3

The Bulk Electronic Clearing System should not be closed until “a ubiquitous batch service is available for all payments." read more

Still growing above system, Qudos Bank is on track for its merger with Bank Australia, scheduled for 1 July 2025. read more

APRA says it is reviewing the thresholds used to distinguish between significant financial institutions and non-significant financial institutions “that benefit from simpler and lower requirements in.. read more

Andrew Irvine, NAB CEO, yesterday announced a raft of executive changes. read more

ANZ has made a (secret) deal with the Australian government not to sell its Pacific operations to a Chinese bank. read more

APRA on Friday cautioned that mutual banks had better hike their investment spend on a number of fronts. read more

Bankwest’s home loan satisfaction has crashed following its decision to close all branches. read more

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

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

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