Kaching makes it to market

The Commonwealth Bank's updated internet banking application Kaching for the iPhone smartphone finally became available for download yesterday - almost two months after it was first announced. read more

Wriggle room for ANZ

ANZ wrapped up a week of annual meetings for major banks on Friday with a stark assessment of the forces containing banks at present. read more

Porous surcharging cap planned

Payment card schemes may be allowed to introduce a cap on the surcharges that merchants can apply to payments made with a credit card or debit card under a proposal outlined by the Payments System B.. read more

Setback for Storm litigants

Two clients of Storm Financial will have to draft fresh pleadings in legal action against Commonwealth Bank over the bank's alleged role in investment losses suffered by the pair. read more

Market income retards Westpac profit

Rising yields on European public sector and bank bonds are dragging down the profits of Westpac Banking Corp as it re-values securities held for trading and liquidity purposes. read more

Genworth floats above insurance peers

The proposed initial public offering of the lenders' mortgage insurance business operated by Genworth in Australia could emphasise one little-known feature company: it is the fourth most profitable.. read more

States proclaim all clear for PPSR

State and territory governments have begun to make the final proclamations needed to enable the transfer of two dozen registers of security interests to the unified register established under Commo.. read more

Consumer credit cards a declining business

A secular shift in the use of credit cards as a tool of household finance may be underway, with a decline for the fourth consecutive month in the value of credit card balances in October. read more

Most wary of digital wallets

Digital wallets might be exciting banks, but it will be a hard slog to convince local consumers. A new KPMG report shows 60 per cent of Australians aren't willing to use their mobile phones as digita.. read more