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ACCC action supports push for greater bank competition
The Government is determined to improve customer outcomes and increase competition in the banking sector after the Australian...
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What banks can learn from royal commission failings
Organisations that fail to adapt to “rapidly changing” consumer expectations are incapable of effectively managing their risk,...
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Royal commission recalibrates bank focus
The focus on revenue and returns in the banking sector will be broadened to include four more R’s, according to UBS bank analyst...
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ASIC moves on improving internal disputes
The corporate regulator will begin a coordinated approach to improve how internal complaints are handled by financial services...
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New deputy chair for ASIC amid funding boost
Karen Chester was appointed deputy chair of ASIC as the government remains committed to $70.1 million in funding to support the...
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Mid-tier banks see growth in lending
A number of banks are seeing growth in lending on the back of targeted marketing and to some extent the fall-out of the royal...
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ANZ re-assesses sale of OnePath
ANZ will re-assess the sale of its wealth business, OnePath to IOOF following the announcement on Friday that the Australian...
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Mutual banks ahead on NPP
Mutual banks are widely adopting the New Payments Platform according to the latest KPMG review on the mutual sector. ...
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Westpac’s choice in AI
Westpac announced artificial intelligence company Daisee as the winner of the fifth annual Westpac Innovation Challenge.
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