Core business a write-off for MyATM 01 September 2011 4:33PM MyATM has written off all the intangibles associated with its core business of deploying automatic teller machines, an endeavour central to its rationale for raising A$6.7 million in new capital thr.. read more
Facebook test a two-day wonder for CBA 31 August 2011 4:43PM Commonwealth Bank closed off a social media marketing campaign after little more than two days - and more than three and a half weeks earlier than planned - after the promotion hit its target almost.. read more
Debt discounts pays dividends 31 August 2011 4:40PM FSA Group will pay a maiden dividend of one cent a share next month - a minor milestone for the largest administrator of debt agreements. read more
Domestic ATM business impaired at iCash Payments 30 August 2011 4:10PM The competitive environment is proving tough for at least one independent operator of automatic teller machines, with iCash Payments obliged to wipe out the equivalent of a year's profit through a.. read more
PPSR deferral expected 29 August 2011 4:51PM Issues experienced during user acceptance testing may delay implementation of the new Personal Properties Securities Register beyond October 31, the Attorney-General's Department confirmed on Friday.. read more
Mambo scuttled by leaden banks 29 August 2011 4:48PM Collaboration between the major banks to develop an electronic addressing system to speed up payments has come to an end following the decision of BPay's board late last week to abandon the three-ye.. read more
Interchange fees remain on short leash 29 August 2011 4:47PM More competition is needed between payment schemes before the Reserve Bank of Australia is likely to relax eight-year-old controls on credit card interchange fees. read more
Bank profits near boom-time levels 26 August 2011 4:35PM Profits of major banks are almost back to the levels experienced prior to the onset of the global financial crisis in September 2008, the latest overview of the industry published by the Australian.. read more
Suncorp core meeting targets 25 August 2011 4:24PM Suncorp Bank says it is earning a return on capital in its "core" banking business of in excess of 15 per cent, though losses from its non-core commercial banking business continue to limit overall.. read more
ATM fees may rise for Customers 25 August 2011 4:22PM A subdued second-half profit for ATM operator Customers Limited may be a pointer to a further rise in fees, at least on independently-owned automatic teller machines, over the coming year. read more