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bankmecu has added a strong sustainability theme to its Financial System Inquiry submission, which otherwise echoes the submissions of the Customer Owned Banking Association and the regional banks. read more

Mortgage aggregator AFG did almost 40 per cent of its business with investors in March. AFG said 39.6 per cent of mortgages processed last month were for investment property. read more

Commonwealth Bank has claimed that the "conservatism" of the Australian Prudential Regulation Authority imposes a cost on the Australian economy. It has urged the Financial System Inquiry to allow loc.. read more

Lenders' mortgage balances grew by 0.5 per cent in February and by 5.8 per cent in the 12 months to February, according to Reserve Bank figures released yesterday, read more

Businesses using MYOB's new PayDirect mobile payments service will pay as much as 3.2 per cent per transaction. read more

Canadian ATM operator DC Payments, which runs more than 6000 machines in Australia and New Zealand, is faced with falling ATM usage in the Australasian market. read more

Australians are sticking with savings products in preference to shares or managed funds, according a number of consumer and investor surveys published in recent weeks. read more

Visa commissioned Deloitte to report on developments in card payments since 2003, when the RBA regulated the interchange fees charged by four-party scheme credit and debit cards operated by MasterCard.. read more

Payments company Cuscal has launched a trial of a mobile payment system using host card emulation. HCE is a system that allows the consumer's payment card credentials to be stored on servers in a secu.. read more

When Westpac launched a product simplification project a year ago it wanted to ease the bank's regulatory burden, improve service levels, streamline back office processes and make it easier to train f.. read more