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Two years into its remedial action plan to improve the management of its non-financial risk, Commonwealth Bank is making “strong progress in executing the plan”, according to an independent review of.. read more

Commonwealth Bank chief executive Matt Comyn says the bank’s exit from the wealth and advice industries means it must be much better at executing on its core banking priorities – lending and deposit t.. read more

ANZ has made two senior appointments in its institutional division, with a new managing director of institutional Australia and a new MD of institutional transaction banking. read more

The question of whether cryptocurrency is money was raised in a recent court case. The court’s deliberations got us no closer to an answer. read more

Online lender MoneyMe is the latest entrant in the increasingly competitive buy now pay later market, launching an interest-free repayment product called MoneyMe Plus. read more

The Australian Financial Markets Association has clarified the definition of the AUD Overnight Index Average (AONIA), the alternative benchmark to the one-month bank bill swap rate. read more

Activity on the New Payments Platform has taken off in recent months, as the Osko overlay becomes an established part of the payments system. read more

The worry among heads of business banks around the viability of small businesses broadly is acute. Equifax EGM Moses Samaha tells Banking Day “they are very nervous about certain sectors, and that is.. read more

The Attorney-General has “remade” regulations under the Electronic Transactions Act to increase the list of banking and credit-related documents that can be sent electronically. read more

Data breach notifications to the Office of the Australian Information Commissioner spiked in May, when 124 breaches were reported – the highest number reported in any month since the notification sche.. read more