One in five excluded from finance 12 June 2013 4:23PM 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 12 June 2013 4:16PM 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 11 June 2013 4:45PM 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 11 June 2013 4:42PM 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
Digital channels soar at Bank of Melbourne 11 June 2013 4:39PM An effective digital strategy will "help get customers to be the advocate" for a banking business, one of Westpac's senior executive said on Friday. read more
Asia IT spend benefits ANZ 07 June 2013 4:45PM 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 07 June 2013 4:43PM 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 06 June 2013 4:52PM 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 06 June 2013 4:48PM 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
Community bank yield nine per cent 05 June 2013 2:37PM Bendigo and Adelaide Bank said it paid out A$1.1 billion to owner of franchised Community Bank since developing the business model 15 years ago. read more