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The New Payments Platform "is likely to start off small", Philip Lowe, governor of the Reserve Bank of Australia, said on Friday. Commonwealth Bank may be missing alongside Westpac. read more

With a one per cent share of the home loan market, mortgage growth in the order of 20 per cent and a cost to income ratio unmatched in the industry, AMP Limited continues to look to its banking arm fo.. read more

The corporate watchdog will raise pointed questions on the timeliness and sufficiency of disclosures - or lack of them - by Commonwealth Bank over its compliance record on anti-money laundering matter.. read more

There are a flurry of negatives among what is no more than a notional record profit for Commonwealth Bank for 2017, to pile on top of its money laundering mess. read more

Two asset sales and a move to full ownership of Aussie Home Loans dot the full year profit for Commonwealth, none disclosed before yesterday's results announcement. read more

Catherine Livingstone's first attempt to hose down the controversy surrounding her bank is unlikely to have an impact on moves by foreign regulators to investigate the risk management failures highlig.. read more

Westpac may adopt select business-to-business payment products (still works in progress) of zipMoney, a lively ASX listed fintech. The bank has invested more than $40 million in new shares in the comp.. read more

Auction clearance rates are still going nowhere, but one measure of the impact of macroprudential policy in Australia may be ringing true.Large lenders report that the interest-only share of loan appr.. read more

A return on equity that continues to exceed that of its insurance owner by a mile and a near zero level of loan impairments cast a new light on Suncorp Bank. read more

Credit card and debit fraudsters are building their business model on the familiarity of payments routines and the rise of online shopping. read more