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iCash ATMs stand silent
02 September 2010 6:32am
ATMs operated by iCash Payments are handling only a dozen or so transactions a day, commentary published along with the company’s full-year profit, released yesterday, shows. » read more »
Subscription content please login to view - Point of Pay wants to be the future of Eftpos Point of Pay wants to be the future of Eftpos
02 September 2010 6:31am
Eftpos Payments Australia Limited is currently in discussions with a number of licensees of different online payment technologies as it works through the options for taking eftpos online. » read more »
Correction: The Rock Building Society
02 September 2010 6:31am
In an article on the performance of small deposit taking institutions published on Tuesday we reported that The Rock Building Society's charge for bad and doubtful debts rose from $39 million to $101 million over the past financial year. » read more »
Subscription content please login to view - Current jobs in banking and finance Current jobs in banking and finance
02 September 2010 6:31am
Subscription content please login to view - South Canterbury falls victim to mismanagement South Canterbury falls victim to mismanagement
01 September 2010 7:37am
South Canterbury Finance, New Zealand’s largest finance company deemed too-big-to-fail finally collapsed, but not before the government stepped in with a disguised bail-out to ensure minimal disruption to the wider economy. » read more »
Subscription content please login to view - A financial fiasco made in New Zealand A financial fiasco made in New Zealand
01 September 2010 7:35am
The wholesale help from New Zealand's government for the failed carcass of South Canterbury Finance will, all must hope, prove some sort of end point to a wholly home-grown financial crisis. » read more »
Subscription content please login to view - Non-guaranteed deposits now covered Non-guaranteed deposits now covered
01 September 2010 7:34am
The New Zealand government eased its guarantee rules for all guaranteed finance companies and non-guaranteed deposits will also henceforth be covered by the guarantee. » read more »
Subscription content please login to view - Commonwealth improves SVR discount Commonwealth improves SVR discount
01 September 2010 7:33am
Commonwealth Bank has increased the standard variable rate discount from 0.6 to 0.7 per cent on home loans amounts between $500,000 and $750,000. The change, which took effect on Monday is available until the end of October and applies to new money home loan applications. » read more »
Subscription content please login to view - rediATM network is big enough rediATM network is big enough
01 September 2010 7:32am
The rediATM network gets bigger today by 350 machines and 330,000 cardholders with Bank of Queensland joining. » read more »
Subscription content please login to view - ATMs are a loss-making business ATMs are a loss-making business
01 September 2010 7:30am
Politicians calling for cost-based foreign ATM fees fail to understand the business, said Craig Kennedy, managing director CUSCAL, the administrator of rediATM, the second largest ADI-owned ATM network in Australia. » read more »
Subscription content please login to view - Business lending still on the slide Business lending still on the slide
01 September 2010 7:30am
Business lending may be in decline but one lender to business is keen to highlight that its market share is on the rise. National Australia Bank, in an email from corporate affairs yesterday, pointed out that the bank's business lending market share in June was 20.8 per cent, rising in July to 21 per cent. » read more »
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