Unity Bank back on merger trail

Fresh from the completion, last Friday, of its merger with G&C Mutual Bank, Unity Bank is scouting around for smaller mutual ADIs to further bolster its scale. read more

Receiving banks in scams focus

AFCA has welcomed a federal government decision that will enable it to consider the actions of “receiving banks” in scam complaints. read more

BECS migration stresses RBA and industry

Batch payment processing might have an enduring place in Australia’s payments mix, amid hesitancy by the Reserve Bank to embrace the industry’s plans to migrate away from the established system for di.. read more

Industry braces for BECS bollocking

A report detailing the findings and recommendations of the RBA’s risk assessment on the transition away from the Bulk Electronic Clearing System will be published later in March, the Payments System B.. read more

Armaguard seeks perpetual aid

Keeping Armaguard in business looks like being a supremely costly exercise for the major banks and the other ‘funding parties’ that bailed the firm out nine months ago. read more