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Entrants in the payments market can expect to save A$1.6 million a year in annual compliance costs once the current framework for registering specialist credit card institutions is dropped. read more

The aggregate shortfall in the capital of large, internationally active banks was €57.5 billion at December 2013 under the Basel III framework, the Basel Committee on Banking Supervision has reporte.. read more

Bank regulator APRA is pondering the merit of compelling banks to apply larger interest rate payments buffers when assessing home loan applications. read more

Banking regulators will unwind one prop of the last decade's reform agenda for payments and once again leave it to credit card schemes to decide which entities can join. read more

Glenn Stevens, governor of the Reserve Bank of Australia, told the House of Representatives economics committee that further rapid increases in household debt could be "trouble". read more

Dollar volume processed by PayPal in Australia on mobile devices exceeded A$2 billion in 2013, Adrian Christie, head of communications, said yesterday. Christie said this was up from only $35 million.. read more

PayPal has provided a few more crumbs of data on its business in Australia. read more

Two niche ADIs making plans to adopt bank status have registered a range of names for trademark protection. read more

Data submitted to a Productivity Commission inquiry shows the Clean Energy Finance Corporation has invested only a further $30 million or so since last September's Federal election. read more

Research from Commonwealth Bank has clarified the extent of the decline in spreads on high-end corporate loans over the last year, one of the factors containing margins for big banks. read more