CBA results at a glance 11 February 2016 5:03PM Commonwealth Bank chief executive Ian Narev is confident that the bank's overall credit quality is stable, despite a deterioration in some areas exposed to the mining downturn that caused loan impairm.. read more
ANZ Mobile Pay a proprietary offering, not Android Pay 11 February 2016 5:00PM The mobile payments app launched by ANZ yesterday is a proprietary product that has been in the works for over a year and not the Android Pay service that the bank announced in December. read more
SAP establishes local financial services business unit 10 February 2016 4:52PM Software supplier SAP will set up business units in Australia and New Zealand covering financial services and public services. read more
Embattled Cash Converters refinances with Fortress 10 February 2016 4:51PM Payday lender Cash Converters has refinanced its business, entering a loan securitisation facility with Fortress Investment Group. read more
Banks test mortgage customer loyalty with out of cycle rate changes 10 February 2016 4:50PM Banks' out of cycle mortgage rate increases, as well as their failure to pass on cash rate cuts in full, have come at the cost of customer loyalty a new survey shows. read more
Mobile Embrace reports strong growth in direct carrier billing 10 February 2016 4:48PM Mobile marketing and payments company Mobile Embrace has reported a big jump in net profit after doubling revenue over the six months to December. read more
Veda shareholders support Equifax takeover 09 February 2016 4:53PM Veda shareholders have voted in favour of a scheme of arrangement that will see the US credit reporting and data analytics company Equifax acquire 100 per cent of Veda's shares. read more
Banks must review third party due diligence work 09 February 2016 4:49PM Banks that use third parties to carry out their customer due diligence work still bear responsibility for managing their anti-money laundering and counter-terrorism financing risks. read more
Genworth braces for another fall in business volume this year 08 February 2016 4:23PM Mortgage insurer Genworth suffered a 20 per cent fall in gross written premium during the year to December and has forecast that GWP could fall by the same amount in 2016. read more
Consumers borrowing more and saving more at the same time 08 February 2016 4:20PM Greater confidence about household financial conditions encouraged people to borrow more in the second half of last year but savings levels continued to rise at the same time. read more