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Interchange fees in New Zealand may be slashed hard, if one of the preferred reform options outlined by the Commerce Commission ends up being adopted. read more

American Express will pay a penalty of $8 million following a ruling by the Federal Court that the cancelled application rates for the DJs Amex Cards two years ago were a circumstance that would reaso.. read more

AFCA had found that Commonwealth Bank has no liability to compensate a customer who contended medical costs incurred overseas were the result of the bank mishandling payment instructions. read more

The Australian Information Commissioner has upheld the draconian secrecy provisions in the APRA Act. This is a shame, since they stink. read more

Receivables are in decline and bad debts and arrears are climbing at Zip. read more

After years of testing the market, Bendigo and Adelaide Bank has finally found a buyer for its Homesafe division. read more

Four of the six largest banks have refunded or will refund more than $28 million to low income customers following a collaborative ASIC review. read more

Linfox Armaguard is undergoing an overhaul, establishing two ‘operational boards’. read more

Teachers Mutual Bank is the benchmark in Australian banking, with a member satisfaction rating of 95 per cent. read more

Two state governments are stepping forward to make eConveyancing interoperability a commercial reality. read more