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AFCA will step up focus on conciliation
The Australian Financial Complaints Authority CEO and chief ombudsman David Locke sees direct conciliation with the industry as key...
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APRA moves on contagion risks
APRA has strengthened its prudential standards to help banks limit "contagion risks", as highlighted by the global financial crisis...
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Bendigo sets up another ‘branch of the future’
Flipping the “traditional concept of a bank branch”, Bendigo Bank has set up its second ‘branch of the future’ in Sydney’s inner...
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Zip begins “global expansion story” with strategic investments
Zip will move into the New Zealand, UK, US and South African markets through the purchase of global instalment technology platform...
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Identitii forges payments agreement with HSBC
Fintech Identitii will bring its Overlay+ platform to HSBC Australia in 2020 to reduce payment interruptions for banks and...
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Westpac gives SMEs the cloud
Westpac has partnered with software provider Coupa to help small businesses manage their spending on a cloud platform. ...
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Westpac loan book sound despite arrears worsening
Long-term, Westpac is positioned to deliver modest earnings growth, based on sustainable lending growth, steady net interest...
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Westpac reports rise in mortgage arrears
Westpac has reported a rise in mortgage arrears in its quarterly update on the back of a weaker housing market.
On Monday...
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ASIC and AFCA play complementary roles
CEO and chief ombudsman at the Australian Financial Complaints Authority (AFCA), David Locke spoke at the latest ASIC hearings in...
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How NAB shifted on data with responsible lending
The National Australia Bank’s decision to invest in data over the last few years is paying off for the business and key in meeting...
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Banks on front foot on government’s reform agenda: ABA
The Australian Banking Association has backed the government’s timetable for legislative change following the Royal Commission and...
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Citi moves into BNPL
Citi Australia has launched a buy now pay later (BNPL) offering to Citi credit cardholders through a tie-up with Kogan....
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