AMP Bank offers HCE for mobile payments 31 March 2015 4:46PM AMP Bank has joined Commonwealth Bank and CUA in adopting host card emulation technology for mobile payments. Like CUA, AMP Bank is working in partnership with Cuscal to offer HCE. read more
NPP gets Fundtech's seal of approval 31 March 2015 4:45PM Global financial technology provider Fundtech has given Australia's New Payments Platform a big tick, saying the scheme, which is under development, includes a number of features that will encourage i.. read more
Large merchants still applying high card surcharges 31 March 2015 4:44PM Larger merchants are more likely to apply payment card surcharges and they tend to apply higher charges than small merchants, new research has found. read more
Investment in digital services pays off for bankmecu 30 March 2015 4:41PM Investment in digital services has helped bankmecu bounce back from a flat spot last year, when earnings and margins were under pressure. read more
Firstfolio changes name to eChoice 30 March 2015 4:40PM Shareholders of the mortgage company Firstfolio met on Friday to approve a name change to eChoice Ltd, a move that reflects the dominance of its eChoice broking and aggregation division in the overall.. read more
BOQ chief defends growth strategy 27 March 2015 4:43PM Bank of Queensland chief executive Jon Sutton has defended a growth strategy that is heavily reliant on increasing mortgage sales through the broker distribution, which is becoming an increasingly cut.. read more
BOQ banks on mortgage growth 27 March 2015 4:42PM Bank of Queensland chief executive Jon Sutton, speaking to analysts and media yesterday, said the bank's improved half-year performance in the mortgage market was a highlight. read more
Household asset values up, gearing steady 27 March 2015 4:41PM Australian household wealth grew in the December quarter, thanks to higher property and financial asset values, while household gearing ratios remained steady. read more
No clear direction for regulation of the 'disruptors' 26 March 2015 5:15PM While peer-to-peer lenders and other "disruptors" argue for light touch regulation to give their businesses a chance to grow, the emerging consensus among commentators is that these innovative busines.. read more
Mortgage market more competitive but pressures build 26 March 2015 5:12PM Smaller lenders took some share away from the big banks in the mortgage market last year, thanks to more favourable funding conditions and investment in broker distribution, but it remains to be seen.. read more