Adaptable SWIFT on NPP target 15 October 2015 5:23PM The rationale for selecting SWIFT as the head contractor for the build of the New Payments Platform in Australia received an airing at the Sibs conference in Singapore. read more
Payments fees an increasingly important source of bank revenue 14 October 2015 4:37PM Fees on payments services may become a more important source of revenue growth for banks than earnings on customer balances, according to McKinsey & Company's latest Global Payments report. read more
Payments innovation moves into corporate banking 14 October 2015 4:37PM Payments are at the epicentre of financial innovation, with an estimated 35 per cent of financial technology firms active in the payments arena, a report by McKinsey & Co has found. read more
Industry grasps for fintech understanding 13 October 2015 4:51PM It was standing room only in the overflow theatre and jam packed in the designated bubble for the key forum for the "Innotribe" (or innovation, stream) on the first day of SWIFT's Sibos convention in.. read more
Blockchain ripples in Australian banking 13 October 2015 4:51PM Concepts built on blockchain methodology are growing into firm product ideas and getting set to go in the banking sector in Australia. Westpac, for one, is well advanced in preparing ideas for market.. read more
Work today, get paid a year later at CBA 12 October 2015 4:39PM Friction may be building between staff and management at Commonwealth Bank over the terms of their next pay deal, with the bank putting an end to negotiations with the Finance Sector Union. read more
Misunderstood credit union brand drives mutuals to become banks 12 October 2015 4:38PM Select Credit Union and Encompass Credit Union are likely to join the trend of ADIs converting to mutual bank status once the pair merge in the second half of 2016. read more
Pregnant CBA exec cleared to sue over dismissal 12 October 2015 4:37PM A sacked Commonwealth Bank manager will be able to continue with a claim for unfair dismissal centred on the relevance of her pregnancy to the decision. read more
ALP eyes infrastructure utopia 09 October 2015 5:21PM Australia may be getting another government backed financier - if the Labor Party returns to power at the next general election. read more
Comment: A surplus of capital rhetoric at Macquarie 09 October 2015 5:16PM Assertions of a "surplus" capital position are a perennial for Macquarie Group, and were dished out once more yesterday in the course of rationalising its purchase of a hefty Esanda portfolio from ANZ.. read more