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ANZ's accident prone Kiwi banking subsidiary has been placed in a regulatory straight jacket by the Reserve Bank of New Zealand, with the bank ordered to appoint independent experts to evaluate its co.. read more

Digital payments services provider, Verrency, has appointed veteran Mastercard executive Jan McGrath to its global advisory board. read more

Westpac is poised to announce a major redundancy program in its BT Financial Group subsidiary as early as next week following its strategic decision in April to exit financial advice. read more

NAB and Australia Post are poised to form a trust services joint venture aimed at shielding online merchants and shoppers from the threat of identity fraud. read more

AMP Bank has abandoned plans to replace its core banking system after terminating its relationship with digital platform provider, Temenos. read more

The Reserve Bank's Payments Policy Department has recommended measures to improve the performance of the RITS platform following an outage that paralysed its operation last August. read more

National Australia Bank's economics team has turned bearish on the near-term direction of the Australian economy, arguing that most key macro indicators are set to deteriorate in the second half of th.. read more

Alternative credit provider Zip Co Ltd is boosting its revenue line as it accelerates its program to widen acceptance of its payment service among mass market retailers across the country. read more

Global payments services provider Verrency is stepping up its pitch to Australian and international banks after completing the final tranche of a A$20 million 'Series A' capital raising. read more

Mark Hewitt will take on the newly created role of general manager of industry and partnership development at AFG. read more