Defence Bank CEO joins Ultradata 07 March 2024 5:52AM David Marshall, chief executive of Defence Bank, has left to lead Ultradata as its CEO. read more
Islamic Bank Australia hands back RADI 06 March 2024 4:19AM Islamic Bank Australia surrendered its restricted banking licence to APRA last Friday. That’s three voluntary exits by neobanks. There are bound to be more. read more
Tired Suncorp Bank easy meat for ANZ 06 March 2024 4:01AM The barely challenged lack of competitiveness or even relevance of Suncorp Bank is the dark heart underlying the full decision of the Australian Competition Tribunal to grant authorisation for ANZ to.. read more
HSBC quits Bank@Post 06 March 2024 3:59AM HSBC is pulling out of Bank@Post and Post Billpay, with effect from 11 April. read more
Avenue Bank explores guarantee alley 05 March 2024 5:39AM Avenue Bank has settled on an exceptionally narrow focus for its industry debut. read more
Cuscal cuts payout ratio 01 March 2024 5:45AM Cuscal has reported a December 2023 half year net profit of A$13.7 million, up five per cent from the prior period, and is distributing $6.1 million to shareholders as an interim dividend. read more
PSB poised to regulate mobile wallets 01 March 2024 5:43AM Apple may be the focus of regulatory intervention threatened by the Payments System Board. read more
Tyro cedes Bendigo merchant base 28 February 2024 5:41AM An ordinary result for payments processor and struggling banking disruptor Tyro may leave the firm and one of its principal partners wondering about the value in their three-year old relationship. read more
Talka about Bank Australia 28 February 2024 5:22AM Lithuanian Co-Operative Credit Society ‘Talka’ Limited, one of the most feeble credit unions in the country, will merge with Bank Australia. read more
AML bothers Suncorp Bank as sale nears 27 February 2024 5:36AM Suncorp Bank’s swansong result highlights the task ahead for ANZ, defending a franchise and extracting value from a business beset by margin headwinds and increased expenses. read more