Laybuy slashes headcount 01 August 2022 6:10AM Buy now pay later company Laybuy has completed a strategic review, concluding that “while there was strong interest in Laybuy, a sale or partial sale of the business is not currently in the best inter.. read more
Equifax expands its fraud prevention business 01 August 2022 6:09AM Equifax is expanding in the digital identity and fraud prevention market with the acquisition of Midigator LLC. read more
TD rate increases outpace at-call moves 29 July 2022 5:51AM Term deposit rates are rising at a faster pace than at-call accounts, which may signal a shift in savers’ account preferences. read more
Macquarie reports ‘softer’ trading conditions 29 July 2022 5:50AM Macquarie Group’s earnings in the June quarter were up on the previous corresponding period but “trading conditions softened during the quarter”. read more
Westpac committed to multi-brand strategy 28 July 2022 6:18AM Westpac chief executive Peter King said the bank remains committed to operating with four banking brands but its future is in operating a “universal platform”. read more
Westpac tells corporate customers: we want to see your transition plans 28 July 2022 6:17AM Westpac has joined the Net-Zero Banking Alliance, declaring that it wants to be “the transition partner of choice for our clients” and warning high-emitting customers that they have three years to put.. read more
BCCC has a busy inquiry agenda 28 July 2022 6:16AM The Banking Code Compliance Committee will inquire into banks’ management of deceased estates and loan guarantees in the year ahead. read more
APRA provides more detail on capital adequacy changes 27 July 2022 6:14AM APRA has clarified its position on the different approaches it will take to banks dipping into their regulatory capital buffers and their management targets under capital adequacy rules that take effe.. read more
Regulators told to get ready to implement climate disclosure standards 26 July 2022 5:36AM The Financial Stability Board has called on market and securities authorities to “take early action” to implement climate-related disclosure standards that are expected to be finalised this year. read more
Playtime in the CDR sandbox 26 July 2022 5:31AM The Australian Competition and Consumer Commission has developed a Consumer Data Right sandbox to allow participants to test their CDR systems. read more