One in five excluded from finance

Vendors of banking and insurance services are struggling to reach almost 18 per cent of the population, research by the Centre for Social Impact suggests. read more

Axed EzeATM CEO seeks board spill

A fraud at a cash carrier cost EzeATM A$256,000. This and other reasons have led to a cut in projected profits and may be why the company's CEO was fired, a decision he is not taking well. read more

DirectCash lifts ATM fees

DC Payments Australia will lift the user fee at most of its ATMs to A$2.80, from $2.50, from the beginning of July, making the independent automatic teller machine network the most expensive in the.. read more

Rent-seekers impair NFC payments

Too many "players think they can get in the middle and earn a rent" from contactless payments, says Kelly Bayer Rosmarin, executive general manager at CBA. read more

Asia IT spend benefits ANZ

ANZ hopes to have a more uniform experience for customers undertaking self-service banking, with tools developed for the bank's Asian operations being adapted for its domestic markets. read more

AMP Bank will repair margins

Standard & Poor's raised its long-term issuer credit rating on AMP Bank to A+ from A yesterday. The short-term issuer credit rating remains at A-1. read more

Australia no leader on liquidity

It is a fallacy to portray the timetable for liquidity rules' reform for banks in Australia as being ahead of the world, John Laker, chair of the Australian Prudential Regulation Authority, argued a.. read more

Mt.Gox shy of Technocash

Sydney funds' transfer company Technocash has found one of its key counter-parties is wary of continued dealings it less than a week after US authorities listed some Technocash bank accounts in a li.. read more