Woolworths sets the pace in payments 01 April 2010 5:51PM Jostling for advantage in the - for once - changing world of payment processing must be the prime reason for Woolworth's slap this month at those pervasive brands, MasterCard, and Visa. read more
BOQ progresses in banking queue 01 April 2010 5:47PM Bank of Queensland achieved a minor milestone over the last month, elbowing past Suncorp Metway and also BankWest to become the sixth-largest holder of household deposits of any bank in Australia. read more
Securency lacked controls on agency payments 31 March 2010 5:37PM The managing director and company secretary of Securency International both left the firm yesterday, The Age reported. Their departure - it is not clear if they are resignations - follows the public.. read more
Westpac ordered to restore merchant services to blacklisted customer 31 March 2010 5:36PM Westpac, through its banking division St George, will have to restore the merchant acquiring facilities for the Volume Plus network of petrol stations in Sydney following a Federal Court order hande.. read more
Eftpos blacklist gets an airing 30 March 2010 5:52PM The existence, if there is one, of a bank blacklist for the supply of Eftpos facilities received an airing in the Federal Court of Australia, which provided a procedural ruling two weeks ago in a ca.. read more
Conditional capital for ME Bank 29 March 2010 5:50PM ME Bank has two main hurdles to meet if it wants to suck in more capital from the superannuation funds that own it. read more
Capital prop for ANZ Panin 26 March 2010 5:51PM ANZ will increase its capital invested in Indonesia by "up to US$100 million", or two thirds more than at present. read more
Few signs of household debt stress 26 March 2010 5:49PM The share of new loans to owner-occupiers and with a loan to valuation ratio of more than 90 per cent fell by more than a third over the last year, the Reserve Bank of Australia reported in its half.. read more
Asset quality getting worse, not better 25 March 2010 5:20PM Impaired assets worsened over the banking sector over the December 2009 quarter, APRA data shows. The trends across the banking sector, on the APRA data, are, once again, hard to reconcile with the.. read more
Foreign banks lend less and earn less 24 March 2010 6:04PM The profits of foreign banks operating in Australia through branches dipped a little in the September 2009 quarter, data compiled by the Australian Prudential Regulation Authority shows. read more