Weak consumer credit demand set to continue 08 April 2016 4:06PM Weakness in the consumer finance market is set to continue, with Veda data showing credit card applications grew by only two per cent in the March quarter. read more
Basel Committee tightens up leverage ratio rules 08 April 2016 4:05PM Banks may have to restrict the recognition of collateral in derivative transactions when measuring their leverage ratios, under modifications to the leverage ratio rule being proposed by the Basel Com.. read more
Federal Court approves NAB bank fees settlement 07 April 2016 4:17PM The Federal Court yesterday made orders approving the settlement of a class action brought against National Australia Bank over bank fees. read more
Collaboration easier said than done 07 April 2016 4:16PM Collaboration between fintechs and big banks is a hot topic on the conference circuit but a couple of bankers issued a reality check yesterday, saying collaboration was difficult to achieve for a whol.. read more
Earn rates fall on rewards cards 07 April 2016 4:13PM Earning rewards points on credit cards is getting harder after two of the big banks cut the rate at which points accrue. read more
Room for improvement on banking funding profiles, Byres says 06 April 2016 5:19PM The Australian Prudential Regulation Authority is not satisfied with the funding profile of Australian banks, concerned that too much of their funding is short-term issuance in overseas capital market.. read more
Basel Committee signals preference for simplified, standardised risk models 06 April 2016 5:19PM The Basel Committee on Banking Supervision plans to simplify the way banks assess the riskiness of their assets for regulatory capital purposes. read more
Auswide turns one, and 50 06 April 2016 5:18PM The first anniversary of Auswide Bank's name change from Wide Bay Australia coincides with the institution's fiftieth year of operation. read more
Fintechs to capture 10 per cent of consumer banking revenue by 2020 05 April 2016 4:17PM Citigroup has forecast that fintechs' share of "the consumer banking wallet" in North America and Europe will grow from the current level of around one per cent to ten per cent by 2020 and 17 per cent.. read more
Controversies damage CBA's brand value 05 April 2016 4:16PM ANZ is Australia's most valuable banking brand, according to the latest Brand Finance report on Australian brands. read more