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Genworth Financial Mortgage Insurance achieved an underwriting profit of only A$3.3 million in the year to December 2012, data compiled by APRA shows. read more

The Korean ATM business NeoICP, which is the main operating asset of iCash Payments, is "currently failing", according to the directors of iCash. read more

A number of credit unions are pushing for permission to waive a rule that at least a quarter of their members need to vote on any proposal to demutualise. read more

Vendors of banking and insurance services are struggling to reach almost 18 per cent of the population, research by the Centre for Social Impact suggests. read more

A fraud at a cash carrier cost EzeATM A$256,000. This and other reasons have led to a cut in projected profits and may be why the company's CEO was fired, a decision he is not taking well. read more

DC Payments Australia will lift the user fee at most of its ATMs to A$2.80, from $2.50, from the beginning of July, making the independent automatic teller machine network the most expensive in the.. read more

Too many "players think they can get in the middle and earn a rent" from contactless payments, says Kelly Bayer Rosmarin, executive general manager at CBA. read more

An effective digital strategy will "help get customers to be the advocate" for a banking business, one of Westpac's senior executive said on Friday. read more

ANZ hopes to have a more uniform experience for customers undertaking self-service banking, with tools developed for the bank's Asian operations being adapted for its domestic markets. read more

Standard & Poor's raised its long-term issuer credit rating on AMP Bank to A+ from A yesterday. The short-term issuer credit rating remains at A-1. read more