Payment fraud losses fall

Fraud that occurs when a payment card is not present during a transaction has been the biggest and fastest growing source of payment fraud in Australia for some years. However, last year the tide tu.. read more

Banking app addiction taking hold

Bankwest has identified a small group of Gen Ys who use the internet for banking several times a day. It has also found that evening is the most popular time for online banking. read more

Business is booming for AFG

Mortgage aggregator AFG reported very strong borrowing activity in May 2013, the second month in a row when its brokers have written a record number of loans. read more

Deposit flow is drying up

Growth in household deposits is slowing, as savers move their money out of at-call and term deposits in search of higher rates. Some deposit-taking institutions are experiencing substantial outflows.. read more