Medipass a remedy for Tyro 11 May 2021 6:06AM A NAB investment vehicle is giving Tyro Payments a leg up in health payments business Mediapass. read more
Macquarie head count out of control 10 May 2021 4:33AM Macquarie is in the business of “Direct Air Capture” apparently. read more
Laboratory radicals go cashless 10 May 2021 4:27AM Laboratories Credit Union is to go cashless, no longer offering cash deposits and withdrawals in branch from 1 July. read more
NAB a high cost bank 07 May 2021 7:48AM NAB added around 490 new customer facing and operational roles to its business and private banking division last year, a reminder that “simpler” banks – the industry vogue – are inefficient banks. read more
Shayne Elliott blows ANZ blues 06 May 2021 6:16AM The second weakest of the big Australian banks continues to tell improbable stories, ANZ an acidic reminder of the ills of an industry and its place as first mover or early mover in the grand realignm.. read more
Banks planning to indulge over TFF finale 04 May 2021 3:51AM With lending to business headed in the wrong direction, Westpac may be hard placed to optimise its use of the Term Funding Facility – to which all banks lose access in eight weeks’ time. read more
Judo steady in neobank chase 03 May 2021 6:35AM The three neobanks hold less than $3 billion in deposits between them. Judo Bank holds 70 per cent of this cash and their combined market share is barely 0.10 per cent. read more
Xinja now a no-name ex bank 03 May 2021 6:34AM The company formerly known as Xinja has a new name and a new direction – wealth platform technology – and the failed bank even claims to have banking technology IP to sell. read more
Mitigation messes with Westpac 27 April 2021 4:35AM Remediation programs “are taking longer to complete” and the costs are piling up for Westpac. read more
APRA backs long-term fossil fuel finance 23 April 2021 7:45AM The greenwashing of the narrative of an Australian banking industry promoted as prepared for climate change is the main theme in APRA’s draft Prudential Practice Guide on Climate Change Financial Risk.. read more