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Ezeatm Limited hopes to scrape out a market share of the automatic teller machine sector of one per cent, assuming a capital raising, listing on the ASX and a new business plan prove effective. read more

The secular shift in the drivers of demand for payments cards continues to be feature of the monthly flow of data on this product segment from the Reserve Bank of Australia. One highlight in the dat.. read more

Commonwealth Bank is negotiating for the acquisition of a further five per cent stake in Vietnam International Bank, Reuters reports. The central bank announced its approval of the purchase on Monda.. read more

The Australian Government may take over year to work out a detailed investment mandate for its proposed Clean Energy Finance Corporation, and funding will not begin until the 2013/2014 financial yea.. read more

In a blow-back to a 1970s style of intervention in capital markets, the Australian Government proposes to form a Clean Energy Finance Corporation to foster investment in renewable energy. read more

A senior official of the Reserve Bank of Australia on Friday scotched the oft-repeated aphorism - one often repeated by bank CEOs - that the banks "fund" Australia's current account deficit. read more

Big banks favour a low cap of A$100,000 on the level of deposit insurance, while credit unions, building societies and one small foreign bank hope to retain the present cap of $1 million, public sub.. read more

Travelex said it agreed to sell its global payments business to Western Union, a step that means Travelex will become primarily a processor of consumer payments in foreign exchange. read more

Commonwealth Bank has formally joined the Banking Industry Architecture Network, the industry association announced this week. read more

Commonwealth Bank will continue to invest in its business in Indonesia, a subsidiary that earns little profit for the bank. read more