ACCC warns industry 01 November 2024 7:02AM Latest news Ian Rogers Businesses across the banking and financial sector “should be mindful that the ACCC will not hesitate to take action where necessary to protect competition including through court action” the ACCC chi.. read more
Arrears hot in the inner city 31 October 2024 6:12AM Latest news Melbourne is emerging as a mortgage delinquency hot spot, Moody’s Ratings finds in a new analysis. read more
Cash a prince among SME payments 31 October 2024 6:11AM Latest news Ian Rogers Banks are offering SMEs an adequate but undifferentiated service. read more
Novatti banks on payments operations 31 October 2024 6:09AM Latest news Bernard Kellerman Payments outfit Novatti Group Limited has reported 13 per cent boost in revenue to $12.9 million for the September 2024 quarter. read more
Wisr lowers revenue, improves margins 31 October 2024 6:07AM Latest news Bernard Kellerman Wisr's loan originations lifted 40 per cent over the prior quarter. read more
Teachers Mutual dumps Hiver, considers branch closures 28 October 2024 6:38AM Latest news Ian Rogers With cost-cutting front of mind, Teachers Mutual Bank will withdraw its Hiver brand from the market, and even look at closing branches. read more
RBA a high cost operator 28 October 2024 6:34AM Latest news Ian Rogers Australia’s central bank may be reforming many of its ways, but cost discipline isn’t one of them. read more
Scams, credit delays AFCA resolution 25 October 2024 7:04AM Latest news Ian Rogers An Australia ‘free of financial disputes’ is the new vision of AFCA. read more
MyState and Auswide terms ‘reasonable’ 24 October 2024 7:02AM Latest news Ian Rogers MyState’s offer for Auswide Bank are reasonable, corporate advisory firm Kroll has concluded. read more
Cuscal IPO priced 21 October 2024 1:01AM Latest news Ian Rogers The upcoming initial public offer of Cuscal Limited will be priced at $2.50 a share. read more
Latitude, Harvey Norman liable for interest free GO card con 21 October 2024 12:58AM Latest news Ian Rogers Interest free offers are never interest free. read more
Third parties behind most payments strife 18 October 2024 6:12AM Latest news Ian Rogers The leading cause of payments outages are issues with third parties, analysis by the Reserve Bank of Australia has found. read more
JP Morgan stirs payments pot 18 October 2024 6:08AM Latest news Ian Rogers Following its entry into Eftpos and the New Payments Platform, JP Morgan Australia is poised to enter the acquiring business. read more
BOQ rests on unstable foundations 17 October 2024 7:45AM Latest news Ian Rogers Retail banking profits at Bank of Queensland crashed over the year to August 2024, down to $88 million in cash earnings from $203 million in FY2023. read more
NGM steps up in Greater Newcastle 17 October 2024 7:33AM Latest news Ian Rogers Confounding the cynics, NGM Group has reported the highest mutual bank profit ever. read more
Summerland and RAB to merge 17 October 2024 7:31AM Latest news Ian Rogers Regional Australia Bank and Summerland Bank have announced their plan to merge. read more
Will a surcharge ban help big banks kill their competition? 17 October 2024 7:27AM Latest news Banking Day staff A lucrative part of the fintech sector that provides competition to Australia’s dominant banks in payments has been upended by the Albanese government’s intention to put an end to rising debit card fe.. read more
The Authentic challenge in cash-in-transit 16 October 2024 6:04AM Latest news Ian Rogers Often described as a monopoly industry, cash-in-transit is a sector with a vibrant and disruptive alternative supplier. read more
Interchange, surcharging in strife as RBA payments review revs up 16 October 2024 5:58AM Latest news Ian Rogers The federal government expects banks and payments providers to voluntarily end surcharging on debit payments by the end of 2025. read more
NAB CEO at sea on branches 15 October 2024 6:16AM Latest news Ian Rogers In a spectacular fail, NAB chief executive Andrew Irvine told a falsehood in a radio interview yesterday on NAB’s record on branch closures. Or is he clueless on what’s really going on? read more