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A fragmented and reactionary response by banks to the Covid wildfire in greater Sydney is preparing the industry to reverse the reversal of provisioning that was the highlight of the most recent profi.. read more

Blunders by CommBank - damned by the Fair Work Commission as misleading, even deceitful - will push up the cost of the pay rises agreed for most of the bank’s staff. read more

A third severe systems outage for Commonwealth Bank – and the second in a week – will be animating doubts over not just the robustness of core banking systems but the depth in the business case for an.. read more

A series of sharp questions from the ACCC for the proponents of the amalgamation of BPAY, eftpos and the New Payments Platform sheds light on the discussions that will see this new force in payments p.. read more

MyState is diversifying its funding profile, with a debut placement of senior-unsecured floating rate notes. read more

David Heine will be new chief executive of Regional Australia Bank, a choice that emphasises the distinctive strategy for the mutual bank. read more

The planned amalgamation of BPAY, eftpos and the New Payments Platform has fallen foul of the ACCC, with questions over future investment roadmaps and contestability. read more

A succession plan years in the making, Rosanna Argall has been appointed as CEO of G&C Mutual Bank, an under-rated fintech and champion of digital experience. read more

Gross payments volumes across the economy in April and May (and all year, really) portray a sobering version of the rebound celebrated in the quarterly national accounts. read more

Volt, the smallest bank in Australia has landed a strategic alliance (and a capital top-up) from AFG. This landmark deal is a pointer to the 'quite incredible demand' for banking as a service, on whic.. read more