Banks join financial inclusion program

The major banks and Bank Australia have joined forces with a group of government, education and community sector organisations to release financial inclusion action plans, setting out the steps they w.. read more

FOS ruling imposes a new duty to prevent fraud

A Financial Ombudsman Service ruling that a financial institution must reimburse a customer who paid more than A$360,000 to a scam investment company has imposed a new duty of care, according to a leg.. read more

Pushpay acquires 'church app' rival

New Zealand payment gateway provider Pushpay, a specialist in the United States "faith sector" payments market, has launched a takeover offer for rival "church app" company Bluebridge Digital. read more

ABA issues domestic violence guidance

Banks will recognise domestic violence as a factor contributing to financial hardship and will work with customers suffering from financial abuse to help them take control of their finances, under a n.. read more