Latest News

• Ian Rogers

Runaway growth in scheme fees levied by Mastercard and Visa could be – but probably won’t be – corralled by intervention options canvassed by the Reserve Bank yesterday. read more

• Ian Rogers

The Reserve Bank is proposing removing surcharging across all debit card and credit card payments, from July 2026. read more

• Ian Rogers

Major banks have reached an agreement with Armaguard to extend their financial contributions to support the dominant cash-in-transit business for a further six months.   read more

• Ian Rogers

Things are unsettled at NAB, beginning with insider trading. read more

• Ian Rogers

Armaguard are borrowing in curious places. read more

• Ian Rogers

ANZ’s new chief executive Nuno Matos “has quietly downgraded the bank’s glamour technology project” The Australian reported on Saturday. read more

• Ian Rogers

NAB breached its responsible lending obligations when it provided an investment loan to two sisters in 2018, AFCA has ruled. read more

• Ian Rogers

The Full Federal Court today dismissed an appeal by Cigno Australia Pty Ltd and BSF Solutions Pty Ltd and their respective directors. read more

• Ian Rogers

Project Acacia has today reached a milestone with a number of industry participants selected to explore how innovations in digital money and existing settlement infrastructure might support the devel.. read more

• Ian Rogers

MyState may be the favourite to buy RACQ Bank. read more

• Ian Rogers

Which bank is Commonwealth Bank? Massively overvalued or a massive disappointment? Both read more

• Ian Rogers

Cash usage in Australia appears to be stabilising. read more

• Ian Rogers

HSBC is seeking a buyer for its Australian retail banking arm, The Australian reports. read more

• Ian Rogers

Commonwealth Bank will shift its lenders mortgage insurance to Arch Lenders Mortgage Indemnity. read more

• Ian Rogers

A ‘business review’ announced by the board of Helia is likely to land on putting the LMI business up for sale, or into runoff. read more

• Ian Rogers

AusPayNet and Australian Payments Plus have laid out a consultation process to develop an industry vision for the future of account-to-account payments. read more

• Ian Rogers

Most ADIs and most APRA regulated entities will have another year to conform to APRA’s new prudential standard CPS230 on operational risk management, which came into force today. read more

• Ian Rogers

The reverse mortgage market will be counted in the trillions.   read more

• Ian Rogers

Experteq – formerly Transaction Solutions – has been ordered to pay Expert Group International $9.7 million, plus interest, in a final settlement of a contested earn out provision following the 2020 t.. read more

• Ian Rogers

Armaguard, the Australian Banking Association, the major banks and others have received the final all-clear from the ACCC to continue their collaborative conduct intended to keep Armaguard in business.. read more