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Western Union has launched a new online international payment service for small financial institutions, giving them a secure internet banking portal where they can make overseas transfers. read more

Housing and business finance activity maintained its weak growth rate in April. The latest official figures show private sector credit growth increasing at around three per cent a year. read more

National Australia Bank priced its first renminbi term funding on Friday. The bank issued RMB400 million of two-year senior unsecured notes. read more

National Australia Bank issued €750 million of covered bonds yesterday - its fifth transaction since the covered bond market opened in Australia last year. read more

The federal government has introduced legislation to make the reporting of data breaches mandatory, following complaints that businesses were not reporting breaches to affected customers. read more

Australia's ninth mutual bank opens its doors for business on Monday. The new mutual bank is BankVic, formerly Police Credit. read more

Commonwealth Bank has started accepting China UnionPay card payments. read more

ANZ has allocated A$425 million for an on-market share buyback. read more

Suncorp Bank will beat its June 30 target for reducing the loan balance in its non-core bank. read more

After spending a year as the big bank with the lowest retail customer satisfaction rating, ANZ has improved its position and now ranks ahead of Westpac in the latest Roy Morgan Research survey. read more