- iCash ATMs stand silent
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02 September 2010 6:32amATMs 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 »
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Point of Pay wants to be the future of Eftpos
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02 September 2010 6:31amEftpos 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
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02 September 2010 6:31amIn 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 »
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Current jobs in banking and finance
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02 September 2010 6:31am
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South Canterbury falls victim to mismanagement
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01 September 2010 7:37amSouth 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 »
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A financial fiasco made in New Zealand
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01 September 2010 7:35amThe 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 »
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Non-guaranteed deposits now covered
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01 September 2010 7:34amThe 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 »
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Commonwealth improves SVR discount
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01 September 2010 7:33amCommonwealth 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 »
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rediATM network is big enough
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01 September 2010 7:32amThe rediATM network gets bigger today by 350 machines and 330,000 cardholders with Bank of Queensland joining. » read more »
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ATMs are a loss-making business
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01 September 2010 7:30amPoliticians 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 »
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Business lending still on the slide
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01 September 2010 7:30amBusiness 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 »
