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Briefs: Credit Union SA sign up new director, AMP looks for a new marketer, ANZ tracks rise in mobi

25 January 2018 5:31PM
Credit Union SA, that state's third largest credit union, has boosted its board's retail banking and risk management experience with the appointment of Philip Riquier as a board appointed director, effective from 1 February 2018. Riquier is an experienced ASX 100 executive and professional company director, having previously worked as an executive at Bendigo & Adelaide Bank Ltd (and at Adelaide Bank prior to the merger), and holds a number of executive and non-executive directorships across a broad range of industries including property, aged care and superannuation. AMP Bank has announced that Glenn Gibson, head of marketing and sales will be leaving after eight years. The bank said Gibson had "helped build a great team and a platform for the next stage of AMP Bank's growth". A new lead for sales distribution would be announced "in coming months", it said. ANZ's latest Bluenotes customer newsletter has outlined a few trends towards mobile wallets to emerge from this year's Christmas spending, including that the number of mobile wallet transactions as a proportion of total card based spending more than doubled in the period. ANZ's data also showed a notable rise in the volume of mobile wallet transactions in December 2017, up 140 per cent on the previous corresponding period. The volume of mobile wallet transactions reached 3.9 million in December, compared with 1.6 million in the same month in 2016. In December ANZ customers favoured their smartphones and wearables for 4.5 per cent of all transactions, compared with two per cent for the same time last year.

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