Eftpos enters an earnings sweet-spot 26 November 2020 6:26AM Scheme fee increases and higher transaction volumes flowing from the introduction of least cost routing helped Eftpos Australia to more than double its bottom line earnings last financial year. read more
Ardern Govt puts the heat on RBNZ to tackle soaring property prices 25 November 2020 6:21AM There’s a ‘social credit’ style of thinking in the Ardern Government’s attempt to rework the remit of the Reserve Bank of New Zealand’s Monetary Policy Committee to take specific account of how its de.. read more
Bank of China deepens push into Aussie banking 24 November 2020 5:51AM Bank of China Australia Limited has embarked on an end-of-year hiring blitz as its business continues to generate record loan volumes and deposit inflows. read more
Small lenders take aim at TFF 19 November 2020 6:15AM Non-bank lenders and recently licenced ADIs are calling on the Reserve Bank to launch an urgent review into the allocation criteria for its $200 billion Term Funding Facility, arguing it has dramatica.. read more
NAB to reopen branches after hoax security threat 19 November 2020 6:07AM National Australia Bank branches are set to reopen this morning after a hoax bomb threat forced the country’s third largest bank to close its entire network on Wednesday. read more
Former Volt Bank co-founder set to launch new Asian fintech 18 November 2020 6:11AM Former Volt bank co-founder and deputy CEO Luke Bunbury is preparing to launch a new financial services business aimed squarely at retail banking consumers. read more
ASX meltdown raises risks for hedge fund lenders 17 November 2020 5:58AM Futures traders, broking houses and investment banks face potential losses this morning when the ASX trading platform reopens after a crippling meltdown on Monday. read more
Universal free ATM access doomed as monolines carve up market 12 November 2020 6:21AM Lindsay Fox’s Armaguard business - the country’s largest independent ATM operator – has begun to rebrand its national network after acquiring parts of the ANZ and CBA fleets earlier this year. read more
Note Printing Australia recoups cash 12 November 2020 6:20AM Reserve Bank subsidiary, Note Printing Australia, has recouped more than $1 million in legal expenses from four former employees who were charged but never convicted over their alleged involvement in.. read more
NPA turns a profit and no dividend 12 November 2020 6:18AM Note Printing Australia has posted a turnaround in earnings performance despite suffering a revenue dip in the 12 months to the end June 2020. read more