CommInsure subject of systemic alarm

CommInsure, the insurance arm of Commonwealth Bank, has paid more than A$2.5 million to 17 eligible customers previously declined trauma claims, but the bank's board said it was "satisfied that there.. read more

ANZ sensitive on culture

ANZ has appointed Kathryn van der Merwe as group executive, talent and culture. In presenting the selection in a distinctive manner, the bank has made the routine replacement of its chief human resour.. read more

zipMoney drops pricey foreign funder

zipMoney may light a path into the debt capital markets for fintech financiers, if a warehouse funding line from a major bank turns out to be a precursor of further asset-backed funding. The bank tie.. read more

CEO talking points ahoy

Posturing is the order of the week, as NAB CEO Andrew Thorburn gets set to front a parliamentary committee on Friday. Thorburn will be the first of four big bank CEOs to do so. A low-rate Westpac cred.. read more

ATM titan Cardtronics 'lacks pricing power'

DC Payments, the largest independent supplier of automatic teller machines in Australia, insists it is "not a monopoly or oligopoly supplier" and "nor does it have substantial market power that enable.. read more

Pepper tests lending boundaries

Non-bank lender Pepper Group is a measured beneficiary of limits on banks' growth in investment lending, and itself cautious on growth in this segment in Australia. read more

White-label works for AFG

The clamp by banks and APRA on residential investment loans rubbed off on growth metrics of mortgage broking entity Australian Finance Group, with a dip in overall settlements over the December 2016.. read more