Banks offload Beem It to Eftpos 04 November 2020 6:52AM Beem It, a little-used alternative to Osko and the New Payments Platform, has been bought by Eftpos. read more
NPP Roadmap blurs blooming debut 04 November 2020 6:51AM The NPP wholesale transaction cost “continues to decline” and is now below 10 cents. But long-planned add-ons to the NPP are delayed, such as richer message standards and offshore payments. read more
RBA broadside savages yields 04 November 2020 6:50AM Payments volumes tanked in October, providing a bleak background to the Reserve Bank’s well-telegraphed easing of monetary policy settings yesterday. read more
Xinja runs amuck in Australia 02 November 2020 5:52AM Unprofitable Xinja lacks basic banking capability. read more
ANZ ducks as quick Crennan clears ASIC air 27 October 2020 6:32AM In Banking Day’s opinion the market and the public and the parliament are chronically under-informed with regard to the context and the scale of the apparent carelessness of ASIC’s deputy chair and ch.. read more
The inside story of the the Shipton / Crennan affair 27 October 2020 6:31AM Around 35 years ago, Banking Day editor Ian Rogers was the enabler of a fraud on the Commonwealth by a slick new divisional CEO of a large department, an episode with strong parallels to the affair t.. read more
RACQ bogged by banking 26 October 2020 6:33AM Fully impaired is phrase you won’t often read in connection with the goodwill from a recent banking takeover. Over the three years since diversifying into banking, the operating losses from RACQ Bank.. read more
Liquidity stuffup draws APRA penalty 22 October 2020 6:16AM For now there is no supplement to the operational capital charge of Bendigo and Adelaide Bank, but there will be, with the bank named and shamed twice in short order. read more
Sims RAMS fintechs hard 22 October 2020 6:08AM Failures will forge many bank and fintech bonds but the more strategic fintech bank mergers will be hard to explain away to the ACCC and its hopeful chair Rod Sims. read more
The black and white of keeping cash 20 October 2020 5:58AM Demand for cash and the use value in cash is a worldwide story. read more