Mutual ADIs stir amid decline 18 November 2016 4:37PM Asset growth is above system while profit and capital are stable for mutual banks, mutual building societies and credit unions. But even so, their ranks dwindle each year. read more
ATM yield dives at DC Payments 16 November 2016 5:15PM Higher ATM fees are one antidote to a slump in profit at cash machine operator DC Payments. read more
'No change' from NAB on fossil fuels 15 November 2016 5:07PM NAB has a long way to go to meet its goals on renewable energy. It's sticking with funding fossil fuels a while yet. read more
Industry has until 2019 to 'accumulate capital' 14 November 2016 4:40PM Banks in Australia will have until the end of 2018 to prepare for the final form of the "unquestionably strong" capital standards flagged for the sector, and APRA chair Wayne Byres told a Finsia forum.. read more
'Noise' ahead on mortgage risk weights 14 November 2016 4:39PM The average risk weight on mortgages across banks "will fluctuate" while the industry and also the regulator tinker, ARPA has cautioned. read more
ACCC kicks off Cashcard inquiry 14 November 2016 4:35PM A routine ACCC inquiry is underway into DC Payment's acquisition of First Data's Cashcard ATM business. The buyer is already at work seeking to lock customers into longer term contracts. read more
Share bonus ditched for most ANZ staff 11 November 2016 5:12PM No bonuses will be paid to most ANZ staff this year, thanks to the bank's lacklustre 2016 profit. High performing branch managers are also on notice to expect "tough conversations" at annual reviews. read more
ATM pair count on cash resilience 11 November 2016 5:06PM Two independent ATM operators, Next Payments and Total ATM, have combined. Next claims to have sustained demand in an industry that is under siege from the growth of non-cash payments. read more
APRA finalises securitisation standard 11 November 2016 5:03PM The Australian Prudential Regulation Authority has completed its revision of the prudential rules for asset securitisation and has released the final revised version of the standard, APS 120. read more
Stability meme sound in Australian banking 11 November 2016 4:58PM Banks in Australia "are safe and sound" according to 91 per cent of respondents to a recent Banking Day survey of readers. More than half (51 per cent) rated a property crash of any note as "unlikely... read more