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Slow progress from CBA on NPP disappointing: Lowe
The Reserve Bank governor Philip Lowe singled out the Commonwealth of Australia for its lack of progress in adopting the New...
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RBA eyes case for BPAY, eftpos and NPPA consolidation
The central bank is assessing whether there is a case for some rationalisation of Australia's three domestically focused payment...
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UBank and Basiq enter data driven partnership
National Australia Bank owned UBank has partnered with Australian fintech Basiq to leverage machine learning to create an in-depth...
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ASIC’s updated responsible lending update keeps principles-based guidance
As already flagged by the corporate regulator, ASIC’s updated guidance on responsible lending remains principles-based aimed at “...
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HSBC banker makes move into fintech industry
ThoughtWorks has appointed Vic Wolff as its new director of financial services to expand its presence in the financial services...
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Australian Business Growth Fund spurs APRA to rejig capital framework
APRA is adjusting its capital framework for banks to support the establishment of the Australian Business Growth Fund (ABGF)....
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Wake up call for mutual banks on conduct
While the customer-owned banking sector was not embroiled in any misconduct in the Royal Commission hearings, recent findings...
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How rate cuts are impacting mortgage repayments
While the rate cuts by the central bank were intended to simulate the economy, latest research reveals another impact the cuts are...
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Central banks need to be "far more proactive" on payments: BIS
The Bank of International Settlements general manager Agustin Carstens has called central banks to take an active part in digital...
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