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The New Payments Platform will be one prop for Westpac as its defends a meaty share of transaction banking in institutional markets. Asia, however, is a faded story in a puzzling presentation by WIB C.. read more

Veteran US bank servicer IBM announced that Bendigo and Adelaide Bank recently "implemented marketing automation and campaign offerings from IBM." read more

Financial Services Council CEO Sally Loane had a reform program to sell when she made a cracking speech to the FSC Leaders Summit yesterday. read more

Money Transfer service WorldRemit has launched a Singapore operation, hoping to grab a slice of the remittances of the thousands of migrant workers there. read more

The Wallis era in Australian prudential regulation may be bought to close by a Labor government. APRA seems bound for a reunion with the Reserve Bank of Australia and even ASIC's status as a separate.. read more

Mobile payments remain cellar dwellers in the payments mix in Australia, accounting for only "around one per cent of the number of point-of-sale transactions" over a week surveyed by Ipsos for the Res.. read more

Prosecutions over misuse of market power seem pending in banking, with drastic options ahead for the ACCC.Macquarie, ANZ, Commonwealth Bank, Westpac and National Australia Bank are five obvious banks.. read more

With a muted benefit for the industry from the ABA's reform program, it is the rival agenda of financial regulators and the cohesion of the public-sector championed reform that leaves citadels of Aust.. read more

Questions of industry structure in an oligopoly sector occupied a speech on Thursday by Rod Sims, the chair of the ACCC, for a Communications Day conference. read more

Cartel pricing terms and profit shares are being reset under our noses. Australian taxpayers, the ultimate stakeholders in banks, have Ian McPhee and the Australian Bankers Association to thank for sh.. read more