189

A New South Wales Supreme Court judge has raised questions about Westpac's delay in dealing with a claim by former St George Bank employees and its failure to attend to its obligations. read more

The Financial Ombudsman Service has called for the Code of Banking Practice to be re-written to improve the treatment of small businesses in financial difficulty, to spell out the consequences of non-.. read more

National Australia Bank has restructured its third party mortgage distribution business, NAB Broker, with the aim of offering brokers better access to its products and improving customer service. read more

Beyond Bank Australia has joined the SocietyOne share register, investing A$1.5 million for a sub-five per cent stake in the marketplace lender. read more

Commonwealth Bank has introduced several changes to its CommBank app and NetBank services to improve customers' bill payment options. read more

Maleny Credit Union may be the next mutual to join Bendigo and Adelaide Bank's Alliance Bank partnership, with a proposal under consideration to make the change next year. read more

A New Zealand company that makes a "thought-controlled communications device", has won Visa's Everywhere Initiative, a competition that asked start-ups to use Visa's application program interfaces to.. read more

Westpac will remove all product-related incentives from teller remuneration throughout the branch network, as part of a review of products and processes aimed at making sure they are in customers' int.. read more

Local over-the-counter interest rate securities exchange, Yieldbroker, has been granted relief by the United States Commodity Futures Trading Commission, giving it direct access to US institutions. read more

A PwC report, "Escaping the Commodity Trap", argues banks need to become smaller, simpler and more deeply connected with customers than in the past. read more