Ezidebit snares eWAY 21 April 2016 3:29PM Payments gateway provider eWAY has been sold to US operator Global Payments Inc. read more
YCU professionals vote to end their mutual ADI era 20 April 2016 3:51PM Dissidents and sentimentalists were in short supply at a meeting of members of Queensland Professional Credit Union on Monday night. Near 99 per cent of members of the mutual, now trading as Your Cred.. read more
Credit insurer 'staggered' at claims surge 19 April 2016 4:39PM "It's a standard uplift [in credit insurance claims] but it's been quick. It's staggering the number of claims we've received," Kirk Cheesman, managing director of insurance brokers NCI told Banking D.. read more
Australian bank profits endure SME insolvency storm 19 April 2016 4:39PM The progressively gloomier prognostications over the extent of the accumulating bad debt load on Australian banks may need to take another turn for the worse, with new data shifting the spotlight away.. read more
Mutual disparity persists in shrinking sector 19 April 2016 4:36PM QTMB's predecessors in the ADI demutualisation stakes have tended to emerge from the bottom rungs of industry rankings. read more
A flattening problem for banks from Australian apartments boom 18 April 2016 4:20PM "Settlement failures might increase" on residential developments flourishing in Australia's cities, the Reserve Bank of Australia cautioned in its half-yearly Financial Stability Review on Friday. read more
Indicators of household financial stress benign, says RBA 18 April 2016 4:19PM The RBA took a favourable view of the household sector, saying "risks have ameliorated somewhat since the previous Review as housing price growth has eased," before going on to praise industry reforms.. read more
RBA and banks warn of business stress in mining areas 18 April 2016 4:18PM Business finances "generally remain in good shape and broad indicators of financial stress are low" the Reserve Bank of Australia recited in its half-yearly Financial Stability Review on Friday. read more
Retirement bracket strongly favours bank royal commission 18 April 2016 4:14PM A second opinion poll on attitudes to a royal commission into the banking and financial services sector shows a majority support the notion. read more
Bankers' lobby has no plans for ad blitz on inquiry 18 April 2016 4:13PM The Australian Bankers Association has "no intention to run a multi-million dollar campaign along the lines of that pursued by the mining industry" against the Labor government in 2010, Nic Frankham,.. read more