352

New Zealand Post will not be able to supply much more capital to Kiwibank. Michael Cullen, chair of the board of NZ Post, says the postal monopoly has "some small capacity" to supply more capital to.. read more

A rare breakdown in service from Swift early on Wednesday morning delayed routine payments, including salaries, for all customers of all banks in New Zealand. read more

Outsiders to the existing Eftpos club are calling for a broader definition of the debit payments system in Australia if the Payments System Board opts to update (rather than abandon) its "designatio.. read more

The strategy briefing by Commonwealth Bank's chief executive, Ian Narev, detailed what the bank would be doing more of over coming years, with an emphasis on domestic franchises and technology. The.. read more

Credit card fraud is on the rise in Australia, a survey by the Australian Bureau of Statistics shows. read more

Bank of Queensland will maintain a pricing premium of around 10 basis points on term deposits in order to maintain above-system growth in its deposit book and attain its target retail funding level.. read more

Bank of Queensland expects to sell asset-backed securities, backed by leases and some other business loans, as one option for wholesale funding. read more

Bank of Queensland MD Stuart Grimshaw has provided a more discursive view of the bank's handling of its review of asset quality earlier this year, which led to a 30 per cent rise in its level of im.. read more

Mortgage insurance companies are rejecting or reducing claims from lenders in more than 10 per cent of cases, according to a survey by Standard & Poor's. read more

The renewable energy sector in Australia may be able to access some of early stage investment it needs in the form of soft loans rather than equity investment if a planned federal government-owned f.. read more