Banks slash ATM fleets as utility talks collapse 18 October 2018 6:30PM Most banks are paring their ATM fleets as demand for cash declines and fee-free customer access to all bank-owned machines erodes the profitability of operating large networks. read more
Former Wodonga credit union boss faces criminal charge 18 October 2018 6:26PM A former chief executive of a rural Victorian credit union faces up to five years jail after he allegedly withheld knowledge relating to a rigged board election in 2015. read more
Customer remediation chews into NAB profit and capital 17 October 2018 6:06PM Remediation of National Australia Bank's delinquent treatment of its customers will wipe at least A$314 million from its second half profit to be unveiled on 1 November. read more
ANZ digs in against AusPost fee hike 16 October 2018 5:39PM Australia Post is locked in a bitter standoff with ANZ over the bank's refusal to cough up the $22 million annual community fee agreed to by the three other major banks. read more
Aussie shareholders lose control of former UK arm of NAB 16 October 2018 5:37PM Thousands of National Australia Bank shareholders who acquired ASX-listed scrip in the CYBG PLC business that was spun out of the group three years ago could soon lose control of the company after Bri.. read more
CBA faces $100m super fund class action 11 October 2018 7:02PM Major litigation law firm Slater & Gordon is mounting a Federal Court class action against CBA's Colonial First State for allegedly parking its super fund members' cash in the bank's own low-yield.. read more
Lenders put the squeeze on brokers to show AFCA credentials 10 October 2018 6:10PM Home lenders have begun warning mortgage brokers they face losing accreditation if they cannot show they have registered with the financial sector's new consumer complaints authority. read more
New Beem It CEO keeps trademark fight under wraps 10 October 2018 6:09PM One of the big challenges facing Angela Clark - the new boss of instant payments provider Beem It - could be a comprehensive rebrand of the business. read more
Volt eyes deposit customers via PayPal deal 10 October 2018 6:08PM Startup financial services provider Volt bank has negotiated a strategic hook up with global online payments player, PayPal. read more
AusPost scores fee windfall under watershed CBA deal 09 October 2018 6:26PM Australia Post has confirmed that mutual banks and credit unions will not have to pay an annual "community representation fee" to participate in the Bank@Post banking service, but will potentially fac.. read more