CommBank calls out prohibitive cost of cash 15 August 2024 6:44AM Commonwealth Baank is burning around $350 million a year in providing cash services across its branch network and ATM fleet. read more
Comyn sees rising arrears, harder times 15 August 2024 6:42AM Asset quality indicators all soured at Commonwealth Bank over its June 2024 full year. And will continue to do so. read more
Banks look for confidence and trust in TEx 14 August 2024 1:45AM Customer onboarding and know-your-customer practices may be greatly simplified for banks if an ambitious effort by the Australian government to overhaul digital identity protocols comes to pass. read more
Challenger limits losses on bank exit 14 August 2024 1:44AM Relieved to be rid of it, financial services group Challenger has minimised insight into the final phase of its ownership its troubled bank in the firm’s June 2024 full year results. read more
NAB 'not liable' for disputed cash deposit 13 August 2024 6:50AM AFCA has found in favour of National Australia Bank following allegations by a customer that a teller had stolen $7250. read more
Mortgage Choice striving to be 'number one' 13 August 2024 6:15AM The mortgage business of REA Group lifted its game over the year to June 2024, though REA and Mortgage Choice are far away from getting anywhere near to the aspiration of being “Australia’s number one.. read more
Jones, Richards calm CDR storm 12 August 2024 1:45AM Some major banks have spent in excess of $100 million each in order to participate in the Consumer Data Right, the long-awaited review from Heidi Richards into CDR compliance costs has found. And the.. read more
QBE mortgage insurance in reverse 12 August 2024 1:41AM Notorious for the slender disclosures it chooses to make relating to its lenders mortgage insurance division, QBE Insurance Group has owned up, once more, that this business is going backwards. read more
ABC lifts the lid of APRA investigation of Cigno 12 August 2024 1:37AM The ABC has laid its hands on transcripts of lengthy examinations by ASIC of the top executives of short-term credit provider Cigno. read more
Westpac shuts the door on RAMS 09 August 2024 12:04PM What took them so long? Westpac’s RAMS brand has ceased taking applications for new home finance. read more