Genworth renews CBA contract

Genworth Mortgage Insurance Australia has renewed its lenders mortgage insurance contract with Commonwealth Bank. The contract is critical for Genworth, as it accounts for 53 per cent of the insurers.. read more

Bank branches and ATMs in decline

Close to 10 per cent of the branches operated by banks and other authorised deposit-taking institutions have disappeared over the past two years. The loss of ATMs is even bigger, at more than 16 per c.. read more

Open Banking privacy rules released

An extensive set of privacy safeguards that will accompany the introduction of the Consumer Data Right, including Open Banking, will be legally binding statutory provisions. read more

Worldpay is coming

What may prove to be a big change in the local payments industry went little noticed in July, when the US payments processing and technology company Fidelity Information Services acquired rival paymen.. read more