Xinja Bank hooks up with Drivewealth for US share trading 21 July 2020 6:43AM Xinja Bank is set to expand its product suite with the launch of a share trading service aimed at existing deposit customers and local investors. read more
ASIC mulls new appeal in Westpac lending case 16 July 2020 6:00AM ASIC boss James Shipton has revealed the regulator is mulling whether to lodge another appeal in its unsuccessful responsible lending case against Westpac. read more
McPhee departure stokes ME sale talk 15 July 2020 6:34AM After more than 30 years in the retail banking caper, outgoing ME Bank chief executive Jamie McPhee says he is not sure whether he will make a return to the industry. read more
AMP Banking core spared S&P group downgrade 14 July 2020 6:25AM The David Murray-led AMP board is expected to come under renewed scrutiny ahead of the interim profit result next month after S&P chopped the long term credit rating of the embattled financial ser.. read more
BDO administrators take control of Wirecard’s Aussie arm 14 July 2020 6:22AM Wirecard’s Australian and New Zealand businesses were officially placed in voluntary administration yesterday afternoon. read more
Spotlight on AMP’s Fraser after P&N director discloses looming conflict 09 July 2020 7:03AM Police & Nurses Bank board member Julie Elliott says she has disclosed her involvement in a new banking startup to P&N’s chairman and her fellow directors, and will stay in her role at the Per.. read more
Banking aspirant eyes slice of Bank of China’s Aussie pie 09 July 2020 7:01AM Bank of China’s rapid growth in the under-served Chinese-Australian consumer banking market is set to be challenged by a new Melbourne-based financial services aspirant. read more
Pandemic helps to drive record NPP activity 08 July 2020 6:26AM The New Payments Platform posted a record month of transaction activity in May as Australian consumers increased their use of Osko payments and online shopping sites. read more
Monoova reports leap in transaction volumes 07 July 2020 5:57AM Online payments facilitator Monoova believes that small ecommerce retailers are now able to lower their acceptance costs by as much as 50 per cent by leveraging the New Payments Platform and side-step.. read more
Consumer advocates call on ANZ to remove redraw ban 06 July 2020 4:46AM Consumer advocates have called on ANZ to reopen access to redraws for home borrowers currently deferring loan repayments under Covid-19 assistance packages. read more