Bank supremos soon tried and tested 06 March 2020 6:08PM AMP and big banks and their CEOs are well and truly in ASIC's sights for criminal prosecution. read more
UBank leads deposit reset 06 March 2020 6:07PM NAB's UBank is the early mover on deposit rates, reducing the "Ultra bonus" rate by 25 bps. read more
Xinja minced by deposit rush 06 March 2020 6:04PM Xinja is practically closed for a business less than a year into opening - from today the bank's high-yield savings accounts are a dormant product, a sharp twist to the capital raise the bank has in t.. read more
Xinja racks up losses 05 March 2020 4:42PM The burn rate at Xinja Bank is white hot, with the bank making plans to "limit deposits". read more
Margin mayhem ahead 04 March 2020 4:48PM Throwing margin management out the window, large banks and others have said they will cut mortgage rates by 25 bps pronto. read more
Few fintechs press APRA on banking dreams 03 March 2020 5:59PM APRA is dealing with around 40 approaches from fintechs for a banking authority, with 14 seriously "in the process". read more
Greens smash cash clamp champs 02 March 2020 5:54PM The hypothesis that the Australian government and the Reserve Bank are on a mission to eliminate cash from the economy won support from a single Tasmanian senator in a report on the "cash ban" bill on.. read more
All losses and growth at Zip 28 February 2020 5:19PM The bad debt line is among the fastest growing metrics at Zip Co, a buy now, pay later powerhouse consolidating its share of the domestic market. read more
Mandate LCR in all channels: Eftpos 27 February 2020 5:12PM Least cost routing remains uncommon in the Australian payments landscape and needs to encompass recurring payments, Eftpos believes. read more