Arty Parpera raises neobank bar

It’s open season in neobank and fintech world, no need for a licence to call yourself a bank. In the vanguard in Australia, look out for Parpera, a Sydney start-up with method and not much money. read more

Scrawny bank buffers as Australia wanders

The BIS ponder red-hot risks in long global banking report: How are household finances holding up against the Covid-19 shock? The spotlight thrown on Australia confirms there is wealth to shred and th.. read more

Zimmerman champs at Eftpos

A stalwart of representation for the biggest names in Australian retail and a fervent campaigner for low-cost and more efficient payments is taking up a new job in banking. Advocacy and tutoring will.. read more

Tall Mohl tale plays at Livingstone

Something may be up at Commonwealth Bank. Who’s behind Tony Boyd’s AFR scoop this morning on a board brawl at the bank? A candid Andrew Mohl email from more than a year ago is the weapon, writes IAN R.. read more

May days a banking mess

Rarely singled-out as the tell-all indicator this it is, the value of Real-time Gross Settlements whizzing through the Reserve Bank’s systems are at red-alert readings. read more

Bulldog Xinja defers Dubai funding

Just “tune out the haters” and the “bullies” and double-down on self-belief and certainty in Xinja Bank’s version of a disruptive neobank. That’s the emotional essence of an often candid and typically.. read more

Debit and virus smack down credit habits

Debit cards are well and truly the preferred way to pay, thanks to the pandemic, and the virus has slashed the average credit card debt to 2008 levels. Cash-out with card purchases is also in free fal.. read more

Trio talk dinkum payments scheme

NPP Australia, BPAY Group and Eftpos Australia may combine in some form, with the boards of the three domestic payments organisations investigating the business case. read more