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Influential financial services research firm Forrester has called on National Australia Bank and Commonwealth Bank to offload their mortgage broking and aggregation services arms as part of their wide.. read more

The rapid growth in deposits and lending that has marked Bank Australia's financial performance in recent years shows few signs of abating. read more

In a move that could increase pressure on the Customer Owned Banking Association to widen coverage of its code of practice, Bank Australia has confirmed that it will sign on to the Australian Banking.. read more

National Australia Bank is expected to launch merchant choice routing for contactless debit transactions to its small business customers by the end of the month. read more

Mastercard Australia has slashed the interchange fee it charges on over-the-counter debit transactions under a new pricing schedule published on its website. read more

Aggrieved financial services consumers might have to wait several years before regulators are adequately resourced to mount court actions against misbehaving and negligent institutions. read more

Westpac yesterday indicated on its website that business customers were able to select their preferred platform for processing contactless debit transactions in only ten minutes. read more

Australia's peak retail group is warning the major banks to give all retailers equal access to the Eftpos processing of contactless debit transactions after ANZ acknowledged that thousands of its merc.. read more

Competition is finally arriving in the market for processing contactless payments, with ANZ becoming the first major bank in Australia to give retailers and other merchants a choice as to how Tap and.. read more

Federal Liberal MP Craig Kelly yesterday exposed a damaging and potentially explosive new issue for the National Australia Bank during Phil Chronican's maiden appearance before the house economics com.. read more