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Access is the first of "two issues in the Australian payments system that are potentially going to be of interest to financial regulators," as the fintechs and neobanks flurries recur, Michelle Bulloc.. read more

Rabobank's remuneration structure "is still predominantly driven by sales and is not yet consistent with the recommendations of the Sedgwick Review," counsel assisting told the Hayne royal commission.. read more

Valuations at Bankwest "were lax … and guarantees were signed before letters of offer," the Hayne royal commission has heard. read more

Another super sales mix-up. ANZ and Commonwealth Bank are making a combined community benefit payment of A$3 million and both banks are stuck with another enforceable undertaking with ASIC. read more

More than 100 ANZ branches are set to close over the next two years, the Hayne royal commission heard yesterday. read more

The ratings downgrade of SAI Global  Holdings I (Australia) Pty Ltd by Standard & Poor's reflects wider issues with the banking and credit supply chain in Australia. read more

Any bravura banking entry reliant on a restricted licence in Australia must plan to be a flop from early on. read more

ASIC's "snapshot of the market" in a sector review of credit cards yesterday drew on data from 12 institutions, including mutuals Bank Australia and BankFirst. read more

"Develop tools to encourage consumers to choose credit cards that align with actual needs", ASIC pleaded with banks in a sector review yesterday. read more

A convenience afforded any member of the legal and banking fraternities may be denied the underclass, if royal commissioner Kenneth Hayne follows up an idea raised yesterday. read more