Mutual ADIs stir amid decline

Asset growth is above system while profit and capital are stable for mutual banks, mutual building societies and credit unions. But even so, their ranks dwindle each year. read more

Industry has until 2019 to 'accumulate capital'

Banks in Australia will have until the end of 2018 to prepare for the final form of the "unquestionably strong" capital standards flagged for the sector, and APRA chair Wayne Byres told a Finsia forum.. read more

ACCC kicks off Cashcard inquiry

A routine ACCC inquiry is underway into DC Payment's acquisition of First Data's Cashcard ATM business. The buyer is already at work seeking to lock customers into longer term contracts. read more

Share bonus ditched for most ANZ staff

No bonuses will be paid to most ANZ staff this year, thanks to the bank's lacklustre 2016 profit. High performing branch managers are also on notice to expect "tough conversations" at annual reviews. read more

ATM pair count on cash resilience

Two independent ATM operators, Next Payments and Total ATM, have combined. Next claims to have sustained demand in an industry that is under siege from the growth of non-cash payments. read more