read more
Former AMP boss earmarked for industry return 25 August 2021 6:14AM Controversial former AMP chair Catherine Brenner has been appointed to lead the board of the proposed merged entity for Australia’s three domestic payments schemes. read more
Heartland upbeat on profit 25 August 2021 6:13AM Reverse mortgage specialist Heartland Group has posted a record full year profit following a recovery in lending activity and lighter impairment expenses. read more
PSB’s fanciful take on retail payments 24 August 2021 6:11AM The Payments System Board has given a glowing assessment of the retail payment system’s performance during the global pandemic, despite recurring outage problems at two of the country’s major banks. read more
Banks taking more than a year to detect data breaches 24 August 2021 6:09AM Banks and other financial institutions are struggling to identify reportable breaches of customer data, according to new statistics published by the OIAC. read more
ANZ tries to ‘automate’ misfiring mortgage systems 19 August 2021 6:36AM ANZ has conceded publicly for the first time that it has been bleeding mortgage borrowers to other lenders since January and has implemented measures to fix problems in its loan assessment and broker.. read more
CBA sets StepPay service 18 August 2021 6:10AM Speculation is mounting that Commonwealth Bank is finally about to launch its proprietary buy now pay later service. read more
Westpac faces prospect of selling PNG arm to Chinese bank 18 August 2021 6:08AM Westpac could soon find itself at the centre of a vexing geo-political controversy as the odds fade on its effort to sell its Pacific banking business to Papua New Guinea’s Kina Bank. read more
Margin erosion and dilutive UP buyout crunch Bendigo 17 August 2021 5:52AM Bendigo and Adelaide Bank’s share price was hammered on Monday after a slide in its lending margins prompted investors to question whether it could maintain lending momentum. read more