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Big decisions for banks as insolvencies set to surge
A surge of insolvencies is expected in September, according to latest industry data and while the big four will have to make some...
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AB+F Magazine - June 2020
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Mortgage deferrals climbs to $211 billion
Banks have deferred the repayments of one in fourteen mortgages totalling more than $150 billion, according to the Australian...
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Corelogic reports slight downturn in housing market for now
Despite the downturn of housing sales keeping prices steady, April saw growth halved to 0.3 per cent as COVID-19 weakens consumer...
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AB+F Magazine - May 2020
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AB+F Magazine - April 2020
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NAB revamps executive team
In line with its new organisational structure, National Australia Bank has revamped its executive team.
The former...
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Best interest duty set to increase documentation for industry
A bigger focus on documenting client interactions will be key for mortgage brokers once the Best Interest Duty rolls comes into...
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Open banking could lead to five new neobanks by 2023
There is a real opportunity for banks to seize the extended time to prepare for open banking as competition in the banking space...
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Alipay moves on untapped potential
Mobile payment giant Alipay announced it has entered a three-year strategy to further develop its capabilities to 40 million...
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Closer collaboration with IT top focus for COOs
Chief operating officers are prioritising transformation and adaption as financial institutions move forwards efforts to stay ahead...
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Effective data management still not tackled
As financial services and banks continue to amass consumer data the questions remain surrounding who truly ‘owns’ information...
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